Deprince Race & Zollo Inc. Purchases 110,469 Shares of Marriott Vacations Worldwide Corporation $VAC

Deprince Race & Zollo Inc. increased its position in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) by 34.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 429,639 shares of the company’s stock after purchasing an additional 110,469 shares during the period. Deprince Race & Zollo Inc. owned about 1.24% of Marriott Vacations Worldwide worth $28,597,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Ameritas Advisory Services LLC acquired a new stake in Marriott Vacations Worldwide during the second quarter worth $25,000. Hantz Financial Services Inc. raised its stake in shares of Marriott Vacations Worldwide by 627.8% in the 2nd quarter. Hantz Financial Services Inc. now owns 393 shares of the company’s stock valued at $28,000 after buying an additional 339 shares in the last quarter. Assetmark Inc. lifted its holdings in shares of Marriott Vacations Worldwide by 90.6% during the 2nd quarter. Assetmark Inc. now owns 427 shares of the company’s stock worth $31,000 after acquiring an additional 203 shares during the period. Allworth Financial LP boosted its position in shares of Marriott Vacations Worldwide by 79.8% during the 2nd quarter. Allworth Financial LP now owns 473 shares of the company’s stock valued at $34,000 after acquiring an additional 210 shares in the last quarter. Finally, UMB Bank n.a. increased its stake in Marriott Vacations Worldwide by 194.9% in the second quarter. UMB Bank n.a. now owns 690 shares of the company’s stock valued at $50,000 after acquiring an additional 456 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VAC has been the subject of a number of analyst reports. Wall Street Zen upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Sunday, December 21st. Wells Fargo & Company started coverage on Marriott Vacations Worldwide in a research report on Tuesday, November 18th. They set an “underweight” rating and a $37.00 target price for the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Marriott Vacations Worldwide in a research report on Monday, December 22nd. Barclays cut their price objective on Marriott Vacations Worldwide from $87.00 to $64.00 and set an “overweight” rating for the company in a report on Friday, November 7th. Finally, The Goldman Sachs Group lowered their target price on shares of Marriott Vacations Worldwide from $63.00 to $54.00 and set a “sell” rating on the stock in a report on Tuesday, November 11th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $63.38.

Marriott Vacations Worldwide Stock Up 0.4%

Shares of NYSE VAC opened at $58.50 on Friday. Marriott Vacations Worldwide Corporation has a 12-month low of $44.58 and a 12-month high of $91.92. The firm’s 50-day simple moving average is $57.25 and its 200 day simple moving average is $68.44. 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 company has a market cap of $2.02 billion, a price-to-earnings ratio of 13.12, a price-to-earnings-growth ratio of 1.28 and a beta of 1.37.

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

Marriott Vacations Worldwide Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 24th will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Wednesday, December 24th. This represents a $3.20 annualized dividend and a yield of 5.5%. This is a positive change from Marriott Vacations Worldwide’s previous quarterly dividend of $0.79. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is currently 71.75%.

Insider Transactions at Marriott Vacations Worldwide

In other news, Director Lizanne Galbreath bought 5,500 shares of the stock in a transaction dated Tuesday, November 18th. The stock was bought at an average cost of $46.51 per share, with a total value of $255,805.00. Following the purchase, the director owned 25,714 shares of the company’s stock, valued at approximately $1,195,958.14. This represents a 27.21% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director William W. Mccarten bought 5,000 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were purchased at an average price of $48.08 per share, with a total value of $240,400.00. Following the transaction, the director owned 13,708 shares of the company’s stock, valued at $659,080.64. The trade was a 57.42% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders purchased 96,100 shares of company stock worth $4,566,692. Corporate insiders own 1.60% of the company’s stock.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.

The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.