Vail Resorts, Inc. (NYSE:MTN) Shares Bought by Xponance Inc.

Xponance Inc. grew its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 2.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,133 shares of the company’s stock after purchasing an additional 196 shares during the period. Xponance Inc.’s holdings in Vail Resorts were worth $1,337,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Alberta Investment Management Corp acquired a new stake in shares of Vail Resorts in the fourth quarter valued at $3,134,000. Western Pacific Wealth Management LP purchased a new position in Vail Resorts in the fourth quarter valued at $291,000. Stifel Financial Corp boosted its holdings in Vail Resorts by 47.6% in the third quarter. Stifel Financial Corp now owns 21,131 shares of the company’s stock valued at $3,683,000 after purchasing an additional 6,816 shares during the period. Mutual of America Capital Management LLC boosted its holdings in Vail Resorts by 146.9% in the fourth quarter. Mutual of America Capital Management LLC now owns 133,082 shares of the company’s stock valued at $24,946,000 after purchasing an additional 79,183 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of Vail Resorts by 17.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 27,232 shares of the company’s stock worth $5,187,000 after buying an additional 4,080 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Vail Resorts Price Performance

Vail Resorts stock opened at $160.43 on Friday. Vail Resorts, Inc. has a one year low of $151.99 and a one year high of $233.57. 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 business has a fifty day moving average of $165.52 and a two-hundred day moving average of $174.87. The company has a market cap of $5.99 billion, a P/E ratio of 26.65, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings results 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 business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter last year, the business posted $5.76 earnings per share. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, analysts predict that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors 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 yield of 5.54%. The ex-dividend date of this dividend is Thursday, March 27th. Vail Resorts’s dividend payout ratio is presently 130.21%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Barclays restated an “underweight” rating and set a $152.00 target price (down from $165.00) on shares of Vail Resorts in a research note on Monday, March 10th. Stifel Nicolaus increased their price target on shares of Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft increased their price objective on Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a report on Monday, December 9th. Truist Financial decreased their price objective on Vail Resorts from $250.00 to $247.00 and set a “buy” rating for the company in a report on Tuesday, December 10th. Finally, StockNews.com raised Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $193.56.

Insider Buying and Selling

In related news, CFO Angela A. Korch acquired 185 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The stock was purchased at an average price of $160.00 per share, for a total transaction of $29,600.00. Following the transaction, the chief financial officer now owns 2,956 shares in the company, valued at $472,960. This trade represents a 6.68 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.20% of the stock is currently owned by company insiders.

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.