Campbell & CO Investment Adviser LLC Acquires New Stake in Marriott Vacations Worldwide Corporation $VAC

Campbell & CO Investment Adviser LLC acquired a new stake in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,309 shares of the company’s stock, valued at approximately $753,000.

A number of other large investors have also bought and sold shares of the company. Ameritas Advisory Services LLC purchased a new position in shares of Marriott Vacations Worldwide during the 2nd quarter valued at $25,000. Pinnacle Bancorp Inc. bought a new stake in Marriott Vacations Worldwide in the 3rd quarter valued at about $25,000. Hantz Financial Services Inc. lifted its holdings in Marriott Vacations Worldwide by 627.8% during the second quarter. Hantz Financial Services Inc. now owns 393 shares of the company’s stock valued at $28,000 after purchasing an additional 339 shares during the last quarter. Assetmark Inc. boosted its position in Marriott Vacations Worldwide by 90.6% during the second quarter. Assetmark Inc. now owns 427 shares of the company’s stock worth $31,000 after purchasing an additional 203 shares during the period. Finally, Allworth Financial LP boosted its position in Marriott Vacations Worldwide by 79.8% during the second quarter. Allworth Financial LP now owns 473 shares of the company’s stock worth $34,000 after purchasing an additional 210 shares during the period. 89.52% of the stock is owned by hedge funds and other institutional investors.

Marriott Vacations Worldwide Price Performance

Marriott Vacations Worldwide stock opened at $57.61 on Wednesday. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 12.92, a PEG ratio of 1.27 and a beta of 1.35. 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 business has a 50-day simple moving average of $56.28 and a 200 day simple moving average of $67.13. Marriott Vacations Worldwide Corporation has a 52 week low of $44.58 and a 52 week high of $91.18.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $1.69 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter last year, the company posted $1.80 EPS. The company’s revenue for the quarter 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 forecast that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 24th were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 5.6%. This is an increase from Marriott Vacations Worldwide’s previous quarterly dividend of $0.79. Marriott Vacations Worldwide’s payout ratio is presently 71.75%.

Insider Buying and Selling

In other news, Director Jonice M. Gray acquired 1,100 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were bought at an average cost of $54.47 per share, with a total value of $59,917.00. Following the acquisition, the director owned 13,205 shares in the company, valued at approximately $719,276.35. This represents a 9.09% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dianna Morgan purchased 500 shares of Marriott Vacations Worldwide stock in a transaction on Friday, November 21st. The shares were acquired at an average price of $51.22 per share, for a total transaction of $25,610.00. Following the completion of the transaction, the director directly owned 23,094 shares of the company’s stock, valued at approximately $1,182,874.68. The trade was a 2.21% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 96,209 shares of company stock valued at $4,573,353 in the last three months. 1.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

VAC has been the topic of several research reports. Barclays lowered their price target on shares of Marriott Vacations Worldwide from $87.00 to $64.00 and set an “overweight” rating on the stock in a research report on Friday, November 7th. Truist Financial lowered their target price on shares of Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating on the stock in a report on Friday, November 14th. Stifel Nicolaus set a $83.00 price target on Marriott Vacations Worldwide in a report on Thursday, November 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Marriott Vacations Worldwide in a research report on Monday, December 29th. Finally, Citizens Jmp dropped their price objective on Marriott Vacations Worldwide from $115.00 to $60.00 and set a “market outperform” rating on the stock in a report on Friday, November 7th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $61.13.

Marriott Vacations Worldwide 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.