Vail Resorts, Inc. (NYSE:MTN) Shares Sold by Nebula Research & Development LLC

Nebula Research & Development LLC trimmed its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 26.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,245 shares of the company’s stock after selling 2,275 shares during the quarter. Nebula Research & Development LLC’s holdings in Vail Resorts were worth $1,171,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Heck Capital Advisors LLC bought a new position in Vail Resorts during the 4th quarter worth $33,000. Blue Trust Inc. boosted its holdings in shares of Vail Resorts by 246.7% during the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock valued at $36,000 after acquiring an additional 148 shares during the period. Eagle Bay Advisors LLC bought a new position in shares of Vail Resorts during the fourth quarter worth about $40,000. GeoWealth Management LLC increased its holdings in shares of Vail Resorts by 162.2% in the 4th quarter. GeoWealth Management LLC now owns 291 shares of the company’s stock worth $55,000 after acquiring an additional 180 shares during the period. Finally, UMB Bank n.a. lifted its position in Vail Resorts by 37.9% in the 4th quarter. UMB Bank n.a. now owns 302 shares of the company’s stock valued at $57,000 after purchasing an additional 83 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO Angela A. Korch bought 185 shares of the business’s stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of $160.00 per share, for a total transaction of $29,600.00. Following the completion of the acquisition, the chief financial officer now directly owns 2,956 shares in the company, valued at approximately $472,960. This represents a 6.68 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.20% of the stock is owned by corporate insiders.

Vail Resorts Stock Up 0.0 %

Shares of NYSE:MTN opened at $140.06 on Friday. Vail Resorts, Inc. has a 52 week low of $129.85 and a 52 week high of $206.38. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63. The company has a market cap of $5.23 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 1.93 and a beta of 0.93. The firm has a 50 day simple moving average of $152.08 and a 200 day simple moving average of $168.55.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings results on Monday, March 10th. The company reported $6.56 earnings per share for the quarter, beating the consensus estimate of $6.29 by $0.27. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same period in the previous year, the firm earned $5.76 earnings per share. Vail Resorts’s quarterly revenue was up 5.5% on a year-over-year basis. As a group, research analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were issued a dividend of $2.22 per share. The ex-dividend date was Thursday, March 27th. This represents a $8.88 annualized dividend and a dividend yield of 6.34%. Vail Resorts’s dividend payout ratio is 130.21%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on MTN shares. Bank of America dropped their price target on shares of Vail Resorts from $185.00 to $160.00 and set a “neutral” rating on the stock in a research note on Monday, April 21st. Mizuho cut their price objective on shares of Vail Resorts from $227.00 to $215.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 11th. Barclays reaffirmed an “underweight” rating and issued a $152.00 price objective (down previously from $165.00) on shares of Vail Resorts in a report on Monday, March 10th. Morgan Stanley lowered their target price on shares of Vail Resorts from $197.00 to $178.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 11th. Finally, Macquarie reduced their price target on shares of Vail Resorts from $195.00 to $185.00 and set a “neutral” rating for the company in a research note on Wednesday, March 12th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $190.20.

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.