Cwm LLC increases holdings in Vail Resorts, Inc. (NYSE:MTN)

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Cwm LLC increased its holdings of Vail Resorts, Inc. (NYSE:MTN – Get Rating) stock by 59.0% in the first quarter, according to the company in its latest 13F filing with the Securities and Exchange Commission (SEC). The company held 167 shares of the company after acquiring an additional 62 shares during the period. Cwm LLC’s holdings in Vail Resorts were worth $43,000 at the end of the last reporting period.

Other big investors have also been buying and selling shares of the company recently. UMB Bank NA MO bought a new position in Vail Resorts during Q4, valued at around $32,000. National Bank of Canada FI bought a new position in Vail Resorts during the 4th quarter worth approximately $46,000. Baldwin Brothers LLC MA bought a new position in Vail Resorts during Q1 worth approximately $52,000. Curi Wealth Management LLC bought a new position in Vail Resorts during Q4, valued at approximately $83,000. Finally, Clearstead Advisors LLC bought a new position in Vail Resorts in the fourth quarter worth approximately $103,000.

Vail Resort Price Performance

MTN stock opened at $216.59 on Friday. The company has a market capitalization of $8.72 billion, a PE ratio of 28.13 and a beta of 1.21. Vail Resorts, Inc. has a one-year low of $206.03 and a one-year high of $376.24. The company’s fifty-day moving average price is $233.05 and its 200-day moving average price is $256.33. The company has a debt ratio of 1.30, a quick ratio of 2.11 and a current ratio of 2.22.

Vail Resorts (NYSE:MTN – Get Rating) last released its results on Thursday, June 9. The company reported earnings per share 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, compared to analysts’ estimates of $1.16 billion. Vail Resorts achieved a net margin of 12.82% and a return on equity of 17.18%. The company’s revenues increased by 32.3% compared to the same quarter last year. In the same period a year earlier, the company earned earnings per share of $6.71. On average, stock analysts expect Vail Resorts, Inc. to post an EPS of 8.4 for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 12. Shareholders of record on Monday, June 27 received a dividend of $1.91 per share. This represents an annualized dividend of $7.64 and a dividend yield of 3.53%. The ex-dividend date was Friday, June 24. Vail Resorts’ dividend payout ratio (DPR) is currently 99.22%.

Wall Street analysts predict growth

Several research analysts have published reports on the stock. Deutsche Bank Aktiengesellschaft cut its price target on Vail Resorts shares from $302.00 to $301.00 in a Friday, June 10 report. 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 report. Truist Financial raised its price target on Vail Resorts shares from $278.00 to $281.00 and gave the company a “holding” rating in a Friday, June 10 research report. Barclays launched a hedge on Vail Resorts shares in a research report on Tuesday, June 28. They set an “underweight” rating and a target price of $217.00 for the company. Finally, StockNews.com launched coverage on Vail Resorts shares in a research report on Thursday, March 31. They issued a “maintaining” rating for the company. One research analyst gave the stock a sell rating, six issued a hold rating and two issued a buy rating. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $300.00.

About Vail Resorts

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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.

Further reading

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



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