Universal Beteiligungs und Servicegesellschaft mbH Invests $1.40 Million in Vail Resorts, Inc. (NYSE:MTN)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH made a new investment of approximately $1.40 million in Vail Resorts, purchasing 8,731 shares in the first quarter.
• Vail Resorts recently reported $10.54 EPS for the quarter, surpassing consensus estimates, with a year-over-year revenue increase of 1%.
• The company declared a quarterly dividend of $2.22 per share, yielding 5.9%, with a dividend payout ratio currently at 113.55%.

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 8,731 shares of the company's stock, valued at approximately $1,397,000.

Several other large 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 4th quarter valued at $33,000. Golden State Wealth Management LLC raised its position 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 valued at $39,000 after acquiring an additional 123 shares during the last quarter. Alpine Bank Wealth Management bought a new stake in shares of Vail Resorts during the 1st quarter valued at $40,000. GAMMA Investing LLC raised 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 acquiring an additional 116 shares during the last quarter. Finally, GeoWealth Management LLC raised 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 acquiring an additional 180 shares during the last quarter. Institutional investors and hedge funds own 94.90% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on MTN. Truist Financial lowered their price objective on shares of Vail Resorts from $247.00 to $244.00 and set a "buy" rating for the company in a research report on Friday, June 6th. Mizuho upped their price objective 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. Deutsche Bank Aktiengesellschaft lowered 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 report on Thursday, May 29th. 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 report on Wednesday, May 28th. Finally, JPMorgan Chase & Co. upgraded Vail Resorts from an "underweight" rating to a "neutral" rating and set a $167.00 target price for the company in a 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 issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $187.20.

Vail Resorts Stock Performance

NYSE:MTN traded down $1.48 during mid-day trading on Friday, hitting $148.78. The stock had a trading volume of 570,651 shares, compared to its average volume of 601,012. Vail Resorts, Inc. has a twelve month low of $129.85 and a twelve month high of $199.45. The stock has a market cap of $5.53 billion, a price-to-earnings ratio of 19.03, a PEG ratio of 1.83 and a beta of 0.90. The company's 50 day simple moving average is $158.06 and its 200 day simple moving average is $156.10. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.54 and a current ratio of 0.61.

Vail Resorts (NYSE:MTN - Get Free Report) last issued its earnings results on Thursday, June 5th. The company reported $10.54 earnings per share (EPS) for the quarter, beating 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%. Vail Resorts's revenue was up 1.0% on a year-over-year basis. During the same period last year, the business posted $9.54 EPS. On average, equities research analysts forecast that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Tuesday, June 24th were issued a $2.22 dividend. This represents a $8.88 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend was Tuesday, June 24th. Vail Resorts's dividend payout ratio is currently 113.55%.

Insiders Place Their Bets

In related news, CFO Angela A. Korch purchased 200 shares of the stock in a transaction on Friday, June 20th. The shares were purchased at an average cost of $157.00 per share, with a total value of $31,400.00. Following the acquisition, the chief financial officer directly owned 3,156 shares in the company, valued at $495,492. The trade was 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. 1.20% of the stock is currently owned by corporate insiders.

Vail Resorts Company 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.