New Age Alpha Advisors LLC Purchases New Position in Vail Resorts, Inc. (NYSE:MTN)

New Age Alpha Advisors LLC bought a new position in Vail Resorts, Inc. (NYSE:MTN - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,939 shares of the company's stock, valued at approximately $363,000.

A number of other institutional investors have also recently made changes to their positions in MTN. Heck Capital Advisors LLC purchased a new stake in shares of Vail Resorts during the 4th quarter valued at about $33,000. Blue Trust Inc. lifted its position in Vail Resorts by 246.7% during 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 during the period. Eagle Bay Advisors LLC bought a new stake in Vail Resorts in the 4th quarter worth approximately $40,000. UMB Bank n.a. raised its stake in 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 buying an additional 83 shares during the last quarter. Finally, Quarry LP raised its stake in Vail Resorts by 418.6% during the 3rd quarter. Quarry LP now owns 363 shares of the company's stock valued at $63,000 after buying an additional 293 shares during the last quarter. Hedge funds and other institutional investors own 94.94% of the company's stock.

Insider Transactions at Vail Resorts

In related news, CFO Angela A. Korch purchased 185 shares of Vail Resorts stock in a transaction on Thursday, March 13th. The shares were bought at an average cost 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 approximately $472,960. The trade was a 6.68 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.20% of the company's stock.

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Vail Resorts Price Performance

Vail Resorts stock traded down $10.07 during mid-day trading on Friday, hitting $144.94. The stock had a trading volume of 914,899 shares, compared to its average volume of 572,839. 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 firm's 50 day moving average is $161.95 and its 200 day moving average is $173.23. The firm has a market capitalization of $5.41 billion, a P/E ratio of 24.08, a P/E/G ratio of 1.93 and a beta of 0.93. Vail Resorts, Inc. has a one year low of $144.83 and a one year high of $233.57.

Vail Resorts (NYSE:MTN - Get Free Report) last released its quarterly earnings data on Monday, March 10th. The company reported $6.56 earnings per share for the quarter, topping analysts' consensus estimates of $6.29 by $0.27. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.14 billion. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The business's quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.76 earnings per share. On average, sell-side analysts forecast that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be given a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 6.13%. The ex-dividend date of this dividend is Thursday, March 27th. Vail Resorts's payout ratio is currently 130.21%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on MTN shares. Mizuho cut their price objective on Vail Resorts from $227.00 to $215.00 and set an "outperform" rating for the company in a report on Tuesday, March 11th. 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. StockNews.com raised shares of Vail Resorts from a "sell" rating to a "hold" rating in a report on Friday, December 13th. JPMorgan Chase & Co. upped their target price on shares of Vail Resorts from $166.00 to $167.00 and gave the company an "underweight" rating in a report on Tuesday, March 11th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Vail Resorts from $185.00 to $196.00 and gave the stock a "hold" rating in a research note on Monday, December 9th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $193.56.

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.