9,988 Shares in Vail Resorts, Inc. $MTN Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio bought a new position in Vail Resorts, Inc. (NYSE:MTN - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 9,988 shares of the company's stock, valued at approximately $1,360,000.

Several other large investors have also recently bought and sold shares of MTN. BOKF NA grew its holdings in shares of Vail Resorts by 833.3% during the third quarter. BOKF NA now owns 168 shares of the company's stock worth $25,000 after purchasing an additional 150 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in Vail Resorts by 815.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company's stock valued at $27,000 after buying an additional 155 shares during the last quarter. Golden State Wealth Management LLC raised its holdings in Vail Resorts by 83.3% in the 4th quarter. Golden State Wealth Management LLC now owns 220 shares of the company's stock valued at $29,000 after buying an additional 100 shares during the last quarter. Danske Bank A S acquired a new stake in Vail Resorts during the 3rd quarter worth approximately $30,000. Finally, Caitong International Asset Management Co. Ltd boosted its position in Vail Resorts by 1,585.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 236 shares of the company's stock worth $31,000 after buying an additional 222 shares during the period. 94.90% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on MTN. Zacks Research raised shares of Vail Resorts from a "strong sell" rating to a "hold" rating in a report on Monday, August 3rd. The Goldman Sachs Group initiated coverage on shares of Vail Resorts in a research note on Thursday, August 13th. They set a "sell" rating and a $132.00 price target for the company. Truist Financial cut their price target on shares of Vail Resorts from $212.00 to $195.00 and set a "buy" rating on the stock in a report on Tuesday, June 9th. Mizuho set a $174.00 price objective on shares of Vail Resorts in a research note on Tuesday, June 9th. Finally, Barclays decreased their price objective on Vail Resorts from $138.00 to $119.00 and set an "underweight" rating for the company in a report on Tuesday, June 9th. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $149.83.

Vail Resorts Price Performance

Vail Resorts stock opened at $134.91 on Tuesday. The stock's 50 day moving average is $146.02 and its 200 day moving average is $137.04. Vail Resorts, Inc. has a one year low of $118.51 and a one year high of $163.34. The firm has a market cap of $4.81 billion, a P/E ratio of 30.66, a P/E/G ratio of 8.90 and a beta of 0.69. The company has a debt-to-equity ratio of 3.22, a current ratio of 0.91 and a quick ratio of 0.79.

Vail Resorts (NYSE:MTN - Get Free Report) last released its earnings results on Monday, June 8th. The company reported $8.81 earnings per share for the quarter, missing analysts' consensus estimates of $8.97 by ($0.16). Vail Resorts had a net margin of 5.38% and a return on equity of 21.88%. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period in the prior year, the company posted $10.54 EPS. The business's revenue for the quarter was down 7.0% compared to the same quarter last year. As a group, research analysts expect that Vail Resorts, Inc. will post 4.32 EPS for the current year.

Vail Resorts Profile

Vail Resorts, Inc is a leading mountain resort company that owns and operates an integrated network of ski areas, hotels, restaurants and retail outlets. The company's signature Epic Pass program offers skiers and snowboarders season‐long access to its portfolio of resorts, while ancillary services such as ski and snowboard schools, equipment rental and retail drive additional revenue.

Headquartered in Broomfield, Colorado, Vail Resorts was formed in 1997, building on the legacy of Vail Associates, which opened the Vail ski area in 1962.

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