Cwm LLC Has $260,000 Stock Position in Vail Resorts, Inc. (NYSE:MTN)

Cwm LLC lowered its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 32.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,489 shares of the company’s stock after selling 705 shares during the period. Cwm LLC’s holdings in Vail Resorts were worth $260,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. CANADA LIFE ASSURANCE Co raised its holdings in shares of Vail Resorts by 66.0% during the first quarter. CANADA LIFE ASSURANCE Co now owns 45,233 shares of the company’s stock valued at $10,082,000 after purchasing an additional 17,976 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Vail Resorts in the 1st quarter worth about $3,228,000. Nordea Investment Management AB raised its holdings in shares of Vail Resorts by 5.9% in the 1st quarter. Nordea Investment Management AB now owns 441,749 shares of the company’s stock worth $98,470,000 after acquiring an additional 24,456 shares during the last quarter. Edgestream Partners L.P. raised its holdings in shares of Vail Resorts by 146.3% in the 1st quarter. Edgestream Partners L.P. now owns 12,147 shares of the company’s stock worth $2,707,000 after acquiring an additional 7,216 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Vail Resorts by 507.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 11,380 shares of the company’s stock worth $2,050,000 after acquiring an additional 9,506 shares during the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on MTN. Stifel Nicolaus lowered their target price on shares of Vail Resorts from $223.00 to $216.00 and set a “buy” rating on the stock in a report on Friday, September 27th. Morgan Stanley upped their target price on shares of Vail Resorts from $179.00 to $182.00 and gave the stock an “equal weight” rating in a report on Wednesday, September 25th. StockNews.com lowered shares of Vail Resorts from a “hold” rating to a “sell” rating in a report on Friday, September 27th. Macquarie restated a “neutral” rating and issued a $180.00 target price on shares of Vail Resorts in a report on Wednesday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Vail Resorts from $218.00 to $194.00 and set a “hold” rating for the company in a research note on Monday, September 16th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $208.22.

Insider Activity

In other news, insider Robert A. Katz sold 9,296 shares of the stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $175.98, for a total transaction of $1,635,910.08. Following the completion of the transaction, the insider now directly owns 245,961 shares of the company’s stock, valued at $43,284,216.78. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Robert A. Katz sold 9,296 shares of the firm’s stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $175.98, for a total value of $1,635,910.08. Following the completion of the transaction, the insider now directly owns 245,961 shares of the company’s stock, valued at approximately $43,284,216.78. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John F. Sorte sold 1,670 shares of the firm’s stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $173.07, for a total transaction of $289,026.90. Following the completion of the transaction, the director now directly owns 45,111 shares of the company’s stock, valued at approximately $7,807,360.77. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

Vail Resorts Trading Up 1.9 %

NYSE:MTN opened at $170.57 on Wednesday. The company has a debt-to-equity ratio of 2.62, a quick ratio of 0.71 and a current ratio of 0.82. The firm has a market cap of $6.42 billion, a price-to-earnings ratio of 23.21, a price-to-earnings-growth ratio of 1.65 and a beta of 1.13. Vail Resorts, Inc. has a 52 week low of $165.14 and a 52 week high of $236.92. The firm has a 50-day moving average price of $178.09 and a two-hundred day moving average price of $185.84.

Vail Resorts (NYSE:MTN) last released its earnings results on Thursday, September 26th. The company reported ($4.67) earnings per share for the quarter, missing analysts’ consensus estimates of ($4.28) by ($0.39). Vail Resorts had a net margin of 7.99% and a return on equity of 20.76%. The company had revenue of $265.39 million for the quarter, compared to the consensus estimate of $264.84 million. During the same period in the prior year, the company earned ($3.35) earnings per share. The firm’s revenue was down 1.6% on a year-over-year basis. On average, equities analysts expect that Vail Resorts, Inc. will post 7.27 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th will be given a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.21%. The ex-dividend date of this dividend is Tuesday, October 8th. Vail Resorts’s dividend payout ratio is currently 120.82%.

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.