Blueshift Asset Management LLC Acquires 6,336 Shares of Vail Resorts, Inc. (NYSE:MTN)

Blueshift Asset Management LLC grew its holdings in Vail Resorts, Inc. (NYSE:MTN) by 493.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 7,619 shares of the company’s stock after acquiring an additional 6,336 shares during the period. Blueshift Asset Management LLC’s holdings in Vail Resorts were worth $1,428,000 at the end of the most recent reporting period.

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

Vail Resorts Stock Up 1.9 %

Shares of NYSE:MTN opened at $163.85 on Thursday. The company has a 50 day moving average price of $166.28 and a two-hundred day moving average price of $175.19. 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 company has a market capitalization of $6.12 billion, a PE ratio of 27.22, a PEG ratio of 1.93 and a beta of 1.12. Vail Resorts, Inc. has a 52 week low of $151.99 and a 52 week high of $233.57.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Monday, March 10th. The company reported $6.56 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 for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter last year, the business posted $5.76 EPS. The firm’s revenue was up 5.5% compared to the same quarter last year. Analysts forecast that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be given a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date is Thursday, March 27th. Vail Resorts’s dividend payout ratio is currently 130.21%.

Insider Activity

In related news, CFO Angela A. Korch bought 185 shares of the company’s stock in a transaction on Thursday, March 13th. The shares were purchased at an average cost of $160.00 per share, for a total transaction of $29,600.00. Following the acquisition, the chief financial officer now owns 2,956 shares of the company’s stock, valued at approximately $472,960. This represents a 6.68 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. 1.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

MTN has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft increased their price objective on Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a research report on Monday, December 9th. JPMorgan Chase & Co. lifted their price objective on Vail Resorts from $166.00 to $167.00 and gave the stock an “underweight” rating in a research report on Tuesday, March 11th. Morgan Stanley cut their target price on shares of Vail Resorts from $197.00 to $178.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 11th. Barclays reiterated an “underweight” rating and set a $152.00 price target (down previously from $165.00) on shares of Vail Resorts in a research report on Monday, March 10th. Finally, Truist Financial cut their price objective on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating on the stock in a report on Tuesday, December 10th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $193.56.

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.