Mubadala Investment Co PJSC Buys Shares of 27,398 Marriott Vacations Worldwide Corporation $VAC

Key Points

• Mubadala Investment Co PJSC has acquired 27,398 shares of Marriott Vacations Worldwide for approximately $1.76 million, representing about 0.08% of the company.
• Analyst ratings on Marriott Vacations Worldwide show mixed sentiments, with four Buy ratings and two Sell ratings, leading to an average price target of $90.50.
• Marriott Vacations Worldwide reported $1.96 EPS for the last quarter, exceeding analysts' estimates of $1.72, with a year-over-year revenue increase of 9.3%.

Mubadala Investment Co PJSC bought a new stake in Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 27,398 shares of the company's stock, valued at approximately $1,760,000. Mubadala Investment Co PJSC owned about 0.08% of Marriott Vacations Worldwide as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp lifted its stake in Marriott Vacations Worldwide by 136.5% in the first quarter. Fifth Third Bancorp now owns 395 shares of the company's stock valued at $25,000 after acquiring an additional 228 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Marriott Vacations Worldwide in the first quarter valued at approximately $53,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Marriott Vacations Worldwide in the fourth quarter valued at approximately $89,000. Headlands Technologies LLC bought a new position in shares of Marriott Vacations Worldwide in the first quarter valued at approximately $112,000. Finally, Forum Financial Management LP bought a new position in shares of Marriott Vacations Worldwide in the fourth quarter valued at approximately $203,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Truist Financial dropped their price target on shares of Marriott Vacations Worldwide from $128.00 to $127.00 and set a "buy" rating on the stock in a research report on Thursday, August 21st. Barclays dropped their price target on shares of Marriott Vacations Worldwide from $97.00 to $88.00 and set an "overweight" rating on the stock in a research report on Monday, May 12th. Stifel Nicolaus set a $101.00 price target on shares of Marriott Vacations Worldwide and gave the company a "buy" rating in a research report on Tuesday, August 5th. The Goldman Sachs Group lifted their price target on shares of Marriott Vacations Worldwide from $55.00 to $65.00 and gave the company a "sell" rating in a research report on Wednesday, August 6th. Finally, Mizuho dropped their price target on shares of 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. Four research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, Marriott Vacations Worldwide has an average rating of "Hold" and an average price target of $90.50.

Marriott Vacations Worldwide Trading Down 0.7%

Shares of VAC stock opened at $78.05 on Friday. Marriott Vacations Worldwide Corporation has a 1 year low of $49.22 and a 1 year high of $100.32. The firm's fifty day simple moving average is $77.34 and its 200 day simple moving average is $70.19. The firm has a market capitalization of $2.70 billion, a P/E ratio of 11.74, a price-to-earnings-growth ratio of 1.14 and a beta of 1.49. The company has a current ratio of 3.55, a quick ratio of 2.90 and a debt-to-equity ratio of 2.17.

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 (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the previous year, the firm posted $1.10 earnings per share. Marriott Vacations Worldwide's revenue 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. As a group, sell-side analysts predict that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current year.

Insider Transactions at Marriott Vacations Worldwide

In related news, Director Christian Asmar bought 412,449 shares of the company's stock in a transaction that occurred on Tuesday, June 17th. The shares were acquired at an average price of $67.61 per share, with a total value of $27,885,676.89. Following the completion of 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 Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.60% of the company's stock.

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.

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