Louisiana State Employees Retirement System Takes Position in Marriott Vacations Worldwide Corporation $VAC

Louisiana State Employees Retirement System bought a new position in Marriott Vacations Worldwide Corporation (NYSE:VAC) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 12,300 shares of the company’s stock, valued at approximately $801,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Capital World Investors purchased a new stake in Marriott Vacations Worldwide during the 3rd quarter valued at about $226,000. Vanguard Group Inc. increased its stake in shares of Marriott Vacations Worldwide by 7.4% in the fourth quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company’s stock worth $195,730,000 after buying an additional 234,105 shares during the period. Schonfeld Strategic Advisors LLC bought a new stake in Marriott Vacations Worldwide during the 4th quarter valued at $12,633,000. AQR Capital Management LLC grew its holdings in Marriott Vacations Worldwide by 157.8% in the 4th quarter. AQR Capital Management LLC now owns 351,552 shares of the company’s stock worth $20,281,000 after acquiring an additional 215,202 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Marriott Vacations Worldwide by 41.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 399,668 shares of the company’s stock valued at $23,057,000 after acquiring an additional 117,030 shares during the period. 89.52% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on VAC shares. Mizuho set a $103.00 target price on Marriott Vacations Worldwide in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft increased their price objective on Marriott Vacations Worldwide from $92.00 to $119.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Zacks Research lowered Marriott Vacations Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. Weiss Ratings reissued a “sell (d)” rating on shares of Marriott Vacations Worldwide in a research note on Friday, June 12th. Finally, Barclays raised their price target on Marriott Vacations Worldwide from $80.00 to $94.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $86.40.

Marriott Vacations Worldwide Stock Up 1.0%

Shares of NYSE:VAC traded up $0.94 during trading on Tuesday, hitting $98.81. The stock had a trading volume of 2,831 shares, compared to its average volume of 559,832. The company has a market capitalization of $3.39 billion, a PE ratio of -9.79, a PEG ratio of 2.27 and a beta of 1.22. The company has a quick ratio of 2.77, a current ratio of 3.30 and a debt-to-equity ratio of 2.80. The firm’s fifty day moving average is $85.45 and its 200 day moving average is $70.79. Marriott Vacations Worldwide Corporation has a 12 month low of $44.58 and a 12 month high of $105.97.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($0.43). The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.20 billion. Marriott Vacations Worldwide had a negative net margin of 6.72% and a positive return on equity of 11.37%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.66 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. Analysts anticipate that Marriott Vacations Worldwide Corporation will post 7.31 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Wednesday, May 27th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently -31.71%.

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.