Vail Resorts, Inc. (NYSE:MTN) Shares Sold by Tidal Investments LLC

Tidal Investments LLC decreased its position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 20.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,087 shares of the company's stock after selling 2,267 shares during the period. Tidal Investments LLC's holdings in Vail Resorts were worth $1,703,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Alberta Investment Management Corp purchased a new stake in Vail Resorts in the 4th quarter valued at $3,134,000. Western Pacific Wealth Management LP acquired a new position in Vail Resorts in the fourth quarter valued at $291,000. Mutual of America Capital Management LLC raised its holdings in shares of Vail Resorts by 146.9% in the fourth quarter. Mutual of America Capital Management LLC now owns 133,082 shares of the company's stock valued at $24,946,000 after buying an additional 79,183 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Vail Resorts by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 3,716,657 shares of the company's stock worth $696,687,000 after buying an additional 25,916 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Vail Resorts by 17.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 27,232 shares of the company's stock worth $5,187,000 after buying an additional 4,080 shares during the last quarter. Hedge funds and other institutional investors own 94.94% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Barclays reaffirmed an "underweight" rating and set a $152.00 price objective (down from $165.00) on shares of Vail Resorts in a research note on Monday, March 10th. Morgan Stanley set a $152.00 price target on Vail Resorts in a research note on Friday, April 25th. Bank of America lowered their price objective on shares of Vail Resorts from $185.00 to $160.00 and set a "neutral" rating on the stock in a research report on Monday, April 21st. Macquarie cut their price objective on shares of Vail Resorts from $195.00 to $185.00 and set a "neutral" rating for the company in a research report on Wednesday, March 12th. Finally, Mizuho reduced their target price on shares of Vail Resorts from $227.00 to $215.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $187.60.

Vail Resorts Price Performance

Shares of MTN traded up $3.62 during trading hours on Tuesday, reaching $151.33. The company had a trading volume of 736,691 shares, compared to its average volume of 578,000. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. Vail Resorts, Inc. has a 12-month low of $129.85 and a 12-month high of $199.45. The firm has a 50 day simple moving average of $146.36 and a 200-day simple moving average of $164.83. The company has a market capitalization of $5.65 billion, a price-to-earnings ratio of 25.14, a PEG ratio of 1.93 and a beta of 0.91.

Vail Resorts (NYSE:MTN - Get Free Report) last issued its earnings results on Monday, March 10th. The company reported $6.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.29 by $0.27. The company had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.14 billion. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The firm's quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the company posted $5.76 earnings per share. Research analysts expect 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 Thursday, April 10th. Shareholders of record on Thursday, March 27th were given a dividend of $2.22 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $8.88 dividend on an annualized basis and a yield of 5.87%. Vail Resorts's payout ratio is 130.21%.

Insider Buying and Selling at Vail Resorts

In other Vail Resorts news, CFO Angela A. Korch acquired 185 shares of the company's stock in a transaction dated Thursday, March 13th. The stock was acquired at an average cost of $160.00 per share, with a total value of $29,600.00. Following the purchase, the chief financial officer now directly owns 2,956 shares in the company, valued at approximately $472,960. This trade represents a 6.68% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 1.20% of the stock is owned by corporate insiders.

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.