25,551 Shares in Vail Resorts, Inc. $MTN Purchased by Heartland Advisors Inc.

Heartland Advisors Inc. acquired a new stake in shares of Vail Resorts, Inc. (NYSE:MTN) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 25,551 shares of the company’s stock, valued at approximately $3,479,000. Heartland Advisors Inc. owned approximately 0.07% of Vail Resorts at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. BOKF NA grew its position in shares of Vail Resorts by 833.3% in the third quarter. BOKF NA now owns 168 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Vail Resorts by 815.8% in the second quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock valued at $27,000 after purchasing an additional 155 shares during the last quarter. Danske Bank A S purchased a new position in Vail Resorts during the third quarter worth approximately $30,000. Golden State Wealth Management LLC lifted its position in Vail Resorts by 83.3% during the fourth quarter. Golden State Wealth Management LLC now owns 220 shares of the company’s stock worth $29,000 after buying an additional 100 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its stake in Vail Resorts by 1,585.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 236 shares of the company’s stock worth $31,000 after buying an additional 222 shares during the last quarter. Institutional investors and hedge funds own 94.90% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on MTN shares. Stifel Nicolaus dropped their target price on Vail Resorts from $172.00 to $167.00 and set a “buy” rating for the company in a report on Tuesday, June 9th. Weiss Ratings reissued a “sell (d+)” rating on shares of Vail Resorts in a research report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft dropped their price objective 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. The Goldman Sachs Group assumed coverage on shares of Vail Resorts in a research report on Thursday, August 13th. They set a “sell” rating and a $132.00 price objective for the company. Finally, UBS Group reiterated a “neutral” rating on shares of Vail Resorts in a report on Tuesday, June 9th. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $149.83.

Vail Resorts Stock Up 1.8%

Shares of NYSE:MTN opened at $152.93 on Friday. The company has a market capitalization of $5.45 billion, a price-to-earnings ratio of 34.76, a PEG ratio of 10.08 and a beta of 0.70. Vail Resorts, Inc. has a 12-month low of $118.51 and a 12-month high of $165.50. The business has a 50-day moving average price of $145.64 and a 200 day moving average price of $136.73. 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 (NYSE:MTN) last posted its earnings results on Monday, June 8th. The company reported $8.81 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 company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period in the previous year, the company earned $10.54 EPS. The company’s quarterly revenue was down 7.0% compared to the same quarter last year. Sell-side analysts expect that Vail Resorts, Inc. will post 4.32 EPS for the current year.

Vail Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 25th were given a dividend of $2.22 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.8%. Vail Resorts’s dividend payout ratio (DPR) is presently 201.82%.

About Vail Resorts

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.