Daymark Wealth Partners LLC Sells 110 Shares of Vail Resorts, Inc. (NYSE:MTN)

Daymark Wealth Partners LLC cut its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 5.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,095 shares of the company’s stock after selling 110 shares during the period. Daymark Wealth Partners LLC’s holdings in Vail Resorts were worth $393,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. V Square Quantitative Management LLC purchased a new stake in Vail Resorts during the third quarter worth $25,000. Capital Performance Advisors LLP bought a new position in shares of Vail Resorts in the 3rd quarter worth $25,000. UMB Bank n.a. lifted its stake in shares of Vail Resorts by 123.5% during the 3rd quarter. UMB Bank n.a. now owns 219 shares of the company’s stock worth $38,000 after purchasing an additional 121 shares during the last quarter. Eagle Bay Advisors LLC bought a new stake in Vail Resorts during the fourth quarter valued at about $40,000. Finally, Venturi Wealth Management LLC grew its stake in Vail Resorts by 165.3% in the third quarter. Venturi Wealth Management LLC now owns 321 shares of the company’s stock valued at $56,000 after purchasing an additional 200 shares during the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Vail Resorts Stock Down 0.8 %

Vail Resorts stock opened at $168.59 on Friday. Vail Resorts, Inc. has a fifty-two week low of $165.00 and a fifty-two week high of $236.92. The company has a market cap of $6.31 billion, a PE ratio of 28.01, a PEG ratio of 2.24 and a beta of 1.12. 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 business’s 50-day simple moving average is $183.53 and its two-hundred day simple moving average is $179.16.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, topping the consensus estimate of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company had revenue of $260.28 million for the quarter, compared to the consensus estimate of $251.45 million. During the same quarter in the prior year, the company earned ($4.60) EPS. Vail Resorts’s quarterly revenue was up .7% on a year-over-year basis. Equities analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were issued a dividend of $2.22 per share. The ex-dividend date was Thursday, December 26th. This represents a $8.88 annualized dividend and a dividend yield of 5.27%. Vail Resorts’s dividend payout ratio (DPR) is presently 147.51%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. UBS Group assumed coverage on shares of Vail Resorts in a research report on Thursday, November 14th. They set a “neutral” rating and a $185.00 price target for the company. Barclays raised their target price on shares of Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a research note on Tuesday, December 10th. Stifel Nicolaus upped their price target on Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Macquarie raised their price objective on Vail Resorts from $180.00 to $195.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 11th. Finally, StockNews.com raised Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus 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.