Capital Fund Management S.A. Buys New Stake in Marriott Vacations Worldwide Corporation $VAC

Capital Fund Management S.A. bought a new stake in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 21,333 shares of the company’s stock, valued at approximately $1,543,000. Capital Fund Management S.A. owned approximately 0.06% of Marriott Vacations Worldwide at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its stake in shares of Marriott Vacations Worldwide by 8.0% during the first quarter. Envestnet Asset Management Inc. now owns 5,993 shares of the company’s stock valued at $385,000 after purchasing an additional 443 shares in the last quarter. XTX Topco Ltd increased its stake in Marriott Vacations Worldwide by 17.8% during the 1st quarter. XTX Topco Ltd now owns 3,485 shares of the company’s stock valued at $224,000 after buying an additional 526 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Marriott Vacations Worldwide by 0.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 257,035 shares of the company’s stock worth $16,512,000 after buying an additional 1,088 shares in the last quarter. Headlands Technologies LLC acquired a new stake in shares of Marriott Vacations Worldwide in the 1st quarter worth approximately $112,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Marriott Vacations Worldwide in the 1st quarter worth approximately $783,000. Institutional investors own 89.52% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Truist Financial dropped their target price on Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating on the stock in a report on Friday, November 14th. Morgan Stanley set a $70.00 price target on Marriott Vacations Worldwide in a research report on Wednesday, October 22nd. Wells Fargo & Company initiated coverage on Marriott Vacations Worldwide in a research note on Tuesday, November 18th. They issued an “underweight” rating and a $37.00 price objective on the stock. Mizuho cut Marriott Vacations Worldwide from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $85.00 to $58.00 in a research note on Tuesday, November 11th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Marriott Vacations Worldwide in a report on Monday. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $63.38.

Insider Activity at Marriott Vacations Worldwide

In other news, Director Dianna Morgan bought 500 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was bought at an average cost of $51.22 per share, for a total transaction of $25,610.00. Following the completion of the acquisition, the director directly owned 23,094 shares in the company, valued at $1,182,874.68. This represents a 2.21% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Jonice M. Gray purchased 1,100 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were purchased at an average price of $54.47 per share, for a total transaction of $59,917.00. Following the acquisition, the director directly owned 13,205 shares of the company’s stock, valued at $719,276.35. This trade represents a 9.09% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders bought 96,100 shares of company stock valued at $4,566,692. Corporate insiders own 1.60% of the company’s stock.

Marriott Vacations Worldwide Stock Performance

VAC opened at $54.76 on Friday. The company has a quick ratio of 3.22, a current ratio of 3.87 and a debt-to-equity ratio of 2.29. The firm has a market cap of $1.90 billion, a PE ratio of 12.28, a P/E/G ratio of 1.21 and a beta of 1.37. The business has a fifty day simple moving average of $60.27 and a 200-day simple moving average of $69.51. Marriott Vacations Worldwide Corporation has a fifty-two week low of $44.58 and a fifty-two week high of $98.76.

Marriott Vacations Worldwide (NYSE:VAC) last announced its earnings results on Wednesday, November 5th. The company reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.05. Marriott Vacations Worldwide had a return on equity of 11.44% and a net margin of 3.44%.The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period in the previous year, the firm earned $1.80 earnings per share. Marriott Vacations Worldwide’s revenue for the quarter was down 3.2% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.700-7.100 EPS. As a group, equities analysts predict that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current fiscal year.

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.