Bamco Inc. NY Purchases New Holdings in Marriott Vacations Worldwide Corporation $VAC

Key Points

• Bamco Inc. NY acquired 144,788 shares of Marriott Vacations Worldwide in the second quarter, worth approximately $14.75 million and representing about 0.42% of the company.
• Institutional investors own 89.52% of VAC, while insiders recently sold shares, including director Christian Asmar’s 750,000-share sale valued at $83.6 million.
• Marriott Vacations Worldwide exceeded quarterly earnings and revenue expectations, but analyst sentiment remains mixed: the stock carries a consensus “Hold” rating with a $101.45 target, below its reported $111.37 opening price.

Bamco Inc. NY bought a new stake in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 144,788 shares of the company's stock, valued at approximately $14,751,000. Bamco Inc. NY owned about 0.42% of Marriott Vacations Worldwide at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VAC. Vanguard Group Inc. grew its stake in shares of Marriott Vacations Worldwide by 7.4% during the 4th quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company's stock worth $195,730,000 after acquiring an additional 234,105 shares during the period. Ananym Capital Management LP grew its position in shares of Marriott Vacations Worldwide by 0.4% in the fourth quarter. Ananym Capital Management LP now owns 736,947 shares of the company's stock valued at $42,514,000 after purchasing an additional 3,200 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Marriott Vacations Worldwide by 11.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 705,629 shares of the company's stock valued at $46,967,000 after purchasing an additional 69,652 shares in the last quarter. Deprince Race & Zollo Inc. raised its stake in shares of Marriott Vacations Worldwide by 5.4% during the 1st 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 during the period. Finally, Quantinno Capital Management LP raised its stake in shares of Marriott Vacations Worldwide by 12.3% during the 1st quarter. Quantinno Capital Management LP now owns 474,037 shares of the company's stock valued at $30,869,000 after purchasing an additional 52,007 shares during the period. Hedge funds and other institutional investors own 89.52% of the company's stock.

Insider Activity

In other news, Director Christian Asmar sold 750,000 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $111.49, for a total transaction of $83,617,500.00. Following the transaction, the director directly owned 3,380,818 shares in the company, valued at approximately $376,927,398.82. This represents a 18.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kathleen A. Pighini sold 2,500 shares of the firm's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $120.00, for a total value of $300,000.00. Following the transaction, the insider directly owned 10,821 shares in the company, valued at approximately $1,298,520. This represents a 18.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 13.30% of the company's stock.

Marriott Vacations Worldwide Trading Down 3.0%

Shares of Marriott Vacations Worldwide stock opened at $111.37 on Friday. The company has a debt-to-equity ratio of 2.65, a current ratio of 3.56 and a quick ratio of 2.99. Marriott Vacations Worldwide Corporation has a 1 year low of $44.58 and a 1 year high of $131.34. The firm has a market cap of $3.83 billion, a PE ratio of -11.43, a PEG ratio of 2.14 and a beta of 1.23. The company has a 50 day simple moving average of $104.53 and a two-hundred day simple moving average of $83.53.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $2.31 EPS for the quarter, topping analysts' consensus estimates of $1.97 by $0.34. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the prior year, the firm earned $1.96 EPS. The business's revenue for the quarter was up 5.9% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. Analysts expect that Marriott Vacations Worldwide Corporation will post 8.88 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

VAC has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $134.00 price target on shares of Marriott Vacations Worldwide in a report on Wednesday, August 12th. Morgan Stanley reaffirmed an "underweight" rating and set a $65.00 target price on shares of Marriott Vacations Worldwide in a report on Tuesday, August 18th. Weiss Ratings upgraded shares of Marriott Vacations Worldwide from a "sell (d)" rating to a "sell (d+)" rating in a research note on Friday, August 7th. Zacks Research raised shares of Marriott Vacations Worldwide from a "hold" rating to a "strong-buy" rating in a report on Monday, August 10th. Finally, Wells Fargo & Company boosted their price target on shares of Marriott Vacations Worldwide from $68.00 to $101.00 and gave the company an "underweight" rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $101.45.

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.

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