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

B. Metzler seel. Sohn & Co. AG boosted its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 57.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,405 shares of the company’s stock after purchasing an additional 3,797 shares during the period. 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 hedge funds also recently made changes to their positions in the stock. Norges Bank acquired a new stake in shares of Vail Resorts during the 4th quarter worth $80,669,000. Wealthfront Advisers LLC purchased a new stake in Vail Resorts during the fourth quarter valued at about $42,532,000. Point72 Asset Management L.P. acquired a new stake in Vail Resorts during the third quarter worth about $35,264,000. FMR LLC raised its holdings in shares of Vail Resorts by 1,080.8% in the 3rd quarter. FMR LLC now owns 207,809 shares of the company’s stock worth $36,219,000 after purchasing an additional 190,210 shares during the period. Finally, DnB Asset Management AS purchased a new position in shares of Vail Resorts in the 4th quarter worth about $33,286,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Vail Resorts Stock Up 2.9 %

Shares of NYSE MTN 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. Vail Resorts, Inc. has a 1 year low of $151.99 and a 1 year high of $233.57. The stock’s 50-day simple moving average is $162.65 and its 200-day simple moving average is $173.74. The firm has a market cap of $6.07 billion, a price-to-earnings ratio of 27.00, a PEG ratio of 1.93 and a beta of 1.12.

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

Vail Resorts Dividend Announcement

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

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

MTN has been the subject of a number of research analyst reports. Morgan Stanley dropped their target price on shares of Vail Resorts from $197.00 to $178.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 11th. StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. JPMorgan Chase & Co. lifted their target price on shares of Vail Resorts from $166.00 to $167.00 and gave the company an “underweight” rating in a report on Tuesday, March 11th. Mizuho lowered their price target on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating for the company in a report on Tuesday, March 11th. Finally, Macquarie reduced their price objective on Vail Resorts from $195.00 to $185.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 12th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Vail Resorts has a consensus rating of “Hold” and an average target price of $193.56.

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.