Harbor Capital Advisors Inc. Raises Holdings in Marriott Vacations Worldwide Corporation $VAC

Harbor Capital Advisors Inc. raised its stake in Marriott Vacations Worldwide Corporation (NYSE:VAC) by 25.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,499 shares of the company’s stock after purchasing an additional 7,922 shares during the period. Harbor Capital Advisors Inc.’s holdings in Marriott Vacations Worldwide were worth $2,279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Deprince Race & Zollo Inc. raised its holdings in shares of Marriott Vacations Worldwide by 34.6% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 429,639 shares of the company’s stock valued at $28,597,000 after purchasing an additional 110,469 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Marriott Vacations Worldwide by 71.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 635,977 shares of the company’s stock worth $45,987,000 after purchasing an additional 265,278 shares in the last quarter. Range Financial Group LLC purchased a new position in Marriott Vacations Worldwide in the third quarter valued at $1,291,000. Algert Global LLC increased its holdings in Marriott Vacations Worldwide by 43.2% in the third quarter. Algert Global LLC now owns 105,332 shares of the company’s stock valued at $7,011,000 after buying an additional 31,770 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Marriott Vacations Worldwide in the third quarter valued at $1,284,000. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Insider Activity

In other Marriott Vacations Worldwide news, insider Michael Flaskey bought 14,862 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were acquired at an average cost of $67.26 per share, with a total value of $999,618.12. Following the acquisition, the insider directly owned 14,862 shares of the company’s stock, valued at $999,618.12. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have purchased 14,971 shares of company stock worth $1,006,280 in the last 90 days. Company insiders own 1.60% of the company’s stock.

Marriott Vacations Worldwide Stock Down 0.2%

VAC opened at $67.23 on Friday. 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 stock has a market capitalization of $2.31 billion, a P/E ratio of -7.25, a price-to-earnings-growth ratio of 1.72 and a beta of 1.19. The business’s 50-day simple moving average is $62.39 and its 200-day simple moving average is $61.36.

Marriott Vacations Worldwide (NYSE:VAC) last announced 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. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Marriott Vacations Worldwide had a positive return on equity of 11.77% and a negative net margin of 6.12%.The business’s revenue was down .3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.86 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. Analysts anticipate that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were given a dividend of $0.80 per share. The ex-dividend date was Wednesday, March 4th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.8%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is -34.52%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on VAC shares. Zacks Research raised Marriott Vacations Worldwide from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 18th. Mizuho raised Marriott Vacations Worldwide from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $58.00 to $104.00 in a research report on Thursday, March 5th. Weiss Ratings downgraded Marriott Vacations Worldwide from a “hold (c-)” rating to a “sell (d)” rating in a report on Tuesday, March 17th. Morgan Stanley reiterated an “underweight” rating and issued a $52.00 price target (down from $70.00) on shares of Marriott Vacations Worldwide in a research note on Friday, January 16th. Finally, Jefferies Financial Group raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and raised their price objective for the stock from $52.00 to $105.00 in a report on Monday, March 2nd. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $73.67.

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.