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

Algert Global LLC lifted its holdings in Marriott Vacations Worldwide Corporation (NYSE:VAC) by 43.2% during the third quarter, Holdings Channel reports. The institutional investor owned 105,332 shares of the company’s stock after purchasing an additional 31,770 shares during the quarter. Algert Global LLC’s holdings in Marriott Vacations Worldwide were worth $7,011,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its position in shares of Marriott Vacations Worldwide by 18.2% during the 1st 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 increased its holdings in shares of Marriott Vacations Worldwide by 147.9% in the 1st quarter. Empowered Funds LLC now owns 8,487 shares of the company’s stock valued at $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 stake in shares of Marriott Vacations Worldwide by 4.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 100,636 shares of the company’s stock valued at $6,465,000 after purchasing an additional 4,497 shares during the period. ProShare Advisors LLC purchased a new stake in Marriott Vacations Worldwide during the second quarter worth about $576,000. Finally, Allworth Financial LP boosted its holdings 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 buying an additional 210 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Insider Transactions at Marriott Vacations Worldwide

In other news, insider Michael Flaskey bought 14,862 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were purchased at an average price of $67.26 per share, for a total transaction of $999,618.12. Following the completion of the transaction, the insider owned 14,862 shares in the company, valued at $999,618.12. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have purchased a total of 14,971 shares of company stock worth $1,006,280 in the last quarter. 1.60% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on VAC shares. Citizens Jmp cut shares of Marriott Vacations Worldwide from an “outperform” rating to a “market perform” rating in a report on Monday, March 9th. Mizuho raised Marriott Vacations Worldwide from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $58.00 to $104.00 in a research note on Thursday, March 5th. Morgan Stanley reaffirmed an “underweight” rating and issued a $52.00 price objective (down from $70.00) on shares of Marriott Vacations Worldwide in a research note on Friday, January 16th. Wall Street Zen raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Finally, Weiss Ratings upgraded Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, March 3rd. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $73.67.

Marriott Vacations Worldwide Trading Up 1.6%

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

Marriott Vacations Worldwide (NYSE:VAC) last released its earnings results on Wednesday, February 25th. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $1.30 billion. During the same period in the prior year, the firm earned $1.86 EPS. The firm’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. Equities research analysts predict that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

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