Amalgamated Bank Sells 3,954 Shares of Vail Resorts, Inc. (NYSE:MTN)

Amalgamated Bank lowered its position in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 17.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,425 shares of the company's stock after selling 3,954 shares during the period. Amalgamated Bank's holdings in Vail Resorts were worth $3,211,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Signaturefd LLC boosted its stake in shares of Vail Resorts by 150.9% during the 2nd quarter. Signaturefd LLC now owns 138 shares of the company's stock worth $25,000 after acquiring an additional 83 shares in the last quarter. V Square Quantitative Management LLC acquired a new stake in Vail Resorts in the 3rd quarter worth approximately $25,000. Brown Brothers Harriman & Co. boosted its position in Vail Resorts by 318.8% during the second quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company's stock worth $36,000 after purchasing an additional 153 shares during the period. UMB Bank n.a. grew its holdings in Vail Resorts by 123.5% during the third quarter. UMB Bank n.a. now owns 219 shares of the company's stock valued at $38,000 after purchasing an additional 121 shares during the last quarter. Finally, Canton Hathaway LLC raised its position in shares of Vail Resorts by 66.7% in the second quarter. Canton Hathaway LLC now owns 250 shares of the company's stock valued at $45,000 after purchasing an additional 100 shares during the period. Institutional investors own 94.94% of the company's stock.

Wall Street Analysts Forecast Growth

MTN has been the topic of several recent analyst reports. StockNews.com upgraded shares of Vail Resorts from a "sell" rating to a "hold" rating in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft dropped their price objective on Vail Resorts from $218.00 to $194.00 and set a "hold" rating on the stock in a research note on Monday, September 16th. Macquarie restated a "neutral" rating and set a $180.00 target price on shares of Vail Resorts in a research note on Wednesday, October 2nd. Barclays lowered their target price on Vail Resorts from $161.00 to $155.00 and set an "underweight" rating on the stock in a report on Friday, September 27th. Finally, Morgan Stanley increased their price objective on Vail Resorts from $179.00 to $182.00 and gave the company an "equal weight" rating in a research report on Wednesday, September 25th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $208.22.

Vail Resorts Stock Performance

Vail Resorts stock traded up $3.34 on Friday, hitting $177.86. The company's stock had a trading volume of 363,223 shares, compared to its average volume of 453,843. Vail Resorts, Inc. has a one year low of $165.00 and a one year high of $236.92. The firm has a market cap of $6.67 billion, a P/E ratio of 29.50, a price-to-earnings-growth ratio of 1.70 and a beta of 1.13. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 2.62. The company has a fifty day moving average price of $176.00 and a 200-day moving average price of $180.95.

Vail Resorts (NYSE:MTN - Get Free Report) last posted 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). The business had revenue of $265.39 million during the quarter, compared to the consensus estimate of $264.84 million. Vail Resorts had a net margin of 7.99% and a return on equity of 20.76%. The business's revenue was down 1.6% compared to the same quarter last year. During the same period in the previous year, the firm earned ($3.35) EPS. On average, equities analysts anticipate that Vail Resorts, Inc. will post 7.27 earnings per share for the current year.

Vail Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Tuesday, October 8th were given a dividend of $2.22 per share. The ex-dividend date was Tuesday, October 8th. This represents a $8.88 annualized dividend and a dividend yield of 4.99%. Vail Resorts's dividend payout ratio (DPR) is presently 147.26%.

Insider Activity at Vail Resorts

In related news, CFO Angela A. Korch acquired 165 shares of the company's stock in a transaction on Thursday, October 3rd. The stock was purchased at an average cost of $173.09 per share, for a total transaction of $28,559.85. Following the completion of the purchase, the chief financial officer now directly owns 2,187 shares of the company's stock, valued at $378,547.83. The trade was a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CFO Angela A. Korch acquired 165 shares of the company's stock in a transaction dated Thursday, October 3rd. The stock was bought at an average price of $173.09 per share, with a total value of $28,559.85. Following the completion of the acquisition, the chief financial officer now owns 2,187 shares in the company, valued at approximately $378,547.83. This represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John F. Sorte sold 1,670 shares of the business'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 value of $289,026.90. Following the completion of the transaction, the director now directly owns 45,111 shares in the company, valued at $7,807,360.77. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.

Vail Resorts 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.