6,450 Shares in Vail Resorts, Inc. $MTN Acquired by First Dallas Securities Inc.

First Dallas Securities Inc. acquired a new stake in Vail Resorts, Inc. (NYSE:MTN) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 6,450 shares of the company’s stock, valued at approximately $828,000.

Other institutional investors and hedge funds have also modified their holdings of the company. BOKF NA lifted its holdings in shares of Vail Resorts by 833.3% during 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 boosted its position in shares of Vail Resorts by 815.8% during the second quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock valued at $27,000 after buying an additional 155 shares during the last quarter. Golden State Wealth Management LLC increased its holdings in 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 buying an additional 100 shares in the last quarter. Danske Bank A S bought a new stake in Vail Resorts in the 3rd quarter worth about $30,000. Finally, Caitong International Asset Management Co. Ltd increased its holdings in 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 buying an additional 222 shares in the last quarter. Institutional investors own 94.90% of the company’s stock.

Analysts Set New Price Targets

MTN has been the subject of a number of recent analyst reports. Wells Fargo & Company began coverage on Vail Resorts in a research report on Wednesday, March 11th. They issued an “equal weight” rating and a $135.00 target price for the company. JPMorgan Chase & Co. raised their price target on shares of Vail Resorts from $124.00 to $126.00 and gave the company a “neutral” rating in a report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Vail Resorts from $143.00 to $134.00 and set a “hold” rating for the company in a research note on Tuesday, June 9th. Mizuho set a $174.00 price objective on shares of Vail Resorts in a report on Tuesday, June 9th. Finally, Stifel Nicolaus lowered their price objective on shares of Vail Resorts from $172.00 to $167.00 and set a “buy” rating on the stock in a research report on Tuesday, June 9th. Five analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $151.45.

Vail Resorts Stock Performance

Shares of MTN opened at $140.57 on Friday. The company has a debt-to-equity ratio of 3.22, a current ratio of 0.91 and a quick ratio of 0.79. Vail Resorts, Inc. has a one year low of $118.51 and a one year high of $172.00. The firm has a market capitalization of $5.01 billion, a P/E ratio of 31.95, a PEG ratio of 13.20 and a beta of 0.71. The business has a fifty day moving average of $131.19 and a 200 day moving average of $134.74.

Vail Resorts (NYSE:MTN) last posted its earnings results on Monday, June 8th. The company reported $8.81 earnings per share for the quarter, missing analysts’ consensus estimates of $8.97 by ($0.16). The firm 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 was down 7.0% compared to the same quarter last year. During the same period in the prior year, the company posted $10.54 EPS. As a group, sell-side analysts anticipate that Vail Resorts, Inc. will post 4.31 EPS for the current year.

Vail Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 25th will be issued a $2.22 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 6.3%. 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.