Vail Resorts, Inc. (NYSE:MTN) Shares Purchased by Ellsworth Advisors LLC

Ellsworth Advisors LLC increased its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 12.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,769 shares of the company’s stock after acquiring an additional 404 shares during the quarter. Ellsworth Advisors LLC’s holdings in Vail Resorts were worth $805,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Artemis Investment Management LLP purchased a new position in Vail Resorts during the fourth quarter worth about $349,000. Pacer Advisors Inc. lifted its holdings in shares of Vail Resorts by 77.2% in the 4th quarter. Pacer Advisors Inc. now owns 5,715 shares of the company’s stock worth $1,220,000 after acquiring an additional 2,489 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of Vail Resorts by 3.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 4,200 shares of the company’s stock worth $897,000 after purchasing an additional 142 shares during the period. Raymond James & Associates increased its holdings in Vail Resorts by 4.6% in the 4th quarter. Raymond James & Associates now owns 74,599 shares of the company’s stock valued at $15,925,000 after purchasing an additional 3,278 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC raised its position in Vail Resorts by 534.5% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 349 shares of the company’s stock valued at $75,000 after purchasing an additional 294 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.

Insider Activity

In other Vail Resorts news, Director Peter A. Vaughn sold 1,000 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $222.77, for a total value of $222,770.00. Following the sale, the director now directly owns 7,592 shares in the company, valued at $1,691,269.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.20% of the company’s stock.

Vail Resorts Stock Up 1.2 %

Shares of NYSE MTN traded up $2.65 during mid-day trading on Friday, hitting $222.83. The company had a trading volume of 347,678 shares, compared to its average volume of 625,927. The company has a market capitalization of $8.46 billion, a PE ratio of 37.20, a price-to-earnings-growth ratio of 2.33 and a beta of 1.12. The company has a debt-to-equity ratio of 2.37, a current ratio of 0.96 and a quick ratio of 0.85. Vail Resorts, Inc. has a 1-year low of $204.88 and a 1-year high of $258.13. The business’s 50-day simple moving average is $224.61 and its 200 day simple moving average is $223.26.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings data on Monday, March 11th. The company reported $5.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.07 by ($0.31). The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.15 billion. Vail Resorts had a net margin of 8.44% and a return on equity of 19.16%. The firm’s revenue was down 2.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $5.16 earnings per share. On average, analysts predict that Vail Resorts, Inc. will post 7.75 earnings per share for the current year.

Vail Resorts Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th will be paid a $2.22 dividend. This is a boost from Vail Resorts’s previous quarterly dividend of $2.06. This represents a $8.88 annualized dividend and a dividend yield of 3.99%. The ex-dividend date is Wednesday, March 27th. Vail Resorts’s dividend payout ratio (DPR) is presently 148.25%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Morgan Stanley raised their price target on Vail Resorts from $247.00 to $248.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 7th. Stifel Nicolaus restated a “buy” rating and set a $263.00 price target on shares of Vail Resorts in a research report on Friday, March 22nd. Truist Financial restated a “buy” rating and set a $290.00 price target on shares of Vail Resorts in a research report on Friday, January 19th. Deutsche Bank Aktiengesellschaft lowered their price target on Vail Resorts from $273.00 to $266.00 and set a “hold” rating for the company in a research report on Wednesday, December 6th. Finally, Mizuho assumed coverage on Vail Resorts in a research report on Tuesday. They set a “buy” rating and a $256.00 price target for the company. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $264.20.

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.