APG Asset Management N.V. Has $28.83 Million Stake in Vail Resorts, Inc. (NYSE:MTN)

APG Asset Management N.V. lowered its position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 87.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 159,251 shares of the company's stock after selling 1,134,539 shares during the quarter. APG Asset Management N.V. owned about 0.43% of Vail Resorts worth $28,828,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

Several research analysts have commented on MTN shares. Morgan Stanley lowered their price objective on shares of Vail Resorts from $197.00 to $178.00 and set an "equal weight" rating for the company in a research report on Tuesday, March 11th. JPMorgan Chase & Co. raised their price objective on Vail Resorts from $166.00 to $167.00 and gave the company an "underweight" rating in a research note on Tuesday, March 11th. Mizuho decreased their target price 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. Barclays reissued an "underweight" rating and issued a $152.00 target price (down previously from $165.00) on shares of Vail Resorts in a report on Monday, March 10th. Finally, Macquarie decreased their price target 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. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $193.56.

Vail Resorts Trading Down 1.9 %

NYSE MTN traded down $2.78 on Monday, hitting $139.81. The company's stock had a trading volume of 129,628 shares, compared to its average volume of 580,217. The company's 50-day moving average is $157.56 and its 200 day moving average is $171.00. The firm has a market cap of $5.22 billion, a PE ratio of 23.22, a PEG ratio of 1.93 and a beta of 0.93. Vail Resorts, Inc. has a 1-year low of $129.85 and a 1-year high of $229.93. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64.

Vail Resorts (NYSE:MTN - Get Free Report) last announced 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 firm had revenue of $1.14 billion for 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 business's quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business earned $5.76 EPS. As a group, analysts predict that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th were given a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 6.35%. The ex-dividend date was Thursday, March 27th. Vail Resorts's dividend payout ratio is presently 130.21%.

Insiders Place Their Bets

In other news, CFO Angela A. Korch bought 185 shares of the 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 completion of the purchase, the chief financial officer now directly owns 2,956 shares of the company's stock, valued at approximately $472,960. This represents a 6.68 % increase in their ownership of the stock. The acquisition 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.

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.