Texas Yale Capital Corp. Acquires 5,025 Shares of Vail Resorts, Inc. $MTN

Texas Yale Capital Corp. boosted its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 345.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,480 shares of the company’s stock after purchasing an additional 5,025 shares during the quarter. Texas Yale Capital Corp.’s holdings in Vail Resorts were worth $969,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. NBT Bank N A NY lifted its holdings in shares of Vail Resorts by 450.0% in the 3rd quarter. NBT Bank N A NY now owns 176 shares of the company’s stock valued at $26,000 after acquiring an additional 144 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in 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 acquiring an additional 155 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Vail Resorts by 196.8% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 187 shares of the company’s stock valued at $29,000 after purchasing an additional 124 shares during the period. Parkside Financial Bank & Trust lifted its stake in shares of Vail Resorts by 222.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 213 shares of the company’s stock valued at $33,000 after purchasing an additional 147 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of Vail Resorts in the 2nd quarter worth approximately $33,000. 94.90% of the stock is currently owned by institutional investors.

Vail Resorts Trading Down 1.8%

MTN stock opened at $134.49 on Tuesday. Vail Resorts, Inc. has a 12 month low of $126.15 and a 12 month high of $175.51. The firm’s 50-day moving average is $140.45 and its 200 day moving average is $146.37. The company has a market capitalization of $4.81 billion, a PE ratio of 19.72, a P/E/G ratio of 8.15 and a beta of 0.81. The company has a debt-to-equity ratio of 5.52, a current ratio of 0.54 and a quick ratio of 0.46.

Vail Resorts (NYSE:MTN) last issued its earnings results on Wednesday, December 10th. The company reported ($5.20) EPS for the quarter, topping analysts’ consensus estimates of ($5.23) by $0.03. The business had revenue of $271.03 million for the quarter, compared to the consensus estimate of $273.35 million. Vail Resorts had a net margin of 8.94% and a return on equity of 32.51%. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm earned ($4.61) EPS. On average, research analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Tuesday, December 30th were issued a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a yield of 6.6%. The ex-dividend date was Tuesday, December 30th. Vail Resorts’s dividend payout ratio (DPR) is presently 130.21%.

Analyst Ratings Changes

MTN has been the topic of several recent research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Vail Resorts in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $156.00 price objective on shares of Vail Resorts in a research report on Wednesday, January 14th. Zacks Research upgraded shares of Vail Resorts from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th. UBS Group reaffirmed a “neutral” rating and set a $169.00 price target on shares of Vail Resorts in a research note on Friday, January 16th. Finally, Barclays set a $140.00 price objective on shares of Vail Resorts in a research report on Wednesday, February 4th. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $173.27.

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.