31,309 Shares in Vail Resorts, Inc. (NYSE:MTN) Acquired by Trexquant Investment LP

Trexquant Investment LP purchased a new stake in shares of Vail Resorts, Inc. (NYSE:MTN) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 31,309 shares of the company’s stock, valued at approximately $5,869,000. Trexquant Investment LP owned approximately 0.08% of Vail Resorts as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of MTN. Heck Capital Advisors LLC bought a new position in Vail Resorts during the fourth quarter valued at about $33,000. Blue Trust Inc. boosted its position in shares of Vail Resorts by 246.7% during 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 in the last quarter. Eagle Bay Advisors LLC acquired a new position in shares of Vail Resorts in the 4th quarter worth approximately $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 worth $57,000 after purchasing an additional 83 shares in the last quarter. Finally, Quarry LP lifted its stake in Vail Resorts by 418.6% during the third quarter. Quarry LP now owns 363 shares of the company’s stock valued at $63,000 after purchasing an additional 293 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Vail Resorts Stock Down 6.5 %

Vail Resorts stock opened at $144.94 on Friday. Vail Resorts, Inc. has a twelve month low of $144.83 and a twelve month high of $233.57. 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 has a market cap of $5.41 billion, a PE ratio of 24.08, a P/E/G ratio of 1.93 and a beta of 0.93. The firm’s 50 day moving average price is $161.95 and its two-hundred day moving average price is $173.37.

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

Vail Resorts Announces Dividend

The company also recently declared 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. The ex-dividend date is Thursday, March 27th. This represents a $8.88 annualized dividend and a dividend yield of 6.13%. Vail Resorts’s payout ratio is 130.21%.

Insider Buying and Selling

In other Vail Resorts news, CFO Angela A. Korch bought 185 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was bought at an average cost of $160.00 per share, with a total value of $29,600.00. Following the completion of the transaction, the chief financial officer now directly owns 2,956 shares of the company’s stock, valued at approximately $472,960. The trade was a 6.68 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on MTN. Truist Financial dropped 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. Mizuho reduced their target price on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating for the company in a report on Tuesday, March 11th. StockNews.com upgraded Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Morgan Stanley cut their price objective 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. Finally, JPMorgan Chase & Co. raised their target price on shares of Vail Resorts from $166.00 to $167.00 and gave the stock an “underweight” rating 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 given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $193.56.

About Vail Resorts

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.