B. Metzler seel. Sohn & Co. AG Boosts Stock Position in Vail Resorts, Inc. (NYSE:MTN)

B. Metzler seel. Sohn & Co. AG raised its stake in Vail Resorts, Inc. (NYSE:MTN) by 57.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,405 shares of the company’s stock after purchasing an additional 3,797 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Vail Resorts were worth $1,950,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Norges Bank purchased a new position in Vail Resorts in the 4th quarter valued at $80,669,000. Wealthfront Advisers LLC acquired a new position in shares of Vail Resorts during the fourth quarter worth about $42,532,000. Point72 Asset Management L.P. acquired a new position in shares of Vail Resorts during the third quarter worth about $35,264,000. FMR LLC raised its holdings in Vail Resorts by 1,080.8% during the third quarter. FMR LLC now owns 207,809 shares of the company’s stock worth $36,219,000 after purchasing an additional 190,210 shares in the last quarter. Finally, DnB Asset Management AS purchased a new stake in Vail Resorts in the 4th quarter valued at approximately $33,286,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Insider Buying and Selling

In other Vail Resorts news, CFO Angela A. Korch purchased 185 shares of Vail Resorts stock in a transaction on Thursday, March 13th. The shares were bought at an average price of $160.00 per share, with a total value of $29,600.00. Following the purchase, the chief financial officer now directly owns 2,956 shares in the company, valued at $472,960. This trade represents a 6.68 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.20% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. StockNews.com raised Vail Resorts from a “sell” rating to a “hold” rating in a research note on Friday, December 13th. Barclays reissued an “underweight” rating and issued a $152.00 target price (down previously from $165.00) on shares of Vail Resorts in a report on Monday, March 10th. Macquarie lowered their price target on shares of Vail Resorts from $195.00 to $185.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 12th. JPMorgan Chase & Co. raised their price objective on shares of Vail Resorts from $166.00 to $167.00 and gave the company an “underweight” rating in a research note on Tuesday, March 11th. Finally, Stifel Nicolaus upped their target price on shares of Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, Vail Resorts currently has a consensus rating of “Hold” and an average price target of $193.56.

Vail Resorts Price Performance

MTN stock opened at $162.51 on Thursday. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63. The stock’s 50 day moving average price is $162.65 and its 200 day moving average price is $173.74. The firm has a market cap of $6.07 billion, a P/E ratio of 27.00, a PEG ratio of 1.93 and a beta of 1.12. Vail Resorts, Inc. has a 1 year low of $151.99 and a 1 year high of $233.57.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings data on Monday, March 10th. The company reported $6.56 EPS for the quarter, beating analysts’ consensus estimates of $6.29 by $0.27. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.14 billion. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $5.76 earnings per share. On average, sell-side analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be paid a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 5.46%. The ex-dividend date is Thursday, March 27th. Vail Resorts’s payout ratio is 130.21%.

Vail Resorts Company Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.