Vail Resorts, Inc. (NYSE:MTN) Stake Raised by Kestra Investment Management LLC

Kestra Investment Management LLC grew its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 134.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,217 shares of the company’s stock after buying an additional 2,992 shares during the period. Kestra Investment Management LLC’s holdings in Vail Resorts were worth $978,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Miracle Mile Advisors LLC raised its holdings in shares of Vail Resorts by 3.2% during the fourth quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company’s stock valued at $398,000 after buying an additional 65 shares during the last quarter. Raleigh Capital Management Inc. raised its holdings in shares of Vail Resorts by 20.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 393 shares of the company’s stock valued at $74,000 after buying an additional 67 shares during the last quarter. Accretive Wealth Partners LLC raised its holdings 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 valued at $992,000 after buying an additional 80 shares during the last quarter. UMB Bank n.a. raised its holdings 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 buying an additional 83 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of Vail Resorts by 27.6% during the third quarter. Creative Financial Designs Inc. ADV now owns 412 shares of the company’s stock valued at $72,000 after buying an additional 89 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.

Vail Resorts Trading Down 2.7 %

Vail Resorts stock opened at $160.48 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 firm has a market cap of $6.01 billion, a price-to-earnings ratio of 26.66, a price-to-earnings-growth ratio of 2.01 and a beta of 1.11. Vail Resorts, Inc. has a 1 year low of $159.66 and a 1 year high of $236.92. The firm’s 50 day moving average price is $177.83 and its two-hundred day moving average price is $177.63.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings data on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, topping the consensus estimate of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The firm had revenue of $260.28 million for the quarter, compared to analysts’ expectations of $251.45 million. During the same period in the previous year, the company posted ($4.60) EPS. The company’s quarterly revenue was up .7% compared to the same quarter last year. On average, research analysts predict that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The company 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. This represents a $8.88 annualized dividend and a yield of 5.53%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts’s payout ratio is 147.51%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on MTN shares. Mizuho boosted their target price on Vail Resorts from $222.00 to $227.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. JPMorgan Chase & Co. dropped their target price on Vail Resorts from $176.00 to $166.00 and set an “underweight” rating on the stock in a report on Friday, January 17th. Stifel Nicolaus boosted their target price on Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Morgan Stanley reissued an “equal weight” rating and set a $197.00 target price on shares of Vail Resorts in a report on Monday, December 23rd. Finally, Barclays boosted their target price on Vail Resorts from $155.00 to $165.00 and gave the stock an “underweight” rating in a report on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $204.50.

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.