Marriott Vacations Worldwide Corporation $VAC Shares Sold by Deutsche Bank AG

Deutsche Bank AG reduced its stake in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) by 98.5% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 79,677 shares of the company's stock after selling 5,184,724 shares during the period. Deutsche Bank AG owned approximately 0.23% of Marriott Vacations Worldwide worth $5,118,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dark Forest Capital Management LP acquired a new stake in Marriott Vacations Worldwide during the 4th quarter worth about $734,000. Ananym Capital Management LP acquired a new stake in Marriott Vacations Worldwide during the 4th quarter worth about $21,987,000. GAMMA Investing LLC grew its position in Marriott Vacations Worldwide by 6,557.7% during the 1st quarter. GAMMA Investing LLC now owns 14,647 shares of the company's stock worth $941,000 after purchasing an additional 14,427 shares during the period. Captrust Financial Advisors acquired a new stake in Marriott Vacations Worldwide during the 4th quarter worth about $440,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in Marriott Vacations Worldwide by 74.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,653 shares of the company's stock worth $1,226,000 after purchasing an additional 5,816 shares during the period. 89.52% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Truist Financial cut their price target on Marriott Vacations Worldwide from $128.00 to $127.00 and set a "buy" rating on the stock in a research report on Thursday. Morgan Stanley reaffirmed an "underweight" rating on shares of Marriott Vacations Worldwide in a research report on Tuesday, July 15th. The Goldman Sachs Group increased their price target on Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a "sell" rating in a research report on Wednesday, August 6th. 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 research report on Friday, May 9th. Finally, Stifel Nicolaus set a $101.00 target price on Marriott Vacations Worldwide and gave the company a "buy" rating in a research report on Tuesday, August 5th. Four analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Marriott Vacations Worldwide has an average rating of "Hold" and a consensus price target of $90.50.

Marriott Vacations Worldwide Price Performance

VAC stock traded up $4.8070 during trading on Friday, hitting $78.7570. The stock had a trading volume of 57,036 shares, compared to its average volume of 554,602. 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 company's 50-day moving average price is $76.03 and its two-hundred day moving average price is $70.46. Marriott Vacations Worldwide Corporation has a twelve month low of $49.22 and a twelve month high of $100.32. The stock has a market capitalization of $2.72 billion, a P/E ratio of 11.80, a PEG ratio of 1.07 and a beta of 1.49.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last released 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 business had revenue of $1.25 billion for 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 business's revenue was up 9.3% on a year-over-year basis. During the same period last year, the company posted $1.10 EPS. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.400-7.100 EPS. As a group, research analysts predict that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current fiscal year.

Insider Activity at Marriott Vacations Worldwide

In other news, Director Christian Asmar purchased 337,551 shares of Marriott Vacations Worldwide stock in a transaction dated Wednesday, June 18th. The shares were purchased at an average price of $68.11 per share, with a total value of $22,990,598.61. Following the transaction, the director owned 4,045,984 shares in the company, valued at $275,571,970.24. This represents 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 at this hyperlink. Insiders own 1.60% of the company's stock.

Marriott Vacations Worldwide 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.