Vail Resorts, Inc. (NYSE:MTN) Shares Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP lifted its holdings in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 123.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,087 shares of the company's stock after acquiring an additional 5,027 shares during the quarter. GSA Capital Partners LLP's holdings in Vail Resorts were worth $1,454,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Heck Capital Advisors LLC acquired a new stake in Vail Resorts during the fourth quarter valued at $33,000. Golden State Wealth Management LLC grew its position in Vail Resorts by 102.5% during the first quarter. Golden State Wealth Management LLC now owns 243 shares of the company's stock valued at $39,000 after buying an additional 123 shares during the period. Alpine Bank Wealth Management acquired a new stake in Vail Resorts during the first quarter valued at $40,000. GAMMA Investing LLC grew its position in Vail Resorts by 75.3% during the first quarter. GAMMA Investing LLC now owns 270 shares of the company's stock valued at $43,000 after buying an additional 116 shares during the period. Finally, GeoWealth Management LLC grew its position in Vail Resorts by 162.2% during the fourth quarter. GeoWealth Management LLC now owns 291 shares of the company's stock valued at $55,000 after buying an additional 180 shares during the period. Institutional investors and hedge funds own 94.90% of the company's stock.

Insider Buying and Selling

In other news, CFO Angela A. Korch bought 200 shares of Vail Resorts stock in a transaction on Friday, June 20th. The shares were bought at an average cost of $157.00 per share, with a total value of $31,400.00. Following the completion of the purchase, the chief financial officer directly owned 3,156 shares of the company's stock, valued at approximately $495,492. This trade represents a 6.77% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on MTN shares. JPMorgan Chase & Co. upgraded shares of Vail Resorts from an "underweight" rating to a "neutral" rating and set a $167.00 price target on the stock in a research report on Wednesday, May 28th. Truist Financial decreased their price objective on shares of Vail Resorts from $247.00 to $244.00 and set a "buy" rating on the stock in a report on Friday, June 6th. Mizuho increased their price objective on shares of Vail Resorts from $215.00 to $216.00 and gave the company an "outperform" rating in a report on Friday, June 6th. UBS Group decreased their price objective on shares of Vail Resorts from $185.00 to $169.00 and set a "neutral" rating on the stock in a report on Wednesday, June 11th. Finally, Bank of America increased their price objective on shares of Vail Resorts from $160.00 to $175.00 and gave the company a "neutral" rating in a report on Wednesday, May 28th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, Vail Resorts presently has an average rating of "Hold" and a consensus price target of $187.20.

Vail Resorts Trading Down 1.0%

MTN stock traded down $1.48 during trading on Friday, reaching $148.78. 570,651 shares of the stock were exchanged, compared to its average volume of 601,012. The company has a current ratio of 0.61, a quick ratio of 0.54 and a debt-to-equity ratio of 1.70. The business has a 50 day moving average price of $158.06 and a 200-day moving average price of $156.30. Vail Resorts, Inc. has a 1 year low of $129.85 and a 1 year high of $199.45. The firm has a market capitalization of $5.53 billion, a price-to-earnings ratio of 19.03, a P/E/G ratio of 1.85 and a beta of 0.90.

Vail Resorts (NYSE:MTN - Get Free Report) last issued its earnings results on Thursday, June 5th. The company reported $10.54 EPS for the quarter, topping analysts' consensus estimates of $10.00 by $0.54. Vail Resorts had a net margin of 9.81% and a return on equity of 30.25%. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the previous year, the firm earned $9.54 earnings per share. Vail Resorts's quarterly revenue was up 1.0% compared to the same quarter last year. On average, research analysts predict that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Tuesday, June 24th were paid a dividend of $2.22 per share. The ex-dividend date of this dividend was Tuesday, June 24th. This represents a $8.88 dividend on an annualized basis and a yield of 6.0%. Vail Resorts's payout ratio is 113.55%.

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.