Vail Resorts, Inc. $MTN Shares Acquired by MSA Advisors LLC

MSA Advisors LLC raised its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 31.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,600 shares of the company’s stock after acquiring an additional 14,600 shares during the period. Vail Resorts makes up about 2.0% of MSA Advisors LLC’s portfolio, making the stock its 12th biggest position. MSA Advisors LLC owned about 0.17% of Vail Resorts worth $8,048,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of MTN. Kazazian Asset Management LLC acquired a new position in shares of Vail Resorts in the 3rd quarter valued at $1,296,000. Waratah Capital Advisors Ltd. lifted its stake in shares of Vail Resorts by 31.5% in the 3rd quarter. Waratah Capital Advisors Ltd. now owns 228,388 shares of the company’s stock valued at $34,160,000 after purchasing an additional 54,722 shares during the period. Oasis Management Co Ltd. lifted its stake in shares of Vail Resorts by 8.3% in the 4th quarter. Oasis Management Co Ltd. now owns 1,851,234 shares of the company’s stock valued at $245,844,000 after purchasing an additional 141,500 shares during the period. CenterBook Partners LP lifted its stake in shares of Vail Resorts by 423.9% in the 3rd quarter. CenterBook Partners LP now owns 18,074 shares of the company’s stock valued at $2,703,000 after purchasing an additional 14,624 shares during the period. Finally, CWM LLC lifted its stake in shares of Vail Resorts by 1,904.9% in the 4th quarter. CWM LLC now owns 14,054 shares of the company’s stock valued at $1,866,000 after purchasing an additional 13,353 shares during the period. 94.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently issued reports on MTN. Weiss Ratings cut shares of Vail Resorts from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 9th. Truist Financial decreased their target price on shares of Vail Resorts from $212.00 to $195.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. JPMorgan Chase & Co. boosted their target price on shares of Vail Resorts from $124.00 to $126.00 and gave the company a “neutral” rating in a research note on Tuesday, June 9th. Stifel Nicolaus decreased their target price on shares of Vail Resorts from $172.00 to $167.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. Finally, Mizuho set a $174.00 target price on shares of Vail Resorts in a research note on Tuesday, June 9th. Five investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $151.45.

Vail Resorts Price Performance

Shares of NYSE MTN opened at $136.73 on Wednesday. The firm has a market cap of $4.87 billion, a PE ratio of 31.07, a PEG ratio of 12.45 and a beta of 0.72. The firm has a fifty day moving average of $128.88 and a 200 day moving average of $135.15. The company has a debt-to-equity ratio of 3.22, a quick ratio of 0.79 and a current ratio of 0.91. Vail Resorts, Inc. has a one year low of $118.51 and a one year high of $172.00.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Monday, June 8th. The company reported $8.81 EPS for the quarter, missing the consensus estimate of $8.97 by ($0.16). The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Vail Resorts had a return on equity of 21.88% and a net margin of 5.38%.Vail Resorts’s revenue was down 7.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $10.54 EPS. As a group, research analysts predict that Vail Resorts, Inc. will post 4.37 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 25th will be issued a $2.22 dividend. This represents a $8.88 annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Thursday, June 25th. Vail Resorts’s payout ratio is presently 201.82%.

Vail Resorts Company Profile

Vail Resorts, Inc is a leading mountain resort company that owns and operates an integrated network of ski areas, hotels, restaurants and retail outlets. The company’s signature Epic Pass program offers skiers and snowboarders season‐long access to its portfolio of resorts, while ancillary services such as ski and snowboard schools, equipment rental and retail drive additional revenue.

Headquartered in Broomfield, Colorado, Vail Resorts was formed in 1997, building on the legacy of Vail Associates, which opened the Vail ski area in 1962.