Vail Resorts, Inc. (NYSE:MTN) Shares Sold by Amundi

Amundi lessened its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 7.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 845 shares of the company’s stock after selling 65 shares during the period. Amundi’s holdings in Vail Resorts were worth $152,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Heck Capital Advisors LLC purchased a new position in shares of Vail Resorts in the 4th quarter worth about $33,000. Blue Trust Inc. raised its holdings in shares of Vail Resorts by 246.7% in the 4th quarter. Blue Trust Inc. now owns 208 shares of the company’s stock worth $36,000 after purchasing an additional 148 shares during the period. Eagle Bay Advisors LLC purchased a new position in shares of Vail Resorts in the 4th quarter worth about $40,000. UMB Bank n.a. raised its holdings in shares of Vail Resorts by 37.9% in the 4th quarter. UMB Bank n.a. now owns 302 shares of the company’s stock worth $57,000 after purchasing an additional 83 shares during the period. Finally, Quarry LP raised its holdings in shares of Vail Resorts by 418.6% in the 3rd quarter. Quarry LP now owns 363 shares of the company’s stock worth $63,000 after purchasing an additional 293 shares during the period. 94.94% of the stock is currently owned by hedge funds and other institutional investors.

Vail Resorts Price Performance

Shares of NYSE MTN opened at $160.43 on Friday. Vail Resorts, Inc. has a fifty-two week low of $151.99 and a fifty-two week high of $233.57. The business has a 50 day moving average price of $165.52 and a two-hundred day moving average price of $174.94. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64. The firm has a market cap of $5.99 billion, a PE ratio of 26.65, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Monday, March 10th. The company reported $6.56 earnings per share for the quarter, beating analysts’ consensus estimates of $6.29 by $0.27. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the firm earned $5.76 EPS. Vail Resorts’s quarterly revenue was up 5.5% on a year-over-year basis. Sell-side analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th will be paid a dividend of $2.22 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $8.88 dividend on an annualized basis and a yield of 5.54%. Vail Resorts’s dividend payout ratio (DPR) is presently 130.21%.

Insider Buying and Selling at Vail Resorts

In other news, CFO Angela A. Korch bought 185 shares of Vail Resorts stock in a transaction on Thursday, March 13th. The shares were bought 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 in the company, valued at approximately $472,960. This represents a 6.68 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on MTN shares. Truist Financial cut their price objective on Vail Resorts from $250.00 to $247.00 and set a “buy” rating on the stock in a report on Tuesday, December 10th. Stifel Nicolaus raised 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. Mizuho lowered their target price on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating for the company in a research note on Tuesday, March 11th. Macquarie lowered their target price on Vail Resorts from $195.00 to $185.00 and set a “neutral” rating for the company in a research note on Wednesday, March 12th. Finally, JPMorgan Chase & Co. increased their target price on Vail Resorts from $166.00 to $167.00 and gave the company an “underweight” rating in a research note on Tuesday, March 11th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $193.56.

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.