Whipplewood Advisors LLC Acquires New Shares in Vail Resorts, Inc. (NYSE:MTN)

Whipplewood Advisors LLC acquired a new stake in Vail Resorts, Inc. (NYSE:MTN) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,000 shares of the company’s stock, valued at approximately $187,000.

A number of other hedge funds have also recently made changes to their positions in MTN. Capital Performance Advisors LLP acquired a new stake in shares of Vail Resorts during the third quarter valued at about $25,000. Heck Capital Advisors LLC acquired a new stake in shares of Vail Resorts during the fourth quarter valued at about $33,000. Blue Trust Inc. boosted its stake in shares of Vail Resorts by 246.7% during the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock valued at $36,000 after purchasing an additional 148 shares in the last quarter. Eagle Bay Advisors LLC acquired a new stake in shares of Vail Resorts during the fourth quarter valued at about $40,000. Finally, Venturi Wealth Management LLC boosted its stake in shares of Vail Resorts by 165.3% during the third quarter. Venturi Wealth Management LLC now owns 321 shares of the company’s stock valued at $56,000 after purchasing an additional 200 shares in the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MTN has been the topic of a number of recent research reports. Mizuho lifted their price target on Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Barclays raised their price objective on Vail Resorts from $155.00 to $165.00 and gave the stock an “underweight” rating in a research report on Tuesday, December 10th. UBS Group assumed coverage on Vail Resorts in a research report on Thursday, November 14th. They set a “neutral” rating and a $185.00 price objective for the company. Truist Financial lowered their price objective on Vail Resorts from $250.00 to $247.00 and set a “buy” rating for the company in a research report on Tuesday, December 10th. Finally, Macquarie raised their price objective on Vail Resorts from $180.00 to $195.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 11th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Vail Resorts has an average rating of “Hold” and an average price target of $204.50.

Vail Resorts Stock Performance

Shares of MTN opened at $155.73 on Friday. The firm has a market cap of $5.83 billion, a PE ratio of 25.87, a PEG ratio of 1.93 and a beta of 1.11. The stock’s fifty day moving average price is $173.49 and its two-hundred day moving average price is $176.91. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. Vail Resorts, Inc. has a 1 year low of $154.27 and a 1 year high of $235.81.

Vail Resorts (NYSE:MTN) last issued its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, beating the consensus estimate of ($4.99) by $0.38. The firm had revenue of $260.28 million for the quarter, compared to analyst estimates of $251.45 million. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The business’s revenue was up .7% on a year-over-year basis. During the same period in the previous year, the company posted ($4.60) earnings per share. On average, equities research analysts forecast that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were paid a dividend of $2.22 per share. The ex-dividend date was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.70%. Vail Resorts’s payout ratio is 147.51%.

Vail Resorts 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.