Jones Financial Companies Lllp Acquires 30,646 Shares of Marriott Vacations Worldwide Corporation $VAC

Key Points

• Jones Financial Companies Lllp dramatically increased its holdings in Marriott Vacations Worldwide by 12,258.4% during the first quarter, owning 30,896 shares valued at approximately $1.92 million.
• Marriott Vacations Worldwide's stock is currently trading around $79.44, with a market capitalization of $2.75 billion, and has exhibited a 12-month high of $100.32.
• The company recently reported $1.96 earnings per share for the last quarter, surpassing analyst expectations, and has set its FY 2025 EPS guidance between 6.400-7.100.

Jones Financial Companies Lllp increased its position in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) by 12,258.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,896 shares of the company's stock after buying an additional 30,646 shares during the quarter. Jones Financial Companies Lllp owned 0.09% of Marriott Vacations Worldwide worth $1,917,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in VAC. Mercer Global Advisors Inc. ADV acquired a new stake in Marriott Vacations Worldwide during the fourth quarter valued at approximately $302,000. Captrust Financial Advisors acquired a new stake in Marriott Vacations Worldwide during the fourth quarter valued at approximately $440,000. Focus Partners Wealth boosted its holdings in Marriott Vacations Worldwide by 113.3% during the fourth quarter. Focus Partners Wealth now owns 6,447 shares of the company's stock valued at $579,000 after purchasing an additional 3,424 shares in the last quarter. Nuveen Asset Management LLC boosted its holdings in Marriott Vacations Worldwide by 3.2% during the fourth quarter. Nuveen Asset Management LLC now owns 69,896 shares of the company's stock valued at $6,277,000 after purchasing an additional 2,142 shares in the last quarter. Finally, Pathstone Holdings LLC boosted its holdings in Marriott Vacations Worldwide by 1.4% during the fourth quarter. Pathstone Holdings LLC now owns 155,987 shares of the company's stock valued at $14,008,000 after purchasing an additional 2,127 shares in the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Marriott Vacations Worldwide Trading Up 0.0%

Shares of VAC stock traded up $0.01 on Wednesday, hitting $77.13. The stock had a trading volume of 49,939 shares, compared to its average volume of 533,996. Marriott Vacations Worldwide Corporation has a twelve month low of $49.22 and a twelve month high of $100.32. The firm has a market cap of $2.67 billion, a P/E ratio of 11.62, a PEG ratio of 1.11 and a beta of 1.48. The company has a current ratio of 3.55, a quick ratio of 2.90 and a debt-to-equity ratio of 2.17. The company has a fifty day moving average price of $77.85 and a two-hundred day moving average price of $69.50.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported $1.96 earnings per share for the quarter, topping analysts' consensus estimates of $1.72 by $0.24. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.22 billion. Marriott Vacations Worldwide had a net margin of 5.10% and a return on equity of 11.74%. The company'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 earned $1.10 EPS. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.400-7.100 EPS. As a group, analysts forecast 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 announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Wednesday, September 17th will be paid a $0.79 dividend. The ex-dividend date of this dividend is Wednesday, September 17th. This represents a $3.16 dividend on an annualized basis and a yield of 4.1%. Marriott Vacations Worldwide's dividend payout ratio is presently 47.52%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Morgan Stanley reiterated an "underweight" rating on shares of Marriott Vacations Worldwide in a research note on Tuesday, July 15th. 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. Truist Financial cut their target price on shares of Marriott Vacations Worldwide from $128.00 to $127.00 and set a "buy" rating for the company in a research note on Thursday, August 21st. Finally, Stifel Nicolaus set a $101.00 target price on shares of Marriott Vacations Worldwide and gave the company a "buy" rating in a research note on Tuesday, August 5th. Four research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $90.50.

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.