Whipplewood Advisors LLC Invests $187,000 in Vail Resorts, Inc. (NYSE:MTN)

Whipplewood Advisors LLC acquired a new position in Vail Resorts, Inc. (NYSE:MTN) in the fourth quarter, Holdings Channel.com reports. The firm acquired 1,000 shares of the company’s stock, valued at approximately $187,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Alberta Investment Management Corp purchased a new position in shares of Vail Resorts in the 4th quarter worth about $3,134,000. Western Pacific Wealth Management LP purchased a new position in shares of Vail Resorts in the 4th quarter worth about $291,000. Stifel Financial Corp boosted its holdings in shares of Vail Resorts by 47.6% in the 3rd quarter. Stifel Financial Corp now owns 21,131 shares of the company’s stock worth $3,683,000 after purchasing an additional 6,816 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Vail Resorts by 17.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 27,232 shares of the company’s stock worth $5,187,000 after purchasing an additional 4,080 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of Vail Resorts by 409.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 4,538 shares of the company’s stock worth $861,000 after purchasing an additional 3,648 shares in the last quarter. 94.94% of the stock is currently owned by hedge funds and other institutional investors.

Vail Resorts Stock Performance

Shares of MTN opened at $155.73 on Friday. The business’s fifty day simple moving average is $173.49 and its two-hundred day simple moving average is $176.91. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. Vail Resorts, Inc. has a 12 month low of $154.27 and a 12 month high of $235.81. The company has a market cap of $5.83 billion, a price-to-earnings ratio of 25.87, a P/E/G ratio of 1.93 and a beta of 1.11.

Vail Resorts (NYSE:MTN) last issued its 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. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The business had revenue of $260.28 million for the quarter, compared to the consensus estimate of $251.45 million. During the same period last year, the business posted ($4.60) EPS. The company’s revenue was up .7% compared to the same quarter last year. Research analysts anticipate that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were paid a $2.22 dividend. The ex-dividend date was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.70%. Vail Resorts’s dividend payout ratio (DPR) is currently 147.51%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MTN. Mizuho increased their target price on Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. Macquarie increased their target price on Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a report on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft increased their target price on Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a report on Monday, December 9th. Morgan Stanley restated an “equal weight” rating and set a $197.00 target price on shares of Vail Resorts in a report on Monday, December 23rd. Finally, JPMorgan Chase & Co. dropped their target price on Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $204.50.

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.