Financial Advisory Partners LLC Buys New Stake in Marriott Vacations Worldwide Corporation $VAC

Financial Advisory Partners LLC purchased a new stake in Marriott Vacations Worldwide Corporation (NYSE:VACFree Report) during the second quarter, HoldingsChannel.com reports. The fund purchased 7,444 shares of the company’s stock, valued at approximately $758,000.

A number of other institutional investors also recently bought and sold shares of the business. Advisory Services Network LLC acquired a new position in shares of Marriott Vacations Worldwide during the 3rd quarter worth about $27,000. IFP Advisors Inc raised 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 acquiring an additional 457 shares in the last quarter. Leonteq Securities AG acquired a new stake in shares of Marriott Vacations Worldwide during the 4th quarter worth about $35,000. Kestra Advisory Services LLC acquired a new stake in shares of Marriott Vacations Worldwide during the 4th quarter worth about $37,000. Finally, International Assets Investment Management LLC lifted its stake in Marriott Vacations Worldwide by 877.2% during the first quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock worth $38,000 after purchasing an additional 500 shares during the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Marriott Vacations Worldwide Stock Up 3.1%

Marriott Vacations Worldwide stock opened at $118.47 on Thursday. The company has a market capitalization of $4.07 billion, a P/E ratio of -12.16, a PEG ratio of 2.14 and a beta of 1.23. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.99 and a current ratio of 3.56. Marriott Vacations Worldwide Corporation has a fifty-two week low of $44.58 and a fifty-two week high of $131.34. The stock has a 50-day simple moving average of $99.31 and a 200-day simple moving average of $78.84.

Marriott Vacations Worldwide (NYSE:VACGet Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $2.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.97 by $0.34. The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.30 billion. Marriott Vacations Worldwide had a positive return on equity of 12.27% and a negative net margin of 6.47%.The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.96 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. Equities research analysts expect that Marriott Vacations Worldwide Corporation will post 8.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on VAC. Mizuho set a $103.00 price target on Marriott Vacations Worldwide in a report on Wednesday, May 6th. The Goldman Sachs Group reissued a “buy” rating and set a $132.00 price objective on shares of Marriott Vacations Worldwide in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $134.00 price objective on shares of Marriott Vacations Worldwide in a research report on Wednesday. Wells Fargo & Company upped their target price on shares of Marriott Vacations Worldwide from $68.00 to $101.00 and gave the company an “underweight” rating in a report on Friday, August 7th. Finally, Morgan Stanley increased their target price on shares of Marriott Vacations Worldwide from $51.00 to $52.00 and gave the company an “underweight” rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $99.30.

Read Our Latest Report on VAC

Marriott Vacations Worldwide Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding VAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marriott Vacations Worldwide Corporation (NYSE:VACFree Report).

Institutional Ownership by Quarter for Marriott Vacations Worldwide (NYSE:VAC)

Receive News & Ratings for Marriott Vacations Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott Vacations Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.