Mutual of America Capital Management LLC Sells 862 Shares of Vail Resorts, Inc. $MTN

Mutual of America Capital Management LLC decreased its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 0.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 134,211 shares of the company’s stock after selling 862 shares during the period. Mutual of America Capital Management LLC’s holdings in Vail Resorts were worth $21,089,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. SouthState Corp bought a new position in shares of Vail Resorts during the first quarter valued at approximately $29,000. Farther Finance Advisors LLC raised its stake in Vail Resorts by 676.0% in the second quarter. Farther Finance Advisors LLC now owns 194 shares of the company’s stock worth $30,000 after buying an additional 169 shares in the last quarter. Signaturefd LLC lifted its holdings in Vail Resorts by 217.6% during the second quarter. Signaturefd LLC now owns 216 shares of the company’s stock worth $34,000 after buying an additional 148 shares during the period. Golden State Wealth Management LLC boosted its position in Vail Resorts by 102.5% during the 1st quarter. Golden State Wealth Management LLC now owns 243 shares of the company’s stock valued at $39,000 after acquiring an additional 123 shares in the last quarter. Finally, Alpine Bank Wealth Management bought a new stake in Vail Resorts during the 1st quarter valued at $40,000. Hedge funds and other institutional investors own 94.90% of the company’s stock.

Wall Street Analyst Weigh In

MTN has been the subject of several recent research reports. Weiss Ratings lowered Vail Resorts from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft cut their target price on Vail Resorts from $170.00 to $165.00 and set a “hold” rating on the stock in a research note on Wednesday, September 17th. Wall Street Zen downgraded shares of Vail Resorts from a “hold” rating to a “sell” rating in a report on Friday, October 3rd. Morgan Stanley lowered their price target on shares of Vail Resorts from $155.00 to $146.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 1st. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $175.00 price objective (down previously from $180.00) on shares of Vail Resorts in a research report on Tuesday, September 30th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $174.90.

Insider Buying and Selling at Vail Resorts

In other news, CFO Angela A. Korch bought 210 shares of the business’s stock in a transaction that occurred on Tuesday, October 7th. The shares were purchased at an average cost of $155.00 per share, with a total value of $32,550.00. Following the transaction, the chief financial officer directly owned 4,905 shares in the company, valued at approximately $760,275. The trade was a 4.47% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.20% of the stock is owned by company insiders.

Vail Resorts Trading Up 0.3%

Vail Resorts stock opened at $150.05 on Friday. The company has a debt-to-equity ratio of 3.44, a quick ratio of 0.56 and a current ratio of 0.63. The stock has a market cap of $5.38 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 2.52 and a beta of 0.86. The stock has a 50-day moving average of $152.98 and a two-hundred day moving average of $151.78. Vail Resorts, Inc. has a one year low of $129.85 and a one year high of $199.45.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings data on Monday, September 29th. The company reported ($5.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($4.75) by ($0.33). The company had revenue of $271.29 million for the quarter, compared to analyst estimates of $272.87 million. Vail Resorts had a net margin of 9.45% and a return on equity of 31.54%. The business’s revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the company earned ($4.67) EPS. On average, research analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 27th. Stockholders of record on Thursday, October 9th will be paid a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 5.9%. The ex-dividend date is Thursday, October 9th. Vail Resorts’s payout ratio is presently 119.84%.

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.