Legal & General Group Plc Has $4.27 Million Holdings in Marriott Vacations Worldwide Corporation $VAC

Legal & General Group Plc grew its holdings in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) by 63.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 73,939 shares of the company’s stock after acquiring an additional 28,613 shares during the quarter. Legal & General Group Plc’s holdings in Marriott Vacations Worldwide were worth $4,266,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Advisory Services Network LLC acquired a new position in shares of Marriott Vacations Worldwide during the 3rd quarter worth approximately $27,000. IFP Advisors Inc grew its position in shares of Marriott Vacations Worldwide by 1,828.0% during the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock worth $32,000 after purchasing an additional 457 shares in the last quarter. Leonteq Securities AG acquired a new position in shares of Marriott Vacations Worldwide during the 4th quarter worth approximately $35,000. Hantz Financial Services Inc. grew its position in shares of Marriott Vacations Worldwide by 155.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,002 shares of the company’s stock worth $67,000 after purchasing an additional 609 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its position in shares of Marriott Vacations Worldwide by 194.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,035 shares of the company’s stock worth $69,000 after purchasing an additional 683 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Citizens Jmp lowered shares of Marriott Vacations Worldwide from an “outperform” rating to a “market perform” rating in a research report on Monday, March 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $92.00 target price on shares of Marriott Vacations Worldwide in a research report on Thursday, April 30th. The Goldman Sachs Group upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 target price on the stock in a research report on Monday, June 1st. Zacks Research lowered shares of Marriott Vacations Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. Finally, Wells Fargo & Company upped their price target on shares of Marriott Vacations Worldwide from $58.00 to $66.00 and gave the stock an “underweight” rating in a report on Thursday, May 7th. Seven analysts have rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $83.70.

Marriott Vacations Worldwide Price Performance

Shares of NYSE:VAC opened at $89.20 on Tuesday. The company has a market cap of $3.06 billion, a price-to-earnings ratio of -8.84, a PEG ratio of 2.04 and a beta of 1.25. The company has a debt-to-equity ratio of 2.80, a current ratio of 3.30 and a quick ratio of 2.77. The firm has a 50 day simple moving average of $74.34 and a 200 day simple moving average of $64.76. Marriott Vacations Worldwide Corporation has a one year low of $44.58 and a one year high of $91.61.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.24 EPS for the quarter, missing the consensus estimate of $1.67 by ($0.43). The company had revenue of $1.26 billion during 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%. Marriott Vacations Worldwide’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.66 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. Research analysts predict that Marriott Vacations Worldwide Corporation will post 7.26 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be paid a dividend of $0.80 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $3.20 annualized dividend and a dividend yield of 3.6%. 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.