Marriott Vacations Worldwide Corporation $VAC Shares Bought by Sei Investments Co.

Sei Investments Co. grew its stake in Marriott Vacations Worldwide Corporation (NYSE:VAC) by 174.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 142,843 shares of the company’s stock after buying an additional 90,704 shares during the quarter. Sei Investments Co.’s holdings in Marriott Vacations Worldwide were worth $9,302,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Advisory Services Network LLC purchased a new stake in shares of Marriott Vacations Worldwide during the third quarter worth approximately $27,000. IFP Advisors Inc lifted its stake in Marriott Vacations Worldwide by 1,828.0% in the third quarter. IFP Advisors Inc now owns 482 shares of the company’s stock worth $32,000 after acquiring an additional 457 shares during the last quarter. Leonteq Securities AG acquired a new position in Marriott Vacations Worldwide during the 4th quarter worth approximately $35,000. Kestra Advisory Services LLC purchased a new stake in shares of Marriott Vacations Worldwide in the 4th quarter valued at approximately $37,000. Finally, International Assets Investment Management LLC increased its holdings in Marriott Vacations Worldwide by 877.2% in the first quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock valued at $38,000 after buying an additional 500 shares during the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on VAC shares. The Goldman Sachs Group raised Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 price target for the company in a report on Monday, June 1st. Weiss Ratings restated a “sell (d)” rating on shares of Marriott Vacations Worldwide in a research report on Friday, June 12th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Marriott Vacations Worldwide from $92.00 to $119.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Mizuho set a $103.00 target price on shares of Marriott Vacations Worldwide in a research report on Wednesday, May 6th. Finally, Zacks Research lowered shares of Marriott Vacations Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. Seven research analysts have rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $86.70.

Marriott Vacations Worldwide Trading Down 0.1%

NYSE:VAC opened at $97.50 on Friday. The stock’s 50 day moving average price is $94.94 and its 200 day moving average price is $75.87. The company has a market capitalization of $3.35 billion, a PE ratio of -9.66, a P/E/G ratio of 2.21 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. Marriott Vacations Worldwide Corporation has a 52-week low of $44.58 and a 52-week high of $105.97.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.24 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 for the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the firm earned $1.66 EPS. The company’s quarterly revenue was up 4.8% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, research analysts anticipate that Marriott Vacations Worldwide Corporation will post 7.32 EPS for the current year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Wednesday, May 27th. Marriott Vacations Worldwide’s payout ratio 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.