Vail Resorts, Inc. (NYSE:MTN) Holdings Raised by Principal Securities Inc.

Principal Securities Inc. boosted its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 15.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,694 shares of the company’s stock after buying an additional 223 shares during the period. Principal Securities Inc.’s holdings in Vail Resorts were worth $318,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Creative Planning raised its holdings in shares of Vail Resorts by 16.3% during the third quarter. Creative Planning now owns 2,522 shares of the company’s stock valued at $440,000 after acquiring an additional 354 shares during the period. Raymond James & Associates lifted its stake in Vail Resorts by 25.2% in the 3rd quarter. Raymond James & Associates now owns 109,642 shares of the company’s stock worth $19,109,000 after acquiring an additional 22,103 shares in the last quarter. International Assets Investment Management LLC boosted its position in Vail Resorts by 8,290.7% during the 3rd quarter. International Assets Investment Management LLC now owns 40,443 shares of the company’s stock worth $7,049,000 after acquiring an additional 39,961 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in Vail Resorts by 12.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 23,152 shares of the company’s stock valued at $4,181,000 after acquiring an additional 2,485 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in shares of Vail Resorts by 25.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 2,322 shares of the company’s stock valued at $405,000 after purchasing an additional 477 shares during the period. 94.94% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on MTN shares. StockNews.com upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Truist Financial decreased their target price on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating for the company in a research note on Tuesday, December 10th. Barclays upped their price target on shares of Vail Resorts from $155.00 to $165.00 and gave the stock an “underweight” rating in a research note on Tuesday, December 10th. Morgan Stanley reissued an “equal weight” rating and set a $197.00 price objective on shares of Vail Resorts in a research report on Monday, December 23rd. Finally, UBS Group assumed coverage on Vail Resorts in a research note on Thursday, November 14th. They issued a “neutral” rating and a $185.00 target price on the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $204.50.

Vail Resorts Stock Down 0.2 %

Shares of Vail Resorts stock opened at $158.36 on Friday. The stock has a 50 day moving average price of $175.83 and a two-hundred day moving average price of $177.33. 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, Inc. has a 12-month low of $156.60 and a 12-month high of $236.92. The stock has a market capitalization of $5.93 billion, a P/E ratio of 26.31, a PEG ratio of 1.93 and a beta of 1.11.

Vail Resorts (NYSE:MTN) last announced its earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping the consensus estimate of ($4.99) by $0.38. The firm had revenue of $260.28 million for the quarter, compared to the consensus estimate of $251.45 million. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The business’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter last year, the firm posted ($4.60) EPS. Equities analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current 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 issued a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts’s dividend payout ratio (DPR) is currently 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.