Fuller & Thaler Asset Management Inc. Has $117.09 Million Position in Marriott Vacations Worldwide Corporation $VAC

Key Points

• Fuller & Thaler Asset Management Inc. increased its stake in Marriott Vacations Worldwide Corporation by 32.2% in Q1, owning 1,822,687 shares valued at $117 million.
• Marriott Vacations reported earnings of $1.96 per share, exceeding expectations, with a revenue of $1.25 billion for the quarter, reflecting a year-over-year increase of 9.3%.
• Analysts have mixed ratings on Marriott Vacations, with a consensus rating of "Hold" and a target price averaging $92.67, alongside a recent adjustment by Goldman Sachs to a price objective of $65.

Fuller & Thaler Asset Management Inc. raised its holdings in Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) by 32.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,822,687 shares of the company's stock after acquiring an additional 444,126 shares during the period. Fuller & Thaler Asset Management Inc. owned about 5.27% of Marriott Vacations Worldwide worth $117,089,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Dark Forest Capital Management LP bought a new stake in shares of Marriott Vacations Worldwide in the fourth quarter valued at about $734,000. Ananym Capital Management LP bought a new stake in shares of Marriott Vacations Worldwide in the fourth quarter valued at about $21,987,000. GAMMA Investing LLC lifted its holdings in shares of Marriott Vacations Worldwide by 6,557.7% in the first quarter. GAMMA Investing LLC now owns 14,647 shares of the company's stock valued at $941,000 after purchasing an additional 14,427 shares in the last quarter. Captrust Financial Advisors bought a new stake in Marriott Vacations Worldwide during the fourth quarter worth about $440,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Marriott Vacations Worldwide by 74.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,653 shares of the company's stock worth $1,226,000 after acquiring an additional 5,816 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Barclays dropped their target price on Marriott Vacations Worldwide from $97.00 to $88.00 and set an "overweight" rating on the stock in a report on Monday, May 12th. Mizuho dropped their target price on Marriott Vacations Worldwide from $112.00 to $105.00 and set an "outperform" rating on the stock in a report on Friday, May 9th. 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 report on Thursday. Stifel Nicolaus set a $101.00 target price on Marriott Vacations Worldwide and gave the stock a "buy" rating in a report on Tuesday, August 5th. Finally, The Goldman Sachs Group upped their target price on Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a "sell" rating in a report on Wednesday, August 6th. Four equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $90.50.

Marriott Vacations Worldwide Stock Performance

Shares of Marriott Vacations Worldwide stock traded up $5.44 on Friday, hitting $79.39. The stock had a trading volume of 512,985 shares, compared to its average volume of 471,953. The stock has a market cap of $2.75 billion, a price-to-earnings ratio of 11.94, a price-to-earnings-growth ratio of 1.08 and a beta of 1.49. Marriott Vacations Worldwide Corporation has a twelve month low of $49.22 and a twelve month high of $100.32. The company has a quick ratio of 2.90, a current ratio of 3.55 and a debt-to-equity ratio of 2.17. The business's 50 day moving average is $76.32 and its two-hundred day moving average is $70.43.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued 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. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter 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. Analysts forecast that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current year.

Insider Buying and Selling at Marriott Vacations Worldwide

In other news, Director Christian Asmar purchased 337,551 shares of the company's stock in a transaction dated Wednesday, June 18th. The stock was bought at an average cost of $68.11 per share, for a total transaction of $22,990,598.61. Following the purchase, the director owned 4,045,984 shares of the company's stock, valued at approximately $275,571,970.24. The trade was a 9.10% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.60% of the company's stock.

Marriott Vacations Worldwide Company Profile

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.