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

Mutual of America Capital Management LLC grew its stake in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 1.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 135,073 shares of the company's stock after acquiring an additional 1,991 shares during the quarter. Mutual of America Capital Management LLC owned about 0.36% of Vail Resorts worth $21,614,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Bamco Inc. NY raised its position in Vail Resorts by 2.0% during the 4th quarter. Bamco Inc. NY now owns 5,290,546 shares of the company's stock worth $991,713,000 after buying an additional 105,410 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Vail Resorts by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 3,716,657 shares of the company's stock valued at $696,687,000 after purchasing an additional 25,916 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Vail Resorts by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 1,654,081 shares of the company's stock valued at $264,686,000 after purchasing an additional 5,788 shares during the period. TPG GP A LLC lifted its stake in shares of Vail Resorts by 19.9% in the 4th quarter. TPG GP A LLC now owns 1,036,487 shares of the company's stock valued at $194,289,000 after purchasing an additional 172,082 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Vail Resorts by 42.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 976,468 shares of the company's stock valued at $183,039,000 after purchasing an additional 289,484 shares during the period. 94.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MTN has been the subject of a number of research 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 objective on the stock in a report on Wednesday, May 28th. Bank of America boosted 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. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Vail Resorts from $183.00 to $171.00 and set a "hold" rating on the stock in a report on Thursday, May 29th. Finally, Mizuho lifted their price target on shares of Vail Resorts from $215.00 to $216.00 and gave the company an "outperform" rating in a research report on Friday, June 6th. One research 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's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $187.20.

Vail Resorts Stock Performance

Shares of MTN traded down $1.44 during midday trading on Wednesday, hitting $158.57. 753,584 shares of the stock traded hands, compared to its average volume of 602,717. Vail Resorts, Inc. has a 1-year low of $129.85 and a 1-year high of $199.45. The firm has a market capitalization of $5.89 billion, a PE ratio of 20.28, a price-to-earnings-growth ratio of 2.02 and a beta of 0.91. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.54 and a current ratio of 0.61. The business's 50 day moving average price is $155.63 and its two-hundred day moving average price is $158.30.

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

Vail Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Tuesday, June 24th were issued 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 yield of 5.60%. Vail Resorts's dividend payout ratio is currently 113.55%.

Insider Buying and Selling

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

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.