Dana Investment Advisors Inc. Buys 2,037 Shares of Vail Resorts, Inc. (NYSE:MTN)

Dana Investment Advisors Inc. increased its position in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 18.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,351 shares of the company's stock after purchasing an additional 2,037 shares during the period. Dana Investment Advisors Inc.'s holdings in Vail Resorts were worth $2,503,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Capital Performance Advisors LLP bought a new position in Vail Resorts in the 3rd quarter worth about $25,000. Heck Capital Advisors LLC purchased a new position in Vail Resorts in the 4th quarter worth about $33,000. Blue Trust Inc. raised its position 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 buying an additional 148 shares during the last quarter. Eagle Bay Advisors LLC purchased a new position in Vail Resorts in the 4th quarter worth about $40,000. Finally, Venturi Wealth Management LLC raised its position in Vail Resorts by 165.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 321 shares of the company's stock worth $56,000 after buying an additional 200 shares during the last quarter. Institutional investors own 94.94% of the company's stock.

Vail Resorts Price Performance

MTN stock traded up $0.16 during midday trading on Friday, hitting $157.35. The company's stock had a trading volume of 646,693 shares, compared to its average volume of 550,371. Vail Resorts, Inc. has a 12 month low of $153.51 and a 12 month high of $233.57. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64. The firm has a market capitalization of $5.89 billion, a price-to-earnings ratio of 26.14, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. The company has a 50 day moving average of $169.61 and a two-hundred day moving average of $176.19.

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Vail Resorts (NYSE:MTN - Get Free Report) last posted its quarterly earnings results on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, topping the consensus estimate of ($4.99) by $0.38. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. 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 prior year, the company posted ($4.60) EPS. The firm's revenue for the quarter was up .7% compared to the same quarter last year. On average, analysts expect that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given 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 dividend yield of 5.64%. Vail Resorts's dividend payout ratio is currently 147.51%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on MTN shares. Macquarie boosted their target price on Vail Resorts from $180.00 to $195.00 and gave the stock a "neutral" rating in a research report on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Vail Resorts from $185.00 to $196.00 and gave the company a "hold" rating in a research report on Monday, December 9th. Truist Financial reduced 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 report on Tuesday, December 10th. UBS Group initiated coverage on shares of Vail Resorts in a report on Thursday, November 14th. They issued a "neutral" rating and a $185.00 target price for the company. Finally, StockNews.com raised shares of Vail Resorts from a "sell" rating to a "hold" rating in a report on Friday, December 13th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, Vail Resorts currently has a consensus rating of "Hold" and an average price target of $199.44.

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.