Diversify Advisory Services LLC Takes $234,000 Position in Vail Resorts, Inc. (NYSE:MTN)

Diversify Advisory Services LLC purchased a new position in shares of Vail Resorts, Inc. (NYSE:MTN) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,304 shares of the company’s stock, valued at approximately $234,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC purchased a new stake in shares of Vail Resorts during the third quarter worth about $25,000. Capital Performance Advisors LLP purchased a new stake in Vail Resorts during the 3rd quarter worth approximately $25,000. UMB Bank n.a. raised its position in shares of Vail Resorts by 123.5% in the 3rd quarter. UMB Bank n.a. now owns 219 shares of the company’s stock valued at $38,000 after purchasing an additional 121 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in shares of Vail Resorts during the 4th quarter valued at approximately $40,000. Finally, Venturi Wealth Management LLC grew its position in shares of Vail Resorts by 165.3% during the third quarter. Venturi Wealth Management LLC now owns 321 shares of the company’s stock worth $56,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on MTN shares. Morgan Stanley reiterated an “equal weight” rating and set a $197.00 price objective on shares of Vail Resorts in a research note on Monday, December 23rd. Truist Financial decreased their price target 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. Barclays increased their target price on Vail Resorts from $155.00 to $165.00 and gave the stock an “underweight” rating in a report on Tuesday, December 10th. StockNews.com upgraded Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Finally, Mizuho lifted their price objective on shares of Vail Resorts from $222.00 to $227.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Vail Resorts currently has a consensus rating of “Hold” and a consensus price target of $204.50.

Vail Resorts Stock Down 0.8 %

Vail Resorts stock opened at $168.59 on Friday. 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 one year low of $165.00 and a one year high of $236.92. The company has a 50-day simple moving average of $183.53 and a 200-day simple moving average of $179.16. The firm has a market capitalization of $6.31 billion, a P/E ratio of 28.01, a P/E/G ratio of 2.24 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, beating the consensus estimate of ($4.99) by $0.38. The company had revenue of $260.28 million for the quarter, compared to analyst estimates of $251.45 million. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. Vail Resorts’s revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business earned ($4.60) earnings per share. As a group, equities analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were given 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 yield of 5.27%. 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.