Allworth Financial LP Has $124,000 Position in Vail Resorts, Inc. (NYSE:MTN)

Allworth Financial LP grew its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 375.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 661 shares of the company’s stock after buying an additional 522 shares during the period. Allworth Financial LP’s holdings in Vail Resorts were worth $124,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Miracle Mile Advisors LLC increased its holdings in shares of Vail Resorts by 3.2% during the fourth quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company’s stock worth $398,000 after buying an additional 65 shares in the last quarter. Raleigh Capital Management Inc. boosted its stake in Vail Resorts by 20.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 393 shares of the company’s stock valued at $74,000 after acquiring an additional 67 shares during the last quarter. Accretive Wealth Partners LLC boosted its stake in Vail Resorts by 1.5% in the fourth quarter. Accretive Wealth Partners LLC now owns 5,294 shares of the company’s stock valued at $992,000 after acquiring an additional 80 shares during the last quarter. UMB Bank n.a. boosted its position in shares of Vail Resorts by 37.9% during the fourth quarter. UMB Bank n.a. now owns 302 shares of the company’s stock worth $57,000 after purchasing an additional 83 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its position in shares of Vail Resorts by 27.6% during the third quarter. Creative Financial Designs Inc. ADV now owns 412 shares of the company’s stock worth $72,000 after purchasing an additional 89 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Analyst Ratings Changes

MTN has been the topic of a number of research analyst reports. JPMorgan Chase & Co. dropped their price objective 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. Barclays lifted their price target on shares of Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a research note on Tuesday, December 10th. UBS Group began coverage on shares of Vail Resorts in a research note on Thursday, November 14th. They issued a “neutral” rating and a $185.00 price target on the stock. 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. Finally, Stifel Nicolaus lifted their price objective on shares of Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. 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’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $204.50.

Vail Resorts Stock Performance

NYSE:MTN opened at $158.36 on Monday. The stock has a 50-day simple moving average of $175.83 and a two-hundred day simple moving average of $177.40. Vail Resorts, Inc. has a 52-week low of $156.60 and a 52-week high of $236.92. 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 firm has a market capitalization of $5.93 billion, a PE ratio of 26.31, a P/E/G ratio of 1.93 and a beta of 1.11.

Vail Resorts (NYSE:MTN) last announced its quarterly 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. 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 analyst estimates of $251.45 million. During the same period in the prior year, the company earned ($4.60) earnings per share. The firm’s revenue was up .7% on a year-over-year basis. Analysts forecast that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were issued a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a yield of 5.61%. The ex-dividend date was Thursday, December 26th. Vail Resorts’s payout ratio is 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.