6,450 Shares in Vail Resorts, Inc. $MTN Purchased by First Dallas Securities Inc.

First Dallas Securities Inc. acquired a new position in Vail Resorts, Inc. (NYSE:MTN) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,450 shares of the company’s stock, valued at approximately $828,000.

Several other large investors have also bought and sold shares of MTN. BOKF NA raised its position in shares of Vail Resorts by 833.3% in the 3rd quarter. BOKF NA now owns 168 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in 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 purchasing an additional 155 shares during the period. Golden State Wealth Management LLC grew its stake in Vail Resorts by 83.3% in the fourth quarter. Golden State Wealth Management LLC now owns 220 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the period. Danske Bank A S bought a new position in Vail Resorts in the third quarter worth $30,000. Finally, Caitong International Asset Management Co. Ltd raised its holdings in Vail Resorts by 1,585.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 236 shares of the company’s stock worth $31,000 after purchasing an additional 222 shares in the last quarter. 94.90% of the stock is owned by institutional investors.

Vail Resorts Stock Down 0.1%

Shares of NYSE:MTN opened at $140.57 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.79 and a debt-to-equity ratio of 3.22. The stock has a fifty day simple moving average of $131.19 and a two-hundred day simple moving average of $134.74. Vail Resorts, Inc. has a 12-month low of $118.51 and a 12-month high of $172.00. The stock has a market capitalization of $5.01 billion, a price-to-earnings ratio of 31.95, a PEG ratio of 13.20 and a beta of 0.71.

Vail Resorts (NYSE:MTN) last released its earnings results on Monday, June 8th. The company reported $8.81 EPS for the quarter, missing analysts’ consensus estimates of $8.97 by ($0.16). Vail Resorts had a return on equity of 21.88% and a net margin of 5.38%.The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the prior year, the company posted $10.54 earnings per share. The company’s revenue was down 7.0% on a year-over-year basis. On average, research analysts anticipate that Vail Resorts, Inc. will post 4.31 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 25th will be given a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Thursday, June 25th. Vail Resorts’s dividend payout ratio is 201.82%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Weiss Ratings cut shares of Vail Resorts from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 9th. UBS Group reiterated a “neutral” rating on shares of Vail Resorts in a research note on Tuesday, June 9th. Morgan Stanley decreased their price target on shares of Vail Resorts from $151.00 to $147.00 and set an “equal weight” rating for the company in a research note on Thursday, March 12th. Barclays lowered their price target on shares of Vail Resorts from $138.00 to $119.00 and set an “underweight” rating for the company in a research report on Tuesday, June 9th. Finally, Truist Financial cut their price objective on shares of Vail Resorts from $212.00 to $195.00 and set a “buy” rating on the stock in a report on Tuesday, June 9th. Five investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Vail Resorts presently has an average rating of “Hold” and a consensus target price of $151.45.

About Vail Resorts

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.