Mitchell & Pahl Private Wealth LLC Purchases 284 Shares of Vail Resorts, Inc. (NYSE:MTN)

Mitchell & Pahl Private Wealth LLC raised its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 10.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 3,076 shares of the company’s stock after purchasing an additional 284 shares during the quarter. Mitchell & Pahl Private Wealth LLC’s holdings in Vail Resorts were worth $577,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of MTN. The Manufacturers Life Insurance Company lifted its stake in shares of Vail Resorts by 673.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 635,546 shares of the company’s stock worth $114,481,000 after acquiring an additional 553,337 shares during the last quarter. River Road Asset Management LLC increased its stake in Vail Resorts by 606.6% in the third quarter. River Road Asset Management LLC now owns 341,311 shares of the company’s stock worth $59,487,000 after purchasing an additional 293,006 shares during the period. Point72 Asset Management L.P. bought a new stake in shares of Vail Resorts during the third quarter worth $35,264,000. FMR LLC boosted its stake in shares of Vail Resorts by 1,080.8% during the third quarter. FMR LLC now owns 207,809 shares of the company’s stock valued at $36,219,000 after purchasing an additional 190,210 shares during the period. Finally, AQR Capital Management LLC grew its holdings in shares of Vail Resorts by 1,063.7% in the second quarter. AQR Capital Management LLC now owns 177,033 shares of the company’s stock worth $31,767,000 after purchasing an additional 161,820 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.

Vail Resorts Trading Down 1.5 %

MTN opened at $177.38 on Tuesday. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. The firm has a market cap of $6.64 billion, a price-to-earnings ratio of 29.47, a PEG ratio of 2.25 and a beta of 1.12. Vail Resorts, Inc. has a 12 month low of $165.00 and a 12 month high of $236.92. The stock has a fifty day moving average price of $184.00 and a 200-day moving average price of $179.27.

Vail Resorts (NYSE:MTN) last announced its earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping analysts’ consensus estimates of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The business had revenue of $260.28 million during the quarter, compared to the consensus estimate of $251.45 million. During the same period in the previous year, the company posted ($4.60) earnings per share. The firm’s revenue was up .7% on a year-over-year basis. As a group, equities research analysts anticipate that Vail Resorts, Inc. will post 7.54 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were given a dividend of $2.22 per share. The ex-dividend date was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a yield of 5.01%. Vail Resorts’s payout ratio is 147.51%.

Analyst Upgrades and Downgrades

MTN has been the subject of a number of research analyst reports. Truist Financial decreased their price objective on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating for the company in a report on Tuesday, December 10th. JPMorgan Chase & Co. decreased their price target on shares of Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a research note on Friday. Barclays increased their price objective on Vail Resorts from $155.00 to $165.00 and gave the stock an “underweight” rating in a research note on Tuesday, December 10th. UBS Group initiated coverage on Vail Resorts in a research report on Thursday, November 14th. They set a “neutral” rating and a $185.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Vail Resorts from $185.00 to $196.00 and gave the stock a “hold” rating in a research report on Monday, December 9th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $204.50.

About Vail Resorts

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.