Shares of Vail Resorts, Inc. (NYSE:MTN) reached a new 52-week low during trading on Friday . The stock traded as low as $181.96 and last traded at $188.25, with a volume of 2418757 shares trading hands. The stock had previously closed at $214.63.

Several analysts recently commented on the stock. Bank of America lowered shares of Vail Resorts from a “buy” rating to a “neutral” rating in a research note on Friday. KeyCorp increased their target price on shares of Vail Resorts from $290.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, October 1st. Barclays cut their target price on shares of Vail Resorts from $290.00 to $280.00 and set an “overweight” rating for the company in a research note on Monday, December 10th. Zacks Investment Research lowered shares of Vail Resorts from a “hold” rating to a “sell” rating in a research note on Tuesday, December 11th. Finally, Deutsche Bank set a $297.00 price target on shares of Vail Resorts and gave the company a “buy” rating in a research report on Saturday, December 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $290.89.

The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.35 and a current ratio of 0.50. The stock has a market cap of $8.69 billion, a P/E ratio of 29.67 and a beta of 0.89.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Friday, December 7th. The company reported ($2.66) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($2.44) by ($0.22). The firm had revenue of $220.00 million during the quarter, compared to analysts’ expectations of $235.08 million. Vail Resorts had a net margin of 14.94% and a return on equity of 13.55%. The firm’s revenue was down .4% compared to the same quarter last year. During the same quarter last year, the company posted ($2.00) EPS. Sell-side analysts forecast that Vail Resorts, Inc. will post 7.67 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 10th. Stockholders of record on Thursday, December 27th were paid a dividend of $1.47 per share. The ex-dividend date was Wednesday, December 26th. This represents a $5.88 annualized dividend and a dividend yield of 3.16%. Vail Resorts’s dividend payout ratio (DPR) is 93.48%.

In related news, Director John F. Sorte sold 2,134 shares of the firm’s stock in a transaction on Wednesday, December 12th. The shares were sold at an average price of $240.02, for a total value of $512,202.68. Following the transaction, the director now directly owns 47,314 shares in the company, valued at approximately $11,356,306.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.90% of the company’s stock.

A number of institutional investors have recently modified their holdings of MTN. Highwater Wealth Management LLC bought a new stake in Vail Resorts in the 4th quarter valued at $32,000. Harvest Fund Management Co. Ltd lifted its holdings in shares of Vail Resorts by 144.3% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 386 shares of the company’s stock worth $106,000 after acquiring an additional 228 shares during the period. Almanack Investment Partners LLC. bought a new position in shares of Vail Resorts during the 2nd quarter worth about $122,000. Tower Research Capital LLC TRC lifted its holdings in shares of Vail Resorts by 56.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 504 shares of the company’s stock worth $138,000 after acquiring an additional 181 shares during the period. Finally, GWM Advisors LLC bought a new position in shares of Vail Resorts during the 3rd quarter worth about $206,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

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Vail Resorts Company Profile (NYSE:MTN)

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and urban ski areas in the United States. The company operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 11 mountain resorts, including Vail Mountain, Breckenridge Ski, Keystone, and Beaver Creek resorts in Colorado; Park City resort in Utah; Heavenly Mountain, Northstar, and Kirkwood Mountain resorts in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Stowe Mountain resort in Vermont; and Perisher in Australia, as well as 3 urban ski areas, such as Wilmot Mountain in Wisconsin, Afton Alps in Minnesota, and Mount Brighton in Michigan.

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