Louisiana State Employees Retirement System Makes New $801,000 Investment in Marriott Vacations Worldwide Corporation $VAC

Louisiana State Employees Retirement System bought a new position in Marriott Vacations Worldwide Corporation (NYSE:VAC) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,300 shares of the company’s stock, valued at approximately $801,000.

Several other institutional investors have also added to or reduced their stakes in VAC. Advisory Services Network LLC bought a new position in shares of Marriott Vacations Worldwide in the third quarter worth about $27,000. IFP Advisors Inc grew its position in shares of Marriott Vacations Worldwide by 1,828.0% during the third quarter. IFP Advisors Inc now owns 482 shares of the company’s stock worth $32,000 after purchasing an additional 457 shares in the last quarter. Leonteq Securities AG bought a new stake in Marriott Vacations Worldwide during the 4th quarter valued at approximately $35,000. Kestra Advisory Services LLC purchased a new position in Marriott Vacations Worldwide in the 4th quarter worth approximately $37,000. Finally, Blue Trust Inc. boosted its stake in Marriott Vacations Worldwide by 55.2% in the 1st quarter. Blue Trust Inc. now owns 956 shares of the company’s stock worth $62,000 after purchasing an additional 340 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

VAC has been the subject of a number of research reports. Mizuho set a $103.00 target price on shares of Marriott Vacations Worldwide in a research report on Wednesday, May 6th. Weiss Ratings restated a “sell (d)” rating on shares of Marriott Vacations Worldwide in a report on Friday, June 12th. Zacks Research cut shares of Marriott Vacations Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group raised shares of Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 price target for the company in a research note on Monday, June 1st. Finally, Barclays increased their price objective on shares of Marriott Vacations Worldwide from $80.00 to $94.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Seven analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Marriott Vacations Worldwide presently has an average rating of “Hold” and an average target price of $86.40.

Marriott Vacations Worldwide Trading Up 1.0%

VAC stock traded up $0.94 during trading on Tuesday, hitting $98.81. The company had a trading volume of 2,831 shares, compared to its average volume of 559,832. Marriott Vacations Worldwide Corporation has a 52-week low of $44.58 and a 52-week high of $105.97. The company has a 50 day simple moving average of $85.45 and a 200-day simple moving average of $70.79. The firm has a market capitalization of $3.39 billion, a P/E ratio of -9.79, a PEG 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.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings data 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). The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Marriott Vacations Worldwide had a negative net margin of 6.72% and a positive return on equity of 11.37%. Marriott Vacations Worldwide’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm earned $1.66 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, research analysts forecast that Marriott Vacations Worldwide Corporation will post 7.31 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th were issued a $0.80 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.2%. Marriott Vacations Worldwide’s payout ratio is presently -31.71%.

About Marriott Vacations Worldwide

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.