Vail Resorts, Inc. (NYSE:MTN) Stake Lowered by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC trimmed its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 0.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,057 shares of the company’s stock after selling 132 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Vail Resorts were worth $3,010,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Raleigh Capital Management Inc. lifted its holdings in shares of Vail Resorts by 20.6% during the 4th quarter. Raleigh Capital Management Inc. now owns 393 shares of the company’s stock valued at $74,000 after buying an additional 67 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Vail Resorts by 4.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 30,343 shares of the company’s stock worth $5,688,000 after acquiring an additional 1,232 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Vail Resorts by 409.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 4,538 shares of the company’s stock worth $861,000 after purchasing an additional 3,648 shares during the last quarter. Aspire Private Capital LLC increased its stake in shares of Vail Resorts by 55.4% during the 4th quarter. Aspire Private Capital LLC now owns 1,601 shares of the company’s stock worth $300,000 after purchasing an additional 571 shares during the last quarter. Finally, Mitchell & Pahl Private Wealth LLC raised its holdings in shares of Vail Resorts by 10.2% during the 4th quarter. Mitchell & Pahl Private Wealth LLC now owns 3,076 shares of the company’s stock valued at $577,000 after purchasing an additional 284 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on MTN. Truist Financial lowered their target price on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating on the stock in a research report on Tuesday, December 10th. UBS Group assumed coverage on Vail Resorts in a report on Thursday, November 14th. They set a “neutral” rating and a $185.00 price objective on the stock. Mizuho boosted their target price on Vail Resorts from $222.00 to $227.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. JPMorgan Chase & Co. lowered their price target on Vail Resorts from $176.00 to $166.00 and set an “underweight” rating on the stock in a report on Friday, January 17th. Finally, Stifel Nicolaus lifted their price target on shares of Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $204.50.

Vail Resorts Trading Down 1.2 %

Shares of Vail Resorts stock opened at $166.53 on Friday. Vail Resorts, Inc. has a 1 year low of $165.00 and a 1 year high of $236.92. The company’s fifty day simple moving average is $183.33 and its 200-day simple moving average is $179.10. The company has a market cap of $6.23 billion, a price-to-earnings ratio of 27.66, a PEG ratio of 2.13 and a beta of 1.12. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings results on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, topping the consensus estimate of ($4.99) by $0.38. The company had revenue of $260.28 million for the quarter, compared to analyst estimates of $251.45 million. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The business’s quarterly revenue was up .7% on a year-over-year basis. During the same period last year, the business posted ($4.60) EPS. As a group, sell-side analysts expect that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were paid a dividend of $2.22 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a yield of 5.33%. Vail Resorts’s dividend payout ratio is currently 147.51%.

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.