Vail Resorts, Inc. (NYSE:MTN) Shares Sold by Mendota Financial Group LLC

Mendota Financial Group LLC lessened its stake in Vail Resorts, Inc. (NYSE:MTN) by 18.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 622 shares of the company’s stock after selling 143 shares during the quarter. Mendota Financial Group LLC’s holdings in Vail Resorts were worth $117,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Stifel Financial Corp lifted its holdings in Vail Resorts by 47.6% during the 3rd quarter. Stifel Financial Corp now owns 21,131 shares of the company’s stock worth $3,683,000 after buying an additional 6,816 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Vail Resorts by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 649,624 shares of the company’s stock valued at $113,252,000 after acquiring an additional 8,422 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Vail Resorts by 1,063.7% in the second quarter. AQR Capital Management LLC now owns 177,033 shares of the company’s stock worth $31,767,000 after purchasing an additional 161,820 shares during the period. River Road Asset Management LLC increased its stake in Vail Resorts by 606.6% during the third quarter. River Road Asset Management LLC now owns 341,311 shares of the company’s stock valued at $59,487,000 after purchasing an additional 293,006 shares during the last quarter. Finally, Point72 Hong Kong Ltd acquired a new stake in shares of Vail Resorts during the third quarter worth $12,577,000. Institutional investors own 94.94% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Stifel Nicolaus lifted their price target on shares of Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. 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. Morgan Stanley reiterated an “equal weight” rating and set a $197.00 price target on shares of Vail Resorts in a research report on Monday, December 23rd. Truist Financial dropped their target price on Vail Resorts from $250.00 to $247.00 and set a “buy” rating on the stock in a research report on Tuesday, December 10th. Finally, StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Vail Resorts has an average rating of “Hold” and an average price target of $205.50.

Vail Resorts Price Performance

NYSE MTN opened at $180.92 on Tuesday. The firm has a market capitalization of $6.77 billion, a PE ratio of 30.05, a P/E/G 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 12 month low of $165.00 and a 12 month high of $236.92. The company’s 50 day simple moving average is $183.56 and its 200 day simple moving average is $179.06.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings data on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping analysts’ consensus estimates of ($4.99) by $0.38. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The company had revenue of $260.28 million for the quarter, compared to the consensus estimate of $251.45 million. During the same quarter in the previous year, the business earned ($4.60) EPS. The company’s quarterly revenue was up .7% compared to the same quarter last year. As a group, equities research analysts forecast that Vail Resorts, Inc. will post 7.49 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were issued a $2.22 dividend. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 4.91%. Vail Resorts’s payout ratio is currently 147.51%.

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.