Dana Investment Advisors Inc. Buys 2,037 Shares of Vail Resorts, Inc. (NYSE:MTN)

Dana Investment Advisors Inc. increased its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 18.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,351 shares of the company’s stock after acquiring an additional 2,037 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Vail Resorts were worth $2,503,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Miracle Mile Advisors LLC lifted its holdings in 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 acquiring an additional 65 shares during the period. Raleigh Capital Management Inc. lifted its holdings in Vail Resorts by 20.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 393 shares of the company’s stock worth $74,000 after acquiring an additional 67 shares during the period. Accretive Wealth Partners LLC increased its position in Vail Resorts by 1.5% in the fourth quarter. Accretive Wealth Partners LLC now owns 5,294 shares of the company’s stock worth $992,000 after buying an additional 80 shares during the last quarter. UMB Bank n.a. increased its position in Vail Resorts by 37.9% in the fourth quarter. UMB Bank n.a. now owns 302 shares of the company’s stock worth $57,000 after buying an additional 83 shares during the last quarter. Finally, Argonautica Private Wealth Management Inc. increased its position in Vail Resorts by 6.9% in the fourth quarter. Argonautica Private Wealth Management Inc. now owns 1,478 shares of the company’s stock worth $277,000 after buying an additional 96 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on MTN shares. Barclays raised their target price on Vail Resorts from $155.00 to $165.00 and gave the stock an “underweight” rating in a research report on Tuesday, December 10th. Stifel Nicolaus raised their target price on Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. StockNews.com raised Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Morgan Stanley reissued an “equal weight” rating and issued a $197.00 target price on shares of Vail Resorts in a research report on Monday, December 23rd. Finally, JPMorgan Chase & Co. decreased their target price on Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a research report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $204.50.

Vail Resorts Price Performance

Shares of NYSE MTN opened at $157.35 on Friday. The stock has a market cap of $5.89 billion, a PE ratio of 26.14, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. Vail Resorts, Inc. has a fifty-two week low of $153.51 and a fifty-two week high of $233.57. The stock has a fifty day moving average of $170.27 and a 200-day moving average of $176.33. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings data 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 company had revenue of $260.28 million during 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 firm’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter last year, the company earned ($4.60) earnings per share. Equities research analysts anticipate that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The firm 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. This represents a $8.88 annualized dividend and a yield of 5.64%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts’s dividend 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.