Vail Resorts, Inc. (NYSE:MTN) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its position in Vail Resorts, Inc. (NYSE:MTN) by 4.1% in the 4th quarter, Holdings Channel reports. The firm owned 1,202,176 shares of the company’s stock after acquiring an additional 47,417 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Vail Resorts were worth $225,348,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MTN. Creative Planning raised its position in shares of Vail Resorts by 16.3% in the third quarter. Creative Planning now owns 2,522 shares of the company’s stock valued at $440,000 after buying an additional 354 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Vail Resorts by 29.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,850 shares of the company’s stock valued at $322,000 after acquiring an additional 425 shares in the last quarter. State of Alaska Department of Revenue raised its holdings in Vail Resorts by 7.2% in the 3rd quarter. State of Alaska Department of Revenue now owns 4,410 shares of the company’s stock valued at $768,000 after acquiring an additional 295 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Vail Resorts by 119.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 29,111 shares of the company’s stock valued at $5,074,000 after acquiring an additional 15,862 shares during the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new position in Vail Resorts in the 3rd quarter worth approximately $271,000. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Vail Resorts Price Performance

Vail Resorts stock opened at $156.86 on Friday. The company’s 50 day simple moving average is $170.96 and its 200-day simple moving average is $176.47. 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, Inc. has a 1 year low of $153.51 and a 1 year high of $233.57. The company has a market capitalization of $5.87 billion, a price-to-earnings ratio of 26.06, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last released its quarterly earnings results 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 period in the prior year, the firm earned ($4.60) earnings per share. The firm’s revenue was up .7% compared to the same quarter last year. As a group, equities research analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were issued a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 5.66%. The ex-dividend date was Thursday, December 26th. Vail Resorts’s dividend payout ratio (DPR) is 147.51%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. dropped their price target 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. Deutsche Bank Aktiengesellschaft upped their target price on Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a report on Monday, December 9th. Stifel Nicolaus lifted their price target on Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Morgan Stanley reissued an “equal weight” rating and set a $197.00 price target on shares of Vail Resorts in a research report on Monday, December 23rd. Finally, Truist Financial cut their price objective on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating for the company in a research report on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $204.50.

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.