Landscape Capital Management L.L.C. Purchases 13,887 Shares of Marriott Vacations Worldwide Corporation $VAC

Key Points

• Landscape Capital Management L.L.C. has increased its holdings in Marriott Vacations Worldwide by 29.5%, acquiring an additional 13,887 shares, bringing its total to 61,007 shares valued at approximately $3,919,000 as of the latest SEC filing.
• Marriott Vacations Worldwide reported a net margin of 5.10% and a 9.3% increase in revenue year-over-year, with quarterly earnings of $1.96 per share, surpassing analysts' expectations of $1.72.
• A mix of investment firms has adjusted their price targets for Marriott Vacations Worldwide, with Truist Financial rating it as a "buy" and Barclays lowering its target from $97.00 to $88.00.

Landscape Capital Management L.L.C. lifted its position in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) by 29.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,007 shares of the company's stock after purchasing an additional 13,887 shares during the period. Landscape Capital Management L.L.C. owned about 0.18% of Marriott Vacations Worldwide worth $3,919,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Dimensional Fund Advisors LP increased its stake in Marriott Vacations Worldwide by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,931,782 shares of the company's stock valued at $124,101,000 after purchasing an additional 48,585 shares during the last quarter. Fuller & Thaler Asset Management Inc. lifted its holdings in Marriott Vacations Worldwide by 32.2% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,822,687 shares of the company's stock worth $117,089,000 after purchasing an additional 444,126 shares during the period. Hotchkis & Wiley Capital Management LLC lifted its holdings in Marriott Vacations Worldwide by 8.1% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 1,139,334 shares of the company's stock worth $73,191,000 after purchasing an additional 85,230 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in Marriott Vacations Worldwide by 2.8% in the first quarter. T. Rowe Price Investment Management Inc. now owns 800,315 shares of the company's stock worth $51,413,000 after purchasing an additional 21,631 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in Marriott Vacations Worldwide by 47.2% in the fourth quarter. AQR Capital Management LLC now owns 765,480 shares of the company's stock worth $68,510,000 after purchasing an additional 245,427 shares during the period. Institutional investors own 89.52% of the company's stock.

Insider Buying and Selling at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, Director Christian Asmar acquired 337,551 shares of Marriott Vacations Worldwide stock in a transaction dated Wednesday, June 18th. The stock was bought at an average cost of $68.11 per share, with a total value of $22,990,598.61. Following the completion of the transaction, 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.60% of the company's stock.

Marriott Vacations Worldwide Trading Down 0.7%

NYSE VAC traded down $0.56 on Monday, hitting $78.05. 219,331 shares of the company were exchanged, compared to its average volume of 402,644. The company's 50 day moving average price is $77.34 and its 200-day moving average price is $69.99. The company has a debt-to-equity ratio of 2.17, a current ratio of 3.55 and a quick ratio of 2.90. The firm has a market capitalization of $2.70 billion, a P/E ratio of 11.74, a price-to-earnings-growth ratio of 1.13 and a beta of 1.48. 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 released its quarterly earnings data on Monday, August 4th. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the prior year, the business earned $1.10 EPS. The company'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. Analysts predict that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on VAC. Barclays reduced their price objective on shares of Marriott Vacations Worldwide from $97.00 to $88.00 and set an "overweight" rating for the company in a report on Monday, May 12th. Mizuho reduced their price objective on shares of Marriott Vacations Worldwide from $112.00 to $105.00 and set an "outperform" rating for the company in a report on Friday, May 9th. The Goldman Sachs Group upped their price objective on shares of Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a "sell" rating in a report on Wednesday, August 6th. Truist Financial reduced their price objective on shares of Marriott Vacations Worldwide from $128.00 to $127.00 and set a "buy" rating for the company in a report on Thursday, August 21st. Finally, Stifel Nicolaus set a $101.00 price target on shares of Marriott Vacations Worldwide and gave the company a "buy" rating in a report 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's stock. According to data from MarketBeat.com, Marriott Vacations Worldwide has a consensus rating of "Hold" and a consensus price target 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.