Mutual of America Capital Management LLC boosted its stake in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 146.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 133,082 shares of the company's stock after purchasing an additional 79,183 shares during the period. Mutual of America Capital Management LLC owned about 0.36% of Vail Resorts worth $24,946,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the stock. Capital Performance Advisors LLP purchased a new position in shares of Vail Resorts during the 3rd quarter valued at $25,000. Heck Capital Advisors LLC acquired a new stake in Vail Resorts during the fourth quarter valued at $33,000. Blue Trust Inc. grew its stake in Vail Resorts by 246.7% in the fourth quarter. Blue Trust Inc. now owns 208 shares of the company's stock valued at $36,000 after purchasing an additional 148 shares in the last quarter. Eagle Bay Advisors LLC acquired a new position in Vail Resorts in the 4th quarter worth about $40,000. Finally, UMB Bank n.a. raised its stake 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 worth $57,000 after purchasing an additional 83 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company's stock.
Analyst Upgrades and Downgrades
MTN has been the subject of several recent research reports. Morgan Stanley reissued an "equal weight" rating and issued a $197.00 price target on shares of Vail Resorts in a research note on Monday, December 23rd. Mizuho boosted their target price on shares of Vail Resorts from $222.00 to $227.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 10th. Truist Financial cut their price target on shares of Vail Resorts from $250.00 to $247.00 and set a "buy" rating on the stock in a report on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Vail Resorts from $185.00 to $196.00 and gave the company a "hold" rating in a research note on Monday, December 9th. Finally, Stifel Nicolaus increased 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 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 data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $204.50.
View Our Latest Stock Analysis on MTN
Vail Resorts Stock Performance
MTN stock traded down $1.78 during trading on Tuesday, reaching $156.66. 430,565 shares of the stock were exchanged, compared to its average volume of 552,950. Vail Resorts, Inc. has a twelve month low of $153.78 and a twelve month high of $235.81. 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 company has a market capitalization of $5.87 billion, a P/E ratio of 26.02, a price-to-earnings-growth ratio of 1.93 and a beta of 1.11. The stock has a 50 day simple moving average of $172.35 and a 200-day simple moving average of $176.76.
Vail Resorts (NYSE:MTN - Get Free Report) last announced its quarterly earnings data 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. 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%. Vail Resorts's revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter last year, the firm earned ($4.60) EPS. As a group, sell-side analysts anticipate that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.
Vail Resorts Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were paid a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date was Thursday, December 26th. Vail Resorts's dividend payout ratio is 147.51%.
About Vail Resorts
(
Free Report)
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.
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