Marriott Vacations Worldwide Corporation (NYSE:VAC – Get Free Report) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 2,996,566 shares, a growth of 18.8% from the February 26th total of 2,522,196 shares. Currently, 8.9% of the shares of the stock are short sold. Based on an average trading volume of 738,235 shares, the short-interest ratio is presently 4.1 days.
Marriott Vacations Worldwide Price Performance
Shares of VAC stock traded up $0.44 on Tuesday, hitting $65.16. 695,677 shares of the company’s stock were exchanged, compared to its average volume of 638,056. The company has a debt-to-equity ratio of 2.85, a current ratio of 3.48 and a quick ratio of 2.94. Marriott Vacations Worldwide has a 12 month low of $44.58 and a 12 month high of $86.33. The stock has a market cap of $2.24 billion, a P/E ratio of -7.03, a price-to-earnings-growth ratio of 1.65 and a beta of 1.24. The company has a 50 day moving average of $61.86 and a 200 day moving average of $61.46.
Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.14. Marriott Vacations Worldwide had a positive return on equity of 11.77% and a negative net margin of 6.12%.The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the firm posted $1.86 earnings per share. Marriott Vacations Worldwide’s revenue was down .3% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, equities research analysts predict that Marriott Vacations Worldwide will post 6.23 EPS for the current year.
Marriott Vacations Worldwide Dividend Announcement
Analyst Ratings Changes
Several equities research analysts recently weighed in on the stock. Citizens Jmp cut shares of Marriott Vacations Worldwide from an “outperform” rating to a “market perform” rating in a research report on Monday, March 9th. Wall Street Zen raised shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Zacks Research upgraded shares of Marriott Vacations Worldwide from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 18th. Mizuho raised shares of Marriott Vacations Worldwide from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $58.00 to $104.00 in a report on Thursday, March 5th. Finally, Wells Fargo & Company increased their price target on shares of Marriott Vacations Worldwide from $46.00 to $58.00 and gave the stock an “underweight” rating in a research report on Friday, February 27th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $73.67.
Insiders Place Their Bets
In related news, insider Michael Flaskey bought 14,862 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average cost of $67.26 per share, for a total transaction of $999,618.12. Following the transaction, the insider owned 14,862 shares in the company, valued at $999,618.12. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last ninety days, insiders acquired 14,971 shares of company stock valued at $1,006,280. 1.60% of the stock is owned by insiders.
Hedge Funds Weigh In On Marriott Vacations Worldwide
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pinnacle Bancorp Inc. acquired a new stake in Marriott Vacations Worldwide in the third quarter valued at approximately $25,000. Advisory Services Network LLC acquired a new position in shares of Marriott Vacations Worldwide during the third quarter worth $27,000. IFP Advisors Inc increased its holdings in shares of Marriott Vacations Worldwide by 1,828.0% during the third quarter. IFP Advisors Inc now owns 482 shares of the company’s stock worth $32,000 after buying an additional 457 shares in the last quarter. Leonteq Securities AG bought a new position in shares of Marriott Vacations Worldwide in the 4th quarter valued at $35,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Marriott Vacations Worldwide during the 4th quarter valued at $37,000. Institutional investors own 89.52% of the company’s stock.
Marriott Vacations Worldwide Company Profile
Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.
The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.
Further Reading
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