Dynamic Technology Lab Private Ltd purchased a new position in Marriott Vacations Worldwide Corporation (NYSE:VAC – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 19,290 shares of the company’s stock, valued at approximately $1,284,000. Dynamic Technology Lab Private Ltd owned approximately 0.06% of Marriott Vacations Worldwide as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also made changes to their positions in VAC. Goldman Sachs Group Inc. grew its position in shares of Marriott Vacations Worldwide by 18.2% during the first quarter. Goldman Sachs Group Inc. now owns 140,662 shares of the company’s stock worth $9,036,000 after purchasing an additional 21,623 shares in the last quarter. Empowered Funds LLC lifted its holdings in Marriott Vacations Worldwide by 147.9% in the 1st quarter. Empowered Funds LLC now owns 8,487 shares of the company’s stock worth $545,000 after purchasing an additional 5,064 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Marriott Vacations Worldwide by 4.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 100,636 shares of the company’s stock worth $6,465,000 after purchasing an additional 4,497 shares in the last quarter. Teacher Retirement System of Texas boosted its stake in Marriott Vacations Worldwide by 11.8% in the 2nd quarter. Teacher Retirement System of Texas now owns 4,850 shares of the company’s stock worth $351,000 after purchasing an additional 510 shares during the period. Finally, Assetmark Inc. boosted its stake in Marriott Vacations Worldwide by 90.6% in the 2nd quarter. Assetmark Inc. now owns 427 shares of the company’s stock worth $31,000 after purchasing an additional 203 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the stock. Morgan Stanley reiterated an “underweight” rating and set a $52.00 price objective (down from $70.00) on shares of Marriott Vacations Worldwide in a research report on Friday, January 16th. Truist Financial dropped their target price on shares of Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Stifel Nicolaus raised their target price on shares of Marriott Vacations Worldwide from $77.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. The Goldman Sachs Group reduced their price target 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. Finally, Jefferies Financial Group raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and increased their price objective for the company from $52.00 to $105.00 in a report on Monday, March 2nd. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Marriott Vacations Worldwide currently has a consensus rating of “Hold” and a consensus target price of $73.67.
Marriott Vacations Worldwide Stock Down 1.8%
NYSE VAC opened at $70.70 on Monday. The stock has a 50 day moving average price of $59.38 and a 200-day moving average price of $62.64. Marriott Vacations Worldwide Corporation has a one year low of $44.58 and a one year high of $86.33. The company has a debt-to-equity ratio of 2.85, a quick ratio of 2.94 and a current ratio of 3.48. The company has a market capitalization of $2.43 billion, a P/E ratio of -7.63, a P/E/G ratio of 1.84 and a beta of 1.24.
Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.14. Marriott Vacations Worldwide had a negative net margin of 6.12% and a positive return on equity of 11.77%. The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the previous year, the business posted $1.86 earnings per share. Marriott Vacations Worldwide’s quarterly revenue was down .3% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, equities analysts predict that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current fiscal year.
Marriott Vacations Worldwide Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Wednesday, March 4th. Marriott Vacations Worldwide’s dividend payout ratio is currently -34.52%.
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.
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