Vail Resorts, Inc. $MTN Holdings Lifted by Bamco Inc. NY

Key Points

• Bamco Inc. NY boosted its stake in Vail Resorts by 4.1% in Q3 to 5,702,692 shares — about 15.89% ownership valued at roughly $852.95 million, making MTN its ninth-largest holding.
• Vail missed the quarter (EPS $5.87 vs. $6.06 expected; revenue $1.08B vs. $1.11B) as a warm winter and weak snowfall hurt demand and margins, prompting multiple analyst cuts and a MarketBeat consensus rating of Hold with a $165 target.
• The company declared a quarterly dividend of $2.22 (annualized $8.88), implying a 6.8% yield

Bamco Inc. NY boosted its holdings in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 4.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,702,692 shares of the company's stock after buying an additional 227,143 shares during the period. Vail Resorts makes up about 2.3% of Bamco Inc. NY's holdings, making the stock its 9th biggest position. Bamco Inc. NY owned approximately 15.89% of Vail Resorts worth $852,952,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of MTN. Goldman Sachs Group Inc. boosted its position in Vail Resorts by 2.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 121,123 shares of the company's stock worth $19,382,000 after acquiring an additional 3,440 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Vail Resorts by 1.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,235 shares of the company's stock valued at $23,721,000 after purchasing an additional 2,824 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Vail Resorts by 196.8% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 187 shares of the company's stock worth $29,000 after purchasing an additional 124 shares in the last quarter. Allworth Financial LP lifted its position in shares of Vail Resorts by 19.5% in the second quarter. Allworth Financial LP now owns 717 shares of the company's stock worth $113,000 after purchasing an additional 117 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Vail Resorts by 3.4% during the second quarter. PNC Financial Services Group Inc. now owns 2,896 shares of the company's stock worth $455,000 after purchasing an additional 94 shares during the period. 94.90% of the stock is owned by hedge funds and other institutional investors.

Vail Resorts News Roundup

Here are the key news stories impacting Vail Resorts this week:

• Positive Sentiment: Some analyst targets still imply upside versus the current price — JPMorgan trimmed its price target but it remains above the current market level, suggesting there is still potential upside if conditions normalize. JPMorgan Lowers Vail Resorts Price Target
• Neutral Sentiment: Wells Fargo initiated coverage with an equal-weight rating; initiation brings more analyst attention but the equal-weight stance is not a buy signal. Wells Fargo Coverage Initiated at Vail Resorts
• Neutral Sentiment: Market commentary highlights that a warm winter hurt Vail’s results and investor sentiment is mixed—broader market resilience may limit downside but weather-driven volatility remains a key risk. Warm winter hit Vail's earnings
• Negative Sentiment: Operational results: weak snowfall and softer winter demand were cited as drivers of a disappointing quarter, directly weighing on revenue and margins. That weather-related miss is the clearest near-term earnings risk. Weak snowfall hits quarterly results
• Negative Sentiment: Multiple brokers cut expectations or issued pessimistic notes (Barclays, Stifel Nicolaus, Truist), amplifying downside pressure by lowering analyst appetite and reducing implied targets. Barclays Lowers Expectations Stifel Nicolaus Forecast Truist Forecast
• Negative Sentiment: Morgan Stanley lowered its price target (from $151 to $147) and holds an equal-weight rating — another signal of tepid conviction that can reduce buying interest. Morgan Stanley Lowers Price Target

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Truist Financial lowered their price objective on shares of Vail Resorts from $234.00 to $217.00 and set a "buy" rating on the stock in a research report on Tuesday, March 10th. Zacks Research raised shares of Vail Resorts from a "strong sell" rating to a "hold" rating in a research note on Thursday, December 11th. Barclays lowered their price target on shares of Vail Resorts from $140.00 to $138.00 and set an "underweight" rating on the stock in a report on Tuesday, March 10th. Wells Fargo & Company assumed coverage on shares of Vail Resorts in a research note on Wednesday. They issued an "equal weight" rating and a $135.00 price target on the stock. Finally, Morgan Stanley cut their price objective on Vail Resorts from $151.00 to $147.00 and set an "equal weight" rating for the company in a report on Thursday. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $165.00.

Vail Resorts Price Performance

Shares of MTN opened at $131.54 on Friday. The company has a debt-to-equity ratio of 4.43, a quick ratio of 0.46 and a current ratio of 0.62. The firm has a market cap of $4.71 billion, a PE ratio of 21.46, a PEG ratio of 8.63 and a beta of 0.78. The firm's 50 day moving average price is $137.64 and its 200 day moving average price is $144.42. Vail Resorts, Inc. has a twelve month low of $126.15 and a twelve month high of $175.51.

Vail Resorts (NYSE:MTN - Get Free Report) last posted its earnings results on Monday, March 9th. The company reported $5.87 EPS for the quarter, missing the consensus estimate of $6.06 by ($0.19). Vail Resorts had a return on equity of 29.72% and a net margin of 7.89%.The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the firm earned $6.56 earnings per share. The business's revenue was down 4.7% on a year-over-year basis. As a group, research analysts expect that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Thursday, March 26th will be issued a $2.22 dividend. The ex-dividend date is Thursday, March 26th. This represents a $8.88 dividend on an annualized basis and a yield of 6.8%. Vail Resorts's dividend payout ratio is currently 144.86%.

Vail Resorts Profile

Vail Resorts, Inc is a leading mountain resort company that owns and operates an integrated network of ski areas, hotels, restaurants and retail outlets. The company's signature Epic Pass program offers skiers and snowboarders season‐long access to its portfolio of resorts, while ancillary services such as ski and snowboard schools, equipment rental and retail drive additional revenue.

Headquartered in Broomfield, Colorado, Vail Resorts was formed in 1997, building on the legacy of Vail Associates, which opened the Vail ski area in 1962.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.