Uncommon Cents Investing LLC Sells 4,510 Shares of Vail Resorts, Inc. $MTN

Uncommon Cents Investing LLC lessened its position in Vail Resorts, Inc. (NYSE:MTN) by 31.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,020 shares of the company’s stock after selling 4,510 shares during the period. Uncommon Cents Investing LLC’s holdings in Vail Resorts were worth $1,331,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of MTN. Fifth Third Wealth Advisors LLC bought a new stake in shares of Vail Resorts during the fourth quarter worth about $204,000. Sendero Wealth Management LLC raised its holdings in Vail Resorts by 2.6% in the 4th quarter. Sendero Wealth Management LLC now owns 4,475 shares of the company’s stock valued at $594,000 after buying an additional 112 shares during the last quarter. SG Americas Securities LLC raised its holdings in Vail Resorts by 133.2% in the 4th quarter. SG Americas Securities LLC now owns 28,017 shares of the company’s stock valued at $3,721,000 after buying an additional 16,004 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Vail Resorts by 24.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,602 shares of the company’s stock worth $355,000 after buying an additional 514 shares during the period. Finally, Green Alpha Advisors LLC grew its holdings in Vail Resorts by 14.0% during the 4th quarter. Green Alpha Advisors LLC now owns 5,407 shares of the company’s stock worth $718,000 after acquiring an additional 663 shares during the last quarter. 94.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MTN has been the subject of several recent research reports. BNP Paribas Exane restated an “outperform” rating on shares of Vail Resorts in a research report on Tuesday, March 10th. Truist Financial cut their price target on shares of Vail Resorts from $234.00 to $217.00 and set a “buy” rating on the stock in a report on Tuesday, March 10th. Jefferies Financial Group raised shares of Vail Resorts from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $159.00 to $165.00 in a research note on Tuesday, January 13th. Stifel Nicolaus reduced their price target on Vail Resorts from $175.00 to $172.00 and set a “buy” rating on the stock in a research report on Tuesday, March 10th. Finally, Barclays decreased their price target on Vail Resorts from $140.00 to $138.00 and set an “underweight” rating for the company in a research note on Tuesday, March 10th. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $165.00.

Vail Resorts Trading Up 3.3%

NYSE:MTN opened at $128.15 on Wednesday. The firm’s fifty day moving average is $135.90 and its 200-day moving average is $142.29. The company has a debt-to-equity ratio of 4.43, a quick ratio of 0.51 and a current ratio of 0.62. Vail Resorts, Inc. has a 52 week low of $123.82 and a 52 week high of $175.51. The firm has a market cap of $4.57 billion, a P/E ratio of 20.90, a P/E/G ratio of 8.96 and a beta of 0.78.

Vail Resorts (NYSE:MTN) last announced its earnings results on Monday, March 9th. The company reported $5.87 earnings per share for the quarter, missing analysts’ consensus estimates of $6.06 by ($0.19). The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.11 billion. Vail Resorts had a return on equity of 29.72% and a net margin of 7.89%.Vail Resorts’s quarterly revenue was down 4.7% on a year-over-year basis. During the same period in the prior year, the business earned $6.56 EPS. Equities analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 26th will be given a $2.22 dividend. The ex-dividend date of this dividend is Thursday, March 26th. This represents a $8.88 annualized dividend and a dividend yield of 6.9%. Vail Resorts’s dividend payout ratio (DPR) is 144.86%.

Insider Transactions at Vail Resorts

In other Vail Resorts news, CEO Robert A. Katz bought 37,500 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was acquired at an average price of $131.81 per share, with a total value of $4,942,875.00. Following the completion of the purchase, the chief executive officer directly owned 285,312 shares of the company’s stock, valued at approximately $37,606,974.72. This trade represents a 15.13% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Angela A. Korch purchased 190 shares of the company’s stock in a transaction on Monday, March 16th. The stock was acquired at an average cost of $131.85 per share, for a total transaction of $25,051.50. Following the completion of the purchase, the chief financial officer owned 5,539 shares of the company’s stock, valued at approximately $730,317.15. This trade represents a 3.55% increase in their position. The SEC filing for this purchase provides additional information. 1.20% of the stock is owned by insiders.

Vail Resorts 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.