Keybank National Association OH holds $414,000 in Vail Resorts, Inc. (NYSE:MTN)


Keybank National Association OH reduced its position in shares of Vail Resorts, Inc. (NYSE: MTNGet a rating) by 8.5% in the 1st quarter, HoldingsChannel reports. The institutional investor held 1,589 shares of the company after selling 148 shares during the quarter. Keybank National Association OH’s holdings in Vail Resorts were worth $414,000 at the end of last quarter.

Other large investors have also recently changed their holdings in the company. UMB Bank NA MO bought a new position in Vail Resorts during the fourth quarter worth $32,000. CWM LLC bought a new position in Vail Resorts during the fourth quarter at a value of $34,000. National Bank of Canada FI bought a new position in Vail Resorts during the fourth quarter at a value of $46,000. Baldwin Brothers LLC MA bought a new position in Vail Resorts during the first quarter worth $52,000. Finally, Curi Wealth Management LLC bought a new position in Vail Resorts during the fourth quarter at a value of $83,000.

Vail Resorts Stock Performance

Shares of MTN Stock opened at $230.95 on Friday. The company has a 50-day moving average of $232.41 and a 200-day moving average of $254.05. The company has a market capitalization of $9.30 billion, a P/E ratio of 29.99 and a beta of 1.21. The company has a debt ratio of 1.30, a current ratio of 2.22 and a quick ratio of 2.11. Vail Resorts, Inc. has a one-year low of $206.03 and a one-year high of $376.24.

Vail Resorts (NYSE: MTNGet a rating) last announced its results on Thursday, June 9. The company reported EPS of $9.16 for the quarter, missing the consensus estimate of $9.17 per ($0.01). The company posted revenue of $1.18 billion in the quarter, versus $1.16 billion expected by analysts. Vail Resorts achieved a net margin of 12.82% and a return on equity of 17.18%. The company’s revenue for the quarter increased 32.3% year over year. In the same quarter of the previous year, the company achieved EPS of $6.71. Equity research analysts expect Vail Resorts, Inc. to post an EPS of 8.4 for the current fiscal year.

Vail Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 12. Investors of record on Monday, June 27 received a dividend of $1.91 per share. The ex-dividend date was Friday, June 24. This represents a dividend of $7.64 on an annualized basis and a yield of 3.31%. Vail Resorts’ dividend payout ratio (DPR) is currently 99.22%.

Changes to analyst ratings

MTN has been the subject of several research analyst reports. StockNews.com launched a hedge on Vail Resorts shares in a research note on Thursday, March 31. They have placed a “holding” rating on the stock. Credit Suisse Group raised its price target on Vail Resorts shares from $379.00 to $383.00 and gave the company an “outperform” rating in a Friday, June 10 research note. Barclays began covering Vail Resorts shares in a research note on Tuesday June 28. They issued an “underweight” rating and a price target of $217.00 on the stock. Deutsche Bank Aktiengesellschaft lowered its price target on shares of Vail Resorts from $302.00 to $301.00 in a Friday, June 10 research note. Finally, KeyCorp set a price target of $300.00 on shares of Vail Resorts in a research note on Tuesday. One analyst gave the stock a sell rating, six gave the company a hold rating and two gave the company a buy rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $295.71.

Company Profile Vail Resorts

(Get a rating)

Vail Resorts, Inc., through its subsidiaries, operates mountain resorts and urban ski areas in the United States. It operates through three segments: Mountain, Accommodation and Real Estate. The Mountain segment operates 37 destination mountain resorts and regional ski areas. This segment is also involved in ancillary businesses, including ski school, catering and retail/rental business, as well as real estate brokerage business.

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Want to see which other hedge funds hold MTN? Visit HoldingsChannel.com to get the latest 13F filings and insider transactions for Vail Resorts, Inc. (NYSE: MTNGet a rating).

Institutional ownership by quarter for Vail Resorts (NYSE:MTN)



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