Blair William & Co. IL Reduces Holdings in Vail Resorts, Inc. (NYSE:MTN)

Blair William & Co. IL trimmed its holdings in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 59.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,916 shares of the company's stock after selling 2,852 shares during the period. Blair William & Co. IL's holdings in Vail Resorts were worth $359,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of MTN. Heck Capital Advisors LLC purchased a new stake in shares of Vail Resorts in the fourth quarter worth about $33,000. Blue Trust Inc. lifted its stake in Vail Resorts by 246.7% in the 4th 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 bought a new position in Vail Resorts in the 4th quarter valued at $40,000. UMB Bank n.a. grew its position in shares of Vail Resorts by 37.9% during the 4th quarter. UMB Bank n.a. now owns 302 shares of the company's stock valued at $57,000 after purchasing an additional 83 shares in the last quarter. Finally, Quarry LP increased its holdings in shares of Vail Resorts by 418.6% in the third quarter. Quarry LP now owns 363 shares of the company's stock worth $63,000 after purchasing an additional 293 shares during the period. Institutional investors own 94.94% of the company's stock.

Vail Resorts Trading Down 5.4 %

Shares of NYSE:MTN traded down $7.83 on Monday, reaching $137.42. 1,051,358 shares of the company traded hands, compared to its average volume of 574,745. The stock has a market capitalization of $5.13 billion, a P/E ratio of 22.83, a price-to-earnings-growth ratio of 1.93 and a beta of 0.93. Vail Resorts, Inc. has a 52 week low of $134.68 and a 52 week high of $233.57. The business's 50-day simple moving average is $161.95 and its 200 day simple moving average is $173.23. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64.

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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 earnings per share for the quarter, beating the consensus estimate of $6.29 by $0.27. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The firm 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 company posted $5.76 earnings per share. The business's revenue was up 5.5% on a year-over-year basis. As a group, equities analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th will be given a dividend of $2.22 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $8.88 annualized dividend and a yield of 6.46%. Vail Resorts's payout ratio is currently 130.21%.

Analysts Set New Price Targets

MTN has been the topic of a number of research analyst reports. Mizuho decreased their target price on Vail Resorts from $227.00 to $215.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 11th. Truist Financial cut their price target on shares of Vail Resorts from $250.00 to $247.00 and set a "buy" rating for the company in a research note on Tuesday, December 10th. Stifel Nicolaus raised their price objective 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. Morgan Stanley cut their target price on shares of Vail Resorts from $197.00 to $178.00 and set an "equal weight" rating for the company in a research report on Tuesday, March 11th. Finally, Macquarie lowered their price target on Vail Resorts from $195.00 to $185.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 12th. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $193.56.

Insiders Place Their Bets

In other Vail Resorts news, CFO Angela A. Korch acquired 185 shares of the company's stock in a transaction on Thursday, March 13th. The stock was acquired at an average price of $160.00 per share, for a total transaction of $29,600.00. Following the acquisition, the chief financial officer now owns 2,956 shares in the company, valued at $472,960. This represents a 6.68 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.20% of the company's stock.

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.