B. Metzler seel. Sohn & Co. Holding AG Acquires New Shares in Vail Resorts, Inc. (NYSE:MTN)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Vail Resorts, Inc. (NYSE:MTN) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 6,608 shares of the company’s stock, valued at approximately $1,152,000.

Other large investors have also made changes to their positions in the company. Signaturefd LLC increased its position in shares of Vail Resorts by 150.9% in the 2nd quarter. Signaturefd LLC now owns 138 shares of the company’s stock valued at $25,000 after buying an additional 83 shares in the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Vail Resorts in the 3rd quarter valued at $25,000. Capital Performance Advisors LLP bought a new stake in shares of Vail Resorts in the 3rd quarter valued at $25,000. Brown Brothers Harriman & Co. increased its position in shares of Vail Resorts by 318.8% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock valued at $36,000 after buying an additional 153 shares in the last quarter. Finally, UMB Bank n.a. increased its holdings in Vail Resorts by 123.5% during the 3rd quarter. UMB Bank n.a. now owns 219 shares of the company’s stock worth $38,000 after purchasing an additional 121 shares in the last quarter. Institutional investors own 94.94% of the company’s stock.

Vail Resorts Price Performance

Shares of NYSE MTN opened at $184.24 on Friday. The stock has a market capitalization of $6.91 billion, a price-to-earnings ratio of 30.55, a PEG ratio of 1.73 and a beta of 1.13. The business has a 50-day moving average of $175.50 and a 200-day moving average of $179.93. The company has a debt-to-equity ratio of 2.62, a current ratio of 0.82 and a quick ratio of 0.71. Vail Resorts, Inc. has a fifty-two week low of $165.00 and a fifty-two week high of $236.92.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings results on Thursday, September 26th. The company reported ($4.67) EPS for the quarter, missing analysts’ consensus estimates of ($4.28) by ($0.39). Vail Resorts had a return on equity of 20.76% and a net margin of 7.99%. The business had revenue of $265.39 million for the quarter, compared to the consensus estimate of $264.84 million. During the same quarter in the previous year, the business posted ($3.35) EPS. The company’s revenue for the quarter was down 1.6% on a year-over-year basis. As a group, sell-side analysts predict that Vail Resorts, Inc. will post 7.27 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Tuesday, October 8th were issued a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 4.82%. The ex-dividend date of this dividend was Tuesday, October 8th. Vail Resorts’s payout ratio is currently 147.26%.

Analysts Set New Price Targets

MTN has been the topic of several recent research reports. Macquarie reissued a “neutral” rating and issued a $180.00 price target on shares of Vail Resorts in a research note on Wednesday, October 2nd. Barclays dropped their price target on Vail Resorts from $161.00 to $155.00 and set an “underweight” rating on the stock in a research note on Friday, September 27th. UBS Group initiated coverage on Vail Resorts in a research note on Thursday, November 14th. They issued a “neutral” rating and a $185.00 price target on the stock. Deutsche Bank Aktiengesellschaft dropped their price target on Vail Resorts from $218.00 to $194.00 and set a “hold” rating on the stock in a research note on Monday, September 16th. Finally, Stifel Nicolaus dropped their price target on Vail Resorts from $223.00 to $216.00 and set a “buy” rating on the stock in a research note on Friday, September 27th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $205.90.

Insider Buying and Selling

In other Vail Resorts news, CFO Angela A. Korch purchased 165 shares of Vail Resorts stock in a transaction that occurred on Thursday, October 3rd. The stock was acquired at an average price of $173.09 per share, for a total transaction of $28,559.85. Following the completion of the acquisition, the chief financial officer now owns 2,187 shares of the company’s stock, valued at approximately $378,547.83. This trade represents a 8.16 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Robert A. Katz sold 9,296 shares of Vail Resorts stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $175.98, for a total value of $1,635,910.08. Following the transaction, the insider now owns 245,961 shares of the company’s stock, valued at $43,284,216.78. The trade was a 3.64 % decrease in their position. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by corporate insiders.

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.