Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its stake in Marriott Vacations Worldwide Corporation (NYSE:VAC – Free Report) by 99.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,848 shares of the company’s stock after selling 4,635,007 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Marriott Vacations Worldwide were worth $446,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp boosted its stake in Marriott Vacations Worldwide by 18,220.9% during the first quarter. Fifth Third Bancorp now owns 34,260 shares of the company’s stock valued at $2,231,000 after buying an additional 34,073 shares during the last quarter. Range Financial Group LLC grew its holdings in shares of Marriott Vacations Worldwide by 1.3% in the first quarter. Range Financial Group LLC now owns 31,251 shares of the company’s stock valued at $2,035,000 after purchasing an additional 402 shares in the last quarter. Deprince Race & Zollo Inc. grew its holdings in shares of Marriott Vacations Worldwide by 5.4% in the first quarter. Deprince Race & Zollo Inc. now owns 524,247 shares of the company’s stock valued at $34,139,000 after purchasing an additional 26,824 shares in the last quarter. Aaron Wealth Advisors LLC increased its position in Marriott Vacations Worldwide by 4.2% in the first quarter. Aaron Wealth Advisors LLC now owns 7,274 shares of the company’s stock worth $474,000 after purchasing an additional 296 shares during the last quarter. Finally, Louisiana State Employees Retirement System bought a new stake in Marriott Vacations Worldwide in the first quarter worth $801,000. Institutional investors own 89.52% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have commented on VAC shares. Morgan Stanley increased their price objective on shares of Marriott Vacations Worldwide from $51.00 to $52.00 and gave the company an “underweight” rating in a research report on Friday. Barclays upped their target price on shares of Marriott Vacations Worldwide from $80.00 to $94.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Zacks Research lowered Marriott Vacations Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. Wells Fargo & Company lifted their price target on Marriott Vacations Worldwide from $66.00 to $68.00 and gave the stock an “underweight” rating in a research report on Tuesday. Finally, The Goldman Sachs Group raised Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 price objective on the stock in a research note on Monday, June 1st. Seven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $86.70.
Marriott Vacations Worldwide Trading Down 1.9%
VAC stock opened at $99.89 on Friday. Marriott Vacations Worldwide Corporation has a twelve month low of $44.58 and a twelve month high of $105.97. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of -9.90, a price-to-earnings-growth ratio of 2.27 and a beta of 1.22. The company has a quick ratio of 2.77, a current ratio of 3.30 and a debt-to-equity ratio of 2.80. The firm’s fifty day simple moving average is $89.93 and its two-hundred day simple moving average is $73.23.
Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($0.43). Marriott Vacations Worldwide had a positive return on equity of 11.37% and a negative net margin of 6.72%.The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the business posted $1.66 EPS. Marriott Vacations Worldwide’s revenue was up 4.8% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, analysts anticipate that Marriott Vacations Worldwide Corporation will post 7.32 earnings per share for the current year.
Marriott Vacations Worldwide Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th were paid a $0.80 dividend. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $3.20 annualized dividend and a yield of 3.2%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently -31.71%.
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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