Tidal Investments LLC Sells 2,267 Shares of Vail Resorts, Inc. (NYSE:MTN)

Tidal Investments LLC reduced its stake in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 20.0% in the fourth 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.

Several other institutional investors also recently made changes to their positions in MTN. Diversify Advisory Services LLC bought a new stake in Vail Resorts in the 4th quarter valued at about $234,000. 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. Nisa Investment Advisors LLC raised its holdings in shares of Vail Resorts by 409.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 4,538 shares of the company's stock valued at $861,000 after buying an additional 3,648 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Vail Resorts by 4.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 30,343 shares of the company's stock worth $5,688,000 after buying an additional 1,232 shares during the period. Finally, Raleigh Capital Management Inc. grew its holdings in Vail Resorts by 20.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 393 shares of the company's stock worth $74,000 after buying an additional 67 shares in the last quarter. 94.94% of the stock is owned by institutional investors.

Vail Resorts Stock Up 9.1%

Vail Resorts stock traded up $13.80 during mid-day trading on Wednesday, hitting $165.30. The company's stock had a trading volume of 3,405,284 shares, compared to its average volume of 589,282. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. Vail Resorts, Inc. has a 52-week low of $129.85 and a 52-week high of $199.45. The firm's 50 day moving average is $146.18 and its 200 day moving average is $164.73. The company has a market cap of $6.17 billion, a PE ratio of 27.46, a price-to-earnings-growth ratio of 1.93 and a beta of 0.91.

Vail Resorts (NYSE:MTN - Get Free Report) last announced its quarterly earnings data on Monday, March 10th. The company reported $6.56 EPS for the quarter, beating analysts' consensus estimates of $6.29 by $0.27. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the previous year, the firm posted $5.76 earnings per share. The firm's revenue was up 5.5% on a year-over-year basis. On average, analysts anticipate that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Investors 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 5.37%. Vail Resorts's payout ratio is 130.21%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. raised shares of Vail Resorts from an "underweight" rating to a "neutral" rating and set a $167.00 price objective for the company in a report on Wednesday. Mizuho cut 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. Barclays restated an "underweight" rating and set a $152.00 target price (down from $165.00) on shares of Vail Resorts in a report on Monday, March 10th. Bank of America raised their price objective on Vail Resorts from $160.00 to $175.00 and gave the stock a "neutral" rating in a research note on Wednesday. Finally, Macquarie cut their target price on Vail Resorts from $195.00 to $185.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $189.10.

Insider Buying and Selling at Vail Resorts

In other Vail Resorts news, CFO Angela A. Korch bought 185 shares of the stock in a transaction on Thursday, March 13th. The shares were purchased at an average cost of $160.00 per share, with a total value of $29,600.00. Following the completion of the transaction, the chief financial officer now directly owns 2,956 shares of the company's stock, valued at $472,960. This represents a 6.68% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.20% of the company's stock.

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.