Vail Resorts, Inc. (NYSE:MTN) Shares Purchased by Atria Investments Inc

Atria Investments Inc grew its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 1.6% in the 4th quarter, Holdings Channel reports. The fund owned 6,977 shares of the company’s stock after acquiring an additional 113 shares during the period. Atria Investments Inc’s holdings in Vail Resorts were worth $1,308,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of MTN. Victory Capital Management Inc. grew its stake in Vail Resorts by 3.5% during the 4th quarter. Victory Capital Management Inc. now owns 8,443 shares of the company’s stock valued at $1,583,000 after purchasing an additional 286 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Vail Resorts by 4.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,202,176 shares of the company’s stock worth $225,348,000 after buying an additional 47,417 shares in the last quarter. California First Leasing Corp increased its stake in shares of Vail Resorts by 24.1% in the fourth quarter. California First Leasing Corp now owns 14,648 shares of the company’s stock worth $2,746,000 after buying an additional 2,840 shares during the last quarter. Mutual of America Capital Management LLC increased its stake in shares of 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 worth $24,946,000 after buying an additional 79,183 shares during the last quarter. Finally, VELA Investment Management LLC raised its holdings in Vail Resorts by 7.3% in the fourth quarter. VELA Investment Management LLC now owns 1,902 shares of the company’s stock valued at $357,000 after acquiring an additional 130 shares in the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. UBS Group initiated coverage on shares of Vail Resorts in a research report on Thursday, November 14th. They issued a “neutral” rating and a $185.00 target price for the company. JPMorgan Chase & Co. boosted their price objective on Vail Resorts from $166.00 to $167.00 and gave the company an “underweight” rating in a report on Tuesday. Stifel Nicolaus upped 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. Deutsche Bank Aktiengesellschaft lifted their target price on Vail Resorts from $185.00 to $196.00 and gave the stock a “hold” rating in a research report on Monday, December 9th. Finally, StockNews.com raised Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Vail Resorts has an average rating of “Hold” and an average price target of $194.67.

Vail Resorts Price Performance

Shares of NYSE MTN opened at $165.76 on Wednesday. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. The firm has a market capitalization of $6.21 billion, a PE ratio of 27.53, a P/E/G ratio of 1.93 and a beta of 1.12. Vail Resorts, Inc. has a 1-year low of $151.99 and a 1-year high of $233.57. The business’s fifty day moving average price is $168.46 and its two-hundred day moving average price is $175.96.

Vail Resorts (NYSE:MTN) last released its quarterly earnings data on Monday, March 10th. The company reported $6.56 earnings per share for the quarter, topping analysts’ consensus estimates of $6.29 by $0.27. The business had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $5.76 EPS. On average, research analysts expect that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be issued a dividend of $2.22 per share. The ex-dividend date is Thursday, March 27th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.36%. Vail Resorts’s dividend payout ratio (DPR) is presently 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.