Marriott Vacations Worldwide (NYSE:VAC) Trading Down 5.6% – Here’s Why

Marriott Vacations Worldwide Corporation (NYSE:VAC)’s stock price traded down 5.6% on Tuesday . The stock traded as low as $97.60 and last traded at $97.2830. Approximately 434,719 shares changed hands during trading, a decline of 20% from the average daily volume of 540,473 shares. The stock had previously closed at $103.03.

Analyst Ratings Changes

VAC has been the topic of a number of research analyst reports. Wall Street Zen upgraded shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Zacks Research raised shares of Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $134.00 target price on shares of Marriott Vacations Worldwide in a research note on Wednesday, August 12th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $132.00 target price on shares of Marriott Vacations Worldwide in a research report on Friday, August 7th. Finally, Weiss Ratings raised shares of Marriott Vacations Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Marriott Vacations Worldwide has a consensus rating of “Hold” and a consensus price target of $106.27.

Marriott Vacations Worldwide Trading Down 5.8%

The stock’s 50 day moving average is $105.90 and its two-hundred day moving average is $88.81. The company has a market capitalization of $3.34 billion, a PE ratio of -9.97, a price-to-earnings-growth ratio of 1.96 and a beta of 1.24. The company has a quick ratio of 2.99, a current ratio of 3.56 and a debt-to-equity ratio of 2.65.

Marriott Vacations Worldwide (NYSE:VAC) last posted its earnings results on Thursday, August 6th. The company reported $2.31 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.34. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter last year, the firm posted $1.96 EPS. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. As a group, sell-side analysts predict that Marriott Vacations Worldwide Corporation will post 8.7 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 16th. Marriott Vacations Worldwide’s dividend payout ratio is presently -32.85%.

Insider Buying and Selling at Marriott Vacations Worldwide

In related news, Director Christian Asmar sold 750,000 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $111.49, for a total transaction of $83,617,500.00. Following the transaction, the director directly owned 3,380,818 shares of the company’s stock, valued at $376,927,398.82. This represents a 18.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Kathleen A. Pighini sold 2,500 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $120.00, for a total value of $300,000.00. Following the completion of the transaction, the insider owned 10,821 shares of the company’s stock, valued at $1,298,520. This trade represents a 18.77% decrease in their position. The disclosure for this sale is available in the SEC filing. 13.30% of the stock is owned by insiders.

Institutional Trading of Marriott Vacations Worldwide

Hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp purchased a new position in shares of Marriott Vacations Worldwide during the second quarter worth about $17,975,000. Penn Capital Management Company LLC purchased a new position in Marriott Vacations Worldwide during the second quarter worth about $16,611,000. Ancora Advisors LLC purchased a new stake in shares of Marriott Vacations Worldwide in the second quarter valued at approximately $16,002,000. Bamco Inc. NY purchased a new position in shares of Marriott Vacations Worldwide in the 2nd quarter valued at about $14,751,000. Finally, Empowered Funds LLC acquired a new stake in shares of Marriott Vacations Worldwide during the 2nd quarter valued at approximately $14,325,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation (NYSE: VAC) is a vacation ownership and leisure travel company. It develops, markets, sells, and manages vacation ownership interests, including timeshare and related membership products, that provide customers with access to resort accommodations and vacation experiences.

The company operates a portfolio of vacation ownership brands that includes Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Grand Residences by Marriott, and Hyatt Vacation Club.