Blueshift Asset Management LLC Purchases 6,336 Shares of Vail Resorts, Inc. (NYSE:MTN)

Blueshift Asset Management LLC raised its position in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 493.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 7,619 shares of the company's stock after buying an additional 6,336 shares during the period. Blueshift Asset Management LLC's holdings in Vail Resorts were worth $1,428,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Miracle Mile Advisors LLC boosted its holdings in Vail Resorts by 3.2% in the fourth quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company's stock valued at $398,000 after acquiring an additional 65 shares during the last quarter. Raleigh Capital Management Inc. boosted its stake in shares of Vail Resorts by 20.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 393 shares of the company's stock valued at $74,000 after purchasing an additional 67 shares during the last quarter. Accretive Wealth Partners LLC grew its position in shares of Vail Resorts by 1.5% during the 4th quarter. Accretive Wealth Partners LLC now owns 5,294 shares of the company's stock worth $992,000 after buying an additional 80 shares during the period. UMB Bank n.a. grew its position 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 buying an additional 83 shares during the period. Finally, Argonautica Private Wealth Management Inc. raised its position in shares of Vail Resorts by 6.9% during the 4th quarter. Argonautica Private Wealth Management Inc. now owns 1,478 shares of the company's stock valued at $277,000 after acquiring an additional 96 shares during the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

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Vail Resorts Price Performance

Shares of Vail Resorts stock traded up $1.37 during trading on Monday, reaching $162.04. 480,411 shares of the company's stock were exchanged, compared to its average volume of 553,400. The firm's 50-day moving average price is $165.14 and its 200 day moving average price is $174.62. Vail Resorts, Inc. has a 1-year low of $151.99 and a 1-year high of $233.57. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63. The company has a market cap of $6.05 billion, a P/E ratio of 26.92, a PEG ratio of 1.93 and a beta of 1.12.

Vail Resorts (NYSE:MTN - Get Free Report) last issued its quarterly earnings results on Monday, March 10th. The company reported $6.56 EPS for the quarter, beating analysts' consensus estimates of $6.29 by $0.27. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The business had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.14 billion. During the same quarter in the prior year, the firm posted $5.76 earnings per share. The business's quarterly revenue was up 5.5% compared to the same quarter last year. As a group, research analysts anticipate 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 will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be issued a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.48%. The ex-dividend date is Thursday, March 27th. Vail Resorts's dividend payout ratio (DPR) is currently 130.21%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Morgan Stanley cut their target price on Vail Resorts from $197.00 to $178.00 and set an "equal weight" rating on the stock in a research note on Tuesday, March 11th. StockNews.com upgraded shares of Vail Resorts from a "sell" rating to a "hold" rating in a research report on Friday, December 13th. Macquarie decreased their price objective on shares of Vail Resorts from $195.00 to $185.00 and set a "neutral" rating for the company in a report on Wednesday, March 12th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Vail Resorts from $185.00 to $196.00 and gave the stock a "hold" rating in a report on Monday, December 9th. Finally, Truist Financial decreased their price target on shares of Vail Resorts from $250.00 to $247.00 and set a "buy" rating for the company in a report on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $193.56.

Insider Transactions at Vail Resorts

In related news, CFO Angela A. Korch bought 185 shares of Vail Resorts stock in a transaction on Thursday, March 13th. The stock was acquired at an average price of $160.00 per share, with a total value of $29,600.00. Following the acquisition, the chief financial officer now directly owns 2,956 shares of the company's stock, valued at $472,960. This represents a 6.68 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.20% of the stock is currently owned by company insiders.

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.