Denali Advisors LLC Acquires Shares of 12,300 Marriott Vacations Worldwide Corporation $VAC

Denali Advisors LLC acquired a new position in Marriott Vacations Worldwide Corporation (NYSE:VAC) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 12,300 shares of the company’s stock, valued at approximately $710,000.

Several other hedge funds have also modified their holdings of VAC. Vanguard Group Inc. grew its position in shares of Marriott Vacations Worldwide by 7.4% during the 4th quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company’s stock valued at $195,730,000 after acquiring an additional 234,105 shares during the period. Dimensional Fund Advisors LP boosted its position in Marriott Vacations Worldwide by 2.9% during the third quarter. Dimensional Fund Advisors LP now owns 1,950,309 shares of the company’s stock worth $129,820,000 after purchasing an additional 54,285 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Marriott Vacations Worldwide by 11.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 705,629 shares of the company’s stock valued at $46,967,000 after purchasing an additional 69,652 shares during the period. Deprince Race & Zollo Inc. grew its holdings in Marriott Vacations Worldwide by 15.8% in the fourth quarter. Deprince Race & Zollo Inc. now owns 497,423 shares of the company’s stock valued at $28,696,000 after purchasing an additional 67,784 shares during the period. Finally, Capital World Investors purchased a new stake in shares of Marriott Vacations Worldwide in the third quarter valued at approximately $226,000. 89.52% of the stock is owned by hedge funds and other institutional investors.

Marriott Vacations Worldwide Trading Down 0.2%

Shares of VAC opened at $76.98 on Friday. Marriott Vacations Worldwide Corporation has a 52-week low of $44.58 and a 52-week high of $86.33. The stock has a market cap of $2.64 billion, a PE ratio of -7.63, a price-to-earnings-growth ratio of 1.79 and a beta of 1.20. The firm’s fifty day moving average is $69.35 and its two-hundred day moving average is $61.70. The company has a quick ratio of 2.94, a current ratio of 3.30 and a debt-to-equity ratio of 2.80.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($0.43). Marriott Vacations Worldwide had a positive return on equity of 11.37% and a negative net margin of 6.72%.The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the prior year, the business posted $1.66 earnings per share. The business’s quarterly revenue was up 4.8% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. Research analysts forecast that Marriott Vacations Worldwide Corporation will post 7.47 earnings per share 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 dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Wednesday, March 4th. Marriott Vacations Worldwide’s payout ratio is currently -31.71%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Stifel Nicolaus increased their target price on Marriott Vacations Worldwide from $77.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $92.00 price objective on shares of Marriott Vacations Worldwide in a research report on Thursday, April 30th. Wells Fargo & Company lifted their target price on shares of Marriott Vacations Worldwide from $58.00 to $66.00 and gave the company an “underweight” rating in a research report on Thursday. Weiss Ratings cut shares of Marriott Vacations Worldwide from a “hold (c-)” rating to a “sell (d)” rating in a research note on Tuesday, March 17th. Finally, Wall Street Zen upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, Marriott Vacations Worldwide has a consensus rating of “Hold” and a consensus price target of $80.60.

Insider Activity

In related news, insider Michael Flaskey purchased 14,862 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was acquired at an average cost of $67.26 per share, for a total transaction of $999,618.12. Following the completion of the transaction, the insider directly owned 14,862 shares of the company’s stock, valued at approximately $999,618.12. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 13.30% of the stock is owned by company insiders.

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.