Marriott Vacations Worldwide Corporation $VAC Stock Holdings Increased by Ananym Capital Management LP

Key Points

• Ananym Capital Management LP increased its holdings in Marriott Vacations Worldwide Corporation by 75.1%, owning 428,647 shares and making it the firm's third largest holding.
• Multiple hedge funds have also significantly altered their positions, with GAMMA Investing LLC raising its stake by an astounding 6,557.7% during the same quarter.
• Marriott Vacations reported an EPS of $1.96 for the last quarter, exceeding estimates, and its revenue increased 9.3% year-over-year.

Ananym Capital Management LP increased its holdings in Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) by 75.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 428,647 shares of the company's stock after acquiring an additional 183,805 shares during the period. Marriott Vacations Worldwide comprises 13.7% of Ananym Capital Management LP's investment portfolio, making the stock its 3rd biggest holding. Ananym Capital Management LP owned 1.24% of Marriott Vacations Worldwide worth $27,536,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VAC. Fifth Third Bancorp grew its position in shares of Marriott Vacations Worldwide by 136.5% during the 1st quarter. Fifth Third Bancorp now owns 395 shares of the company's stock valued at $25,000 after acquiring an additional 228 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in Marriott Vacations Worldwide by 7.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 3,827 shares of the company's stock worth $246,000 after purchasing an additional 253 shares in the last quarter. Grandview Asset Management LLC raised its position in shares of Marriott Vacations Worldwide by 4.5% during the 1st quarter. Grandview Asset Management LLC now owns 6,920 shares of the company's stock valued at $445,000 after buying an additional 300 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings 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 valued at $385,000 after purchasing an additional 443 shares during the last quarter. Finally, XTX Topco Ltd grew its holdings in Marriott Vacations Worldwide by 17.8% in the 1st quarter. XTX Topco Ltd now owns 3,485 shares of the company's stock worth $224,000 after acquiring an additional 526 shares during the last quarter. 89.52% of the stock is owned by institutional investors.

Marriott Vacations Worldwide Stock Performance

VAC stock traded up $0.44 during trading on Wednesday, reaching $77.62. The company had a trading volume of 366,978 shares, compared to its average volume of 370,344. The firm has a 50-day simple moving average of $77.60 and a 200-day simple moving average of $69.99. The company has a market cap of $2.69 billion, a price-to-earnings ratio of 11.67, a price-to-earnings-growth ratio of 1.13 and a beta of 1.48. The company has a debt-to-equity ratio of 2.17, a quick ratio of 2.90 and a current ratio of 3.55. Marriott Vacations Worldwide Corporation has a twelve month low of $49.22 and a twelve month high of $100.32.

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

Marriott Vacations Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 17th will be issued a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a dividend yield of 4.1%. Marriott Vacations Worldwide's dividend payout ratio (DPR) is 47.52%.

Analyst Upgrades and Downgrades

VAC has been the topic of a number of research reports. The Goldman Sachs Group lifted their target price on shares of Marriott Vacations Worldwide from $55.00 to $65.00 and gave the company a "sell" rating in a research note on Wednesday, August 6th. Morgan Stanley restated an "underweight" rating on shares of Marriott Vacations Worldwide in a research report on Tuesday, July 15th. Truist Financial dropped their price target on shares of Marriott Vacations Worldwide from $128.00 to $127.00 and set a "buy" rating for the company in a research report on Thursday, August 21st. Mizuho lowered their target price on shares of Marriott Vacations Worldwide from $112.00 to $105.00 and set an "outperform" rating on the stock in a report on Friday, May 9th. Finally, Stifel Nicolaus set a $101.00 price objective on shares of Marriott Vacations Worldwide and gave the company a "buy" rating in a research report on Tuesday, August 5th. Four analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $90.50.

Insider Transactions at Marriott Vacations Worldwide

In related news, Director Christian Asmar purchased 337,551 shares of the company's stock in a transaction that occurred on Wednesday, June 18th. The shares were purchased at an average price of $68.11 per share, with a total value of $22,990,598.61. Following the purchase, the director owned 4,045,984 shares of the company's stock, valued at $275,571,970.24. The trade was a 9.10% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.60% of the company's stock.

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.