Mesirow Financial Investment Management Inc. Invests $314,000 in Vail Resorts, Inc. (NYSE:MTN)

Mesirow Financial Investment Management Inc. purchased a new position in Vail Resorts, Inc. (NYSE:MTN) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,672 shares of the company’s stock, valued at approximately $314,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital Performance Advisors LLP purchased a new position in shares of Vail Resorts in the third quarter worth about $25,000. Heck Capital Advisors LLC purchased a new position in Vail Resorts during the fourth quarter worth about $33,000. Blue Trust Inc. raised its stake in Vail Resorts by 246.7% during the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock worth $36,000 after purchasing an additional 148 shares during the period. Eagle Bay Advisors LLC purchased a new position in Vail Resorts during the fourth quarter worth about $40,000. Finally, Venturi Wealth Management LLC raised its stake in Vail Resorts by 165.3% during the third quarter. Venturi Wealth Management LLC now owns 321 shares of the company’s stock worth $56,000 after purchasing an additional 200 shares during the period. 94.94% of the stock is owned by hedge funds and other institutional investors.

Vail Resorts Trading Up 0.1 %

Shares of MTN stock opened at $157.35 on Monday. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63. Vail Resorts, Inc. has a fifty-two week low of $153.51 and a fifty-two week high of $233.57. The stock has a market capitalization of $5.89 billion, a P/E ratio of 26.14, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. The company has a 50 day moving average price of $169.61 and a 200 day moving average price of $176.19.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping the consensus estimate of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company had revenue of $260.28 million during the quarter, compared to analysts’ expectations of $251.45 million. During the same quarter in the previous year, the business posted ($4.60) EPS. The firm’s revenue was up .7% on a year-over-year basis. Equities research analysts predict that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on MTN shares. Macquarie lifted their target price on shares of Vail Resorts from $180.00 to $195.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 11th. Truist Financial reduced their price target on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating on the stock in a research note on Tuesday, December 10th. Stifel Nicolaus boosted their price target on shares of Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a research note on Monday, December 9th. Finally, Mizuho boosted their price target on shares of Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Vail Resorts currently has an average rating of “Hold” and a consensus price target of $199.44.

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.