Hager Investment Management Services LLC Purchases New Stake in Vail Resorts, Inc. (NYSE:MTN)

Hager Investment Management Services LLC bought a new position in shares of Vail Resorts, Inc. (NYSE:MTN) during the fourth quarter, HoldingsChannel.com reports. The firm bought 437 shares of the company’s stock, valued at approximately $82,000.

Other institutional investors also recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in Vail Resorts during the third quarter worth $25,000. Capital Performance Advisors LLP purchased a new stake in Vail Resorts during the third quarter worth $25,000. Heck Capital Advisors LLC purchased a new stake in Vail Resorts during the fourth quarter worth $33,000. Blue Trust Inc. boosted its position in Vail Resorts by 246.7% during the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock worth $36,000 after purchasing an additional 148 shares in the last quarter. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of Vail Resorts in the fourth quarter valued at $40,000. 94.94% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on MTN. Barclays increased their price objective on Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a research note on Tuesday, December 10th. JPMorgan Chase & Co. decreased their price objective on Vail Resorts from $176.00 to $166.00 and set an “underweight” rating on the stock in a research note on Friday, January 17th. Macquarie increased their price objective on Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a research note on Wednesday, December 11th. UBS Group began coverage on Vail Resorts in a research note on Thursday, November 14th. They set a “neutral” rating and a $185.00 price objective on the stock. Finally, StockNews.com raised Vail Resorts from a “sell” rating to a “hold” rating in a research note on Friday, December 13th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $204.50.

Vail Resorts Stock Performance

Vail Resorts stock opened at $167.51 on Wednesday. The stock’s 50-day moving average is $181.89 and its 200-day moving average is $178.67. The company has a market cap of $6.27 billion, a price-to-earnings ratio of 27.83, a price-to-earnings-growth ratio of 2.07 and a beta of 1.11. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. Vail Resorts, Inc. has a 12 month low of $165.00 and a 12 month high of $236.92.

Vail Resorts (NYSE:MTN) last released 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. The company had revenue of $260.28 million for the quarter, compared to the consensus estimate of $251.45 million. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The company’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the business posted ($4.60) EPS. Equities analysts anticipate that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders 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 5.30%. Vail Resorts’s dividend payout ratio (DPR) is 147.51%.

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.