Natixis Advisors LLC Trims Stock Position in Vail Resorts, Inc. (NYSE:MTN)

Natixis Advisors LLC reduced its stake in Vail Resorts, Inc. (NYSE:MTN) by 9.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,817 shares of the company’s stock after selling 1,754 shares during the quarter. Natixis Advisors LLC’s holdings in Vail Resorts were worth $3,152,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MTN. Heck Capital Advisors LLC acquired a new stake in shares of Vail Resorts during the fourth quarter worth $33,000. Blue Trust Inc. boosted its holdings in shares of Vail Resorts by 246.7% in the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock valued at $36,000 after acquiring an additional 148 shares in the last quarter. Eagle Bay Advisors LLC acquired a new position in shares of Vail Resorts during the fourth quarter worth about $40,000. UMB Bank n.a. raised its holdings 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 in the last quarter. Finally, Quarry LP raised its holdings in Vail Resorts by 418.6% during the third quarter. Quarry LP now owns 363 shares of the company’s stock worth $63,000 after purchasing an additional 293 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Vail Resorts Stock Down 0.0 %

Shares of NYSE MTN opened at $160.43 on Friday. 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’s 50-day moving average is $165.52 and its two-hundred day moving average is $174.87. Vail Resorts, Inc. has a 12-month low of $151.99 and a 12-month high of $233.57. The company has a market capitalization of $5.99 billion, a PE ratio of 26.65, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last posted its earnings results on Monday, March 10th. The company reported $6.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.29 by $0.27. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.14 billion. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. Vail Resorts’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.76 EPS. Equities analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS 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 is Thursday, March 27th. Vail Resorts’s dividend payout ratio is presently 130.21%.

Analyst Ratings Changes

Several research firms have issued reports on MTN. Truist Financial dropped their target price on Vail Resorts from $250.00 to $247.00 and set a “buy” rating on the stock in a research report on Tuesday, December 10th. StockNews.com upgraded Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Barclays restated an “underweight” rating and set a $152.00 target price (down from $165.00) on shares of Vail Resorts in a research report on Monday, March 10th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a report on Monday, December 9th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Vail Resorts from $166.00 to $167.00 and gave the stock an “underweight” rating in a report on Tuesday, March 11th. Two 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. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $193.56.

Insider Activity at Vail Resorts

In other news, CFO Angela A. Korch purchased 185 shares of the stock in a transaction dated Thursday, March 13th. The stock was acquired at an average cost of $160.00 per share, for a total transaction of $29,600.00. Following the completion of the acquisition, the chief financial officer now directly owns 2,956 shares in the company, valued at $472,960. This represents a 6.68 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.20% of the stock is currently owned by corporate insiders.

Vail Resorts Company 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.