Orion Portfolio Solutions LLC Has $1.22 Million Stock Holdings in Vail Resorts, Inc. (NYSE:MTN)

Orion Portfolio Solutions LLC lowered its stake in Vail Resorts, Inc. (NYSE:MTN) by 3.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,013 shares of the company’s stock after selling 258 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Vail Resorts were worth $1,222,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in MTN. Signaturefd LLC lifted its stake in shares of Vail Resorts by 150.9% in the 2nd quarter. Signaturefd LLC now owns 138 shares of the company’s stock valued at $25,000 after purchasing an additional 83 shares during the period. V Square Quantitative Management LLC acquired a new position in shares of Vail Resorts in the 3rd quarter valued at $25,000. Capital Performance Advisors LLP acquired a new position in shares of Vail Resorts in the 3rd quarter valued at $25,000. Brown Brothers Harriman & Co. lifted its stake in shares of Vail Resorts by 318.8% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock valued at $36,000 after purchasing an additional 153 shares during the period. Finally, UMB Bank n.a. lifted its stake in shares of Vail Resorts by 123.5% in the 3rd quarter. UMB Bank n.a. now owns 219 shares of the company’s stock valued at $38,000 after purchasing an additional 121 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.

Vail Resorts Trading Down 1.8 %

Shares of NYSE:MTN opened at $190.42 on Friday. Vail Resorts, Inc. has a 52-week low of $165.00 and a 52-week high of $236.92. The company has a market capitalization of $7.13 billion, a P/E ratio of 31.63, a price-to-earnings-growth ratio of 2.22 and a beta of 1.14. The company has a 50-day simple moving average of $177.35 and a 200 day simple moving average of $178.78. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.71 and a current ratio of 0.63.

Vail Resorts (NYSE:MTN) last issued its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, beating the consensus estimate of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The business had revenue of $260.28 million during the quarter, compared to the consensus estimate of $251.45 million. During the same period last year, the business posted ($4.60) EPS. Vail Resorts’s revenue was up .7% on a year-over-year basis. Sell-side analysts forecast that Vail Resorts, Inc. will post 7.49 earnings per share for the current year.

Vail Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th will be given a dividend of $2.22 per share. The ex-dividend date of this dividend is Thursday, December 26th. This represents a $8.88 annualized dividend and a yield of 4.66%. Vail Resorts’s dividend payout ratio (DPR) is presently 147.51%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on MTN shares. Barclays upped their price objective on shares of Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a research report on Tuesday, December 10th. Morgan Stanley upped their price objective on shares of Vail Resorts from $182.00 to $197.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 10th. Truist Financial lowered 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. StockNews.com upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a research report on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $205.50.

Insiders Place Their Bets

In other Vail Resorts news, insider Robert A. Katz sold 9,296 shares of the firm’s stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $175.98, for a total transaction of $1,635,910.08. Following the completion of the sale, the insider now directly owns 245,961 shares in the company, valued at $43,284,216.78. This trade represents a 3.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Angela A. Korch acquired 165 shares of the business’s stock in a transaction on Thursday, October 3rd. The shares were bought at an average price of $173.09 per share, with a total value of $28,559.85. Following the completion of the transaction, the chief financial officer now directly owns 2,187 shares of the company’s stock, valued at approximately $378,547.83. The trade was a 8.16 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 1.20% of the company’s stock.

Vail Resorts Company 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.