Eagle Bay Advisors LLC Takes $40,000 Position in Vail Resorts, Inc. (NYSE:MTN)

Eagle Bay Advisors LLC bought a new stake in Vail Resorts, Inc. (NYSE:MTN) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 211 shares of the company’s stock, valued at approximately $40,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bamco Inc. NY increased its stake in Vail Resorts by 2.7% in the third quarter. Bamco Inc. NY now owns 5,185,136 shares of the company’s stock valued at $903,717,000 after purchasing an additional 136,328 shares during the period. Charles Schwab Investment Management Inc. increased its position in Vail Resorts by 3.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,154,759 shares of the company’s stock valued at $201,263,000 after acquiring an additional 40,643 shares during the period. TPG GP A LLC raised its stake in Vail Resorts by 17.4% during the 2nd quarter. TPG GP A LLC now owns 899,446 shares of the company’s stock valued at $162,017,000 after acquiring an additional 133,607 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Vail Resorts by 8.1% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 686,984 shares of the company’s stock worth $119,734,000 after acquiring an additional 51,438 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Vail Resorts by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 649,624 shares of the company’s stock valued at $113,252,000 after purchasing an additional 8,422 shares during the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Truist Financial cut their price target on Vail Resorts from $250.00 to $247.00 and set a “buy” rating for the company in a research note on Tuesday, December 10th. Barclays upped their price objective on shares of Vail Resorts from $155.00 to $165.00 and gave the stock an “underweight” rating in a research report on Tuesday, December 10th. StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Macquarie increased their price target on shares of Vail Resorts from $180.00 to $195.00 and gave the stock a “neutral” rating in a report on Wednesday, December 11th. Finally, Mizuho lifted their price objective on Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $205.50.

Vail Resorts Trading Up 0.8 %

Shares of MTN stock opened at $180.92 on Tuesday. The company has a market capitalization of $6.77 billion, a price-to-earnings ratio of 30.05, a PEG ratio of 2.22 and a beta of 1.12. The company has a current ratio of 0.63, a quick ratio of 0.71 and a debt-to-equity ratio of 3.64. The firm has a 50-day moving average price of $183.56 and a 200 day moving average price of $179.06. Vail Resorts, Inc. has a twelve month low of $165.00 and a twelve month high of $236.92.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings data on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, beating the consensus estimate of ($4.99) by $0.38. The business had revenue of $260.28 million for the quarter, compared to the consensus estimate of $251.45 million. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($4.60) earnings per share. Research analysts forecast that Vail Resorts, Inc. will post 7.49 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a dividend yield of 4.91%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts’s dividend payout ratio is currently 147.51%.

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.