Nuveen LLC Buys Shares of 69,934 Marriott Vacations Worldwide Corporation $VAC

Nuveen LLC bought a new stake in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 69,934 shares of the company’s stock, valued at approximately $4,493,000. Nuveen LLC owned 0.20% of Marriott Vacations Worldwide as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of VAC. Fifth Third Bancorp boosted its holdings in shares of Marriott Vacations Worldwide by 136.5% in the first quarter. Fifth Third Bancorp now owns 395 shares of the company’s stock worth $25,000 after buying an additional 228 shares during the last quarter. Investment Advisory Group LLC bought a new stake in Marriott Vacations Worldwide during the first quarter valued at approximately $31,000. True Wealth Design LLC grew its position in Marriott Vacations Worldwide by 35.2% during the fourth quarter. True Wealth Design LLC now owns 595 shares of the company’s stock valued at $53,000 after buying an additional 155 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in Marriott Vacations Worldwide during the fourth quarter valued at approximately $89,000. Finally, Headlands Technologies LLC bought a new stake in Marriott Vacations Worldwide during the first quarter valued at approximately $112,000. Institutional investors own 89.52% of the company’s stock.

Insider Activity at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, Director Christian Asmar bought 412,449 shares of the business’s stock in a transaction that occurred on Tuesday, June 17th. The stock was purchased at an average cost of $67.61 per share, with a total value of $27,885,676.89. Following the completion of the acquisition, the director owned 3,708,433 shares in the company, valued at $250,727,155.13. This trade represents a 12.51% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.60% of the company’s stock.

Marriott Vacations Worldwide Price Performance

VAC stock opened at $77.64 on Wednesday. Marriott Vacations Worldwide Corporation has a one year low of $49.22 and a one year high of $100.32. The company’s fifty day moving average price is $76.72 and its 200-day moving average price is $70.21. The company has a debt-to-equity ratio of 2.17, a quick ratio of 2.90 and a current ratio of 3.55. The company has a market capitalization of $2.69 billion, a PE ratio of 11.67, a price-to-earnings-growth ratio of 1.13 and a beta of 1.49.

Marriott Vacations Worldwide (NYSE:VAC) last released its earnings results on Monday, August 4th. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.72 by $0.24. Marriott Vacations Worldwide had a net margin of 5.10% and a return on equity of 11.74%. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the firm earned $1.10 earnings per share. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.400-7.100 EPS. On average, equities analysts anticipate that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

VAC has been the subject of several recent research reports. Morgan Stanley restated an “underweight” rating on shares of Marriott Vacations Worldwide in a research report on Tuesday, July 15th. Mizuho cut their target price on shares of Marriott Vacations Worldwide from $112.00 to $105.00 and set an “outperform” rating for the company in a research report on Friday, May 9th. Truist Financial lowered their price target on shares of Marriott Vacations Worldwide from $128.00 to $127.00 and set a “buy” rating on the stock in a report on Thursday, August 21st. Stifel Nicolaus set a $101.00 price target on shares of Marriott Vacations Worldwide and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Finally, The Goldman Sachs Group upped their price target on shares of Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a “sell” rating in a research report on Wednesday, August 6th. Four research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $90.50.

Marriott Vacations Worldwide Profile

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management.