TD Waterhouse Canada Inc. Has $2.55 Million Position in Vail Resorts, Inc. $MTN

TD Waterhouse Canada Inc. boosted its holdings in Vail Resorts, Inc. (NYSE:MTN) by 376.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,584 shares of the company’s stock after acquiring an additional 13,102 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Vail Resorts were worth $2,553,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its stake in shares of Vail Resorts by 815.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock valued at $27,000 after purchasing an additional 155 shares during the period. NBT Bank N A NY grew its position in Vail Resorts by 450.0% in the third quarter. NBT Bank N A NY now owns 176 shares of the company’s stock valued at $26,000 after acquiring an additional 144 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Vail Resorts by 196.8% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 187 shares of the company’s stock worth $29,000 after acquiring an additional 124 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Vail Resorts by 676.0% during the second quarter. Farther Finance Advisors LLC now owns 194 shares of the company’s stock valued at $30,000 after acquiring an additional 169 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of Vail Resorts in the 2nd quarter valued at $33,000. Institutional investors and hedge funds own 94.90% of the company’s stock.

Vail Resorts Stock Performance

MTN stock opened at $133.03 on Friday. The company has a 50 day moving average price of $141.28 and a 200 day moving average price of $148.12. Vail Resorts, Inc. has a fifty-two week low of $129.41 and a fifty-two week high of $175.51. The company has a debt-to-equity ratio of 5.52, a current ratio of 0.54 and a quick ratio of 0.46. The stock has a market capitalization of $4.76 billion, a PE ratio of 19.51, a price-to-earnings-growth ratio of 7.98 and a beta of 0.81.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings data on Wednesday, December 10th. The company reported ($5.20) EPS for the quarter, beating analysts’ consensus estimates of ($5.23) by $0.03. The firm had revenue of $271.03 million for the quarter, compared to analyst estimates of $273.35 million. Vail Resorts had a return on equity of 32.51% and a net margin of 8.94%.The business’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period last year, the company earned ($4.61) EPS. Analysts forecast that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Tuesday, December 30th were given a dividend of $2.22 per share. The ex-dividend date was Tuesday, December 30th. This represents a $8.88 dividend on an annualized basis and a yield of 6.7%. Vail Resorts’s dividend payout ratio is presently 130.21%.

Analyst Ratings Changes

MTN has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Vail Resorts in a research report on Monday, December 29th. Zacks Research raised shares of Vail Resorts from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th. Jefferies Financial Group upgraded shares of Vail Resorts from a “hold” rating to a “buy” rating and lifted their target price for the company from $159.00 to $165.00 in a research note on Tuesday, January 13th. Morgan Stanley set a $150.00 target price on Vail Resorts in a report on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $156.00 price target on shares of Vail Resorts in a report on Wednesday, January 14th. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $173.73.

Vail Resorts Profile

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.