Mutual of America Capital Management LLC Acquires 1,991 Shares of Vail Resorts, Inc. (NYSE:MTN)

Mutual of America Capital Management LLC raised its stake in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 1.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 135,073 shares of the company's stock after purchasing an additional 1,991 shares during the period. Mutual of America Capital Management LLC owned 0.36% of Vail Resorts worth $21,614,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MTN. Heck Capital Advisors LLC bought a new stake in shares of Vail Resorts during the fourth quarter worth about $33,000. Golden State Wealth Management LLC boosted its stake in Vail Resorts by 102.5% in the first quarter. Golden State Wealth Management LLC now owns 243 shares of the company's stock valued at $39,000 after acquiring an additional 123 shares during the last quarter. Alpine Bank Wealth Management purchased a new stake in shares of Vail Resorts during the 1st quarter valued at approximately $40,000. GAMMA Investing LLC lifted its stake 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 buying an additional 116 shares in the last quarter. Finally, GeoWealth Management LLC lifted its stake 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 buying an additional 180 shares in the last quarter. 94.94% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Angela A. Korch bought 200 shares of the stock in a transaction dated Friday, June 20th. The shares were purchased at an average price 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 $495,492. This represents a 6.77% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

Vail Resorts Trading Down 2.7%

Shares of NYSE:MTN traded down $4.57 on Friday, hitting $165.06. The company had a trading volume of 802,471 shares, compared to its average volume of 600,061. The firm's 50-day simple moving average is $154.69 and its two-hundred day simple moving average is $158.70. Vail Resorts, Inc. has a 1 year low of $129.85 and a 1 year high of $199.45. The company has a quick ratio of 0.54, a current ratio of 0.61 and a debt-to-equity ratio of 1.70. The firm has a market capitalization of $6.13 billion, a price-to-earnings ratio of 21.11, a P/E/G ratio of 2.03 and a beta of 0.91.

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

Vail Resorts Dividend Announcement

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