Vail Resorts, Inc. (NYSE:MTN) Shares Purchased by River Road Asset Management LLC

River Road Asset Management LLC increased its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 30.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 444,344 shares of the company’s stock after acquiring an additional 103,033 shares during the period. Vail Resorts makes up approximately 1.1% of River Road Asset Management LLC’s holdings, making the stock its 29th largest holding. River Road Asset Management LLC owned about 1.19% of Vail Resorts worth $83,292,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Miracle Mile Advisors LLC raised its stake in Vail Resorts by 3.2% during the fourth quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company’s stock valued at $398,000 after buying an additional 65 shares in the last quarter. Raleigh Capital Management Inc. raised its stake in Vail Resorts by 20.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 393 shares of the company’s stock valued at $74,000 after buying an additional 67 shares in the last quarter. Accretive Wealth Partners LLC raised its position in shares of Vail Resorts by 1.5% during the 4th quarter. Accretive Wealth Partners LLC now owns 5,294 shares of the company’s stock valued at $992,000 after acquiring an additional 80 shares in the last quarter. UMB Bank n.a. raised its position in shares of Vail Resorts by 37.9% during the 4th quarter. UMB Bank n.a. now owns 302 shares of the company’s stock valued at $57,000 after acquiring an additional 83 shares in the last quarter. Finally, Argonautica Private Wealth Management Inc. raised its position in shares of Vail Resorts by 6.9% during the 4th quarter. Argonautica Private Wealth Management Inc. now owns 1,478 shares of the company’s stock valued at $277,000 after acquiring an additional 96 shares in the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Vail Resorts Price Performance

Shares of MTN opened at $154.06 on Tuesday. The firm has a market capitalization of $5.77 billion, a price-to-earnings ratio of 25.59, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. 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 one year low of $151.99 and a one year high of $233.57. The stock’s fifty day moving average is $168.90 and its 200-day moving average is $176.04.

Vail Resorts (NYSE:MTN) last released its earnings results on Monday, March 10th. The company reported $6.56 EPS for the quarter, beating the consensus estimate of $6.29 by $0.27. The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. Vail Resorts’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the company earned $5.76 EPS. Equities analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. UBS Group assumed coverage on shares of Vail Resorts in a report on Thursday, November 14th. They set a “neutral” rating and a $185.00 target price on the stock. Morgan Stanley reiterated an “equal weight” rating on shares of Vail Resorts in a research note on Monday. Barclays reiterated an “underweight” rating on shares of Vail Resorts in a research note on Monday. StockNews.com upgraded Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Finally, 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 research report on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Vail Resorts currently has an average rating of “Hold” and a consensus price target of $199.44.

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.