Fox Run Management L.L.C. Has $806,000 Stock Holdings in Marriott Vacations Worldwide Corporation $VAC

Key Points

• Fox Run Management L.L.C. increased its position in Marriott Vacations Worldwide by 101.3%, acquiring a total of 12,546 shares valued at approximately $806,000.
• Director Christian Asmar purchased 337,551 shares at an average price of $68.11 each, increasing his ownership by 9.10% to approximately $275.57 million.
• Marriott Vacations Worldwide reported an earnings per share (EPS) of $1.96, surpassing analysts' estimates and showing a 9.3% increase in revenue year-over-year.

Fox Run Management L.L.C. raised its position in Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) by 101.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,546 shares of the company's stock after purchasing an additional 6,315 shares during the quarter. Fox Run Management L.L.C.'s holdings in Marriott Vacations Worldwide were worth $806,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of VAC. Point72 Asset Management L.P. purchased a new position in shares of Marriott Vacations Worldwide in the 4th quarter worth about $37,974,000. AQR Capital Management LLC raised its holdings in shares of Marriott Vacations Worldwide by 47.2% during the 4th quarter. AQR Capital Management LLC now owns 765,480 shares of the company's stock valued at $68,510,000 after buying an additional 245,427 shares during the period. Ananym Capital Management LP purchased a new stake in shares of Marriott Vacations Worldwide during the 4th quarter valued at about $21,987,000. Dimensional Fund Advisors LP raised its holdings in shares of Marriott Vacations Worldwide by 6.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,883,197 shares of the company's stock valued at $169,110,000 after buying an additional 116,854 shares during the period. Finally, First Trust Advisors LP raised its holdings in shares of Marriott Vacations Worldwide by 63.3% during the 4th quarter. First Trust Advisors LP now owns 286,081 shares of the company's stock valued at $25,690,000 after buying an additional 110,947 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, Director Christian Asmar purchased 412,449 shares of Marriott Vacations Worldwide stock in a transaction on Tuesday, June 17th. The stock was bought at an average price of $67.61 per share, for a total transaction of $27,885,676.89. Following the transaction, the director owned 3,708,433 shares of the company's stock, valued at $250,727,155.13. The trade was a 12.51% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.60% of the company's stock.

Marriott Vacations Worldwide Stock Performance

Shares of VAC traded down $0.4050 during mid-day trading on Thursday, hitting $73.0950. The stock had a trading volume of 84,379 shares, compared to its average volume of 556,402. Marriott Vacations Worldwide Corporation has a fifty-two week low of $49.22 and a fifty-two week high of $100.32. The company has a market cap of $2.53 billion, a PE ratio of 10.99, a PEG ratio of 1.10 and a beta of 1.49. 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 company's fifty day simple moving average is $75.89 and its two-hundred day simple moving average is $70.54.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last announced 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. Marriott Vacations Worldwide had a return on equity of 11.74% and a net margin of 5.10%.The company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the previous year, the firm posted $1.10 EPS. The firm's quarterly revenue was up 9.3% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.400-7.100 EPS. On average, equities analysts expect that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently commented on VAC. The Goldman Sachs Group raised their target price on Marriott Vacations Worldwide from $55.00 to $65.00 and gave the company a "sell" rating in a report on Wednesday, August 6th. Barclays dropped their price objective 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 price objective 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. Morgan Stanley restated an "underweight" rating on shares of Marriott Vacations Worldwide in a report on Tuesday, July 15th. Finally, Stifel Nicolaus set a $101.00 price objective on Marriott Vacations Worldwide and gave the stock a "buy" rating in a report on Tuesday, August 5th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $92.67.

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.