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

Vail Resorts logo with Consumer Discretionary background

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.

View Our Latest Stock Analysis on Vail Resorts

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

(Free Report)

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.

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Institutional Ownership by Quarter for Vail Resorts (NYSE:MTN)

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