Marriott Vacations Worldwide Corporation $VAC Shares Newly Bought by CWA Asset Management Group LLC

Key Points

• CWA Asset Management Group acquired 9,562 Marriott Vacations Worldwide shares worth approximately $978,000, while institutional investors collectively own 89.52% of the company.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and a $108 average price target, despite some firms lowering their targets and maintaining underweight ratings.
• Marriott Vacations Worldwide reported quarterly EPS of $2.31, beating estimates of $1.97, and revenue rose 5.9% year over year to $1.32 billion; the company also pays a quarterly dividend of $0.80 per share.

CWA Asset Management Group LLC acquired a new stake in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 9,562 shares of the company's stock, valued at approximately $978,000.

Other large investors also recently bought and sold shares of the company. Penn Capital Management Company LLC purchased a new position in Marriott Vacations Worldwide during the second quarter worth approximately $16,611,000. Bank of New York Mellon Corp purchased a new stake in Marriott Vacations Worldwide in the 2nd quarter valued at $17,975,000. Legal & General Group Plc purchased a new stake in Marriott Vacations Worldwide in the 2nd quarter valued at $6,681,000. Illinois Municipal Retirement Fund purchased a new stake in Marriott Vacations Worldwide in the 1st quarter valued at $868,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in Marriott Vacations Worldwide in the 2nd quarter valued at $8,269,000. Hedge funds and other institutional investors own 89.52% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on VAC. Wells Fargo & Company dropped their price objective on shares of Marriott Vacations Worldwide from $101.00 to $100.00 and set an "underweight" rating for the company in a report on Monday. The Goldman Sachs Group restated a "buy" rating and set a $132.00 price objective on shares of Marriott Vacations Worldwide in a research report on Friday, August 7th. Barclays lifted their target price on shares of Marriott Vacations Worldwide from $94.00 to $140.00 and gave the stock an "overweight" rating in a research note on Friday, August 7th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $134.00 target price on shares of Marriott Vacations Worldwide in a report on Wednesday, August 12th. Finally, Morgan Stanley dropped their price target on shares of Marriott Vacations Worldwide from $65.00 to $63.00 and set an "underweight" rating for the company in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $108.00.

Insider Transactions at Marriott Vacations Worldwide

In other news, Director Christian Asmar sold 750,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $111.49, for a total value of $83,617,500.00. Following the completion of the transaction, the director owned 3,380,818 shares of the company's stock, valued at approximately $376,927,398.82. This trade represents a 18.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Kathleen A. Pighini sold 2,500 shares of Marriott Vacations Worldwide stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $120.00, for a total transaction of $300,000.00. Following the completion of the transaction, the insider owned 10,821 shares of the company's stock, valued at $1,298,520. This trade represents a 18.77% decrease in their position. The disclosure for this sale is available in the SEC filing. 13.30% of the stock is owned by corporate insiders.

Marriott Vacations Worldwide Stock Down 0.2%

Shares of NYSE VAC opened at $112.87 on Friday. The firm has a market cap of $3.88 billion, a price-to-earnings ratio of -11.59, a PEG ratio of 2.49 and a beta of 1.30. The company has a quick ratio of 2.99, a current ratio of 3.56 and a debt-to-equity ratio of 2.65. Marriott Vacations Worldwide Corporation has a 52-week low of $44.58 and a 52-week high of $131.34. The business's 50 day moving average is $106.68 and its two-hundred day moving average is $94.89.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $2.31 EPS for the quarter, topping the consensus estimate of $1.97 by $0.34. Marriott Vacations Worldwide had a positive return on equity of 12.27% and a negative net margin of 6.47%. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the business posted $1.96 earnings per share. The company's quarterly revenue was up 5.9% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. Research analysts predict that Marriott Vacations Worldwide Corporation will post 8.77 EPS for the current year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th were paid a dividend of $0.80 per share. The ex-dividend date was Wednesday, September 16th. This represents a $3.20 dividend on an annualized basis and a yield of 2.8%. Marriott Vacations Worldwide's dividend payout ratio is -32.85%.

Marriott Vacations Worldwide Profile

Marriott Vacations Worldwide Corporation NYSE: VAC is a global vacation ownership and leisure travel company. It develops, markets, sells, and manages vacation ownership interests, which provide customers with access to accommodations and resort experiences through points-based and deeded ownership programs. The company also operates related vacation exchange, rental, resort management, and travel businesses.

Its portfolio includes vacation ownership and related offerings under brands such as Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Grand Residences by Marriott, and Aqua-Aston.

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