Vail Resorts, Inc. $MTN Stock Holdings Increased by Waratah Capital Advisors Ltd.

Waratah Capital Advisors Ltd. increased its stake in Vail Resorts, Inc. (NYSE:MTN) by 31.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 228,388 shares of the company’s stock after acquiring an additional 54,722 shares during the period. Vail Resorts makes up approximately 0.6% of Waratah Capital Advisors Ltd.’s investment portfolio, making the stock its 13th biggest position. Waratah Capital Advisors Ltd. owned approximately 0.64% of Vail Resorts worth $34,160,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MTN. World Investment Advisors purchased a new stake in Vail Resorts in the 3rd quarter worth about $1,118,000. TD Waterhouse Canada Inc. raised its holdings in shares of Vail Resorts by 376.3% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 16,584 shares of the company’s stock valued at $2,553,000 after purchasing an additional 13,102 shares in the last quarter. Rice Hall James & Associates LLC boosted its holdings in Vail Resorts by 11.4% in the third quarter. Rice Hall James & Associates LLC now owns 115,724 shares of the company’s stock worth $17,309,000 after purchasing an additional 11,809 shares in the last quarter. Blume Capital Management Inc. boosted its position in Vail Resorts by 317.0% during the third quarter. Blume Capital Management Inc. now owns 9,703 shares of the company’s stock worth $1,451,000 after purchasing an additional 7,376 shares during the period. Finally, Confluence Investment Management LLC acquired a new stake in shares of Vail Resorts in the third quarter valued at about $8,160,000. 94.90% of the stock is currently owned by institutional investors.

Vail Resorts Stock Performance

NYSE MTN opened at $142.11 on Wednesday. The firm has a 50-day moving average price of $138.97 and a two-hundred day moving average price of $146.05. Vail Resorts, Inc. has a 12-month low of $126.15 and a 12-month high of $175.51. The company has a market capitalization of $5.08 billion, a P/E ratio of 20.84, a P/E/G ratio of 8.52 and a beta of 0.81. The company has a quick ratio of 0.46, a current ratio of 0.54 and a debt-to-equity ratio of 5.52.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings results on Wednesday, December 10th. The company reported ($5.20) EPS for the quarter, topping analysts’ consensus estimates of ($5.23) by $0.03. The company had revenue of $271.03 million during the quarter, compared to analysts’ expectations of $273.35 million. Vail Resorts had a return on equity of 32.51% and a net margin of 8.94%.Vail Resorts’s revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($4.61) EPS. Analysts anticipate that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Tuesday, December 30th were paid a $2.22 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $8.88 annualized dividend and a dividend yield of 6.2%. Vail Resorts’s dividend payout ratio is presently 130.21%.

Analyst Ratings Changes

Several research firms have recently issued reports on MTN. Barclays set a $140.00 price objective on shares of Vail Resorts in a report on Wednesday, February 4th. Wall Street Zen downgraded Vail Resorts from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $156.00 target price on shares of Vail Resorts in a research report on Wednesday, January 14th. Truist Financial cut their price target on Vail Resorts from $237.00 to $234.00 and set a “buy” rating on the stock in a research note on Monday, December 29th. Finally, Morgan Stanley set a $150.00 price objective on Vail Resorts in a report on Friday, January 16th. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $173.27.

Vail Resorts Profile

Vail Resorts, Inc is a leading mountain resort company that owns and operates an integrated network of ski areas, hotels, restaurants and retail outlets. The company’s signature Epic Pass program offers skiers and snowboarders season‐long access to its portfolio of resorts, while ancillary services such as ski and snowboard schools, equipment rental and retail drive additional revenue.

Headquartered in Broomfield, Colorado, Vail Resorts was formed in 1997, building on the legacy of Vail Associates, which opened the Vail ski area in 1962.