Key Points
- Director William Mccarten purchased 5,000 shares on Nov. 20 at an average price of $48.08 (≈$240,400), increasing his stake to 13,708 shares—a 57.42% rise—and the buy was disclosed in an SEC Form 4.
- Marriott Vacations traded around $50.74 mid-day with a market cap of $1.76B; the company reported $1.69 EPS for the quarter (beating estimates) but revenue fell 3.2% YoY and it set FY2025 guidance of 6.70–7.10 EPS.
- The firm pays a quarterly dividend of $0.79 (annualized $3.16) for a 6.2% yield and a 70.85% payout ratio, while analyst coverage is mixed with an average "Hold" rating and a $63.38 average price target.
Marriott Vacations Worldwide Corporation (NYSE:VAC - Get Free Report) Director William Mccarten purchased 5,000 shares of the company's stock in a transaction that occurred on Thursday, November 20th. The shares were purchased at an average cost of $48.08 per share, for a total transaction of $240,400.00. Following the completion of the transaction, the director owned 13,708 shares in the company, valued at approximately $659,080.64. This represents a 57.42% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Marriott Vacations Worldwide Stock Performance
Marriott Vacations Worldwide stock traded up $3.93 during mid-day trading on Friday, reaching $50.74. The company's stock had a trading volume of 796,209 shares, compared to its average volume of 749,023. The company has a current ratio of 3.87, a quick ratio of 3.22 and a debt-to-equity ratio of 2.29. Marriott Vacations Worldwide Corporation has a twelve month low of $44.58 and a twelve month high of $99.42. The business has a 50 day moving average price of $63.94 and a 200-day moving average price of $70.28. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 11.38, a PEG ratio of 1.03 and a beta of 1.50.
Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $1.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.64 by $0.05. Marriott Vacations Worldwide had a net margin of 3.44% and a return on equity of 11.44%. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period last year, the firm posted $1.80 EPS. The company's revenue for the quarter was down 3.2% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.700-7.100 EPS. Sell-side analysts predict that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current fiscal year.
Marriott Vacations Worldwide Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Wednesday, September 17th were paid a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date was Wednesday, September 17th. Marriott Vacations Worldwide's dividend payout ratio (DPR) is presently 70.85%.
Institutional Trading of Marriott Vacations Worldwide
Hedge funds and other institutional investors have recently modified their holdings of the business. Ameritas Advisory Services LLC acquired a new position in Marriott Vacations Worldwide during the second quarter valued at $25,000. Pinnacle Bancorp Inc. acquired a new position in shares of Marriott Vacations Worldwide in the 3rd quarter valued at about $25,000. Hantz Financial Services Inc. boosted its holdings in shares of Marriott Vacations Worldwide by 627.8% during the second quarter. Hantz Financial Services Inc. now owns 393 shares of the company's stock worth $28,000 after purchasing an additional 339 shares during the period. Advisory Services Network LLC purchased a new position in Marriott Vacations Worldwide during the third quarter valued at approximately $27,000. Finally, Assetmark Inc. increased its stake in Marriott Vacations Worldwide by 90.6% in the 2nd quarter. Assetmark Inc. now owns 427 shares of the company's stock valued at $31,000 after buying an additional 203 shares during the period. Institutional investors and hedge funds own 89.52% of the company's stock.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the stock. Morgan Stanley set a $70.00 target price on shares of Marriott Vacations Worldwide in a research report on Wednesday, October 22nd. Weiss Ratings reissued a "sell (d+)" rating on shares of Marriott Vacations Worldwide in a research note on Wednesday. The Goldman Sachs Group reduced their price objective on shares of Marriott Vacations Worldwide from $63.00 to $54.00 and set a "sell" rating for the company in a report on Tuesday, November 11th. Stifel Nicolaus set a $83.00 target price on shares of Marriott Vacations Worldwide in a research report on Thursday, November 6th. Finally, Barclays reduced their price target on shares of Marriott Vacations Worldwide from $87.00 to $64.00 and set an "overweight" rating for the company in a research note on Friday, November 7th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Marriott Vacations Worldwide presently has an average rating of "Hold" and an average price target of $63.38.
Read Our Latest Stock Analysis on VAC
About Marriott Vacations Worldwide
(
Get Free Report)
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.
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