11,121 Shares in Vail Resorts, Inc. $MTN Purchased by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC purchased a new position in Vail Resorts, Inc. (NYSE:MTN) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 11,121 shares of the company’s stock, valued at approximately $1,514,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MTN. BOKF NA grew its holdings in Vail Resorts by 833.3% during the 3rd quarter. BOKF NA now owns 168 shares of the company’s stock valued at $25,000 after buying an additional 150 shares in the last quarter. EverSource Wealth Advisors LLC lifted 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 worth $27,000 after buying an additional 155 shares in the last quarter. Golden State Wealth Management LLC boosted its position in shares of 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 acquiring an additional 100 shares during the last quarter. Danske Bank A S bought a new position in shares of Vail Resorts during the third quarter worth $30,000. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of 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 acquiring an additional 222 shares during the last quarter. 94.90% of the stock is currently owned by institutional investors.

Vail Resorts Trading Down 1.4%

Shares of NYSE MTN opened at $146.26 on Tuesday. The business’s 50 day moving average is $144.26 and its two-hundred day moving average is $136.22. 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 1-year low of $118.51 and a 1-year high of $165.50. The stock has a market capitalization of $5.21 billion, a P/E ratio of 33.24, a PEG ratio of 9.78 and a beta of 0.70.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Monday, June 8th. The company reported $8.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $8.97 by ($0.16). The company had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Vail Resorts had a net margin of 5.38% and a return on equity of 21.88%. The company’s revenue for the quarter was down 7.0% on a year-over-year basis. During the same quarter last year, the company earned $10.54 earnings per share. As a group, research analysts expect that Vail Resorts, Inc. will post 4.32 EPS for the current year.

Vail Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, June 25th were issued a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a yield of 6.1%. The ex-dividend date was Thursday, June 25th. Vail Resorts’s dividend payout ratio is presently 201.82%.

Wall Street Analysts Forecast Growth

MTN has been the topic of a number of research reports. Barclays reduced their price target 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. Mizuho set a $174.00 price objective on Vail Resorts in a research report on Tuesday, June 9th. The Goldman Sachs Group began coverage on Vail Resorts in a report on Thursday. They issued a “sell” rating and a $132.00 target price on the stock. Zacks Research upgraded Vail Resorts from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Vail Resorts from $143.00 to $134.00 and set a “hold” rating on the stock in a research report on Tuesday, June 9th. Five investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $149.83.

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.