Securian Asset Management Inc. Has $530,000 Holdings in Vail Resorts, Inc. (NYSE:MTN)

Securian Asset Management Inc. trimmed its holdings in Vail Resorts, Inc. (NYSE:MTN) by 3.4% in the fourth quarter, Holdings Channel reports. The fund owned 2,826 shares of the company’s stock after selling 100 shares during the period. Securian Asset Management Inc.’s holdings in Vail Resorts were worth $530,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of MTN. Bamco Inc. NY lifted its holdings in shares of Vail Resorts by 2.7% during the 3rd quarter. Bamco Inc. NY now owns 5,185,136 shares of the company’s stock valued at $903,717,000 after purchasing an additional 136,328 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Vail Resorts by 4.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,202,176 shares of the company’s stock valued at $225,348,000 after buying an additional 47,417 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Vail Resorts by 8.1% in the third quarter. The Manufacturers Life Insurance Company now owns 686,984 shares of the company’s stock valued at $119,734,000 after buying an additional 51,438 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Vail Resorts by 1.3% in the third quarter. Geode Capital Management LLC now owns 649,624 shares of the company’s stock valued at $113,252,000 after buying an additional 8,422 shares during the period. Finally, First Pacific Advisors LP increased its position in shares of Vail Resorts by 12.4% during the fourth quarter. First Pacific Advisors LP now owns 522,285 shares of the company’s stock worth $97,902,000 after acquiring an additional 57,484 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors.

Vail Resorts Trading Up 1.8 %

Shares of Vail Resorts stock opened at $162.41 on Tuesday. Vail Resorts, Inc. has a 12-month low of $151.99 and a 12-month high of $233.57. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64. The business’s 50 day moving average is $166.92 and its 200-day moving average is $175.42. The stock has a market cap of $6.06 billion, a P/E ratio of 26.98, a P/E/G ratio of 1.93 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings results on Monday, March 10th. The company reported $6.56 EPS for the quarter, beating analysts’ consensus estimates of $6.29 by $0.27. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter last year, the company posted $5.76 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Equities research analysts predict that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be given a dividend of $2.22 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $8.88 annualized dividend and a dividend yield of 5.47%. Vail Resorts’s dividend payout ratio is currently 130.21%.

Insider Activity at Vail Resorts

In related news, CFO Angela A. Korch acquired 185 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average price of $160.00 per share, with a total value of $29,600.00. Following the purchase, the chief financial officer now directly owns 2,956 shares in the company, valued at approximately $472,960. This trade represents a 6.68 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on MTN. Stifel Nicolaus boosted their price objective on shares of Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. StockNews.com upgraded Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Barclays reiterated an “underweight” rating and set a $152.00 price objective (down from $165.00) on shares of Vail Resorts in a report on Monday, March 10th. Mizuho cut their target price on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 11th. Finally, JPMorgan Chase & Co. raised their price target on shares of Vail Resorts from $166.00 to $167.00 and gave the stock an “underweight” rating in a research note on Tuesday, March 11th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Vail Resorts presently has a consensus rating of “Hold” and a consensus target price of $193.56.

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.