Country Club Bank Buys 14,063 Shares of Vail Resorts, Inc. (NYSE:MTN)

Country Club Bank lifted its position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 111.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,635 shares of the company's stock after acquiring an additional 14,063 shares during the period. Country Club Bank owned about 0.07% of Vail Resorts worth $4,300,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC bought a new stake in Vail Resorts in the 4th quarter valued at about $33,000. Golden State Wealth Management LLC raised its holdings in shares of Vail Resorts by 102.5% during the first quarter. Golden State Wealth Management LLC now owns 243 shares of the company's stock valued at $39,000 after buying an additional 123 shares during the last quarter. Alpine Bank Wealth Management bought a new stake in shares of Vail Resorts during the first quarter valued at approximately $40,000. GAMMA Investing LLC grew its holdings in Vail Resorts by 75.3% in the 1st quarter. GAMMA Investing LLC now owns 270 shares of the company's stock worth $43,000 after buying an additional 116 shares in the last quarter. Finally, GeoWealth Management LLC increased its holdings in shares of Vail Resorts by 162.2% during the fourth 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 period. 94.94% of the stock is currently owned by institutional investors.

Insider Activity at Vail Resorts

In other Vail Resorts news, CFO Angela A. Korch purchased 200 shares of the company's stock in a transaction dated Friday, June 20th. The shares were bought at an average price of $157.00 per share, with a total value of $31,400.00. Following the completion of the transaction, the chief financial officer directly owned 3,156 shares in the company, valued at $495,492. This trade represents a 6.77% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.20% of the stock is currently owned by company insiders.

Vail Resorts Price Performance

Shares of Vail Resorts stock traded down $0.45 during trading on Monday, reaching $164.43. The company's stock had a trading volume of 798,105 shares, compared to its average volume of 700,524. The stock has a 50-day moving average price of $154.69 and a two-hundred day moving average price of $158.47. The stock has a market capitalization of $6.11 billion, a P/E ratio of 21.03, a price-to-earnings-growth ratio of 2.03 and a beta of 0.91. The company has a current ratio of 0.61, a quick ratio of 0.54 and a debt-to-equity ratio of 1.70. Vail Resorts, Inc. has a one year low of $129.85 and a one year high of $199.45.

Vail Resorts (NYSE:MTN - Get Free Report) last announced its quarterly earnings data on Thursday, June 5th. The company reported $10.54 EPS for the quarter, topping analysts' consensus estimates of $10.00 by $0.54. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.31 billion. Vail Resorts had a return on equity of 30.25% and a net margin of 9.81%. The company's revenue was up 1.0% on a year-over-year basis. During the same period last year, the company earned $9.54 earnings per share. As a group, sell-side analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Tuesday, June 24th were paid a $2.22 dividend. The ex-dividend date of this dividend was Tuesday, June 24th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.40%. Vail Resorts's dividend payout ratio (DPR) is presently 113.55%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on MTN shares. UBS Group dropped their price objective on Vail Resorts from $185.00 to $169.00 and set a "neutral" rating on the stock in a research note on Wednesday, June 11th. Mizuho boosted their price target on shares of Vail Resorts from $215.00 to $216.00 and gave the stock an "outperform" rating in a research report on Friday, June 6th. JPMorgan Chase & Co. upgraded shares of Vail Resorts from an "underweight" rating to a "neutral" rating and set a $167.00 price objective for the company in a research report on Wednesday, May 28th. Bank of America lifted their price objective on shares of Vail Resorts from $160.00 to $175.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 28th. Finally, Morgan Stanley reissued an "equal weight" rating on shares of Vail Resorts in a research note on Friday, June 6th. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Vail Resorts presently has an average rating of "Hold" and a consensus price target of $187.20.

Vail Resorts Profile

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.