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

Securian Asset Management Inc. cut its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,826 shares of the company’s stock after selling 100 shares during the quarter. Securian Asset Management Inc.’s holdings in Vail Resorts were worth $530,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MTN. Miracle Mile Advisors LLC increased its position in shares of Vail Resorts by 3.2% during the 4th quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company’s stock worth $398,000 after purchasing an additional 65 shares in the last quarter. Raleigh Capital Management Inc. boosted its position in Vail Resorts by 20.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 393 shares of the company’s stock valued at $74,000 after buying an additional 67 shares in the last quarter. Accretive Wealth Partners LLC grew its stake in Vail Resorts by 1.5% during the fourth quarter. Accretive Wealth Partners LLC now owns 5,294 shares of the company’s stock worth $992,000 after buying an additional 80 shares during the last quarter. UMB Bank n.a. increased its holdings in shares of Vail Resorts by 37.9% during the fourth quarter. UMB Bank n.a. now owns 302 shares of the company’s stock worth $57,000 after buying an additional 83 shares in the last quarter. Finally, Argonautica Private Wealth Management Inc. raised its stake in shares of Vail Resorts by 6.9% in the fourth quarter. Argonautica Private Wealth Management Inc. now owns 1,478 shares of the company’s stock valued at $277,000 after acquiring an additional 96 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Angela A. Korch purchased 185 shares of the stock in a transaction dated Thursday, March 13th. The stock was bought at an average cost 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 $472,960. The trade was a 6.68 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 1.20% of the company’s stock.

Vail Resorts Stock Up 1.8 %

Shares of NYSE:MTN opened at $162.41 on Tuesday. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. The stock has a market cap of $6.06 billion, a price-to-earnings ratio of 26.98, a P/E/G ratio of 1.93 and a beta of 1.12. The company has a 50 day moving average of $166.92 and a 200-day moving average of $175.42. Vail Resorts, Inc. has a one year low of $151.99 and a one year high of $233.57.

Vail Resorts (NYSE:MTN) last released its earnings results on Monday, March 10th. The company reported $6.56 EPS for the quarter, topping analysts’ consensus estimates of $6.29 by $0.27. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.14 billion. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.76 EPS. On average, sell-side analysts forecast that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Dividend Announcement

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

Analyst Ratings Changes

MTN has been the topic of a number of research analyst reports. Mizuho decreased their price target on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 11th. JPMorgan Chase & Co. increased their target price on Vail Resorts from $166.00 to $167.00 and gave the stock an “underweight” rating in a report on Tuesday, March 11th. Barclays reaffirmed an “underweight” rating and issued a $152.00 price target (down from $165.00) on shares of Vail Resorts in a report on Monday, March 10th. Macquarie decreased their price objective on shares of Vail Resorts from $195.00 to $185.00 and set a “neutral” rating on the stock in a report on Wednesday, March 12th. Finally, StockNews.com upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target 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.