Vail Resorts, Inc. (NYSE:MTN) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. decreased its holdings in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 0.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,648,293 shares of the company's stock after selling 7,143 shares during the quarter. Principal Financial Group Inc. owned about 4.40% of Vail Resorts worth $308,973,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in shares of Vail Resorts in the third quarter valued at about $25,000. Capital Performance Advisors LLP acquired a new position in Vail Resorts in the 3rd quarter valued at about $25,000. Heck Capital Advisors LLC purchased a new stake in Vail Resorts during the 4th quarter valued at approximately $33,000. Blue Trust Inc. grew its stake in shares of Vail Resorts by 246.7% in the 4th 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 last quarter. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of Vail Resorts during the fourth quarter worth approximately $40,000. Institutional investors and hedge funds own 94.94% of the company's stock.

Analysts Set New Price Targets

MTN has been the topic of a number of recent analyst reports. Stifel Nicolaus upped their price objective on Vail Resorts from $216.00 to $217.00 and gave the stock a "buy" rating in a report on Tuesday, December 10th. Truist Financial lowered 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. JPMorgan Chase & Co. reduced their price objective on shares of Vail Resorts from $176.00 to $166.00 and set an "underweight" rating for the company in a research note on Friday, January 17th. StockNews.com upgraded shares of Vail Resorts from a "sell" rating to a "hold" rating in a research report on Friday, December 13th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Vail Resorts from $185.00 to $196.00 and gave the company a "hold" rating in a research report on Monday, December 9th. 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 company's stock. Based on data from MarketBeat.com, Vail Resorts currently has an average rating of "Hold" and a consensus target price of $204.50.

Vail Resorts Price Performance

Shares of MTN traded down $1.73 during trading hours on Thursday, reaching $158.43. 412,198 shares of the company traded hands, compared to its average volume of 608,873. The stock has a fifty day simple moving average of $176.47 and a 200 day simple moving average of $177.37. Vail Resorts, Inc. has a fifty-two week low of $158.27 and a fifty-two week high of $236.92. The stock has a market capitalization of $5.93 billion, a PE ratio of 26.32, a price-to-earnings-growth ratio of 1.96 and a beta of 1.11. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64.

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 for the quarter, beating analysts' consensus estimates of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The business had revenue of $260.28 million during the quarter, compared to analyst estimates of $251.45 million. During the same quarter in the previous year, the business posted ($4.60) earnings per share. The company's revenue was up .7% on a year-over-year basis. As a group, research analysts predict that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were paid a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.61%. 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.