Marriott Vacations Worldwide (NYSE:VAC) Director Christian Asmar Sells 750,000 Shares of Stock

Marriott Vacations Worldwide Corporation (NYSE:VAC) Director Christian Asmar sold 750,000 shares of the 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 owned 3,380,818 shares in the company, valued at approximately $376,927,398.82. The trade was a 18.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Marriott Vacations Worldwide Trading Down 5.1%

Marriott Vacations Worldwide stock traded down $5.92 during trading on Thursday, reaching $110.08. The company had a trading volume of 840,714 shares, compared to its average volume of 545,652. Marriott Vacations Worldwide Corporation has a 12-month low of $44.58 and a 12-month high of $131.34. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.99 and a current ratio of 3.56. The stock’s 50 day moving average price is $102.29 and its two-hundred day moving average price is $81.05. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of -11.30, a PEG ratio of 2.15 and a beta of 1.23.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings results on Thursday, August 6th. The company reported $2.31 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.34. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.30 billion. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. Marriott Vacations Worldwide’s revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.96 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. As a group, equities analysts expect that Marriott Vacations Worldwide Corporation will post 8.88 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on VAC shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $134.00 price target on shares of Marriott Vacations Worldwide in a research note on Wednesday, August 12th. Wells Fargo & Company lifted their price objective on Marriott Vacations Worldwide from $68.00 to $101.00 and gave the company an “underweight” rating in a research note on Friday, August 7th. Mizuho set a $103.00 target price on shares of Marriott Vacations Worldwide in a research report on Wednesday, May 6th. Morgan Stanley restated an “underweight” rating and issued a $65.00 price target on shares of Marriott Vacations Worldwide in a report on Tuesday. Finally, Susquehanna began coverage on shares of Marriott Vacations Worldwide in a research report on Tuesday. They set a “neutral” rating and a $110.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $101.45.

Institutional Investors Weigh In On Marriott Vacations Worldwide

Several hedge funds have recently modified their holdings of the stock. Ancora Advisors LLC grew its position in Marriott Vacations Worldwide by 33.1% in the second quarter. Ancora Advisors LLC now owns 157,072 shares of the company’s stock valued at $16,002,000 after acquiring an additional 39,073 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Marriott Vacations Worldwide by 181.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 698 shares of the company’s stock worth $71,000 after buying an additional 450 shares during the period. Penn Capital Management Company LLC acquired a new position in Marriott Vacations Worldwide in the 2nd quarter worth $16,611,000. Empowered Funds LLC acquired a new position in Marriott Vacations Worldwide in the 2nd quarter worth $14,325,000. Finally, Public Employees Retirement System of Ohio purchased a new position in Marriott Vacations Worldwide in the 2nd quarter valued at about $8,269,000. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

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.