Mitchell & Pahl Private Wealth LLC Increases Stake in Vail Resorts, Inc. (NYSE:MTN)

Mitchell & Pahl Private Wealth LLC raised its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 10.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,076 shares of the company’s stock after acquiring an additional 284 shares during the quarter. Mitchell & Pahl Private Wealth LLC’s holdings in Vail Resorts were worth $577,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. The Manufacturers Life Insurance Company raised its holdings in Vail Resorts by 673.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 635,546 shares of the company’s stock worth $114,481,000 after purchasing an additional 553,337 shares during the period. River Road Asset Management LLC raised its stake in shares of Vail Resorts by 606.6% in the third quarter. River Road Asset Management LLC now owns 341,311 shares of the company’s stock worth $59,487,000 after buying an additional 293,006 shares during the period. Point72 Asset Management L.P. bought a new position in shares of Vail Resorts in the third quarter worth about $35,264,000. FMR LLC lifted its position in shares of Vail Resorts by 1,080.8% during the 3rd quarter. FMR LLC now owns 207,809 shares of the company’s stock valued at $36,219,000 after buying an additional 190,210 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of Vail Resorts by 1,063.7% during the 2nd quarter. AQR Capital Management LLC now owns 177,033 shares of the company’s stock valued at $31,767,000 after acquiring an additional 161,820 shares during the period. Institutional investors own 94.94% of the company’s stock.

Vail Resorts Price Performance

NYSE:MTN opened at $177.38 on Tuesday. The business’s 50-day moving average is $184.00 and its 200 day moving average is $179.27. Vail Resorts, Inc. has a 12 month low of $165.00 and a 12 month high of $236.92. The company has a market capitalization of $6.64 billion, a P/E ratio of 29.47, a P/E/G ratio of 2.25 and a beta of 1.12. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, topping the consensus estimate of ($4.99) by $0.38. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The business had revenue of $260.28 million for the quarter, compared to analysts’ expectations of $251.45 million. During the same period in the prior year, the firm earned ($4.60) EPS. The company’s revenue for the quarter was up .7% on a year-over-year basis. On average, equities research analysts forecast that Vail Resorts, Inc. will post 7.54 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. Shareholders of record on Thursday, December 26th were given a dividend of $2.22 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $8.88 annualized dividend and a yield of 5.01%. Vail Resorts’s dividend payout ratio (DPR) is currently 147.51%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on MTN shares. Deutsche Bank Aktiengesellschaft raised their target price on shares of Vail Resorts from $185.00 to $196.00 and gave the stock a “hold” rating in a research note on Monday, December 9th. Stifel Nicolaus raised their price objective on shares of Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $197.00 target price on shares of Vail Resorts in a report on Monday, December 23rd. StockNews.com raised Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Finally, UBS Group began coverage on Vail Resorts in a research note on Thursday, November 14th. They issued a “neutral” rating and a $185.00 price objective for the company. Two 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. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $204.50.

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.