Handelsbanken Fonder AB Grows Position in Marriott Vacations Worldwide Corporation $VAC

Handelsbanken Fonder AB raised its stake in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) by 231.3% during the second quarter, HoldingsChannel reports. The firm owned 13,177 shares of the company’s stock after purchasing an additional 9,200 shares during the quarter. Handelsbanken Fonder AB’s holdings in Marriott Vacations Worldwide were worth $1,342,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Marriott Vacations Worldwide by 7.4% during the fourth quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company’s stock worth $195,730,000 after buying an additional 234,105 shares during the period. Ananym Capital Management LP lifted its position in Marriott Vacations Worldwide by 0.4% during the 4th quarter. Ananym Capital Management LP now owns 736,947 shares of the company’s stock worth $42,514,000 after acquiring an additional 3,200 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in Marriott Vacations Worldwide by 11.0% during the 3rd 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 last quarter. Deprince Race & Zollo Inc. grew its stake in Marriott Vacations Worldwide by 5.4% during the 1st quarter. Deprince Race & Zollo Inc. now owns 524,247 shares of the company’s stock valued at $34,139,000 after purchasing an additional 26,824 shares during the last quarter. Finally, Quantinno Capital Management LP increased its holdings in shares of Marriott Vacations Worldwide by 12.3% in the first quarter. Quantinno Capital Management LP now owns 474,037 shares of the company’s stock valued at $30,869,000 after purchasing an additional 52,007 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Morgan Stanley restated an “underweight” rating and issued a $65.00 price objective on shares of Marriott Vacations Worldwide in a research note on Tuesday. Barclays increased their price target on shares of Marriott Vacations Worldwide from $94.00 to $140.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Zacks Research upgraded shares of Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Wall Street Zen raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Susquehanna began coverage on shares of Marriott Vacations Worldwide in a research note on Tuesday. They issued a “neutral” rating and a $110.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Marriott Vacations Worldwide currently has a consensus rating of “Hold” and a consensus target price of $101.45.

Marriott Vacations Worldwide Stock Down 3.5%

Shares of VAC opened at $115.30 on Wednesday. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of -11.84, a PEG ratio of 2.26 and a beta of 1.23. Marriott Vacations Worldwide Corporation has a 52 week low of $44.58 and a 52 week high of $131.34. The stock’s 50-day moving average price is $101.74 and its 200-day moving average price is $80.63. 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 announced its quarterly earnings results on Thursday, August 6th. The company reported $2.31 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.34. Marriott Vacations Worldwide had a positive return on equity of 12.27% and a negative net margin of 6.47%.The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same period last year, the business earned $1.96 earnings per share. Marriott Vacations Worldwide’s quarterly revenue 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. On average, sell-side analysts predict that Marriott Vacations Worldwide Corporation will post 8.88 EPS for the current year.

Insider Activity at Marriott Vacations Worldwide

In other news, insider Kathleen A. Pighini sold 2,500 shares of Marriott Vacations Worldwide stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $120.00, for a total transaction of $300,000.00. Following the completion of the transaction, the insider directly owned 10,821 shares of the company’s stock, valued at $1,298,520. The trade was a 18.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 13.30% of the stock is owned by insiders.

Marriott Vacations Worldwide Company Profile

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.