Dana Investment Advisors Inc. Purchases 2,037 Shares of Vail Resorts, Inc. (NYSE:MTN)

Dana Investment Advisors Inc. grew its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 18.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,351 shares of the company’s stock after purchasing an additional 2,037 shares during the period. Dana Investment Advisors Inc.’s holdings in Vail Resorts were worth $2,503,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Aigen Investment Management LP bought a new stake in Vail Resorts during the fourth quarter worth about $728,000. Atria Investments Inc lifted its stake in Vail Resorts by 1.6% during the fourth quarter. Atria Investments Inc now owns 6,977 shares of the company’s stock worth $1,308,000 after purchasing an additional 113 shares during the last quarter. Victory Capital Management Inc. lifted its stake in Vail Resorts by 3.5% during the fourth quarter. Victory Capital Management Inc. now owns 8,443 shares of the company’s stock worth $1,583,000 after purchasing an additional 286 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in 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 purchasing an additional 47,417 shares during the last quarter. Finally, California First Leasing Corp lifted its stake in Vail Resorts by 24.1% during the fourth quarter. California First Leasing Corp now owns 14,648 shares of the company’s stock worth $2,746,000 after purchasing an additional 2,840 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.

Vail Resorts Stock Up 0.1 %

Shares of NYSE:MTN opened at $157.35 on Friday. Vail Resorts, Inc. has a 1 year low of $153.51 and a 1 year high of $233.57. The company has a market cap of $5.89 billion, a PE ratio of 26.14, a P/E/G ratio of 1.93 and a beta of 1.12. 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 stock’s 50-day moving average is $170.27 and its 200 day moving average is $176.33.

Vail Resorts (NYSE:MTN) last posted its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share 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 firm had revenue of $260.28 million for the quarter, compared to the consensus estimate of $251.45 million. During the same quarter in the prior year, the business earned ($4.60) EPS. The business’s revenue for the quarter was up .7% on a year-over-year basis. Sell-side analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were issued a dividend of $2.22 per share. The ex-dividend date was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.64%. Vail Resorts’s dividend payout ratio (DPR) is 147.51%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MTN. Barclays boosted their target price on Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a research note on Tuesday, December 10th. Truist Financial lowered their target price on Vail Resorts from $250.00 to $247.00 and set a “buy” rating for the company in a research note on Tuesday, December 10th. Morgan Stanley reissued an “equal weight” rating and issued a $197.00 target price on shares of Vail Resorts in a research note on Monday, December 23rd. JPMorgan Chase & Co. lowered their target price on Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a research note on Friday, January 17th. Finally, UBS Group began coverage on Vail Resorts in a research note on Thursday, November 14th. They issued a “neutral” rating and a $185.00 target price for the company. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $204.50.

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.