Mendota Financial Group LLC decreased its stake in Vail Resorts, Inc. (NYSE:MTN – Free Report) by 18.7% in the fourth quarter, HoldingsChannel reports. The firm owned 622 shares of the company’s stock after selling 143 shares during the period. Mendota Financial Group LLC’s holdings in Vail Resorts were worth $117,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of MTN. FNY Investment Advisers LLC grew its position in Vail Resorts by 166.7% during the 4th quarter. FNY Investment Advisers LLC now owns 800 shares of the company’s stock worth $149,000 after purchasing an additional 500 shares in the last quarter. Miracle Mile Advisors LLC boosted its position in shares of Vail Resorts by 3.2% in 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. Eagle Bay Advisors LLC acquired a new position in Vail Resorts during the fourth quarter valued at $40,000. Green Alpha Advisors LLC lifted its stake in Vail Resorts by 101.3% in the 4th quarter. Green Alpha Advisors LLC now owns 6,112 shares of the company’s stock worth $1,146,000 after acquiring an additional 3,075 shares in the last quarter. Finally, Everence Capital Management Inc. purchased a new stake in Vail Resorts in the 4th quarter worth about $347,000. Hedge funds and other institutional investors own 94.94% of the company’s stock.
Vail Resorts Stock Performance
Shares of MTN opened at $180.92 on Tuesday. The company has a market capitalization of $6.77 billion, a PE ratio of 30.05, a price-to-earnings-growth ratio of 2.22 and a beta of 1.12. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.71. Vail Resorts, Inc. has a one year low of $165.00 and a one year high of $236.92. The company’s fifty day moving average price is $183.56 and its 200 day moving average price is $179.06.
Vail Resorts Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were given a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 4.91%. The ex-dividend date was Thursday, December 26th. Vail Resorts’s dividend payout ratio (DPR) is currently 147.51%.
Analyst Upgrades and Downgrades
MTN has been the topic of several research analyst reports. Mizuho lifted their target price on Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Barclays lifted their target price on shares of Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a research note on Tuesday, December 10th. Stifel Nicolaus increased their price target on shares of Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. UBS Group began coverage on shares of Vail Resorts in a research note on Thursday, November 14th. They issued a “neutral” rating and a $185.00 price objective for the company. Finally, StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Vail Resorts has a consensus rating of “Hold” and an average target price of $205.50.
Get Our Latest Stock Report on Vail Resorts
Vail Resorts 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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