Mutual of America Capital Management LLC Acquires 79,183 Shares of Vail Resorts, Inc. (NYSE:MTN)

Mutual of America Capital Management LLC increased its holdings in Vail Resorts, Inc. (NYSE:MTN) by 146.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 133,082 shares of the company’s stock after acquiring an additional 79,183 shares during the period. Mutual of America Capital Management LLC owned about 0.36% of Vail Resorts worth $24,946,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Capital Performance Advisors LLP bought a new position in shares of Vail Resorts in the third quarter valued at approximately $25,000. Heck Capital Advisors LLC bought a new position in shares of Vail Resorts in the fourth quarter valued at approximately $33,000. Blue Trust Inc. grew its holdings in shares of Vail Resorts by 246.7% in the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock valued at $36,000 after acquiring an additional 148 shares in the last quarter. Eagle Bay Advisors LLC bought a new position in shares of Vail Resorts in the fourth quarter valued at approximately $40,000. Finally, Venturi Wealth Management LLC grew its holdings in shares of Vail Resorts by 165.3% in the third quarter. Venturi Wealth Management LLC now owns 321 shares of the company’s stock valued at $56,000 after acquiring an additional 200 shares in the last quarter. 94.94% of the stock is owned by institutional investors.

Vail Resorts Price Performance

Vail Resorts stock opened at $159.14 on Friday. Vail Resorts, Inc. has a one year low of $154.27 and a one year high of $235.81. The business has a fifty day moving average price of $172.98 and a 200-day moving average price of $176.84. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. The firm has a market capitalization of $5.96 billion, a P/E ratio of 26.44, a PEG ratio of 1.93 and a beta of 1.11.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping analysts’ consensus estimates of ($4.99) by $0.38. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The firm had revenue of $260.28 million during the quarter, compared to analyst estimates of $251.45 million. During the same period last year, the company earned ($4.60) earnings per share. The business’s revenue for the quarter was up .7% on a year-over-year basis. As a group, equities research analysts forecast that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were given a $2.22 dividend. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.58%. Vail Resorts’s dividend payout ratio (DPR) is presently 147.51%.

Analyst Ratings Changes

Several brokerages have weighed in on MTN. Barclays increased their price objective on Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a report on Tuesday, December 10th. Mizuho increased their price objective on Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. JPMorgan Chase & Co. reduced their price objective on Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a report on Friday, January 17th. Stifel Nicolaus increased their price objective on Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a report on Monday, December 9th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $204.50.

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.