Senvest Management LLC Lowers Stake in Marriott Vacations Worldwide Corporation $VAC

Senvest Management LLC reduced its stake in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) by 3.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,151,975 shares of the company’s stock after selling 36,512 shares during the period. Marriott Vacations Worldwide makes up 2.5% of Senvest Management LLC’s investment portfolio, making the stock its 14th biggest position. Senvest Management LLC’s holdings in Marriott Vacations Worldwide were worth $75,017,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VAC. Goldman Sachs Group Inc. raised its position in Marriott Vacations Worldwide by 18.2% during the first quarter. Goldman Sachs Group Inc. now owns 140,662 shares of the company’s stock valued at $9,036,000 after purchasing an additional 21,623 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Marriott Vacations Worldwide by 147.9% in the 1st quarter. Empowered Funds LLC now owns 8,487 shares of the company’s stock worth $545,000 after purchasing an additional 5,064 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Marriott Vacations Worldwide by 4.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 100,636 shares of the company’s stock valued at $6,465,000 after purchasing an additional 4,497 shares during the last quarter. Invesco Ltd. lifted its position in Marriott Vacations Worldwide by 102.9% in the 2nd quarter. Invesco Ltd. now owns 212,199 shares of the company’s stock worth $15,344,000 after buying an additional 107,598 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in Marriott Vacations Worldwide by 22.7% in the 2nd quarter. First Trust Advisors LP now owns 121,820 shares of the company’s stock worth $8,809,000 after buying an additional 22,506 shares during the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

VAC has been the topic of a number of recent research reports. Barclays increased their price target on shares of Marriott Vacations Worldwide from $80.00 to $94.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Marriott Vacations Worldwide from $92.00 to $119.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. The Goldman Sachs Group raised shares of Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 price objective for the company in a research note on Monday, June 1st. Wells Fargo & Company increased their target price on shares of Marriott Vacations Worldwide from $66.00 to $68.00 and gave the company an “underweight” rating in a report on Tuesday, July 14th. Finally, Mizuho set a $103.00 target price on shares of Marriott Vacations Worldwide in a research report on Wednesday, May 6th. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have issued 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 $86.70.

Marriott Vacations Worldwide Trading Up 0.7%

Shares of VAC stock opened at $94.47 on Friday. The business has a 50-day moving average of $92.29 and a 200 day moving average of $74.56. The company has a debt-to-equity ratio of 2.80, a current ratio of 3.30 and a quick ratio of 2.77. Marriott Vacations Worldwide Corporation has a 1-year low of $44.58 and a 1-year high of $105.97. The stock has a market capitalization of $3.24 billion, a PE ratio of -9.36, a P/E/G ratio of 2.12 and a beta of 1.22.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.24 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same period last year, the firm earned $1.66 earnings per share. Marriott Vacations Worldwide’s revenue for the quarter 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. As a group, sell-side analysts anticipate that Marriott Vacations Worldwide Corporation will post 7.32 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Wednesday, May 27th. Marriott Vacations Worldwide’s payout ratio is presently -31.71%.

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.