Union Bancaire Privee UBP SA Makes New Investment in Vail Resorts, Inc. (NYSE:MTN)

Union Bancaire Privee UBP SA bought a new stake in Vail Resorts, Inc. (NYSE:MTN) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 19,600 shares of the company’s stock, valued at approximately $3,674,000. Union Bancaire Privee UBP SA owned approximately 0.05% of Vail Resorts as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Capital Performance Advisors LLP purchased a new position in shares of Vail Resorts in the 3rd quarter worth about $25,000. Heck Capital Advisors LLC bought a new stake in Vail Resorts in the fourth quarter worth about $33,000. Blue Trust Inc. boosted its stake in 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 during the last quarter. Eagle Bay Advisors LLC bought a new position in shares of Vail Resorts during the 4th quarter valued at approximately $40,000. Finally, UMB Bank n.a. increased its stake in shares of Vail Resorts by 37.9% during the 4th quarter. UMB Bank n.a. now owns 302 shares of the company’s stock worth $57,000 after purchasing an additional 83 shares during the last quarter. 94.94% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MTN has been the topic of several research analyst reports. Stifel Nicolaus upped their price objective on Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. JPMorgan Chase & Co. dropped their price objective on Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a research note on Friday, January 17th. Morgan Stanley restated an “equal weight” rating and set a $197.00 price objective on shares of Vail Resorts in a research report on Monday, December 23rd. StockNews.com upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Finally, Mizuho boosted their target price on Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $204.50.

Vail Resorts Stock Performance

Shares of NYSE:MTN opened at $158.36 on Friday. The firm has a market cap of $5.93 billion, a PE ratio of 26.31, a price-to-earnings-growth ratio of 1.93 and a beta of 1.11. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63. Vail Resorts, Inc. has a one year low of $156.60 and a one year high of $236.92. The firm’s 50 day simple moving average is $175.83 and its 200-day simple moving average is $177.33.

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

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were paid a $2.22 dividend. The ex-dividend date was Thursday, December 26th. This represents a $8.88 annualized dividend and a dividend yield of 5.61%. Vail Resorts’s dividend payout ratio is presently 147.51%.

Vail Resorts 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.