Legal & General Group Plc Acquires 28,613 Shares of Marriott Vacations Worldwide Corporation $VAC

Legal & General Group Plc grew its holdings in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) by 63.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,939 shares of the company’s stock after buying an additional 28,613 shares during the quarter. Legal & General Group Plc owned approximately 0.21% of Marriott Vacations Worldwide worth $4,266,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Marriott Vacations Worldwide by 7.4% during the 4th 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 in the last quarter. Dimensional Fund Advisors LP lifted its position in Marriott Vacations Worldwide by 2.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,950,309 shares of the company’s stock worth $129,820,000 after buying an additional 54,285 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position 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 worth $46,967,000 after buying an additional 69,652 shares in the last quarter. Deprince Race & Zollo Inc. lifted its position in Marriott Vacations Worldwide by 15.8% during the 4th quarter. Deprince Race & Zollo Inc. now owns 497,423 shares of the company’s stock worth $28,696,000 after buying an additional 67,784 shares in the last quarter. Finally, Capital World Investors bought a new stake in Marriott Vacations Worldwide during the 3rd quarter worth about $226,000. 89.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

VAC has been the topic of several analyst reports. Stifel Nicolaus boosted their price target on shares of Marriott Vacations Worldwide from $77.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Zacks Research lowered shares of Marriott Vacations Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $92.00 price objective on shares of Marriott Vacations Worldwide in a research note on Thursday, April 30th. Wall Street Zen upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Finally, Mizuho set a $103.00 price objective on shares of Marriott Vacations Worldwide in a research note on Wednesday, May 6th. Seven research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $83.70.

Marriott Vacations Worldwide Stock Down 0.3%

Shares of VAC opened at $89.20 on Tuesday. Marriott Vacations Worldwide Corporation has a 52 week low of $44.58 and a 52 week high of $91.61. The firm has a market cap of $3.06 billion, a P/E ratio of -8.84, a price-to-earnings-growth ratio of 2.04 and a beta of 1.25. The firm’s 50-day simple moving average is $74.34 and its 200 day simple moving average is $64.76. The company has a debt-to-equity ratio of 2.80, a quick ratio of 2.77 and a current ratio of 3.30.

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 negative net margin of 6.72% and a positive return on equity of 11.37%. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same quarter last year, the company posted $1.66 EPS. The firm’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. On average, analysts forecast that Marriott Vacations Worldwide Corporation will post 7.26 earnings per share for the current year.

Marriott Vacations Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be paid a $0.80 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $3.20 dividend on an annualized basis and a yield of 3.6%. Marriott Vacations Worldwide’s dividend payout ratio is -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.