5,972 Shares in Marriott Vacations Worldwide Corporation $VAC Acquired by Petrus Trust Company LTA

Key Points

• Petrus Trust Company LTA acquired 5,972 shares of Marriott Vacations Worldwide Corporation (NYSE: VAC) during the first quarter, valued at approximately $384,000.
• The company's recent quarterly earnings report showed a profit of $1.96 per share, exceeding analyst estimates, with a revenue of $1.25 billion for the quarter.
• Marriott Vacations Worldwide announced a quarterly dividend of $0.79 per share, representing an annualized yield of 4.0%.

Petrus Trust Company LTA purchased a new position in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,972 shares of the company's stock, valued at approximately $384,000.

A number of other hedge funds also recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its holdings in Marriott Vacations Worldwide by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,931,782 shares of the company's stock valued at $124,101,000 after acquiring an additional 48,585 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in Marriott Vacations Worldwide by 32.2% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,822,687 shares of the company's stock valued at $117,089,000 after acquiring an additional 444,126 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in Marriott Vacations Worldwide by 8.1% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 1,139,334 shares of the company's stock valued at $73,191,000 after acquiring an additional 85,230 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in Marriott Vacations Worldwide by 2.8% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 800,315 shares of the company's stock valued at $51,413,000 after acquiring an additional 21,631 shares during the last quarter. Finally, Ananym Capital Management LP raised its holdings in Marriott Vacations Worldwide by 75.1% in the 1st quarter. Ananym Capital Management LP now owns 428,647 shares of the company's stock valued at $27,536,000 after acquiring an additional 183,805 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company's stock.

Marriott Vacations Worldwide Trading Down 2.9%

Shares of NYSE VAC traded down $2.32 during midday trading on Friday, reaching $77.13. 366,352 shares of the stock were exchanged, compared to its average volume of 303,514. The company has a 50 day simple moving average of $77.96 and a 200 day simple moving average of $69.49. The stock has a market capitalization of $2.67 billion, a P/E ratio of 11.60, a PEG ratio of 1.16 and a beta of 1.48. The company has a debt-to-equity ratio of 2.17, a quick ratio of 2.90 and a current ratio of 3.55. 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 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. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the firm earned $1.10 EPS. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.400-7.100 EPS. As a group, equities analysts expect that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Wednesday, September 17th will be given a dividend of $0.79 per share. The ex-dividend date of this dividend is Wednesday, September 17th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 4.1%. Marriott Vacations Worldwide's dividend payout ratio (DPR) is presently 47.52%.

Analyst Ratings Changes

A number of analysts have commented on the stock. The Goldman Sachs Group increased their price objective on shares of Marriott Vacations Worldwide from $55.00 to $65.00 and gave the company a "sell" rating in a report on Wednesday, August 6th. Stifel Nicolaus set a $101.00 price objective on shares of Marriott Vacations Worldwide and gave the company a "buy" rating in a report on Tuesday, August 5th. Morgan Stanley reiterated an "underweight" rating on shares of Marriott Vacations Worldwide in a report on Tuesday, July 15th. Finally, Truist Financial cut their price target 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. Four analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $90.50.

Insider Buying and Selling at Marriott Vacations Worldwide

In related news, Director Christian Asmar acquired 412,449 shares of the stock in a transaction that occurred on Tuesday, June 17th. The stock was purchased at an average price of $67.61 per share, with a total value of $27,885,676.89. Following the transaction, the director owned 3,708,433 shares of the company's stock, valued at approximately $250,727,155.13. This trade represents a 12.51% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 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.