Strs Ohio Buys New Holdings in Marriott Vacations Worldwide Corporation $VAC

Strs Ohio 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 Form 13F filing with the Securities and Exchange Commission. The firm bought 19,656 shares of the company’s stock, valued at approximately $1,263,000. Strs Ohio owned 0.06% of Marriott Vacations Worldwide at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VAC. GAMMA Investing LLC grew its holdings in Marriott Vacations Worldwide by 6,557.7% during the 1st quarter. GAMMA Investing LLC now owns 14,647 shares of the company’s stock valued at $941,000 after buying an additional 14,427 shares in the last quarter. SG Americas Securities LLC purchased a new position in Marriott Vacations Worldwide during the 1st quarter valued at approximately $436,000. Wealth Enhancement Advisory Services LLC grew its holdings in Marriott Vacations Worldwide by 74.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,653 shares of the company’s stock valued at $1,226,000 after buying an additional 5,816 shares in the last quarter. Blueshift Asset Management LLC purchased a new position in Marriott Vacations Worldwide during the 1st quarter valued at approximately $358,000. Finally, Allianz Asset Management GmbH grew its holdings in Marriott Vacations Worldwide by 109.3% during the 1st quarter. Allianz Asset Management GmbH now owns 75,676 shares of the company’s stock valued at $4,861,000 after buying an additional 39,522 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Stifel Nicolaus set a $101.00 price target on Marriott Vacations Worldwide and gave the company a “buy” rating in a report on Tuesday, August 5th. Truist Financial cut their price target on Marriott Vacations Worldwide from $128.00 to $127.00 and set a “buy” rating for the company in a report on Thursday, August 21st. Morgan Stanley reiterated an “underweight” rating on shares of Marriott Vacations Worldwide in a report on Tuesday, July 15th. Finally, The Goldman Sachs Group lifted their target price on Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a “sell” rating in a 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. Based on data from MarketBeat, Marriott Vacations Worldwide presently has an average rating of “Hold” and a consensus target price of $90.50.

Marriott Vacations Worldwide Trading Down 2.7%

Shares of NYSE VAC opened at $75.84 on Thursday. The company has a quick ratio of 2.90, a current ratio of 3.55 and a debt-to-equity ratio of 2.17. The business has a fifty day simple moving average of $77.76 and a two-hundred day simple moving average of $69.55. The firm has a market cap of $2.62 billion, a PE ratio of 11.40, a price-to-earnings-growth ratio of 1.13 and a beta of 1.48. Marriott Vacations Worldwide Corporation has a twelve month low of $49.22 and a twelve month high of $100.32.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly 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. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.22 billion. Marriott Vacations Worldwide had a return on equity of 11.74% and a net margin of 5.10%.The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.10 EPS. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.400-7.100 EPS. Analysts expect that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 17th will be given a $0.79 dividend. This represents a $3.16 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, September 17th. Marriott Vacations Worldwide’s payout ratio is presently 47.52%.

Marriott Vacations Worldwide Company 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.