Key Points
- Director Dianna Morgan bought 500 shares on November 21 at an average price of $51.22 for $25,610, raising her stake to 23,094 shares (a 2.21% increase), with the purchase disclosed in an SEC filing.
- Marriott Vacations reported Q3 EPS of $1.69 (beating estimates) but revenue fell 3.2% year-over-year, set FY2025 guidance of 6.700–7.100 EPS, and pays a quarterly dividend of $0.79 (annualized $3.16, ~6.1% yield, payout ratio ~70.9%).
- Analysts have lowered price targets and the stock carries a MarketBeat consensus rating of "Hold" with a target of $63.38; the company has a market cap of about $1.8 billion and a trailing PE of 11.69, with a 52-week range of $44.58–$99.42.
Marriott Vacations Worldwide Corporation (NYSE:VAC - Get Free Report) Director Dianna Morgan purchased 500 shares of the stock in a transaction dated Friday, November 21st. The stock was purchased at an average price of $51.22 per share, for a total transaction of $25,610.00. Following the completion of the acquisition, the director directly owned 23,094 shares in the company, valued at approximately $1,182,874.68. This represents a 2.21% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website.
Marriott Vacations Worldwide Trading Up 2.7%
NYSE VAC opened at $52.15 on Tuesday. Marriott Vacations Worldwide Corporation has a 52 week low of $44.58 and a 52 week high of $99.42. The company has a 50 day moving average price of $63.44 and a 200 day moving average price of $70.37. The company has a quick ratio of 3.22, a current ratio of 3.87 and a debt-to-equity ratio of 2.29. The firm has a market cap of $1.80 billion, a PE ratio of 11.69, a price-to-earnings-growth ratio of 1.12 and a beta of 1.50.
Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $1.69 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.31 billion. During the same period last year, the firm earned $1.80 earnings per share. Marriott Vacations Worldwide's revenue was down 3.2% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.700-7.100 EPS. As a group, sell-side analysts forecast that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current fiscal year.
Marriott Vacations Worldwide Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Wednesday, September 17th were given a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend was Wednesday, September 17th. Marriott Vacations Worldwide's dividend payout ratio is currently 70.85%.
Analysts Set New Price Targets
Several equities research analysts have weighed in on VAC shares. Citizens Jmp lowered their price target on Marriott Vacations Worldwide from $115.00 to $60.00 and set a "market outperform" rating for the company in a report on Friday, November 7th. Barclays lowered their target price 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. Stifel Nicolaus set a $83.00 price target on shares of Marriott Vacations Worldwide in a research note on Thursday, November 6th. Truist Financial decreased their price target on shares of Marriott Vacations Worldwide from $127.00 to $81.00 and set a "buy" rating for the company in a report on Friday, November 14th. Finally, Mizuho lowered shares of Marriott Vacations Worldwide from an "outperform" rating to a "neutral" rating and dropped their price objective for the company from $85.00 to $58.00 in a report on Tuesday, November 11th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $63.38.
Read Our Latest Report on Marriott Vacations Worldwide
Institutional Trading of Marriott Vacations Worldwide
Several institutional investors and hedge funds have recently bought and sold shares of VAC. CIBC Private Wealth Group LLC boosted its holdings in shares of Marriott Vacations Worldwide by 194.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,035 shares of the company's stock valued at $69,000 after acquiring an additional 683 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new position in Marriott Vacations Worldwide during the third quarter valued at $267,000. Caitong International Asset Management Co. Ltd boosted its holdings in Marriott Vacations Worldwide by 39,966.7% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,202 shares of the company's stock valued at $80,000 after purchasing an additional 1,199 shares during the last quarter. Advisory Services Network LLC purchased a new stake in Marriott Vacations Worldwide in the third quarter valued at $27,000. Finally, CANADA LIFE ASSURANCE Co grew its position in Marriott Vacations Worldwide by 5.2% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 26,785 shares of the company's stock worth $1,855,000 after purchasing an additional 1,323 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.
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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