Marriott Vacations Worldwide Corporation $VAC Shares Bought by Algert Global LLC

Algert Global LLC raised its holdings in Marriott Vacations Worldwide Corporation (NYSE:VAC) by 43.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 105,332 shares of the company’s stock after buying an additional 31,770 shares during the period. Algert Global LLC owned approximately 0.30% of Marriott Vacations Worldwide worth $7,011,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of VAC. Pinnacle Bancorp Inc. acquired a new position in Marriott Vacations Worldwide during the 3rd quarter worth $25,000. Allworth Financial LP increased its holdings in Marriott Vacations Worldwide by 79.8% during the 2nd 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. Blue Trust Inc. raised its position in Marriott Vacations Worldwide by 37.1% in the 3rd quarter. Blue Trust Inc. now owns 950 shares of the company’s stock valued at $63,000 after purchasing an additional 257 shares in the last quarter. Hantz Financial Services Inc. raised its position in Marriott Vacations Worldwide by 155.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,002 shares of the company’s stock valued at $67,000 after purchasing an additional 609 shares in the last quarter. Finally, Versant Capital Management Inc boosted its stake in shares of Marriott Vacations Worldwide by 697.1% in the 3rd quarter. Versant Capital Management Inc now owns 1,100 shares of the company’s stock valued at $73,000 after buying an additional 962 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Insider Activity at Marriott Vacations Worldwide

In related news, insider Michael Flaskey purchased 14,862 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was purchased at an average cost of $67.26 per share, with a total value of $999,618.12. Following the completion of the acquisition, the insider directly owned 14,862 shares in the company, valued at $999,618.12. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders purchased a total of 14,971 shares of company stock worth $1,006,280 in the last three months. 1.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on VAC. Morgan Stanley restated an “underweight” rating and set a $52.00 target price (down from $70.00) on shares of Marriott Vacations Worldwide in a research note on Friday, January 16th. Wells Fargo & Company boosted their price target on shares of Marriott Vacations Worldwide from $46.00 to $58.00 and gave the stock an “underweight” rating in a report on Friday, February 27th. Wall Street Zen raised shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Citizens Jmp lowered shares of Marriott Vacations Worldwide from an “outperform” rating to a “market perform” rating in a report on Monday, March 9th. Finally, Jefferies Financial Group raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $52.00 to $105.00 in a research report on Monday, March 2nd. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $73.67.

Marriott Vacations Worldwide Stock Performance

NYSE VAC opened at $66.02 on Tuesday. The company has a quick ratio of 2.94, a current ratio of 3.48 and a debt-to-equity ratio of 2.85. Marriott Vacations Worldwide Corporation has a 52-week low of $44.58 and a 52-week high of $86.33. The business’s 50-day moving average price is $60.40 and its 200 day moving average price is $62.18. The firm has a market cap of $2.26 billion, a P/E ratio of -7.12, a P/E/G ratio of 1.70 and a beta of 1.24.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.72 by $0.14. Marriott Vacations Worldwide had a positive return on equity of 11.77% and a negative net margin of 6.12%.The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the prior year, the business earned $1.86 EPS. The firm’s revenue was down .3% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, equities research analysts expect that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Wednesday, March 4th. Marriott Vacations Worldwide’s dividend payout ratio is -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.