Vail Resorts, Inc. (NYSE:MTN) Shares Sold by Doliver Advisors LP

Doliver Advisors LP trimmed its stake in Vail Resorts, Inc. (NYSE:MTN) by 3.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 3,903 shares of the company’s stock after selling 146 shares during the quarter. Doliver Advisors LP’s holdings in Vail Resorts were worth $732,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Commonwealth Equity Services LLC boosted its stake in shares of Vail Resorts by 507.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 11,380 shares of the company’s stock worth $2,050,000 after purchasing an additional 9,506 shares during the last quarter. Arizona State Retirement System grew its stake in Vail Resorts by 1.8% in the 2nd quarter. Arizona State Retirement System now owns 10,628 shares of the company’s stock worth $1,914,000 after acquiring an additional 185 shares during the period. Fairbanks Capital Management Inc. raised its holdings in Vail Resorts by 2.5% in the 2nd quarter. Fairbanks Capital Management Inc. now owns 2,563 shares of the company’s stock valued at $462,000 after acquiring an additional 63 shares during the last quarter. Provident Investment Management Inc. raised its holdings in Vail Resorts by 9.7% in the 2nd quarter. Provident Investment Management Inc. now owns 4,511 shares of the company’s stock valued at $813,000 after acquiring an additional 400 shares during the last quarter. Finally, Malaga Cove Capital LLC lifted its stake in shares of Vail Resorts by 6.0% during the 2nd quarter. Malaga Cove Capital LLC now owns 9,549 shares of the company’s stock worth $1,720,000 after purchasing an additional 537 shares during the period. 94.94% of the stock is currently owned by hedge funds and other institutional investors.

Vail Resorts Stock Up 0.3 %

Shares of NYSE:MTN traded up $0.53 during midday trading on Monday, hitting $179.47. 305,323 shares of the company’s stock traded hands, compared to its average volume of 744,302. The firm’s fifty day moving average price is $182.20 and its two-hundred day moving average price is $179.07. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.71 and a current ratio of 0.63. Vail Resorts, Inc. has a twelve month low of $165.00 and a twelve month high of $236.92. The company has a market cap of $6.72 billion, a PE ratio of 29.81, a P/E/G ratio of 2.22 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping analysts’ consensus estimates of ($4.99) by $0.38. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The company had revenue of $260.28 million for the quarter, compared to analysts’ expectations of $251.45 million. During the same quarter in the previous year, the firm posted ($4.60) earnings per share. The firm’s quarterly revenue was up .7% on a year-over-year basis. On average, equities research analysts anticipate that Vail Resorts, Inc. will post 7.49 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th will be given a $2.22 dividend. This represents a $8.88 annualized dividend and a yield of 4.95%. The ex-dividend date is Thursday, December 26th. Vail Resorts’s dividend payout ratio (DPR) is 147.51%.

Analysts Set New Price Targets

Several equities analysts recently commented on MTN shares. Morgan Stanley reiterated an “equal weight” rating and issued a $197.00 target price on shares of Vail Resorts in a research note on Monday, December 23rd. Macquarie increased their price objective on shares of Vail Resorts from $180.00 to $195.00 and gave the stock a “neutral” rating in a report on Wednesday, December 11th. StockNews.com upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Truist Financial cut their price target on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating on the stock in a research note on Tuesday, December 10th. Finally, UBS Group started coverage on shares of Vail Resorts in a research note on Thursday, November 14th. They set a “neutral” rating and a $185.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $205.50.

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.