Marriott Vacations Worldwide (NYSE:VAC) Insider Michael Flaskey Buys 14,862 Shares

Marriott Vacations Worldwide Corporation (NYSE:VAC) insider Michael Flaskey acquired 14,862 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was purchased at an average price of $67.26 per share, for a total transaction of $999,618.12. Following the completion of the transaction, the insider owned 14,862 shares in the company, valued at $999,618.12. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Marriott Vacations Worldwide Trading Down 3.1%

Shares of NYSE:VAC traded down $2.14 during midday trading on Tuesday, reaching $66.58. The company had a trading volume of 713,902 shares, compared to its average volume of 644,009. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of -7.18, a price-to-earnings-growth ratio of 1.84 and a beta of 1.24. Marriott Vacations Worldwide Corporation has a 1-year low of $44.58 and a 1-year high of $86.33. The company has a debt-to-equity ratio of 2.85, a quick ratio of 2.94 and a current ratio of 3.48. The company has a fifty day simple moving average of $59.59 and a two-hundred day simple moving average of $62.60.

Marriott Vacations Worldwide (NYSE:VAC) last posted its earnings results on Wednesday, February 25th. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.14. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. Marriott Vacations Worldwide had a positive return on equity of 11.77% and a negative net margin of 6.12%.The company’s revenue for the quarter was down .3% on a year-over-year basis. During the same period in the previous year, the company earned $1.86 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. Research analysts predict that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be issued a $0.80 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $3.20 annualized dividend and a yield of 4.8%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is -34.52%.

Analyst Upgrades and Downgrades

Several research firms have commented on VAC. Weiss Ratings upgraded shares of Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, March 3rd. Stifel Nicolaus raised their price objective on Marriott Vacations Worldwide from $77.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Zacks Research raised shares of Marriott Vacations Worldwide from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 18th. Wells Fargo & Company raised their target price on Marriott Vacations Worldwide from $46.00 to $58.00 and gave the stock an “underweight” rating in a research report on Friday, February 27th. Finally, Mizuho raised shares of Marriott Vacations Worldwide from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $58.00 to $104.00 in a research note on Thursday, March 5th. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Marriott Vacations Worldwide has a consensus rating of “Hold” and an average price target of $73.67.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in VAC. Pinnacle Bancorp Inc. purchased a new position in Marriott Vacations Worldwide in the 3rd quarter worth about $25,000. Advisory Services Network LLC purchased a new stake in Marriott Vacations Worldwide during the third quarter valued at $27,000. Assetmark Inc. grew its stake in shares of Marriott Vacations Worldwide by 90.6% during the 2nd quarter. Assetmark Inc. now owns 427 shares of the company’s stock valued at $31,000 after purchasing an additional 203 shares during the period. IFP Advisors Inc boosted its stake 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 during the last quarter. Finally, Allworth Financial LP increased its stake in shares of Marriott Vacations Worldwide by 79.8% in the 2nd quarter. Allworth Financial LP now owns 473 shares of the company’s stock worth $34,000 after purchasing an additional 210 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

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.