Orion Portfolio Solutions LLC Trims Holdings in Vail Resorts, Inc. (NYSE:MTN)

Orion Portfolio Solutions LLC lessened its stake in Vail Resorts, Inc. (NYSE:MTN) by 14.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 5,976 shares of the company’s stock after selling 1,037 shares during the period. Orion Portfolio Solutions LLC’s holdings in Vail Resorts were worth $1,120,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MTN. Miracle Mile Advisors LLC grew its stake in shares of Vail Resorts by 3.2% in the fourth quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company’s stock valued at $398,000 after buying an additional 65 shares in the last quarter. Raleigh Capital Management Inc. boosted its holdings in Vail Resorts by 20.6% during the 4th 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 period. Accretive Wealth Partners LLC grew its position in Vail Resorts by 1.5% in the 4th 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 in the last quarter. UMB Bank n.a. increased its stake in 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 during the period. Finally, Argonautica Private Wealth Management Inc. increased its stake in Vail Resorts by 6.9% during the fourth quarter. Argonautica Private Wealth Management Inc. now owns 1,478 shares of the company’s stock worth $277,000 after purchasing an additional 96 shares during the period. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Truist Financial dropped their price objective on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating for the company in a report on Tuesday, December 10th. StockNews.com upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating in a research note on Friday, December 13th. Stifel Nicolaus increased their price objective on Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. JPMorgan Chase & Co. boosted their target price on Vail Resorts from $166.00 to $167.00 and gave the stock an “underweight” rating in a research note on Tuesday, March 11th. Finally, Mizuho reduced their price target on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating on the stock in a research report 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 stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $193.56.

Insider Activity

In other news, CFO Angela A. Korch purchased 185 shares of the business’s 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 completion of the transaction, 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.20% of the company’s stock.

Vail Resorts Price Performance

Shares of NYSE MTN opened at $144.94 on Friday. The stock’s 50-day simple moving average is $161.95 and its 200-day simple moving average is $173.37. 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 $5.41 billion, a PE ratio of 24.08, a price-to-earnings-growth ratio of 1.93 and a beta of 0.93. Vail Resorts, Inc. has a fifty-two week low of $144.83 and a fifty-two week high of $233.57.

Vail Resorts (NYSE:MTN) last issued its earnings results on Monday, March 10th. The company reported $6.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.29 by $0.27. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the prior year, the business posted $5.76 EPS. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, equities research analysts forecast that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be given a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a dividend yield of 6.13%. The ex-dividend date of this dividend is Thursday, March 27th. Vail Resorts’s dividend payout ratio (DPR) is currently 130.21%.

About Vail Resorts

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.