Heck Capital Advisors LLC Makes New $33,000 Investment in Vail Resorts, Inc. (NYSE:MTN)

Heck Capital Advisors LLC purchased a new position in Vail Resorts, Inc. (NYSE:MTN) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 175 shares of the company’s stock, valued at approximately $33,000.

Other hedge funds have also recently modified their holdings of the company. Stifel Financial Corp lifted its holdings in shares of Vail Resorts by 47.6% in the third quarter. Stifel Financial Corp now owns 21,131 shares of the company’s stock worth $3,683,000 after buying an additional 6,816 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Vail Resorts by 409.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 4,538 shares of the company’s stock worth $861,000 after buying an additional 3,648 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Vail Resorts by 1.3% in the third quarter. Geode Capital Management LLC now owns 649,624 shares of the company’s stock worth $113,252,000 after buying an additional 8,422 shares in the last quarter. Green Alpha Advisors LLC lifted its holdings in shares of Vail Resorts by 101.3% in the fourth quarter. Green Alpha Advisors LLC now owns 6,112 shares of the company’s stock worth $1,146,000 after buying an additional 3,075 shares in the last quarter. Finally, River Road Asset Management LLC lifted its holdings in shares of Vail Resorts by 606.6% in the third quarter. River Road Asset Management LLC now owns 341,311 shares of the company’s stock worth $59,487,000 after buying an additional 293,006 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Vail Resorts Trading Down 1.1 %

NYSE MTN opened at $168.31 on Tuesday. The company’s 50-day moving average price is $182.19 and its 200-day moving average price is $178.76. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. The stock has a market cap of $6.30 billion, a PE ratio of 27.96, a PEG ratio of 2.07 and a beta of 1.11. Vail Resorts, Inc. has a 12 month low of $165.00 and a 12 month high of $236.92.

Vail Resorts (NYSE:MTN) last posted 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 net margin of 8.07% and a return on equity of 21.90%. The firm 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 business posted ($4.60) earnings per share. The business’s revenue for the quarter was up .7% on a year-over-year basis. Equities research analysts forecast that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The firm 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. This represents a $8.88 annualized dividend and a yield of 5.28%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts’s payout ratio is 147.51%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Barclays upped their price target on shares of 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 decreased 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. JPMorgan Chase & Co. decreased their price target on shares of Vail Resorts from $176.00 to $166.00 and set an “underweight” rating on the stock in a research note on Friday, January 17th. Stifel Nicolaus upped their price target on shares of Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $197.00 price target on shares of Vail Resorts in a research note on Monday, December 23rd. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Vail Resorts currently has an average rating of “Hold” and a consensus target price of $204.50.

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.