Vanguard Capital Wealth Advisors Buys New Holdings in Marriott Vacations Worldwide Corporation $VAC

Key Points

• Vanguard Capital Wealth Advisors has invested approximately $434,000 in Marriott Vacations Worldwide Corporation, acquiring 6,007 shares as per its recent SEC filing.
• The company reported earnings of $1.96 per share for the last quarter, exceeding analyst estimates of $1.72, with a revenue of $1.25 billion.
• Marriott Vacations Worldwide has announced a quarterly dividend of $0.79, representing an annualized dividend yield of 4.1%.

Vanguard Capital Wealth Advisors acquired a new position in Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,007 shares of the company's stock, valued at approximately $434,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Fifth Third Bancorp grew its stake in shares of Marriott Vacations Worldwide by 136.5% in the first quarter. Fifth Third Bancorp now owns 395 shares of the company's stock worth $25,000 after acquiring an additional 228 shares during the last quarter. Investment Advisory Group LLC purchased a new stake in shares of Marriott Vacations Worldwide in the first quarter worth $31,000. UMB Bank n.a. grew its stake in shares of Marriott Vacations Worldwide by 194.9% in the second quarter. UMB Bank n.a. now owns 690 shares of the company's stock worth $50,000 after acquiring an additional 456 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Marriott Vacations Worldwide in the first quarter worth $53,000. Finally, Parallel Advisors LLC grew its stake in shares of Marriott Vacations Worldwide by 898.3% in the second quarter. Parallel Advisors LLC now owns 1,198 shares of the company's stock worth $87,000 after acquiring an additional 1,078 shares during the last quarter. Institutional investors own 89.52% of the company's stock.

Analyst Upgrades and Downgrades

VAC has been the topic of a number of recent research reports. Truist Financial cut their target price on Marriott Vacations Worldwide from $128.00 to $127.00 and set a "buy" rating on the stock in a research note on Thursday, August 21st. Morgan Stanley reissued an "underweight" rating on shares of Marriott Vacations Worldwide in a research note on Tuesday, July 15th. The Goldman Sachs Group increased their target price on Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a "sell" rating in a research note on Wednesday, August 6th. Finally, Stifel Nicolaus set a $101.00 price objective on Marriott Vacations Worldwide and gave the company a "buy" rating in a research report on Tuesday, August 5th. Four research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $90.50.

Marriott Vacations Worldwide Stock Performance

Shares of NYSE VAC traded down $1.13 during trading on Tuesday, hitting $72.71. The company had a trading volume of 127,851 shares, compared to its average volume of 540,097. The stock has a 50 day simple moving average of $77.29 and a 200 day simple moving average of $69.58. 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 12 month low of $49.22 and a 12 month high of $100.32. The firm has a market capitalization of $2.52 billion, a P/E ratio of 10.94, a price-to-earnings-growth ratio of 1.10 and a beta of 1.48.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The company reported $1.96 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter last year, the company earned $1.10 earnings per share. The business's revenue for the quarter 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, analysts anticipate that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Wednesday, September 17th will be paid a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Wednesday, September 17th. Marriott Vacations Worldwide's dividend payout ratio (DPR) is 47.52%.

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.