3,181 Shares in Vail Resorts, Inc. (NYSE:MTN) Bought by AXQ Capital LP

AXQ Capital LP bought a new position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,181 shares of the company's stock, valued at approximately $596,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MTN. Heck Capital Advisors LLC purchased a new stake in shares of Vail Resorts in the fourth quarter valued at about $33,000. Blue Trust Inc. lifted its stake in Vail Resorts by 246.7% during the fourth quarter. Blue Trust Inc. now owns 208 shares of the company's stock worth $36,000 after purchasing an additional 148 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in Vail Resorts during the 4th quarter valued at about $40,000. UMB Bank n.a. boosted its position in Vail Resorts by 37.9% in the 4th quarter. UMB Bank n.a. now owns 302 shares of the company's stock valued at $57,000 after buying an additional 83 shares during the period. Finally, Quarry LP raised its position in Vail Resorts by 418.6% in the 3rd quarter. Quarry LP now owns 363 shares of the company's stock valued at $63,000 after purchasing an additional 293 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Vail Resorts Trading Down 1.9 %

NYSE:MTN traded down $3.04 on Thursday, reaching $161.06. The stock had a trading volume of 330,879 shares, compared to its average volume of 552,941. The company has a market cap of $6.01 billion, a price-to-earnings ratio of 26.75, a P/E/G ratio of 1.93 and a beta of 1.12. Vail Resorts, Inc. has a 12-month low of $151.99 and a 12-month high of $233.57. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. The firm's fifty day moving average is $164.26 and its two-hundred day moving average is $174.38.

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Vail Resorts (NYSE:MTN - Get Free Report) last announced its quarterly earnings data on Monday, March 10th. The company reported $6.56 EPS for the quarter, beating analysts' consensus estimates of $6.29 by $0.27. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the previous year, the business earned $5.76 earnings per share. The business's revenue for the quarter was up 5.5% on a year-over-year basis. Equities analysts expect that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be issued a $2.22 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.51%. Vail Resorts's dividend payout ratio (DPR) is 130.21%.

Insider Buying and Selling

In related news, CFO Angela A. Korch acquired 185 shares of Vail Resorts stock in a transaction on Thursday, March 13th. The shares were bought at an average price of $160.00 per share, for a total transaction of $29,600.00. Following the completion of the purchase, the chief financial officer now directly owns 2,956 shares in the company, valued at $472,960. This trade represents a 6.68 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.20% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on MTN shares. JPMorgan Chase & Co. lifted their price objective on shares of Vail Resorts from $166.00 to $167.00 and gave the stock an "underweight" rating in a research report on Tuesday, March 11th. Barclays reissued an "underweight" rating and set a $152.00 price objective (down from $165.00) on shares of Vail Resorts in a research report on Monday, March 10th. Macquarie dropped their target price on Vail Resorts from $195.00 to $185.00 and set a "neutral" rating on the stock in a report on Wednesday, March 12th. Truist Financial reduced their price objective on shares of Vail Resorts from $250.00 to $247.00 and set a "buy" rating for the company in a research report on Tuesday, December 10th. Finally, Stifel Nicolaus boosted their target price on shares of Vail Resorts from $216.00 to $217.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $193.56.

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.