New Age Alpha Advisors LLC Acquires Shares of 1,939 Vail Resorts, Inc. (NYSE:MTN)

New Age Alpha Advisors LLC bought a new stake in Vail Resorts, Inc. (NYSE:MTN) in the 4th quarter, Holdings Channel.com reports. The fund bought 1,939 shares of the company’s stock, valued at approximately $363,000.

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

Vail Resorts Stock Down 1.4 %

Vail Resorts stock opened at $157.86 on Wednesday. The company has a 50 day moving average of $162.80 and a 200-day moving average of $173.82. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64. Vail Resorts, Inc. has a twelve month low of $151.99 and a twelve month high of $233.57. The stock has a market capitalization of $5.89 billion, a PE ratio of 26.22, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last announced its earnings results on Monday, March 10th. The company reported $6.56 earnings per share for the quarter, topping analysts’ consensus estimates of $6.29 by $0.27. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.14 billion. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the business earned $5.76 EPS. On average, equities research analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th will be paid a $2.22 dividend. This represents a $8.88 annualized dividend and a yield of 5.63%. The ex-dividend date is Thursday, March 27th. Vail Resorts’s payout ratio is 130.21%.

Insiders Place Their Bets

In other Vail Resorts news, CFO Angela A. Korch acquired 185 shares of the stock in a transaction dated Thursday, March 13th. The shares were bought at an average cost of $160.00 per share, for a total transaction of $29,600.00. Following the completion of the acquisition, the chief financial officer now directly owns 2,956 shares of the company’s stock, valued at approximately $472,960. This trade represents a 6.68 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MTN. JPMorgan Chase & Co. increased their price target on Vail Resorts from $166.00 to $167.00 and gave the company an “underweight” rating in a research note on Tuesday, March 11th. Barclays reissued an “underweight” rating and issued a $152.00 target price (down previously from $165.00) on shares of Vail Resorts in a research note on Monday, March 10th. Morgan Stanley decreased their target price on Vail Resorts from $197.00 to $178.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 11th. StockNews.com upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Finally, Stifel Nicolaus boosted their price objective on shares of Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $193.56.

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.