Strs Ohio Has $378,000 Position in Vacasa, Inc. (NASDAQ:VCSA)

Strs Ohio lifted its position in shares of Vacasa, Inc. (NASDAQ:VCSAGet Rating) by 140.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,200 shares of the company’s stock after buying an additional 71,900 shares during the period. Strs Ohio’s holdings in Vacasa were worth $378,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. LPL Financial LLC acquired a new position in shares of Vacasa during the second quarter worth about $31,000. PBMares Wealth Management LLC acquired a new position in shares of Vacasa during the third quarter worth about $32,000. Royal Bank of Canada boosted its position in shares of Vacasa by 339.3% during the first quarter. Royal Bank of Canada now owns 4,942 shares of the company’s stock worth $41,000 after buying an additional 3,817 shares during the period. Cambridge Investment Research Advisors Inc. acquired a new position in shares of Vacasa during the third quarter worth about $46,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in shares of Vacasa during the third quarter worth about $46,000. 41.97% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Northland Securities reduced their price objective on Vacasa to $5.00 in a research report on Tuesday, November 15th. Oppenheimer reduced their price target on Vacasa to $5.00 in a research report on Tuesday, November 15th. JMP Securities reduced their price target on Vacasa from $5.00 to $3.00 and set a “market outperform” rating for the company in a research report on Tuesday, December 20th. Needham & Company LLC reduced their price target on Vacasa from $7.00 to $5.00 and set a “buy” rating for the company in a research report on Thursday, November 10th. Finally, JPMorgan Chase & Co. cut Vacasa from an “overweight” rating to a “neutral” rating in a research report on Thursday, November 10th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $4.43.

Vacasa Stock Down 5.6 %

VCSA opened at $1.44 on Friday. Vacasa, Inc. has a 12-month low of $1.08 and a 12-month high of $9.38. The stock has a market cap of $630.82 million, a price-to-earnings ratio of -11.08 and a beta of 0.44. The business has a 50 day moving average of $1.43 and a 200-day moving average of $2.76.

Vacasa (NASDAQ:VCSAGet Rating) last released its quarterly earnings data on Wednesday, November 9th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The firm had revenue of $412.18 million during the quarter, compared to the consensus estimate of $391.50 million. As a group, analysts expect that Vacasa, Inc. will post -0.45 earnings per share for the current year.

Vacasa Company Profile

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Vacasa, Inc operates vacation rental management platform in North America, Belize, and Costa Rica. The company enables guests to search, discover, and book its properties on Vacasa.com and the Vacasa Guest App. It also provides services to buy and sell vacation homes through its network of real estate agents.

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Institutional Ownership by Quarter for Vacasa (NASDAQ:VCSA)

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