United Services Automobile Association Makes New $411,000 Investment in Vail Resorts, Inc. $MTN

Key Points

• United Services Automobile Association invested approximately $411,000 in Vail Resorts, purchasing 2,543 shares in the company's stock during the first quarter.
• Vail Resorts has seen significant activity from institutional investors, with 94.90% of its stock currently owned by them, indicating strong market interest.
• Wall Street analysts have mixed ratings for Vail Resorts, with an average rating of "Hold" and an average price target of $187.20.

United Services Automobile Association acquired a new stake in Vail Resorts, Inc. (NYSE:MTN - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 2,543 shares of the company's stock, valued at approximately $411,000.

Other institutional investors have also recently bought and sold shares of the company. Crossmark Global Holdings Inc. grew its stake in Vail Resorts by 25.5% in the 1st quarter. Crossmark Global Holdings Inc. now owns 2,575 shares of the company's stock valued at $412,000 after purchasing an additional 523 shares during the period. GAMMA Investing LLC grew its stake in Vail Resorts by 27,955.2% in the 1st quarter. GAMMA Investing LLC now owns 43,205 shares of the company's stock valued at $6,914,000 after purchasing an additional 43,051 shares during the period. Sequoia Financial Advisors LLC purchased a new position in shares of Vail Resorts during the 1st quarter valued at $20,315,000. Principal Financial Group Inc. lifted its position in shares of Vail Resorts by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 1,654,081 shares of the company's stock valued at $264,686,000 after buying an additional 5,788 shares during the last quarter. Finally, Jump Financial LLC purchased a new position in shares of Vail Resorts during the 1st quarter valued at $5,543,000. Institutional investors own 94.90% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Morgan Stanley reaffirmed an "equal weight" rating on shares of Vail Resorts in a research report on Friday, June 6th. Bank of America upped their price target on Vail Resorts from $160.00 to $175.00 and gave the company a "neutral" rating in a research report on Wednesday, May 28th. Mizuho upped their price target on Vail Resorts from $215.00 to $216.00 and gave the company an "outperform" rating in a research report on Friday, June 6th. UBS Group dropped their price target on Vail Resorts from $185.00 to $169.00 and set a "neutral" rating on the stock in a research report on Wednesday, June 11th. Finally, Truist Financial dropped their price target on Vail Resorts from $247.00 to $244.00 and set a "buy" rating on the stock in a research report on Friday, June 6th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $187.20.

Vail Resorts Price Performance

MTN traded down $3.76 during trading on Friday, reaching $143.62. 579,558 shares of the company were exchanged, compared to its average volume of 532,514. The company's 50-day moving average is $156.74 and its two-hundred day moving average is $153.46. The company has a market cap of $5.34 billion, a price-to-earnings ratio of 18.37, a P/E/G ratio of 1.82 and a beta of 0.87. The company has a quick ratio of 0.54, a current ratio of 0.61 and a debt-to-equity ratio of 1.70. Vail Resorts, Inc. has a 12-month low of $129.85 and a 12-month high of $199.45.

Insider Transactions at Vail Resorts

In related news, CFO Angela A. Korch acquired 200 shares of the company's stock in a transaction that occurred on Friday, June 20th. The shares were acquired at an average price of $157.00 per share, with a total value of $31,400.00. Following 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.20% of the company's stock.

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.