Marathon Asset Management Ltd Sells 5,287 Shares of Vail Resorts, Inc. (NYSE:MTN)

Marathon Asset Management Ltd trimmed its position in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 6.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,251 shares of the company's stock after selling 5,287 shares during the quarter. Marathon Asset Management Ltd owned approximately 0.21% of Vail Resorts worth $15,205,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MTN. Alberta Investment Management Corp bought a new position in Vail Resorts in the 4th quarter worth about $3,134,000. Western Pacific Wealth Management LP bought a new position in shares of Vail Resorts in the fourth quarter worth approximately $291,000. Stifel Financial Corp raised its stake in Vail Resorts by 47.6% in the third quarter. Stifel Financial Corp now owns 21,131 shares of the company's stock valued at $3,683,000 after purchasing an additional 6,816 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Vail Resorts by 17.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 27,232 shares of the company's stock valued at $5,187,000 after purchasing an additional 4,080 shares during the last quarter. Finally, Mutual of America Capital Management LLC grew its stake in Vail Resorts by 146.9% in the 4th quarter. Mutual of America Capital Management LLC now owns 133,082 shares of the company's stock worth $24,946,000 after buying an additional 79,183 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors.

Vail Resorts Trading Down 0.5 %

MTN stock traded down $0.83 during trading on Thursday, reaching $156.86. The company had a trading volume of 498,155 shares, compared to its average volume of 552,309. The company has a market cap of $5.87 billion, a P/E ratio of 26.06, a PEG ratio of 1.93 and a beta of 1.12. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. The business has a 50 day moving average of $170.96 and a 200 day moving average of $176.47. Vail Resorts, Inc. has a 52 week low of $153.51 and a 52 week high of $235.81.

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

Vail Resorts Announces Dividend

The firm also recently announced 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 5.66%. The ex-dividend date was Thursday, December 26th. Vail Resorts's dividend payout ratio is 147.51%.

Analysts Set New Price Targets

MTN has been the topic of several research reports. Truist Financial lowered their price objective on shares of Vail Resorts from $250.00 to $247.00 and set a "buy" rating on the stock in a research report on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft upped 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. JPMorgan Chase & Co. decreased their price objective on Vail Resorts from $176.00 to $166.00 and set an "underweight" rating on the stock in a report on Friday, January 17th. Stifel Nicolaus boosted their target price on Vail Resorts from $216.00 to $217.00 and gave the company a "buy" rating in a research note on Tuesday, December 10th. Finally, Mizuho raised their price target on Vail Resorts from $222.00 to $227.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $204.50.

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.