Union Bancaire Privee UBP SA Invests $3.67 Million in Vail Resorts, Inc. (NYSE:MTN)

Union Bancaire Privee UBP SA acquired a new stake in shares of Vail Resorts, Inc. (NYSE:MTN) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 19,600 shares of the company’s stock, valued at approximately $3,674,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. V Square Quantitative Management LLC bought a new position in Vail Resorts during the third quarter valued at $25,000. Capital Performance Advisors LLP purchased a new stake in Vail Resorts in the 3rd quarter worth about $25,000. Blue Trust Inc. increased its stake in shares of Vail Resorts by 246.7% in the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock worth $36,000 after purchasing an additional 148 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of Vail Resorts in the fourth quarter valued at approximately $40,000. Finally, UMB Bank n.a. grew its stake in Vail Resorts by 123.5% in the 3rd quarter. UMB Bank n.a. now owns 219 shares of the company’s stock valued at $38,000 after buying an additional 121 shares in the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Vail Resorts Stock Down 1.2 %

Shares of NYSE MTN opened at $166.53 on Monday. The firm’s fifty day moving average is $183.33 and its 200 day moving average is $179.17. Vail Resorts, Inc. has a 52 week low of $165.00 and a 52 week high of $236.92. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64. The company has a market cap of $6.23 billion, a price-to-earnings ratio of 27.66, a PEG ratio of 2.13 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Monday, December 9th. The company reported ($4.61) EPS for the quarter, beating the consensus estimate of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The firm had revenue of $260.28 million during the quarter, compared to the consensus estimate of $251.45 million. During the same period in the prior year, the firm posted ($4.60) earnings per share. The company’s quarterly revenue was up .7% compared to the same quarter last year. On average, equities research analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were issued a dividend of $2.22 per share. The ex-dividend date was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.33%. Vail Resorts’s dividend payout ratio is presently 147.51%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MTN. Morgan Stanley reaffirmed an “equal weight” rating and issued a $197.00 price target on shares of Vail Resorts in a report on Monday, December 23rd. Deutsche Bank Aktiengesellschaft raised their price target on Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a report on Monday, December 9th. Mizuho upped their price objective on shares of Vail Resorts from $222.00 to $227.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. Stifel Nicolaus lifted their target price on shares of Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Finally, StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a research note on Friday, December 13th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $204.50.

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.