Daiwa Securities Group Inc. Has $817,000 Position in Vail Resorts, Inc. (NYSE:MTN)

Daiwa Securities Group Inc. lifted its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 26.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,360 shares of the company’s stock after purchasing an additional 925 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Vail Resorts were worth $817,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Alberta Investment Management Corp acquired a new stake in shares of Vail Resorts during the fourth quarter worth about $3,134,000. Western Pacific Wealth Management LP bought a new position in shares of Vail Resorts during the fourth quarter worth about $291,000. Stifel Financial Corp grew its holdings in shares of Vail Resorts by 47.6% during the third quarter. Stifel Financial Corp now owns 21,131 shares of the company’s stock worth $3,683,000 after buying an additional 6,816 shares in the last quarter. Mutual of America Capital Management LLC grew its holdings in shares of Vail Resorts by 146.9% during the fourth quarter. Mutual of America Capital Management LLC now owns 133,082 shares of the company’s stock worth $24,946,000 after buying an additional 79,183 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Vail Resorts by 17.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 27,232 shares of the company’s stock worth $5,187,000 after buying an additional 4,080 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Insider Buying and Selling at Vail Resorts

In other Vail Resorts news, CFO Angela A. Korch purchased 185 shares of the firm’s stock in a transaction dated Thursday, March 13th. The shares were bought at an average price of $160.00 per share, for a total transaction of $29,600.00. Following the purchase, the chief financial officer now owns 2,956 shares in the company, valued at approximately $472,960. This trade represents a 6.68 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.20% of the company’s stock.

Vail Resorts Stock Performance

Shares of NYSE MTN opened at $159.68 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. Vail Resorts, Inc. has a 12 month low of $151.99 and a 12 month high of $233.57. The stock has a 50 day moving average of $167.25 and a 200-day moving average of $175.58. The company has a market capitalization of $5.96 billion, a P/E ratio of 26.52, a P/E/G ratio of 1.93 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last issued its earnings results on Monday, March 10th. The company reported $6.56 EPS for the quarter, topping the consensus estimate of $6.29 by $0.27. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.14 billion. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $5.76 EPS. As a group, equities research analysts predict that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th will be issued a $2.22 dividend. The ex-dividend date is Thursday, March 27th. This represents a $8.88 annualized dividend and a yield of 5.56%. Vail Resorts’s dividend payout ratio is presently 130.21%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. StockNews.com upgraded Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Deutsche Bank Aktiengesellschaft raised their price target on Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a research note on Monday, December 9th. Mizuho decreased their price target on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating for the company in a research note on Tuesday, March 11th. Stifel Nicolaus raised their price target on Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Finally, Barclays restated an “underweight” rating and issued a $152.00 price target (down from $165.00) on shares of Vail Resorts in a research note on Monday, March 10th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Vail Resorts currently has a consensus rating of “Hold” and an average price target of $193.56.

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.