Vail Resorts, Inc. (NYSE:MTN) Shares Purchased by Michelson Medical Research Foundation Inc.

Michelson Medical Research Foundation Inc. lifted its stake in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 72.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 86,000 shares of the company's stock after purchasing an additional 36,000 shares during the quarter. Vail Resorts comprises about 13.5% of Michelson Medical Research Foundation Inc.'s holdings, making the stock its largest holding. Michelson Medical Research Foundation Inc. owned 0.23% of Vail Resorts worth $16,121,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Miracle Mile Advisors LLC boosted its position in shares of Vail Resorts by 3.2% during the fourth quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company's stock worth $398,000 after buying an additional 65 shares during the period. Raleigh Capital Management Inc. boosted its position in shares of Vail Resorts by 20.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 393 shares of the company's stock worth $74,000 after buying an additional 67 shares during the period. Sterling Capital Management LLC boosted its position in shares of Vail Resorts by 8.5% during the fourth quarter. Sterling Capital Management LLC now owns 881 shares of the company's stock worth $165,000 after buying an additional 69 shares during the period. Accretive Wealth Partners LLC boosted its position in shares of Vail Resorts by 1.5% during the fourth quarter. Accretive Wealth Partners LLC now owns 5,294 shares of the company's stock worth $992,000 after buying an additional 80 shares during the period. Finally, UMB Bank n.a. boosted its position 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 worth $57,000 after buying an additional 83 shares during the period. Institutional investors and hedge funds own 94.94% of the company's stock.

Analyst Upgrades and Downgrades

MTN has been the subject of several analyst reports. Mizuho lowered their target price on Vail Resorts from $227.00 to $215.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. JPMorgan Chase & Co. boosted their target price on Vail Resorts from $166.00 to $167.00 and gave the stock an "underweight" rating in a research note on Tuesday, March 11th. Barclays reissued an "underweight" rating and set a $152.00 target price (down from $165.00) on shares of Vail Resorts in a research note on Monday, March 10th. Morgan Stanley set a $152.00 target price on Vail Resorts in a research note on Friday, April 25th. Finally, Macquarie lowered their target price on Vail Resorts from $195.00 to $185.00 and set a "neutral" rating for the company in a research note on Wednesday, March 12th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Vail Resorts has a consensus rating of "Hold" and a consensus target price of $187.60.

Vail Resorts Stock Performance

NYSE MTN opened at $148.76 on Tuesday. The stock has a market capitalization of $5.55 billion, a price-to-earnings ratio of 24.71, a PEG ratio of 1.93 and a beta of 0.91. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. The business's 50 day moving average is $148.48 and its two-hundred day moving average is $166.30. Vail Resorts, Inc. has a 12-month low of $129.85 and a 12-month high of $206.38.

Vail Resorts (NYSE:MTN - Get Free Report) last posted 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. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the prior year, the company earned $5.76 EPS. Vail Resorts's revenue was up 5.5% on a year-over-year basis. Research analysts expect that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th were paid a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date of this dividend was Thursday, March 27th. Vail Resorts's dividend payout ratio is presently 130.21%.

Insiders Place Their Bets

In other 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, for a total transaction of $29,600.00. Following the acquisition, the chief financial officer now directly owns 2,956 shares in the company, valued at approximately $472,960. This represents a 6.68% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.20% of the company's stock.

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.

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