WINTON GROUP Ltd Acquires Shares of 20,439 Vail Resorts, Inc. $MTN

WINTON GROUP Ltd bought a new position in shares of Vail Resorts, Inc. (NYSE:MTN) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 20,439 shares of the company’s stock, valued at approximately $3,212,000. WINTON GROUP Ltd owned about 0.06% of Vail Resorts as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC raised its holdings in Vail Resorts by 815.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock valued at $27,000 after acquiring an additional 155 shares during the period. SouthState Corp bought a new position in shares of Vail Resorts during the first quarter worth approximately $29,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Vail Resorts by 196.8% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 187 shares of the company’s stock worth $29,000 after purchasing an additional 124 shares during the period. Farther Finance Advisors LLC lifted its holdings in Vail Resorts by 676.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 194 shares of the company’s stock worth $30,000 after purchasing an additional 169 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in Vail Resorts by 222.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 213 shares of the company’s stock valued at $33,000 after purchasing an additional 147 shares during the period. Institutional investors own 94.90% of the company’s stock.

Wall Street Analyst Weigh In

MTN has been the topic of several recent research reports. Barclays lowered their price objective on Vail Resorts from $152.00 to $145.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 30th. Weiss Ratings cut shares of Vail Resorts from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Vail Resorts from $170.00 to $165.00 and set a “hold” rating for the company in a report on Wednesday, September 17th. Truist Financial lowered their target price on shares of Vail Resorts from $244.00 to $237.00 and set a “buy” rating on the stock in a report on Tuesday, September 30th. Finally, Wall Street Zen downgraded shares of Vail Resorts from a “hold” rating to a “sell” rating in a research report on Friday, October 3rd. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $175.60.

Vail Resorts Price Performance

MTN stock opened at $144.16 on Tuesday. The company’s 50-day moving average price is $147.02 and its two-hundred day moving average price is $152.57. The firm has a market cap of $5.17 billion, a P/E ratio of 19.46, a P/E/G ratio of 2.44 and a beta of 0.81. The company has a quick ratio of 0.56, a current ratio of 0.63 and a debt-to-equity ratio of 3.44. Vail Resorts, Inc. has a 12 month low of $129.85 and a 12 month high of $199.45.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings results on Monday, September 29th. The company reported ($5.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($4.75) by ($0.33). The firm had revenue of $271.29 million for the quarter, compared to analyst estimates of $272.87 million. Vail Resorts had a return on equity of 31.54% and a net margin of 9.45%.The business’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the business posted ($4.67) EPS. On average, analysts anticipate that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 27th. Shareholders of record on Thursday, October 9th were issued a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend was Thursday, October 9th. Vail Resorts’s dividend payout ratio (DPR) is currently 119.84%.

Insider Activity

In other Vail Resorts news, CFO Angela A. Korch purchased 210 shares of the stock in a transaction dated Tuesday, October 7th. The stock was bought at an average price of $155.00 per share, with a total value of $32,550.00. Following the acquisition, the chief financial officer owned 4,905 shares of the company’s stock, valued at approximately $760,275. This represents a 4.47% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.20% of the company’s stock.

About Vail Resorts

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.