Key Points
- Director Jonice Gray bought 1,100 shares of Marriott Vacations Worldwide (NYSE:VAC) on Nov. 25 at an average price of $54.47, spending $59,917 and increasing her stake to 13,205 shares (a 9.09% rise) valued at about $719,276.
- Marriott Vacations reported quarterly EPS of $1.69 (beat by $0.05) while revenue fell 3.2% year-over-year to $1.26 billion, and the company set FY2025 guidance of $6.70–$7.10 EPS versus analyst expectations of roughly $6.23.
- The stock pays a quarterly dividend of $0.79 (annualized $3.16) for a yield of about 5.8% with a payout ratio near 70.85%, and analyst coverage is mixed with a consensus "Hold" and a $63.38 target (four Buys, one Hold, four Sells).
Marriott Vacations Worldwide Corporation (NYSE:VAC - Get Free Report) Director Jonice Gray bought 1,100 shares of the firm's stock in a transaction that occurred on Tuesday, November 25th. The stock was purchased at an average cost of $54.47 per share, with a total value of $59,917.00. Following the completion of the purchase, the director directly owned 13,205 shares of the company's stock, valued at $719,276.35. This represents a 9.09% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Marriott Vacations Worldwide Stock Performance
NYSE VAC opened at $54.66 on Wednesday. The firm has a market capitalization of $1.89 billion, a P/E ratio of 12.26, a price-to-earnings-growth ratio of 1.15 and a beta of 1.50. The company has a current ratio of 3.87, a quick ratio of 3.22 and a debt-to-equity ratio of 2.29. The firm's fifty day moving average price is $62.98 and its two-hundred day moving average price is $70.30. Marriott Vacations Worldwide Corporation has a 1 year low of $44.58 and a 1 year high of $99.42.
Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $1.69 EPS for the quarter, beating analysts' consensus estimates of $1.64 by $0.05. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.31 billion. Marriott Vacations Worldwide had a net margin of 3.44% and a return on equity of 11.44%. The company's quarterly revenue was down 3.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.80 EPS. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.700-7.100 EPS. As a group, research analysts anticipate that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current year.
Marriott Vacations Worldwide Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Wednesday, September 17th were paid a $0.79 dividend. The ex-dividend date was Wednesday, September 17th. This represents a $3.16 annualized dividend and a yield of 5.8%. Marriott Vacations Worldwide's dividend payout ratio is currently 70.85%.
Analyst Upgrades and Downgrades
VAC has been the subject of several research analyst reports. Weiss Ratings reiterated a "sell (d+)" rating on shares of Marriott Vacations Worldwide in a research note on Wednesday, November 19th. Morgan Stanley set a $70.00 price objective on shares of Marriott Vacations Worldwide in a research report on Wednesday, October 22nd. Stifel Nicolaus set a $83.00 target price on Marriott Vacations Worldwide in a research report on Thursday, November 6th. Wells Fargo & Company initiated coverage on Marriott Vacations Worldwide in a report on Tuesday, November 18th. They set an "underweight" rating and a $37.00 price target for the company. Finally, The Goldman Sachs Group reduced their price target on Marriott Vacations Worldwide from $63.00 to $54.00 and set a "sell" rating for the company in a research note on Tuesday, November 11th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $63.38.
Check Out Our Latest Stock Analysis on Marriott Vacations Worldwide
Hedge Funds Weigh In On Marriott Vacations Worldwide
A number of hedge funds have recently added to or reduced their stakes in VAC. Ameritas Advisory Services LLC bought a new stake in shares of Marriott Vacations Worldwide during the 2nd quarter valued at $25,000. Pinnacle Bancorp Inc. acquired a new position in Marriott Vacations Worldwide in the third quarter valued at about $25,000. Hantz Financial Services Inc. raised its stake in Marriott Vacations Worldwide by 627.8% in the second quarter. Hantz Financial Services Inc. now owns 393 shares of the company's stock valued at $28,000 after purchasing an additional 339 shares in the last quarter. Advisory Services Network LLC bought a new stake in Marriott Vacations Worldwide during the third quarter worth about $27,000. Finally, Assetmark Inc. grew its stake in Marriott Vacations Worldwide by 90.6% during the second quarter. Assetmark Inc. now owns 427 shares of the company's stock worth $31,000 after buying an additional 203 shares in the last quarter. Institutional investors own 89.52% of the company's stock.
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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