Deutsche Bank AG Makes New $10.97 Million Investment in Marriott Vacations Worldwide Corporation $VAC

Deutsche Bank AG bought 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 Securities and Exchange Commission (SEC). The fund bought 107,633 shares of the company's stock, valued at approximately $10,966,000. Deutsche Bank AG owned 0.31% of Marriott Vacations Worldwide at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Cassaday & Co Wealth Management LLC lifted its stake in shares of Marriott Vacations Worldwide by 5.9% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 4,987 shares of the company's stock worth $325,000 after acquiring an additional 276 shares during the last quarter. Aaron Wealth Advisors LLC boosted its holdings in Marriott Vacations Worldwide by 4.2% during the 1st quarter. Aaron Wealth Advisors LLC now owns 7,274 shares of the company's stock valued at $474,000 after acquiring an additional 296 shares during the period. Blue Trust Inc. grew its position in Marriott Vacations Worldwide by 55.2% in the 1st quarter. Blue Trust Inc. now owns 956 shares of the company's stock valued at $62,000 after acquiring an additional 340 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in Marriott Vacations Worldwide by 51.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,085 shares of the company's stock valued at $63,000 after acquiring an additional 367 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in Marriott Vacations Worldwide in the third quarter worth $27,000. Institutional investors own 89.52% of the company's stock.

Marriott Vacations Worldwide Trading Down 0.3%

VAC opened at $112.19 on Monday. The stock's fifty day moving average is $103.02 and its two-hundred day moving average is $81.85. The company has a market capitalization of $3.86 billion, a P/E ratio of -11.52, a PEG ratio of 2.10 and a beta of 1.23. Marriott Vacations Worldwide Corporation has a 52 week low of $44.58 and a 52 week high of $131.34. The company has a quick ratio of 2.99, a current ratio of 3.56 and a debt-to-equity ratio of 2.65.

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

Insider Activity

In other Marriott Vacations Worldwide news, Director Christian Asmar sold 750,000 shares of the stock in a transaction dated Wednesday, August 19th. The shares were 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 $376,927,398.82. This represents a 18.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 transaction of $300,000.00. Following the transaction, the insider directly owned 10,821 shares in the company, valued at $1,298,520. This trade represents a 18.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 13.30% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Wells Fargo & Company lifted their target price on Marriott Vacations Worldwide from $68.00 to $101.00 and gave the stock an "underweight" rating in a research report on Friday, August 7th. Susquehanna began coverage on shares of Marriott Vacations Worldwide in a report on Tuesday, August 18th. They issued a "neutral" rating and a $110.00 price target on the stock. Zacks Research raised shares of Marriott Vacations Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $134.00 price objective on shares of Marriott Vacations Worldwide in a report on Wednesday, August 12th. Finally, Morgan Stanley reissued an "underweight" rating and issued a $65.00 price objective on shares of Marriott Vacations Worldwide in a research report on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average 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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