Yousif Capital Management LLC Has $3.88 Million Position in Vail Resorts, Inc. (NYSE:MTN)

Yousif Capital Management LLC decreased its holdings in Vail Resorts, Inc. (NYSE:MTN) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,160 shares of the company’s stock after selling 199 shares during the quarter. Yousif Capital Management LLC’s holdings in Vail Resorts were worth $3,877,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. GAMMA Investing LLC bought a new position in shares of Vail Resorts during the 4th quarter worth approximately $45,000. Linden Thomas Advisory Services LLC lifted its holdings in shares of Vail Resorts by 3.0% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 3,307 shares of the company’s stock valued at $706,000 after acquiring an additional 95 shares during the period. Duality Advisers LP acquired a new stake in shares of Vail Resorts in the 4th quarter valued at $3,796,000. Handelsbanken Fonder AB grew its holdings in shares of Vail Resorts by 28.0% in the 4th quarter. Handelsbanken Fonder AB now owns 136,200 shares of the company’s stock worth $29,075,000 after purchasing an additional 29,800 shares during the last quarter. Finally, abrdn plc increased its position in shares of Vail Resorts by 16.1% during the 4th quarter. abrdn plc now owns 88,310 shares of the company’s stock worth $18,852,000 after purchasing an additional 12,241 shares in the last quarter. 94.94% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on MTN shares. Truist Financial restated a “buy” rating and issued a $290.00 price target on shares of Vail Resorts in a research report on Friday, January 19th. Mizuho assumed coverage on Vail Resorts in a report on Tuesday, March 26th. They issued a “buy” rating and a $256.00 target price on the stock. JPMorgan Chase & Co. decreased their price target on Vail Resorts from $252.00 to $243.00 and set a “neutral” rating on the stock in a research report on Monday, April 22nd. Bank of America downgraded Vail Resorts from a “buy” rating to a “neutral” rating and cut their price objective for the company from $285.00 to $250.00 in a research report on Friday, March 8th. Finally, Stifel Nicolaus restated a “buy” rating and set a $263.00 target price on shares of Vail Resorts in a report on Friday, March 22nd. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $260.11.

Vail Resorts Trading Down 0.3 %

Shares of MTN opened at $198.33 on Friday. The stock’s fifty day simple moving average is $222.50 and its 200-day simple moving average is $220.87. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 2.37. The firm has a market capitalization of $7.53 billion, a PE ratio of 33.11, a price-to-earnings-growth ratio of 2.19 and a beta of 1.11. Vail Resorts, Inc. has a 12-month low of $198.18 and a 12-month high of $258.13.

Vail Resorts (NYSE:MTN) last issued its earnings results on Monday, March 11th. The company reported $5.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.07 by ($0.31). The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.15 billion. Vail Resorts had a net margin of 8.44% and a return on equity of 19.16%. The firm’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period last year, the business posted $5.16 EPS. As a group, research analysts predict that Vail Resorts, Inc. will post 7.6 earnings per share for the current year.

Vail Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were issued a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date of this dividend was Wednesday, March 27th. This is a positive change from Vail Resorts’s previous quarterly dividend of $2.06. Vail Resorts’s payout ratio is currently 148.25%.

Insiders Place Their Bets

In other news, Director Peter A. Vaughn sold 1,000 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $222.77, for a total value of $222,770.00. Following the transaction, the director now owns 7,592 shares of the company’s stock, valued at approximately $1,691,269.84. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company 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.