B. Metzler seel. Sohn & Co. Holding AG Makes New $1.15 Million Investment in Vail Resorts, Inc. (NYSE:MTN)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Vail Resorts, Inc. (NYSE:MTN) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,608 shares of the company’s stock, valued at approximately $1,152,000.

Several other hedge funds have also recently bought and sold shares of MTN. Fairbanks Capital Management Inc. grew its stake in shares of Vail Resorts by 2.5% during the second quarter. Fairbanks Capital Management Inc. now owns 2,563 shares of the company’s stock worth $462,000 after buying an additional 63 shares during the last quarter. Artemis Investment Management LLP grew its stake in shares of Vail Resorts by 4.6% during the second quarter. Artemis Investment Management LLP now owns 1,700 shares of the company’s stock worth $306,000 after buying an additional 75 shares during the last quarter. Advisors Asset Management Inc. grew its stake in shares of Vail Resorts by 8.5% during the first quarter. Advisors Asset Management Inc. now owns 993 shares of the company’s stock worth $221,000 after buying an additional 78 shares during the last quarter. Signaturefd LLC grew its stake in shares of Vail Resorts by 150.9% during the second quarter. Signaturefd LLC now owns 138 shares of the company’s stock worth $25,000 after buying an additional 83 shares during the last quarter. Finally, Fifth Third Bancorp grew its stake in shares of Vail Resorts by 20.9% during the second quarter. Fifth Third Bancorp now owns 486 shares of the company’s stock worth $88,000 after buying an additional 84 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Vail Resorts Price Performance

Shares of NYSE MTN opened at $184.24 on Friday. The firm’s 50-day moving average price is $175.50 and its 200-day moving average price is $179.93. Vail Resorts, Inc. has a 1-year low of $165.00 and a 1-year high of $236.92. The firm has a market capitalization of $6.91 billion, a P/E ratio of 30.55, a P/E/G ratio of 1.73 and a beta of 1.13. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 2.62.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings data on Thursday, September 26th. The company reported ($4.67) earnings per share for the quarter, missing the consensus estimate of ($4.28) by ($0.39). Vail Resorts had a net margin of 7.99% and a return on equity of 20.76%. The company had revenue of $265.39 million for the quarter, compared to analyst estimates of $264.84 million. During the same quarter in the prior year, the company posted ($3.35) EPS. Vail Resorts’s revenue for the quarter was down 1.6% on a year-over-year basis. Equities research analysts anticipate that Vail Resorts, Inc. will post 7.27 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Tuesday, October 8th were given a $2.22 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $8.88 annualized dividend and a yield of 4.82%. Vail Resorts’s payout ratio is 147.26%.

Insiders Place Their Bets

In other Vail Resorts news, Director John F. Sorte sold 1,670 shares of Vail Resorts stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $173.07, for a total transaction of $289,026.90. Following the transaction, the director now owns 45,111 shares of the company’s stock, valued at $7,807,360.77. This trade represents a 3.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert A. Katz sold 9,296 shares of Vail Resorts stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $175.98, for a total transaction of $1,635,910.08. Following the transaction, the insider now directly owns 245,961 shares in the company, valued at approximately $43,284,216.78. This represents a 3.64 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Barclays reduced their price objective on shares of Vail Resorts from $161.00 to $155.00 and set an “underweight” rating on the stock in a research note on Friday, September 27th. Morgan Stanley boosted their price objective on shares of Vail Resorts from $179.00 to $182.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 25th. Macquarie reaffirmed a “neutral” rating and set a $180.00 price target on shares of Vail Resorts in a research report on Wednesday, October 2nd. UBS Group started coverage on shares of Vail Resorts in a research report on Thursday, November 14th. They set a “neutral” rating and a $185.00 price target on the stock. Finally, StockNews.com cut shares of Vail Resorts from a “hold” rating to a “sell” rating in a research report on Tuesday, November 12th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $205.90.

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.