Aspire Private Capital LLC Increases Position in Vail Resorts, Inc. (NYSE:MTN)

Aspire Private Capital LLC grew its holdings in Vail Resorts, Inc. (NYSE:MTN) by 55.4% during the fourth quarter, HoldingsChannel reports. The firm owned 1,601 shares of the company’s stock after acquiring an additional 571 shares during the period. Aspire Private Capital LLC’s holdings in Vail Resorts were worth $300,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in MTN. Dimensional Fund Advisors LP boosted its stake in Vail Resorts by 36.3% during the second quarter. Dimensional Fund Advisors LP now owns 356,386 shares of the company’s stock worth $64,195,000 after buying an additional 94,923 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of Vail Resorts during the 2nd quarter valued at about $315,000. Frank Rimerman Advisors LLC purchased a new stake in shares of Vail Resorts in the second quarter valued at about $412,000. Evergreen Capital Management LLC acquired a new stake in Vail Resorts during the second quarter worth about $217,000. Finally, Xponance Inc. raised its stake in Vail Resorts by 6.2% during the second quarter. Xponance Inc. now owns 7,049 shares of the company’s stock worth $1,270,000 after purchasing an additional 414 shares during the period. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Vail Resorts Stock Up 0.7 %

Shares of MTN opened at $178.48 on Wednesday. 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 stock has a market capitalization of $6.68 billion, a PE ratio of 29.65, a P/E/G ratio of 2.25 and a beta of 1.12. The company’s 50-day simple moving average is $183.92 and its 200-day simple moving average is $179.30. Vail Resorts, Inc. has a 1 year low of $165.00 and a 1 year high of $236.92.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, beating the consensus estimate of ($4.99) by $0.38. The company 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 was up .7% compared to the same quarter last year. During the same quarter last year, the company posted ($4.60) EPS. Analysts forecast that Vail Resorts, Inc. will post 7.54 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were paid 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 4.98%. Vail Resorts’s payout ratio is 147.51%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Macquarie increased their price target on shares of Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a research note on Wednesday, December 11th. Morgan Stanley reissued an “equal weight” rating and set a $197.00 target price on shares of Vail Resorts in a research note on Monday, December 23rd. StockNews.com raised Vail Resorts from a “sell” rating to a “hold” rating in a research note on Friday, December 13th. Stifel Nicolaus raised their price objective on Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Finally, UBS Group initiated coverage on shares of Vail Resorts in a research report on Thursday, November 14th. They issued a “neutral” rating and a $185.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Vail Resorts currently has a consensus rating of “Hold” and an average target price 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.