Entropy Technologies LP lifted its holdings in Vail Resorts, Inc. (NYSE:MTN – Free Report) by 47.4% in the 4th quarter, HoldingsChannel reports. The firm owned 4,537 shares of the company’s stock after purchasing an additional 1,458 shares during the quarter. Entropy Technologies LP’s holdings in Vail Resorts were worth $850,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of MTN. V Square Quantitative Management LLC acquired a new stake in Vail Resorts in the third quarter worth about $25,000. Capital Performance Advisors LLP bought a new stake in shares of Vail Resorts during the 3rd quarter worth about $25,000. Heck Capital Advisors LLC acquired a new stake in shares of Vail Resorts in the 4th quarter worth approximately $33,000. Blue Trust Inc. boosted its holdings in shares of Vail Resorts by 246.7% in the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock valued at $36,000 after acquiring an additional 148 shares in the last quarter. Finally, UMB Bank n.a. increased its stake in shares of Vail Resorts by 123.5% during the third quarter. UMB Bank n.a. now owns 219 shares of the company’s stock valued at $38,000 after acquiring an additional 121 shares during the period. 94.94% of the stock is owned by institutional investors and hedge funds.
Vail Resorts Stock Up 0.3 %
Shares of NYSE:MTN opened at $166.32 on Wednesday. The firm has a 50 day simple moving average of $180.58 and a 200 day simple moving average of $178.18. Vail Resorts, Inc. has a 52 week low of $164.35 and a 52 week high of $236.92. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63. The company has a market cap of $6.23 billion, a PE ratio of 27.63, a price-to-earnings-growth ratio of 2.07 and a beta of 1.11.
Vail Resorts Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were paid a dividend of $2.22 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $8.88 annualized dividend and a yield of 5.34%. Vail Resorts’s dividend payout ratio (DPR) is presently 147.51%.
Wall Street Analyst Weigh In
MTN has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their target price on Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a research report on Friday, January 17th. Mizuho raised 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. Morgan Stanley reiterated an “equal weight” rating and issued a $197.00 price target on shares of Vail Resorts in a research report on Monday, December 23rd. Truist Financial reduced their price objective on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating for the company in a research report on Tuesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Vail Resorts from $185.00 to $196.00 and gave the stock a “hold” rating in a report on Monday, December 9th. Two investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $204.50.
View Our Latest Stock Analysis on MTN
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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