Vail Resorts, Inc. (NYSE:MTN) Shares Purchased by Country Club Bank

Country Club Bank lifted its stake in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 111.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,635 shares of the company's stock after acquiring an additional 14,063 shares during the quarter. Country Club Bank owned approximately 0.07% of Vail Resorts worth $4,300,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new position in Vail Resorts in the 4th quarter worth approximately $33,000. Golden State Wealth Management LLC raised its holdings in shares of Vail Resorts by 102.5% during the 1st quarter. Golden State Wealth Management LLC now owns 243 shares of the company's stock worth $39,000 after acquiring an additional 123 shares in the last quarter. Alpine Bank Wealth Management purchased a new stake in shares of Vail Resorts during the 1st quarter worth approximately $40,000. GAMMA Investing LLC increased its position in shares of Vail Resorts by 75.3% during the 1st quarter. GAMMA Investing LLC now owns 270 shares of the company's stock valued at $43,000 after purchasing an additional 116 shares during the last quarter. Finally, GeoWealth Management LLC increased its position in shares of Vail Resorts by 162.2% during the 4th quarter. GeoWealth Management LLC now owns 291 shares of the company's stock valued at $55,000 after purchasing an additional 180 shares during the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on MTN shares. Morgan Stanley reissued an "equal weight" rating on shares of Vail Resorts in a research report on Friday, June 6th. Mizuho upped their price objective on Vail Resorts from $215.00 to $216.00 and gave the company an "outperform" rating in a research report on Friday, June 6th. Deutsche Bank Aktiengesellschaft cut their price objective on Vail Resorts from $183.00 to $171.00 and set a "hold" rating on the stock in a research report on Thursday, May 29th. Bank of America increased their price target on Vail Resorts from $160.00 to $175.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 28th. Finally, JPMorgan Chase & Co. raised Vail Resorts from an "underweight" rating to a "neutral" rating and set a $167.00 price target on the stock in a research report on Wednesday, May 28th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $187.20.

Insider Buying and Selling

In other news, CFO Angela A. Korch acquired 200 shares of the business's stock in a transaction dated Friday, June 20th. The shares were acquired at an average cost of $157.00 per share, with a total value of $31,400.00. Following the completion of the acquisition, the chief financial officer owned 3,156 shares of the company's stock, valued at approximately $495,492. This trade represents a 6.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.20% of the company's stock.

Vail Resorts Stock Down 2.7%

Vail Resorts stock traded down $4.57 during midday trading on Friday, reaching $165.06. The company's stock had a trading volume of 802,471 shares, compared to its average volume of 599,607. The stock's 50-day simple moving average is $154.69 and its 200-day simple moving average is $158.92. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.61 and a quick ratio of 0.54. Vail Resorts, Inc. has a 52-week low of $129.85 and a 52-week high of $199.45. The stock has a market capitalization of $6.13 billion, a P/E ratio of 21.11, a PEG ratio of 2.09 and a beta of 0.91.

Vail Resorts (NYSE:MTN - Get Free Report) last released its quarterly earnings results on Thursday, June 5th. The company reported $10.54 EPS for the quarter, beating analysts' consensus estimates of $10.00 by $0.54. Vail Resorts had a return on equity of 30.25% and a net margin of 9.81%. The company had revenue of $1.30 billion during the quarter, compared to analysts' expectations of $1.31 billion. During the same period last year, the business posted $9.54 earnings per share. The firm's revenue was up 1.0% compared to the same quarter last year. On average, sell-side analysts expect that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Tuesday, June 24th were paid a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date was Tuesday, June 24th. Vail Resorts's dividend payout ratio (DPR) is presently 113.55%.

About Vail Resorts

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.