Blue Trust Inc. Raises Holdings in Vail Resorts, Inc. (NYSE:MTN)

Blue Trust Inc. grew its stake in Vail Resorts, Inc. (NYSE:MTN) by 246.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 208 shares of the company’s stock after buying an additional 148 shares during the quarter. Blue Trust Inc.’s holdings in Vail Resorts were worth $36,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Miracle Mile Advisors LLC grew its holdings in Vail Resorts by 3.2% during the 4th quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company’s stock worth $398,000 after acquiring an additional 65 shares in the last quarter. Raleigh Capital Management Inc. grew its stake in shares of Vail Resorts by 20.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 393 shares of the company’s stock worth $74,000 after purchasing an additional 67 shares in the last quarter. UMB Bank n.a. increased its holdings in Vail Resorts by 37.9% in the fourth quarter. UMB Bank n.a. now owns 302 shares of the company’s stock valued at $57,000 after buying an additional 83 shares during the last quarter. Creative Financial Designs Inc. ADV raised its stake in Vail Resorts by 27.6% in the third quarter. Creative Financial Designs Inc. ADV now owns 412 shares of the company’s stock valued at $72,000 after buying an additional 89 shares in the last quarter. Finally, Malaga Cove Capital LLC raised its stake in Vail Resorts by 1.3% in the third quarter. Malaga Cove Capital LLC now owns 9,673 shares of the company’s stock valued at $1,686,000 after buying an additional 124 shares in the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Stifel Nicolaus increased their price objective on Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Truist Financial cut their price objective on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating on the stock in a report on Tuesday, December 10th. Mizuho upped their target price on shares of Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. Macquarie lifted their price target on shares of Vail Resorts from $180.00 to $195.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 11th. Finally, StockNews.com upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating in a research note on Friday, December 13th. 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’s stock. According to MarketBeat.com, Vail Resorts currently has a consensus rating of “Hold” and an average price target of $204.50.

Vail Resorts Stock Performance

Shares of MTN opened at $167.95 on Monday. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64. Vail Resorts, Inc. has a 52-week low of $165.00 and a 52-week high of $236.92. The company has a 50-day simple moving average of $181.10 and a 200-day simple moving average of $178.41. The company has a market capitalization of $6.29 billion, a PE ratio of 27.90, a P/E/G ratio of 2.07 and a beta of 1.11.

Vail Resorts (NYSE:MTN) last issued its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($4.99) by $0.38. The company had revenue of $260.28 million during the quarter, compared to analysts’ expectations of $251.45 million. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the company posted ($4.60) earnings per share. Equities research analysts predict that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

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 $2.22 dividend. This represents a $8.88 annualized dividend and a yield of 5.29%. The ex-dividend date was Thursday, December 26th. Vail Resorts’s dividend payout ratio (DPR) is 147.51%.

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.