Green Alpha Advisors LLC Takes $738,000 Position in Vail Resorts, Inc. $MTN

Green Alpha Advisors LLC acquired a new position in Vail Resorts, Inc. (NYSE:MTN) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,422 shares of the company’s stock, valued at approximately $738,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. BOKF NA raised its stake in Vail Resorts by 833.3% in the third quarter. BOKF NA now owns 168 shares of the company’s stock valued at $25,000 after buying an additional 150 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Vail Resorts by 815.8% in the second quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock worth $27,000 after acquiring an additional 155 shares in the last quarter. Golden State Wealth Management LLC grew its stake in shares of Vail Resorts by 83.3% during the fourth quarter. Golden State Wealth Management LLC now owns 220 shares of the company’s stock worth $29,000 after acquiring an additional 100 shares during the last quarter. Danske Bank A S purchased a new stake in shares of Vail Resorts during the third quarter worth about $30,000. Finally, Caitong International Asset Management Co. Ltd increased its holdings in shares of Vail Resorts by 1,585.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 236 shares of the company’s stock valued at $31,000 after acquiring an additional 222 shares in the last quarter. 94.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Vail Resorts from $143.00 to $134.00 and set a “hold” rating for the company in a research note on Tuesday, June 9th. Barclays decreased their price target on shares of Vail Resorts from $138.00 to $119.00 and set an “underweight” rating for the company in a report on Tuesday, June 9th. The Goldman Sachs Group began coverage on shares of Vail Resorts in a research note on Thursday, August 13th. They set a “sell” rating and a $132.00 price objective for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Vail Resorts in a research report on Tuesday, July 7th. Finally, Mizuho set a $174.00 target price on Vail Resorts in a research note on Tuesday, June 9th. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $149.83.

Vail Resorts Stock Performance

Shares of NYSE MTN opened at $152.93 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.79 and a debt-to-equity ratio of 3.22. Vail Resorts, Inc. has a 12 month low of $118.51 and a 12 month high of $165.50. The company has a 50 day simple moving average of $145.64 and a two-hundred day simple moving average of $136.73. The stock has a market cap of $5.45 billion, a price-to-earnings ratio of 34.76, a PEG ratio of 9.91 and a beta of 0.70.

Vail Resorts (NYSE:MTN) last released its quarterly earnings data on Monday, June 8th. The company reported $8.81 earnings per share for the quarter, missing analysts’ consensus estimates of $8.97 by ($0.16). Vail Resorts had a return on equity of 21.88% and a net margin of 5.38%.The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the company earned $10.54 EPS. The firm’s revenue was down 7.0% compared to the same quarter last year. As a group, analysts predict that Vail Resorts, Inc. will post 4.32 earnings per share for the current year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th were issued a $2.22 dividend. This represents a $8.88 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend was Thursday, June 25th. Vail Resorts’s dividend payout ratio is presently 201.82%.

About Vail Resorts

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.