Vail Resorts, Inc. (NYSE:MTN) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC cut its stake in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 97.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,153 shares of the company's stock after selling 39,290 shares during the quarter. International Assets Investment Management LLC's holdings in Vail Resorts were worth $202,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Stifel Financial Corp boosted its stake in shares of Vail Resorts by 47.6% during the 3rd quarter. Stifel Financial Corp now owns 21,131 shares of the company's stock worth $3,683,000 after purchasing an additional 6,816 shares during the period. Geode Capital Management LLC lifted its stake in Vail Resorts by 1.3% in the third quarter. Geode Capital Management LLC now owns 649,624 shares of the company's stock worth $113,252,000 after purchasing an additional 8,422 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Vail Resorts by 1,063.7% during the second quarter. AQR Capital Management LLC now owns 177,033 shares of the company's stock valued at $31,767,000 after buying an additional 161,820 shares during the last quarter. River Road Asset Management LLC raised its holdings in shares of 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 buying an additional 293,006 shares during the period. Finally, Point72 Hong Kong Ltd purchased a new stake in shares of Vail Resorts in the third quarter worth approximately $12,577,000. 94.94% of the stock is owned by hedge funds and other institutional investors.

Vail Resorts Stock Up 1.6 %

NYSE MTN traded up $2.88 during midday trading on Tuesday, hitting $183.89. 450,506 shares of the company traded hands, compared to its average volume of 656,800. Vail Resorts, Inc. has a 52 week low of $165.00 and a 52 week high of $236.92. The company's 50-day simple moving average is $183.56 and its 200-day simple moving average is $179.06. The company has a market cap of $6.88 billion, a PE ratio of 30.55, a price-to-earnings-growth ratio of 2.22 and a beta of 1.12. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.71.

Vail Resorts (NYSE:MTN - Get Free Report) last posted its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, beating 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 return on equity of 21.90% and a net margin of 8.07%. The firm's quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($4.60) earnings per share. As a group, equities research analysts forecast that Vail Resorts, Inc. will post 7.49 earnings per share for the current year.

Vail Resorts Announces Dividend

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 of this dividend was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a yield of 4.83%. Vail Resorts's payout ratio is 147.51%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on MTN shares. Morgan Stanley restated an "equal weight" rating and set a $197.00 price objective on shares of Vail Resorts in a report on Monday, December 23rd. Truist Financial reduced their price target on shares of Vail Resorts from $250.00 to $247.00 and set a "buy" rating on the stock in a research note on Tuesday, December 10th. StockNews.com raised shares of Vail Resorts from a "sell" rating to a "hold" rating in a research report on Friday, December 13th. Macquarie raised their target price on shares of Vail Resorts from $180.00 to $195.00 and gave the stock a "neutral" rating in a research report on Wednesday, December 11th. Finally, Barclays boosted their price target on Vail Resorts from $155.00 to $165.00 and gave the company an "underweight" rating in a report on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $205.50.

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.