Algert Global LLC Boosts Stock Position in Marriott Vacations Worldwide Corporation $VAC

Algert Global LLC grew its stake in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) by 449.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,902 shares of the company’s stock after acquiring an additional 12,190 shares during the period. Algert Global LLC’s holdings in Marriott Vacations Worldwide were worth $957,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. True Wealth Design LLC lifted its position in shares of Marriott Vacations Worldwide by 35.2% during the fourth quarter. True Wealth Design LLC now owns 595 shares of the company’s stock worth $53,000 after acquiring an additional 155 shares in the last quarter. Fifth Third Bancorp grew its position in shares of Marriott Vacations Worldwide by 136.5% during the 1st quarter. Fifth Third Bancorp now owns 395 shares of the company’s stock valued at $25,000 after acquiring an additional 228 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in shares of Marriott Vacations Worldwide by 7.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 3,827 shares of the company’s stock valued at $246,000 after acquiring an additional 253 shares during the period. Grandview Asset Management LLC grew its position in shares of Marriott Vacations Worldwide by 4.5% during the 1st quarter. Grandview Asset Management LLC now owns 6,920 shares of the company’s stock valued at $445,000 after acquiring an additional 300 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Marriott Vacations Worldwide by 8.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 5,993 shares of the company’s stock valued at $385,000 after buying an additional 443 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Stock Performance

Marriott Vacations Worldwide stock opened at $79.39 on Friday. The company’s 50-day moving average price is $76.32 and its 200-day moving average price is $70.43. Marriott Vacations Worldwide Corporation has a twelve month low of $49.22 and a twelve month high of $100.32. The company has a quick ratio of 2.90, a current ratio of 3.55 and a debt-to-equity ratio of 2.17. The company has a market cap of $2.75 billion, a PE ratio of 11.94, a price-to-earnings-growth ratio of 1.08 and a beta of 1.49.

Marriott Vacations Worldwide (NYSE:VAC) last posted its earnings results on Monday, August 4th. The company reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.24. Marriott Vacations Worldwide had a net margin of 5.10% and a return on equity of 11.74%. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the previous year, the firm posted $1.10 EPS. The business’s quarterly revenue was up 9.3% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.400-7.100 EPS. On average, equities research analysts forecast that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current fiscal year.

Insider Buying and Selling at Marriott Vacations Worldwide

In other news, Director Christian Asmar purchased 337,551 shares of the business’s stock in a transaction that occurred on Wednesday, June 18th. The shares were bought at an average cost of $68.11 per share, for a total transaction of $22,990,598.61. Following the acquisition, the director owned 4,045,984 shares of the company’s stock, valued at approximately $275,571,970.24. This trade represents a 9.10% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on VAC shares. Truist Financial lowered their target price on shares of Marriott Vacations Worldwide from $128.00 to $127.00 and set a “buy” rating on the stock in a research note on Thursday. Mizuho decreased their price target on shares of Marriott Vacations Worldwide from $112.00 to $105.00 and set an “outperform” rating on the stock in a research note on Friday, May 9th. Barclays decreased their price target on shares of Marriott Vacations Worldwide from $97.00 to $88.00 and set an “overweight” rating on the stock in a research note on Monday, May 12th. Stifel Nicolaus set a $101.00 price target on shares of Marriott Vacations Worldwide and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Marriott Vacations Worldwide in a research note on Tuesday, July 15th. Four investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $90.50.

Marriott Vacations Worldwide Profile

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.