Marriott Vacations Worldwide (NYSE:VAC) Cut to “Market Perform” at Citizens Jmp

Citizens Jmp cut shares of Marriott Vacations Worldwide (NYSE:VAC) from an outperform rating to a market perform rating in a research note issued to investors on Monday, MarketBeat Ratings reports.

VAC has been the topic of several other research reports. Weiss Ratings raised shares of Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, March 3rd. Wells Fargo & Company increased their price objective on shares of Marriott Vacations Worldwide from $46.00 to $58.00 and gave the stock an “underweight” rating in a research note on Friday, February 27th. Wall Street Zen upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. The Goldman Sachs Group lowered their target price on shares of Marriott Vacations Worldwide from $63.00 to $54.00 and set a “sell” rating on the stock in a research note on Tuesday, November 11th. Finally, Jefferies Financial Group raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and upped their target price for the stock from $52.00 to $105.00 in a report on Monday, March 2nd. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $73.67.

Marriott Vacations Worldwide Stock Performance

Shares of VAC opened at $68.93 on Monday. The company has a quick ratio of 2.94, a current ratio of 3.48 and a debt-to-equity ratio of 2.85. The business has a 50-day simple moving average of $59.98 and a two-hundred day simple moving average of $62.55. The stock has a market cap of $2.36 billion, a price-to-earnings ratio of -7.44, a PEG ratio of 1.74 and a beta of 1.24. Marriott Vacations Worldwide has a 52 week low of $44.58 and a 52 week high of $86.33.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.14. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Marriott Vacations Worldwide had a positive return on equity of 11.77% and a negative net margin of 6.12%.The business’s quarterly revenue was down .3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.86 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, analysts expect that Marriott Vacations Worldwide will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.80 per share. The ex-dividend date is Wednesday, March 4th. This represents a $3.20 annualized dividend and a dividend yield of 4.6%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently -34.52%.

Insider Activity at Marriott Vacations Worldwide

In related news, insider Michael Flaskey bought 14,862 shares of the stock in a transaction dated Tuesday, March 10th. The shares were purchased at an average price of $67.26 per share, with a total value of $999,618.12. Following the completion of the acquisition, the insider owned 14,862 shares of the company’s stock, valued at $999,618.12. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have acquired a total of 14,971 shares of company stock valued at $1,006,280 over the last quarter. 1.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Marriott Vacations Worldwide by 7.4% in the 4th quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company’s stock worth $195,730,000 after purchasing an additional 234,105 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Marriott Vacations Worldwide by 2.9% during the third quarter. Dimensional Fund Advisors LP now owns 1,950,309 shares of the company’s stock valued at $129,820,000 after purchasing an additional 54,285 shares in the last quarter. Senvest Management LLC grew its position in shares of Marriott Vacations Worldwide by 19.4% during the second quarter. Senvest Management LLC now owns 1,816,012 shares of the company’s stock valued at $131,316,000 after purchasing an additional 294,937 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Marriott Vacations Worldwide by 37.4% in the second quarter. Geode Capital Management LLC now owns 788,879 shares of the company’s stock worth $57,051,000 after purchasing an additional 214,629 shares during the last quarter. Finally, Ananym Capital Management LP lifted its position in shares of Marriott Vacations Worldwide by 0.4% in the fourth quarter. Ananym Capital Management LP now owns 736,947 shares of the company’s stock worth $42,514,000 after buying an additional 3,200 shares in the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

About Marriott Vacations Worldwide

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.