New Age Alpha Advisors LLC Purchases Shares of 1,939 Vail Resorts, Inc. (NYSE:MTN)

New Age Alpha Advisors LLC acquired a new position in Vail Resorts, Inc. (NYSE:MTN) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,939 shares of the company’s stock, valued at approximately $363,000.

Several other large investors have also made changes to their positions in the business. Heck Capital Advisors LLC bought a new position in Vail Resorts in the 4th quarter worth approximately $33,000. Blue Trust Inc. grew its stake in shares of Vail Resorts by 246.7% in the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock worth $36,000 after acquiring an additional 148 shares during the last quarter. Eagle Bay Advisors LLC bought a new position in Vail Resorts during the fourth quarter worth $40,000. UMB Bank n.a. raised its stake in Vail Resorts by 37.9% during the 4th quarter. UMB Bank n.a. now owns 302 shares of the company’s stock valued at $57,000 after purchasing an additional 83 shares during the last quarter. Finally, Quarry LP boosted its holdings in Vail Resorts by 418.6% in the 3rd quarter. Quarry LP now owns 363 shares of the company’s stock valued at $63,000 after purchasing an additional 293 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.

Insiders Place Their Bets

In other Vail Resorts news, CFO Angela A. Korch purchased 185 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average cost of $160.00 per share, with a total value of $29,600.00. Following the completion of the acquisition, the chief financial officer now directly owns 2,956 shares of the company’s stock, valued at $472,960. This represents a 6.68 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

MTN has been the subject of a number of research analyst reports. Barclays reaffirmed an “underweight” rating and set a $152.00 price objective (down previously from $165.00) on shares of Vail Resorts in a research report on Monday, March 10th. Truist Financial reduced their price objective on Vail Resorts from $250.00 to $247.00 and set a “buy” rating for the company in a research report on Tuesday, December 10th. JPMorgan Chase & Co. boosted their price objective on Vail Resorts from $166.00 to $167.00 and gave the company an “underweight” rating in a research report on Tuesday, March 11th. Macquarie reduced their target price on Vail Resorts from $195.00 to $185.00 and set a “neutral” rating for the company in a research report on Wednesday, March 12th. Finally, Morgan Stanley lowered their price target on shares of Vail Resorts from $197.00 to $178.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 11th. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Vail Resorts has an average rating of “Hold” and a consensus price target of $193.56.

Vail Resorts Stock Down 1.4 %

MTN opened at $157.86 on Wednesday. The firm has a market cap of $5.89 billion, a price-to-earnings ratio of 26.22, a PEG ratio of 1.93 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 firm’s 50-day simple moving average is $162.80 and its 200-day simple moving average is $173.82. Vail Resorts, Inc. has a twelve month low of $151.99 and a twelve month high of $233.57.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings data on Monday, March 10th. The company reported $6.56 earnings per share for the quarter, topping the consensus estimate of $6.29 by $0.27. The company had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.14 billion. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company’s revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business posted $5.76 earnings per share. Equities research analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th will be paid a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a yield of 5.63%. The ex-dividend date is Thursday, March 27th. Vail Resorts’s dividend payout ratio is currently 130.21%.

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.