6,428 Shares in Marriott Vacations Worldwide Corporation $VAC Purchased by Vanguard Personalized Indexing Management LLC

Key Points

• Vanguard Personalized Indexing Management LLC acquired 6,428 shares of Marriott Vacations Worldwide Corporation valued at approximately $465,000 during the 2nd quarter.
• Marriott Vacations reported a quarterly earnings per share of $1.96, surpassing expectations and showing a 9.3% increase in revenue compared to the previous year.
• The company's recent dividend payout was $0.79 per share, resulting in an annualized dividend yield of 4.4%.

Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 6,428 shares of the company's stock, valued at approximately $465,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of VAC. Cambridge Investment Research Advisors Inc. increased its position in shares of Marriott Vacations Worldwide by 7.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 3,827 shares of the company's stock valued at $246,000 after purchasing an additional 253 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its stake in shares of Marriott Vacations Worldwide by 7.1% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 4,075 shares of the company's stock worth $295,000 after acquiring an additional 269 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Marriott Vacations Worldwide during the 2nd quarter worth approximately $25,000. Envestnet Asset Management Inc. lifted its stake in shares of Marriott Vacations Worldwide by 8.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 5,993 shares of the company's stock worth $385,000 after acquiring an additional 443 shares during the last quarter. Finally, UMB Bank n.a. raised its position in Marriott Vacations Worldwide by 194.9% during the 2nd quarter. UMB Bank n.a. now owns 690 shares of the company's stock valued at $50,000 after purchasing an additional 456 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Marriott Vacations Worldwide in a research report on Wednesday, October 8th. Stifel Nicolaus set a $101.00 price target on Marriott Vacations Worldwide and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Morgan Stanley set a $70.00 price target on Marriott Vacations Worldwide in a research report on Wednesday. The Goldman Sachs Group boosted their target price on Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a "sell" rating in a research note on Wednesday, August 6th. Finally, Truist Financial dropped their target price on Marriott Vacations Worldwide from $128.00 to $127.00 and set a "buy" rating on the stock in a research note on Thursday, August 21st. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $92.67.

Marriott Vacations Worldwide Price Performance

VAC stock opened at $71.86 on Thursday. The company has a debt-to-equity ratio of 2.17, a current ratio of 3.55 and a quick ratio of 2.90. The business has a 50 day simple moving average of $72.93 and a 200-day simple moving average of $69.85. The firm has a market capitalization of $2.49 billion, a PE ratio of 10.81, a price-to-earnings-growth ratio of 1.00 and a beta of 1.46. Marriott Vacations Worldwide Corporation has a 1 year low of $49.22 and a 1 year high of $100.32.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.24. The company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.22 billion. Marriott Vacations Worldwide had a return on equity of 11.74% and a net margin of 5.10%.The firm's revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.10 earnings per share. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.400-7.100 EPS. Equities research analysts anticipate that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 17th were paid a $0.79 dividend. This represents a $3.16 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Wednesday, September 17th. Marriott Vacations Worldwide's dividend payout ratio (DPR) is presently 47.52%.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management.

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