PYA Waltman Capital LLC Has $4.24 Million Holdings in Vail Resorts, Inc. $MTN

PYA Waltman Capital LLC lessened its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 29.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 31,956 shares of the company’s stock after selling 13,248 shares during the quarter. Vail Resorts accounts for approximately 1.1% of PYA Waltman Capital LLC’s holdings, making the stock its 19th largest holding. PYA Waltman Capital LLC owned 0.09% of Vail Resorts worth $4,244,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Goldman Sachs Group Inc. boosted its stake in Vail Resorts by 2.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 121,123 shares of the company’s stock worth $19,382,000 after purchasing an additional 3,440 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in 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 worth $23,721,000 after purchasing an additional 2,824 shares during the period. Prudential Financial Inc. boosted its stake in Vail Resorts by 24.1% in the 2nd quarter. Prudential Financial Inc. now owns 3,086 shares of the company’s stock worth $525,000 after purchasing an additional 600 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Vail Resorts by 815.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock worth $27,000 after purchasing an additional 155 shares during the period. Finally, Marshall Wace LLP acquired a new position in Vail Resorts in the 2nd quarter worth $2,119,000. Institutional investors and hedge funds own 94.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Morgan Stanley reduced their target price on shares of Vail Resorts from $151.00 to $147.00 and set an “equal weight” rating for the company in a research note on Thursday, March 12th. JPMorgan Chase & Co. upped their target price on shares of Vail Resorts from $124.00 to $126.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 9th. Stifel Nicolaus reduced their target price on shares of Vail Resorts from $172.00 to $167.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. BNP Paribas Exane reaffirmed an “outperform” rating on shares of Vail Resorts in a research note on Tuesday, March 10th. Finally, Deutsche Bank Aktiengesellschaft reduced 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. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $151.45.

Vail Resorts Trading Up 0.1%

Vail Resorts stock opened at $133.48 on Monday. The firm has a 50-day moving average of $128.70 and a 200-day moving average of $135.20. Vail Resorts, Inc. has a one year low of $118.51 and a one year high of $172.00. The company has a debt-to-equity ratio of 3.22, a current ratio of 0.91 and a quick ratio of 0.79. The company has a market cap of $4.76 billion, a price-to-earnings ratio of 30.34, a P/E/G ratio of 12.35 and a beta of 0.72.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings data on Monday, June 8th. The company reported $8.81 EPS 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 for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the prior year, the company earned $10.54 earnings per share. The company’s quarterly revenue was down 7.0% on a year-over-year basis. On average, equities analysts expect that Vail Resorts, Inc. will post 4.37 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 25th will be paid a $2.22 dividend. This represents a $8.88 annualized dividend and a yield of 6.7%. The ex-dividend date is Thursday, June 25th. Vail Resorts’s dividend payout ratio (DPR) is 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.