SG Americas Securities LLC Has $2.42 Million Holdings in Marriott Vacations Worldwide Corporation $VAC

SG Americas Securities LLC boosted its stake in Marriott Vacations Worldwide Corporation (NYSE:VAC) by 142.7% in the first quarter, HoldingsChannel reports. The firm owned 37,185 shares of the company’s stock after acquiring an additional 21,861 shares during the period. SG Americas Securities LLC’s holdings in Marriott Vacations Worldwide were worth $2,421,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Advisory Services Network LLC bought a new position in Marriott Vacations Worldwide during the third quarter worth about $27,000. IFP Advisors Inc increased its stake in shares of Marriott Vacations Worldwide by 1,828.0% in the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock valued at $32,000 after acquiring an additional 457 shares during the last quarter. Leonteq Securities AG acquired a new stake in shares of Marriott Vacations Worldwide in the 4th quarter valued at approximately $35,000. Kestra Advisory Services LLC acquired a new stake in shares of Marriott Vacations Worldwide in the 4th quarter valued at approximately $37,000. Finally, Rockefeller Capital Management L.P. boosted its stake in Marriott Vacations Worldwide by 51.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,085 shares of the company’s stock worth $63,000 after acquiring an additional 367 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Marriott Vacations Worldwide Price Performance

Shares of NYSE VAC opened at $99.86 on Thursday. The company has a fifty day moving average price of $83.91 and a 200 day moving average price of $69.91. The firm has a market cap of $3.43 billion, a PE ratio of -9.90, a PEG ratio of 2.31 and a beta of 1.21. The company has a current ratio of 3.30, a quick ratio of 2.77 and a debt-to-equity ratio of 2.80. Marriott Vacations Worldwide Corporation has a 1-year low of $44.58 and a 1-year high of $105.97.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($0.43). The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.20 billion. Marriott Vacations Worldwide had a negative net margin of 6.72% and a positive return on equity of 11.37%. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.66 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 7.31 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th were given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Wednesday, May 27th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is currently -31.71%.

Analyst Ratings Changes

VAC has been the subject of a number of analyst reports. Mizuho set a $103.00 price objective on shares of Marriott Vacations Worldwide in a report on Wednesday, May 6th. Morgan Stanley lifted their price target on shares of Marriott Vacations Worldwide from $50.00 to $51.00 and gave the stock an “underweight” rating in a research report on Tuesday, May 12th. Weiss Ratings reissued a “sell (d)” rating on shares of Marriott Vacations Worldwide in a report on Friday, June 12th. The Goldman Sachs Group raised Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 price objective on the stock in a research note on Monday, June 1st. Finally, Wells Fargo & Company lifted their target price on Marriott Vacations Worldwide from $58.00 to $66.00 and gave the stock an “underweight” rating in a report on Thursday, May 7th. Seven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $86.40.

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.