Vail Resorts, Inc. $MTN Shares Sold by Texas Yale Capital Corp.

Texas Yale Capital Corp. trimmed its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 73.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,710 shares of the company’s stock after selling 4,770 shares during the period. Texas Yale Capital Corp.’s holdings in Vail Resorts were worth $227,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in MTN. BOKF NA raised its stake in shares of Vail Resorts by 833.3% during the 3rd quarter. BOKF NA now owns 168 shares of the company’s stock worth $25,000 after buying an additional 150 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Vail Resorts by 815.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock worth $27,000 after buying an additional 155 shares during the period. Danske Bank A S acquired a new position in shares of Vail Resorts during the 3rd quarter worth approximately $30,000. International Assets Investment Management LLC acquired a new position in shares of Vail Resorts during the 4th quarter worth approximately $43,000. Finally, Employees Retirement System of Texas acquired a new position in shares of Vail Resorts during the 3rd quarter worth approximately $46,000. 94.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. BNP Paribas Exane reaffirmed an “outperform” rating on shares of Vail Resorts in a research note on Tuesday, March 10th. Zacks Research downgraded Vail Resorts from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 28th. UBS Group reduced their price objective on Vail Resorts from $169.00 to $139.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft reduced their price objective on Vail Resorts from $159.00 to $151.00 and set a “hold” rating for the company in a research note on Friday, March 6th. Finally, Barclays reduced their price objective on Vail Resorts from $140.00 to $138.00 and set an “underweight” rating for the company in a research note on Tuesday, March 10th. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $161.82.

Insider Buying and Selling

In related news, CEO Robert A. Katz purchased 37,500 shares of Vail Resorts stock in a transaction dated Monday, March 16th. The shares were acquired at an average cost of $131.81 per share, with a total value of $4,942,875.00. Following the purchase, the chief executive officer owned 285,312 shares of the company’s stock, valued at approximately $37,606,974.72. The trade was a 15.13% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Angela A. Korch purchased 190 shares of Vail Resorts stock in a transaction dated Monday, March 16th. The stock was bought at an average cost of $131.85 per share, for a total transaction of $25,051.50. Following the completion of the purchase, the chief financial officer directly owned 5,539 shares in the company, valued at approximately $730,317.15. This trade represents a 3.55% increase in their position. The SEC filing for this purchase provides additional information. 1.20% of the stock is currently owned by insiders.

Vail Resorts Stock Up 0.1%

NYSE MTN opened at $133.71 on Tuesday. Vail Resorts, Inc. has a 52 week low of $118.51 and a 52 week high of $172.00. The company has a quick ratio of 0.51, a current ratio of 0.62 and a debt-to-equity ratio of 4.43. The business’s fifty day simple moving average is $127.65 and its 200-day simple moving average is $135.64. The firm has a market cap of $4.76 billion, a PE ratio of 21.81, a P/E/G ratio of 11.29 and a beta of 0.72.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Monday, March 9th. The company reported $5.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.06 by ($0.19). The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.11 billion. Vail Resorts had a return on equity of 29.72% and a net margin of 7.89%.The firm’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same period in the previous year, the business posted $6.56 earnings per share. As a group, equities analysts anticipate that Vail Resorts, Inc. will post 4.79 earnings per share for the current year.

Vail Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 26th were issued a $2.22 dividend. This represents a $8.88 annualized dividend and a yield of 6.6%. The ex-dividend date was Thursday, March 26th. Vail Resorts’s payout ratio is 144.86%.

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.