Prosperitas Financial LLC Acquires New Shares in Vail Resorts, Inc. (NYSE:MTN)

Prosperitas Financial LLC bought a new position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,436 shares of the company's stock, valued at approximately $1,019,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Capital Performance Advisors LLP bought a new stake in Vail Resorts in the 3rd quarter valued at $25,000. Heck Capital Advisors LLC bought a new stake in shares of Vail Resorts in the fourth quarter worth about $33,000. Blue Trust Inc. increased its holdings in shares of Vail Resorts by 246.7% in the fourth quarter. Blue Trust Inc. now owns 208 shares of the company's stock worth $36,000 after purchasing an additional 148 shares during the last quarter. Eagle Bay Advisors LLC purchased a new stake in shares of Vail Resorts in the fourth quarter worth about $40,000. Finally, Venturi Wealth Management LLC boosted its stake in Vail Resorts by 165.3% during the third quarter. Venturi Wealth Management LLC now owns 321 shares of the company's stock valued at $56,000 after buying an additional 200 shares during the last quarter. Institutional investors own 94.94% of the company's stock.

Analysts Set New Price Targets

A number of analysts have issued reports on MTN shares. Stifel Nicolaus lifted their price objective on Vail Resorts from $216.00 to $217.00 and gave the stock a "buy" rating in a research note on Tuesday, December 10th. Macquarie boosted their price target 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. UBS Group started coverage on shares of Vail Resorts in a research report on Thursday, November 14th. They set a "neutral" rating and a $185.00 price objective for the company. JPMorgan Chase & Co. reduced their target price on shares of Vail Resorts from $176.00 to $166.00 and set an "underweight" rating on the stock in a report on Friday, January 17th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Vail Resorts from $185.00 to $196.00 and gave the company a "hold" rating in a report on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, Vail Resorts presently has an average rating of "Hold" and an average target price of $204.50.

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Vail Resorts Trading Down 0.3 %

Shares of NYSE:MTN traded down $0.42 during trading hours on Monday, hitting $158.57. 538,811 shares of the company's stock traded hands, compared to its average volume of 553,364. The firm has a market capitalization of $5.94 billion, a P/E ratio of 26.34, a price-to-earnings-growth ratio of 1.93 and a beta of 1.11. The business has a fifty day moving average price of $172.98 and a 200-day moving average price of $176.90. Vail Resorts, Inc. has a 1 year low of $154.27 and a 1 year high of $235.81. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51.

Vail Resorts (NYSE:MTN - Get Free Report) last posted its quarterly earnings data on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($4.99) by $0.38. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The company had revenue of $260.28 million during the quarter, compared to analysts' expectations of $251.45 million. During the same quarter in the previous year, the business earned ($4.60) EPS. Vail Resorts's revenue was up .7% compared to the same quarter last year. Equities analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were paid a $2.22 dividend. This represents a $8.88 annualized dividend and a yield of 5.60%. The ex-dividend date was Thursday, December 26th. Vail Resorts's dividend payout ratio is presently 147.51%.

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.