Aurora Investment Managers LLC. Sells 256 Shares of Vail Resorts, Inc. (NYSE:MTN)

Aurora Investment Managers LLC. lowered its position in Vail Resorts, Inc. (NYSE:MTN) by 2.6% during the 4th quarter, HoldingsChannel reports. The firm owned 9,409 shares of the company’s stock after selling 256 shares during the period. Aurora Investment Managers LLC.’s holdings in Vail Resorts were worth $1,764,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. The Manufacturers Life Insurance Company raised its holdings in shares of Vail Resorts by 673.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 635,546 shares of the company’s stock valued at $114,481,000 after acquiring an additional 553,337 shares in the last quarter. River Road Asset Management LLC increased its position 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 purchasing an additional 293,006 shares during the last quarter. Point72 Asset Management L.P. purchased a new stake in Vail Resorts in the third quarter valued at approximately $35,264,000. FMR LLC raised its stake in Vail Resorts by 1,080.8% in the third quarter. FMR LLC now owns 207,809 shares of the company’s stock valued at $36,219,000 after purchasing an additional 190,210 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in Vail Resorts by 1,063.7% during the second quarter. AQR Capital Management LLC now owns 177,033 shares of the company’s stock valued at $31,767,000 after purchasing an additional 161,820 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MTN. Truist Financial decreased their price target 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. Macquarie raised their price target on Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a research report on Wednesday, December 11th. StockNews.com raised Vail Resorts from a “sell” rating to a “hold” rating in a research note on Friday, December 13th. Stifel Nicolaus increased their price objective on Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Finally, JPMorgan Chase & Co. dropped their target price on Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a research report on Friday. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $204.50.

Vail Resorts Stock Performance

Shares of MTN stock opened at $177.38 on Tuesday. 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 $165.00 and a fifty-two week high of $236.92. The company has a market capitalization of $6.64 billion, a P/E ratio of 29.47, a PEG ratio of 2.25 and a beta of 1.12. The stock has a 50 day moving average price of $184.00 and a two-hundred day moving average price of $179.27.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings results on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, beating the consensus estimate of ($4.99) by $0.38. The business had revenue of $260.28 million during the quarter, compared to analysts’ expectations of $251.45 million. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($4.60) EPS. Analysts expect that Vail Resorts, Inc. will post 7.54 earnings per share for the current year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were paid a $2.22 dividend. The ex-dividend date was Thursday, December 26th. This represents a $8.88 annualized dividend and a dividend yield of 5.01%. Vail Resorts’s payout ratio is presently 147.51%.

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.