Yousif Capital Management LLC Cuts Holdings in Marriott Vacations Worldwide Corporation $VAC

Yousif Capital Management LLC trimmed its holdings in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) by 1.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,827 shares of the company’s stock after selling 232 shares during the quarter. Yousif Capital Management LLC’s holdings in Marriott Vacations Worldwide were worth $855,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its holdings in Marriott Vacations Worldwide by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,931,782 shares of the company’s stock valued at $124,101,000 after buying an additional 48,585 shares during the period. Fuller & Thaler Asset Management Inc. increased its holdings in Marriott Vacations Worldwide by 32.2% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,822,687 shares of the company’s stock valued at $117,089,000 after buying an additional 444,126 shares during the period. Hotchkis & Wiley Capital Management LLC increased its holdings in Marriott Vacations Worldwide by 8.1% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 1,139,334 shares of the company’s stock valued at $73,191,000 after buying an additional 85,230 shares during the period. T. Rowe Price Investment Management Inc. increased its holdings in Marriott Vacations Worldwide by 2.8% during the first quarter. T. Rowe Price Investment Management Inc. now owns 800,315 shares of the company’s stock valued at $51,413,000 after buying an additional 21,631 shares during the period. Finally, Ananym Capital Management LP increased its holdings in Marriott Vacations Worldwide by 75.1% during the first quarter. Ananym Capital Management LP now owns 428,647 shares of the company’s stock valued at $27,536,000 after buying an additional 183,805 shares during the period. 89.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on VAC shares. Truist Financial cut their price objective 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. Morgan Stanley set a $70.00 price target on shares of Marriott Vacations Worldwide in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Marriott Vacations Worldwide in a report on Wednesday, October 8th. The Goldman Sachs Group lifted their price target on shares of Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a “sell” rating in a report on Wednesday, August 6th. Finally, Stifel Nicolaus set a $101.00 price target on shares of Marriott Vacations Worldwide and gave the stock a “buy” rating in a report on Tuesday, August 5th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $92.67.

Marriott Vacations Worldwide Price Performance

Shares of VAC opened at $71.86 on Thursday. The firm has a market capitalization of $2.49 billion, a PE ratio of 10.81, a price-to-earnings-growth ratio of 1.00 and a beta of 1.46. The company has a debt-to-equity ratio of 2.17, a current ratio of 3.55 and a quick ratio of 2.90. Marriott Vacations Worldwide Corporation has a 1-year low of $49.22 and a 1-year high of $100.32. The company’s fifty day moving average price is $72.93 and its 200-day moving average price is $69.85.

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

Marriott Vacations Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 17th were issued a dividend of $0.79 per share. The ex-dividend date of this dividend was Wednesday, September 17th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 4.4%. Marriott Vacations Worldwide’s payout ratio is 47.52%.

About Marriott Vacations Worldwide

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.