MSA Advisors LLC Grows Position in Vail Resorts, Inc. $MTN

MSA Advisors LLC raised its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 31.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 60,600 shares of the company’s stock after purchasing an additional 14,600 shares during the quarter. Vail Resorts comprises about 2.0% of MSA Advisors LLC’s holdings, making the stock its 12th biggest position. MSA Advisors LLC’s holdings in Vail Resorts were worth $8,048,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of MTN. Goldman Sachs Group Inc. grew its holdings in shares of Vail Resorts by 2.9% during the first quarter. Goldman Sachs Group Inc. now owns 121,123 shares of the company’s stock worth $19,382,000 after buying an additional 3,440 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Vail Resorts by 1.9% during the first 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 buying an additional 2,824 shares in the last quarter. Prudential Financial Inc. grew its holdings in shares of Vail Resorts by 24.1% during the second quarter. Prudential Financial Inc. now owns 3,086 shares of the company’s stock worth $525,000 after buying an additional 600 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Vail Resorts by 815.8% during the second quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock worth $27,000 after buying an additional 155 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of Vail Resorts during the second quarter worth $2,119,000. Hedge funds and other institutional investors own 94.90% of the company’s stock.

Vail Resorts Trading Up 1.7%

Shares of MTN opened at $136.73 on Wednesday. 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 $172.00. The firm has a 50-day moving average price of $128.88 and a 200 day moving average price of $135.15. The firm has a market capitalization of $4.87 billion, a P/E ratio of 31.07, a P/E/G ratio of 12.45 and a beta of 0.72.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings data on Monday, June 8th. The company reported $8.81 earnings per share (EPS) 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 firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the prior year, the company posted $10.54 EPS. The company’s revenue for the quarter was down 7.0% compared to the same quarter last year. Sell-side analysts forecast that Vail Resorts, Inc. will post 4.37 EPS for the current year.

Vail Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th will be given a $2.22 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $8.88 dividend on an annualized basis and a yield of 6.5%. Vail Resorts’s dividend payout ratio is presently 201.82%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on MTN shares. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Vail Resorts from $143.00 to $134.00 and set a “hold” rating for the company in a report on Tuesday, June 9th. BNP Paribas Exane reissued an “outperform” rating on shares of Vail Resorts in a report on Tuesday, March 10th. Truist Financial dropped their price objective on shares of Vail Resorts from $212.00 to $195.00 and set a “buy” rating for the company in a report on Tuesday, June 9th. UBS Group reissued a “neutral” rating on shares of Vail Resorts in a report on Tuesday, June 9th. Finally, Mizuho set a $174.00 price objective on shares of Vail Resorts in a report on Tuesday, June 9th. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Vail Resorts presently has a consensus rating of “Hold” and an average price target of $151.45.

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.