RBF Capital LLC Has $1.26 Million Stock Holdings in Vail Resorts, Inc. $MTN

RBF Capital LLC raised its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 300.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 8,000 shares of the company’s stock after purchasing an additional 6,000 shares during the quarter. RBF Capital LLC’s holdings in Vail Resorts were worth $1,257,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. EverSource Wealth Advisors LLC grew its stake 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 worth $27,000 after purchasing an additional 155 shares during the period. SouthState Corp bought a new position in Vail Resorts during the first quarter worth about $29,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Vail Resorts by 196.8% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 187 shares of the company’s stock worth $29,000 after buying an additional 124 shares during the period. Farther Finance Advisors LLC grew its position in shares of Vail Resorts by 676.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 194 shares of the company’s stock worth $30,000 after buying an additional 169 shares during the period. Finally, Parkside Financial Bank & Trust increased its stake in shares of Vail Resorts by 222.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 213 shares of the company’s stock valued at $33,000 after acquiring an additional 147 shares during the last quarter. 94.90% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Vail Resorts news, CFO Angela A. Korch purchased 210 shares of the stock in a transaction on Tuesday, October 7th. The shares were purchased at an average cost of $155.00 per share, for a total transaction of $32,550.00. Following the purchase, the chief financial officer owned 4,905 shares of the company’s stock, valued at approximately $760,275. This represents a 4.47% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Zacks Research cut shares of Vail Resorts from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 1st. Barclays dropped their price objective on Vail Resorts from $152.00 to $145.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 30th. Morgan Stanley boosted their target price on Vail Resorts from $146.00 to $153.00 and gave the company an “equal weight” rating in a research note on Monday, October 27th. Wall Street Zen downgraded Vail Resorts from a “hold” rating to a “sell” rating in a report on Friday, October 3rd. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $175.00 price objective (down previously from $180.00) on shares of Vail Resorts in a report on Tuesday, September 30th. Three research 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’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $175.30.

Vail Resorts Stock Up 0.9%

MTN stock opened at $145.23 on Wednesday. The company has a debt-to-equity ratio of 3.44, a current ratio of 0.63 and a quick ratio of 0.56. The stock has a market capitalization of $5.21 billion, a P/E ratio of 19.60, a P/E/G ratio of 2.43 and a beta of 0.81. Vail Resorts, Inc. has a fifty-two week low of $129.85 and a fifty-two week high of $199.45. The business has a 50-day moving average of $146.94 and a 200-day moving average of $152.55.

Vail Resorts (NYSE:MTN) last released its earnings results on Monday, September 29th. The company reported ($5.08) EPS for the quarter, missing the consensus estimate of ($4.75) by ($0.33). The firm had revenue of $271.29 million during the quarter, compared to the consensus estimate of $272.87 million. Vail Resorts had a net margin of 9.45% and a return on equity of 31.54%. The company’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($4.67) EPS. On average, sell-side analysts anticipate that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 27th. Investors of record on Thursday, October 9th were issued a dividend of $2.22 per share. The ex-dividend date was Thursday, October 9th. This represents a $8.88 annualized dividend and a yield of 6.1%. Vail Resorts’s dividend payout ratio is presently 119.84%.

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.