Vail Resorts, Inc. $MTN Stock Holdings Increased by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC raised its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 5.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,793 shares of the company’s stock after acquiring an additional 6,509 shares during the period. Rice Hall James & Associates LLC owned approximately 0.33% of Vail Resorts worth $14,987,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. BOKF NA increased its holdings in shares of Vail Resorts by 833.3% during the third quarter. BOKF NA now owns 168 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares during the period. EverSource Wealth Advisors LLC lifted 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 purchasing an additional 155 shares during the period. Golden State Wealth Management LLC lifted its holdings in Vail Resorts by 83.3% in the fourth quarter. Golden State Wealth Management LLC now owns 220 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the period. Danske Bank A S bought a new position in Vail Resorts in the 3rd quarter valued at about $30,000. Finally, Caitong International Asset Management Co. Ltd grew its position in Vail Resorts by 1,585.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 236 shares of the company’s stock valued at $31,000 after buying an additional 222 shares in the last quarter. Institutional investors and hedge funds own 94.90% of the company’s stock.

Vail Resorts Price Performance

Shares of Vail Resorts stock opened at $145.92 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. The company’s 50-day moving average price is $138.19 and its two-hundred day moving average price is $135.01. Vail Resorts, Inc. has a 52 week low of $118.51 and a 52 week high of $165.50. The stock has a market cap of $5.20 billion, a PE ratio of 33.16, a price-to-earnings-growth ratio of 13.68 and a beta of 0.71.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results 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 net margin of 5.38% and a return on equity of 21.88%. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period in the previous year, the company posted $10.54 earnings per share. Vail Resorts’s revenue was down 7.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Vail Resorts, Inc. will post 4.31 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 25th were paid a dividend of $2.22 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $8.88 annualized dividend and a yield of 6.1%. Vail Resorts’s dividend payout ratio is currently 201.82%.

Wall Street Analyst Weigh In

MTN has been the topic of a number of recent analyst reports. UBS Group restated a “neutral” rating on shares of Vail Resorts in a research report on Tuesday, June 9th. Stifel Nicolaus decreased their price objective on shares of Vail Resorts from $172.00 to $167.00 and set a “buy” rating for the company in a report on Tuesday, June 9th. Truist Financial lowered their price objective on shares of Vail Resorts from $212.00 to $195.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Barclays dropped their target price on Vail Resorts from $138.00 to $119.00 and set an “underweight” rating on the stock in a report on Tuesday, June 9th. Finally, Zacks Research downgraded Vail Resorts from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 28th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $151.45.

Vail Resorts Company 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.