PYA Waltman Capital LLC Buys 4,470 Shares of Vail Resorts, Inc. (NYSE:MTN)

PYA Waltman Capital LLC grew its stake in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 14.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 35,195 shares of the company's stock after acquiring an additional 4,470 shares during the period. Vail Resorts comprises 1.8% of PYA Waltman Capital LLC's investment portfolio, making the stock its 15th biggest position. PYA Waltman Capital LLC owned approximately 0.09% of Vail Resorts worth $5,635,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Country Club Bank lifted its stake in shares of Vail Resorts by 111.9% during the 1st quarter. Country Club Bank now owns 26,635 shares of the company's stock valued at $4,300,000 after buying an additional 14,063 shares in the last quarter. State of Michigan Retirement System lifted its stake in shares of Vail Resorts by 1.1% during the 1st quarter. State of Michigan Retirement System now owns 9,000 shares of the company's stock valued at $1,440,000 after buying an additional 100 shares in the last quarter. Alps Advisors Inc. lifted its stake in shares of Vail Resorts by 7.8% during the 1st quarter. Alps Advisors Inc. now owns 102,474 shares of the company's stock valued at $16,398,000 after buying an additional 7,382 shares in the last quarter. Parr Mcknight Wealth Management Group LLC lifted its stake in shares of Vail Resorts by 39.0% during the 1st quarter. Parr Mcknight Wealth Management Group LLC now owns 7,528 shares of the company's stock valued at $1,205,000 after buying an additional 2,111 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Vail Resorts by 11.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 5,068 shares of the company's stock valued at $822,000 after buying an additional 530 shares in the last quarter. 94.94% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on MTN shares. Mizuho upped their price target on shares of Vail Resorts from $215.00 to $216.00 and gave the company an "outperform" rating in a research note on Friday, June 6th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Vail Resorts from $183.00 to $171.00 and set a "hold" rating on the stock in a research note on Thursday, May 29th. 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 note on Wednesday, May 28th. Morgan Stanley restated an "equal weight" rating on shares of Vail Resorts in a research note on Friday, June 6th. Finally, Truist Financial lowered their target price on shares of Vail Resorts from $247.00 to $244.00 and set a "buy" rating on the stock in a research note on Friday, June 6th. 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. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $187.20.

Insider Buying and Selling at Vail Resorts

In related news, CFO Angela A. Korch acquired 200 shares of the stock in a transaction dated Friday, June 20th. The shares were purchased at an average price of $157.00 per share, for a total transaction of $31,400.00. Following the transaction, the chief financial officer owned 3,156 shares in the company, valued at $495,492. This represents a 6.77% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.20% of the company's stock.

Vail Resorts Stock Performance

Vail Resorts stock opened at $165.06 on Friday. The firm's fifty day moving average price is $154.69 and its 200-day moving average price is $158.92. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.54 and a current ratio of 0.61. The stock has a market cap of $6.13 billion, a P/E ratio of 21.11, a price-to-earnings-growth ratio of 2.09 and a beta of 0.91. Vail Resorts, Inc. has a fifty-two week low of $129.85 and a fifty-two week high of $199.45.

Vail Resorts (NYSE:MTN - Get Free Report) last posted its quarterly earnings data on Thursday, June 5th. The company reported $10.54 earnings per share for the quarter, beating the consensus estimate of $10.00 by $0.54. The firm had revenue of $1.30 billion for the quarter, compared to analysts' expectations of $1.31 billion. Vail Resorts had a net margin of 9.81% and a return on equity of 30.25%. The business's quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the company posted $9.54 EPS. On average, equities research analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Tuesday, June 24th were given a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 5.38%. The ex-dividend date of this dividend was Tuesday, June 24th. Vail Resorts's dividend payout ratio (DPR) is currently 113.55%.

Vail Resorts Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.