Vail Resorts, Inc. (NYSE:MTN) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC grew its stake in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 990.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,156 shares of the company's stock after acquiring an additional 13,766 shares during the quarter. SG Americas Securities LLC's holdings in Vail Resorts were worth $2,425,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Heck Capital Advisors LLC acquired a new position in Vail Resorts in the 4th quarter valued at about $33,000. GAMMA Investing LLC grew its holdings in shares of Vail Resorts by 75.3% during the first quarter. GAMMA Investing LLC now owns 270 shares of the company's stock worth $43,000 after buying an additional 116 shares in the last quarter. GeoWealth Management LLC raised its position in shares of Vail Resorts by 162.2% in 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 last quarter. Harvest Fund Management Co. Ltd purchased a new position in shares of Vail Resorts during the fourth quarter valued at approximately $92,000. Finally, Canada Pension Plan Investment Board acquired a new stake in Vail Resorts during the fourth quarter worth approximately $94,000. Institutional investors and hedge funds own 94.94% of the company's stock.

Vail Resorts Stock Up 0.4%

NYSE MTN traded up $0.64 on Wednesday, reaching $155.82. The company had a trading volume of 757,859 shares, compared to its average volume of 585,874. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.61 and a quick ratio of 0.54. Vail Resorts, Inc. has a 1 year low of $129.85 and a 1 year high of $199.45. The firm has a 50-day moving average of $147.06 and a 200-day moving average of $162.19. The firm has a market capitalization of $5.79 billion, a PE ratio of 19.92, a P/E/G ratio of 1.92 and a beta of 0.91.

Vail Resorts (NYSE:MTN - Get Free Report) last announced its earnings results 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. Vail Resorts had a net margin of 9.81% and a return on equity of 30.25%. The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the firm earned $9.54 earnings per share. The business's quarterly revenue was up 1.0% compared to the same quarter last year. On average, equities research analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Tuesday, June 24th will be paid a dividend of $2.22 per share. The ex-dividend date of this dividend is Tuesday, June 24th. This represents a $8.88 annualized dividend and a dividend yield of 5.70%. Vail Resorts's dividend payout ratio is presently 113.55%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on MTN. Morgan Stanley reissued an "equal weight" rating on shares of Vail Resorts in a research report on Friday, June 6th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Vail Resorts from $183.00 to $171.00 and set a "hold" rating for the company in a research note on Thursday, May 29th. UBS Group cut their target price on Vail Resorts from $185.00 to $169.00 and set a "neutral" rating on the stock in a research report on Wednesday, June 11th. Bank of America boosted their price target on Vail Resorts from $160.00 to $175.00 and gave the company a "neutral" rating in a research report on Wednesday, May 28th. Finally, Truist Financial cut their price objective on Vail Resorts from $247.00 to $244.00 and set a "buy" rating on the stock in a report on Friday, June 6th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $187.20.

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.