Vail Resorts, Inc. (NYSE:MTN) Shares Bought by TD Private Client Wealth LLC

TD Private Client Wealth LLC boosted its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,206 shares of the company’s stock after buying an additional 153 shares during the period. TD Private Client Wealth LLC’s holdings in Vail Resorts were worth $2,663,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MTN. Heck Capital Advisors LLC acquired a new position in Vail Resorts during the fourth quarter worth $33,000. Blue Trust Inc. lifted its stake in shares of Vail Resorts by 246.7% in the 4th quarter. Blue Trust Inc. now owns 208 shares of the company’s stock valued at $36,000 after purchasing an additional 148 shares during the last quarter. Eagle Bay Advisors LLC acquired a new position in shares of Vail Resorts in the 4th quarter valued at $40,000. UMB Bank n.a. raised its holdings in shares of Vail Resorts by 37.9% in the 4th quarter. UMB Bank n.a. now owns 302 shares of the company’s stock valued at $57,000 after buying an additional 83 shares during the period. Finally, Quarry LP raised its holdings in shares of 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 buying an additional 293 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.

Insider Activity at Vail Resorts

In related news, CFO Angela A. Korch purchased 185 shares of the company’s stock in a transaction on Thursday, March 13th. The stock was bought at an average price of $160.00 per share, with a total value of $29,600.00. Following the completion of the transaction, the chief financial officer now owns 2,956 shares of the company’s stock, valued at approximately $472,960. This represents a 6.68 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is currently owned by company insiders.

Vail Resorts Stock Down 0.0 %

Vail Resorts stock opened at $160.43 on Friday. Vail Resorts, Inc. has a twelve month low of $151.99 and a twelve month high of $233.57. The stock has a 50 day moving average of $165.52 and a two-hundred day moving average of $174.94. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. The stock has a market capitalization of $5.99 billion, a price-to-earnings ratio of 26.65, a PEG ratio of 1.93 and a beta of 1.12.

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 analysts’ consensus estimates of $6.29 by $0.27. The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the firm earned $5.76 EPS. As a group, research analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be paid a $2.22 dividend. This represents a $8.88 annualized dividend and a yield of 5.54%. The ex-dividend date of this dividend is Thursday, March 27th. Vail Resorts’s payout ratio is currently 130.21%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. StockNews.com upgraded Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Morgan Stanley cut their price target on Vail Resorts from $197.00 to $178.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 11th. Stifel Nicolaus upped their price target on Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Truist Financial cut their price target on Vail Resorts from $250.00 to $247.00 and set a “buy” rating on the stock in a report on Tuesday, December 10th. Finally, Mizuho cut their price target on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating on the stock in a report on Tuesday, March 11th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $193.56.

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.