M&T Bank Corp Makes New Investment in Marriott Vacations Worldwide Corporation $VAC

M&T Bank Corp bought a new position in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 11,579 shares of the company’s stock, valued at approximately $668,000.

Other hedge funds also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. acquired a new stake in Marriott Vacations Worldwide during the 3rd quarter worth approximately $25,000. Advisory Services Network LLC purchased a new stake in shares of Marriott Vacations Worldwide in the 3rd quarter valued at approximately $27,000. IFP Advisors Inc increased its position in shares of Marriott Vacations Worldwide by 1,828.0% in the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock valued at $32,000 after purchasing an additional 457 shares during the last quarter. Blue Trust Inc. increased its position in shares of Marriott Vacations Worldwide by 37.1% in the 3rd quarter. Blue Trust Inc. now owns 950 shares of the company’s stock valued at $63,000 after purchasing an additional 257 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its position in shares of Marriott Vacations Worldwide by 155.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,002 shares of the company’s stock valued at $67,000 after purchasing an additional 609 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Michael Flaskey bought 14,862 shares of the stock in a transaction dated Tuesday, March 10th. The stock was acquired at an average price of $67.26 per share, for a total transaction of $999,618.12. Following the acquisition, the insider owned 14,862 shares in the company, valued at approximately $999,618.12. This represents a ? increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 13.30% of the company’s stock.

Marriott Vacations Worldwide Trading Up 1.0%

Shares of Marriott Vacations Worldwide stock opened at $72.70 on Friday. The company has a fifty day simple moving average of $68.17 and a 200-day simple moving average of $61.55. Marriott Vacations Worldwide Corporation has a 12-month low of $44.58 and a 12-month high of $86.33. The company has a current ratio of 3.48, a quick ratio of 2.94 and a debt-to-equity ratio of 2.85. The stock has a market cap of $2.49 billion, a price-to-earnings ratio of -7.84, a PEG ratio of 1.71 and a beta of 1.20.

Marriott Vacations Worldwide (NYSE:VAC) last issued its earnings results on Wednesday, February 25th. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.14. Marriott Vacations Worldwide had a negative net margin of 6.12% and a positive return on equity of 11.77%. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the prior year, the business posted $1.86 EPS. The company’s revenue for the quarter was down .3% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, equities analysts forecast that Marriott Vacations Worldwide Corporation will post 7.31 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were issued a $0.80 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $3.20 annualized dividend and a dividend yield of 4.4%. Marriott Vacations Worldwide’s dividend payout ratio is presently -34.52%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Stifel Nicolaus increased their price objective on shares of Marriott Vacations Worldwide from $77.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Citizens Jmp downgraded shares of Marriott Vacations Worldwide from an “outperform” rating to a “market perform” rating in a research report on Monday, March 9th. Morgan Stanley dropped their price objective on shares of Marriott Vacations Worldwide from $52.00 to $50.00 and set an “underweight” rating on the stock in a research report on Friday, April 10th. Wells Fargo & Company increased their price objective on shares of Marriott Vacations Worldwide from $46.00 to $58.00 and gave the company an “underweight” rating in a research report on Friday, February 27th. Finally, Wall Street Zen raised shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $75.30.

About Marriott Vacations Worldwide

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.