Annis Gardner Whiting Capital Advisors LLC Invests $1 Million in Vail Resorts, Inc. $MTN

Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Vail Resorts, Inc. (NYSE:MTN) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,700 shares of the company’s stock, valued at approximately $1,002,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. NBT Bank N A NY lifted its stake in shares of Vail Resorts by 450.0% in the third quarter. NBT Bank N A NY now owns 176 shares of the company’s stock worth $26,000 after buying an additional 144 shares in the last quarter. EverSource Wealth Advisors LLC increased 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 acquiring an additional 155 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Vail Resorts by 196.8% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 187 shares of the company’s stock worth $29,000 after acquiring an additional 124 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Vail Resorts by 676.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 194 shares of the company’s stock valued at $30,000 after acquiring an additional 169 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in Vail Resorts by 222.7% during the 2nd quarter. Parkside Financial Bank & Trust now owns 213 shares of the company’s stock valued at $33,000 after purchasing an additional 147 shares during the last quarter. 94.90% of the stock is currently owned by institutional investors.

Vail Resorts Stock Down 0.4%

Vail Resorts stock opened at $132.94 on Thursday. Vail Resorts, Inc. has a one year low of $129.41 and a one year high of $175.51. The stock has a fifty day moving average of $141.48 and a 200 day moving average of $148.54. The company has a debt-to-equity ratio of 5.52, a quick ratio of 0.46 and a current ratio of 0.54. The stock has a market cap of $4.76 billion, a PE ratio of 19.49, a price-to-earnings-growth ratio of 8.10 and a beta of 0.81.

Vail Resorts (NYSE:MTN) last released its quarterly earnings results on Wednesday, December 10th. The company reported ($5.20) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($5.23) by $0.03. Vail Resorts had a return on equity of 32.51% and a net margin of 8.94%.The business had revenue of $271.03 million during the quarter, compared to the consensus estimate of $273.35 million. During the same period in the previous year, the company posted ($4.61) EPS. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. As a group, sell-side 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 Monday, January 12th. Stockholders of record on Tuesday, December 30th were paid a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 6.7%. The ex-dividend date was Tuesday, December 30th. Vail Resorts’s dividend payout ratio (DPR) is currently 130.21%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on MTN shares. Jefferies Financial Group raised Vail Resorts from a “hold” rating to a “buy” rating and lifted their target price for the stock from $159.00 to $165.00 in a report on Tuesday, January 13th. JPMorgan Chase & Co. lifted their price objective on Vail Resorts from $168.00 to $172.00 and gave the stock a “neutral” rating in a report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $156.00 target price on shares of Vail Resorts in a research report on Wednesday, January 14th. Morgan Stanley set a $150.00 target price on shares of Vail Resorts in a research note on Friday, January 16th. Finally, Wall Street Zen lowered shares of Vail Resorts from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. Four research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $173.73.

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.