Vail Resorts, Inc. $MTN Shares Purchased by Rothschild Investment LLC

Rothschild Investment LLC increased its position in shares of Vail Resorts, Inc. (NYSE:MTNFree Report) by 7,482.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,763 shares of the company’s stock after purchasing an additional 5,687 shares during the period. Rothschild Investment LLC’s holdings in Vail Resorts were worth $765,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. TD Waterhouse Canada Inc. increased its position in shares of Vail Resorts by 376.3% during the third quarter. TD Waterhouse Canada Inc. now owns 16,584 shares of the company’s stock valued at $2,553,000 after acquiring an additional 13,102 shares during the last quarter. Blume Capital Management Inc. boosted its stake in shares of Vail Resorts by 317.0% in the third quarter. Blume Capital Management Inc. now owns 9,703 shares of the company’s stock valued at $1,451,000 after purchasing an additional 7,376 shares during the period. Kazazian Asset Management LLC purchased a new position in Vail Resorts in the third quarter worth approximately $1,296,000. CenterBook Partners LP lifted its stake in Vail Resorts by 423.9% in the third quarter. CenterBook Partners LP now owns 18,074 shares of the company’s stock worth $2,703,000 after acquiring an additional 14,624 shares during the last quarter. Finally, Waratah Capital Advisors Ltd. lifted its stake in Vail Resorts by 31.5% in the third quarter. Waratah Capital Advisors Ltd. now owns 228,388 shares of the company’s stock worth $34,160,000 after acquiring an additional 54,722 shares during the last quarter. 94.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Vail Resorts from $159.00 to $151.00 and set a “hold” rating for the company in a research note on Friday, March 6th. Barclays decreased their price target on shares of Vail Resorts from $140.00 to $138.00 and set an “underweight” rating for the company in a research note on Tuesday, March 10th. JPMorgan Chase & Co. decreased their price target on shares of Vail Resorts from $172.00 to $156.00 and set a “neutral” rating for the company in a research note on Tuesday, March 10th. BNP Paribas Exane reiterated an “outperform” rating on shares of Vail Resorts in a research note on Tuesday, March 10th. Finally, Truist Financial decreased their price target on shares of Vail Resorts from $217.00 to $212.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $161.82.

Read Our Latest Stock Report on MTN

Insiders Place Their Bets

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

Vail Resorts Stock Down 0.2%

Shares of NYSE:MTN opened at $133.76 on Friday. The company has a market capitalization of $4.77 billion, a PE ratio of 21.82, a P/E/G ratio of 11.29 and a beta of 0.70. The company has a current ratio of 0.62, a quick ratio of 0.51 and a debt-to-equity ratio of 4.43. Vail Resorts, Inc. has a twelve month low of $118.51 and a twelve month high of $172.00. The firm has a 50 day simple moving average of $127.69 and a 200-day simple moving average of $135.83.

Vail Resorts (NYSE:MTNGet Free Report) last issued its quarterly earnings data on Monday, March 9th. The company reported $5.87 earnings per share for the quarter, missing the consensus estimate of $6.06 by ($0.19). The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Vail Resorts had a return on equity of 29.72% and a net margin of 7.89%.The firm’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.56 EPS. On average, equities analysts predict that Vail Resorts, Inc. will post 4.79 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 26th were issued a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend was Thursday, March 26th. Vail Resorts’s payout ratio is presently 144.86%.

About Vail Resorts

(Free Report)

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.

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Institutional Ownership by Quarter for Vail Resorts (NYSE:MTN)

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