Epoch Investment Partners Inc. Purchases 47,332 Shares of Vail Resorts, Inc. $MTN

Epoch Investment Partners Inc. lifted its position in Vail Resorts, Inc. (NYSE:MTN) by 16.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 338,978 shares of the company’s stock after purchasing an additional 47,332 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Vail Resorts were worth $45,016,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in MTN. BOKF NA grew its holdings in shares of Vail Resorts by 833.3% in the 3rd quarter. BOKF NA now owns 168 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Vail Resorts by 815.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock worth $27,000 after purchasing an additional 155 shares during the last quarter. Golden State Wealth Management LLC grew its holdings in shares of Vail Resorts by 83.3% in the 4th quarter. Golden State Wealth Management LLC now owns 220 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the last quarter. Danske Bank A S bought a new stake in shares of Vail Resorts in the 3rd quarter worth about $30,000. Finally, Caitong International Asset Management Co. Ltd grew its holdings in shares of Vail Resorts by 1,585.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 236 shares of the company’s stock worth $31,000 after purchasing an additional 222 shares during the last quarter. Institutional investors own 94.90% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on MTN shares. JPMorgan Chase & Co. increased their price objective on shares of Vail Resorts from $124.00 to $126.00 and gave the stock a “neutral” rating in a report on Tuesday, June 9th. UBS Group reissued a “neutral” rating on shares of Vail Resorts in a report on Tuesday, June 9th. Morgan Stanley decreased their price objective on shares of Vail Resorts from $151.00 to $147.00 and set an “equal weight” rating on the stock in a report on Thursday, March 12th. Barclays decreased their price objective on shares of Vail Resorts from $138.00 to $119.00 and set an “underweight” rating on the stock in a report on Tuesday, June 9th. Finally, Truist Financial decreased their price objective on shares of Vail Resorts from $212.00 to $195.00 and set a “buy” rating on the stock in a report on Tuesday, June 9th. Five investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $151.45.

Vail Resorts Stock Up 0.1%

Shares of NYSE MTN opened at $133.48 on Monday. The firm has a market capitalization of $4.76 billion, a PE ratio of 30.34, a price-to-earnings-growth ratio of 12.35 and a beta of 0.72. 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, Inc. has a 1 year low of $118.51 and a 1 year high of $172.00. The firm’s 50-day moving average is $128.70 and its 200-day moving average is $135.20.

Vail Resorts (NYSE:MTN) last issued its earnings results on Monday, June 8th. The company reported $8.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.97 by ($0.16). The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.20 billion. Vail Resorts had a net margin of 5.38% and a return on equity of 21.88%. The firm’s revenue for the quarter was down 7.0% compared to the same quarter last year. During the same period last year, the business posted $10.54 EPS. Equities analysts expect that Vail Resorts, Inc. will post 4.37 EPS for the current year.

Vail Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 25th will be given a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date is Thursday, June 25th. Vail Resorts’s dividend payout ratio (DPR) is currently 201.82%.

Vail Resorts 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.