Marriott Vacations Worldwide (NYSE:VAC) Insider Michael Flaskey Acquires 14,862 Shares

Marriott Vacations Worldwide Corporation (NYSE:VAC) insider Michael Flaskey acquired 14,862 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was purchased at an average price of $67.26 per share, for a total transaction of $999,618.12. Following the acquisition, the insider directly owned 14,862 shares in the company, valued at $999,618.12. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Marriott Vacations Worldwide Stock Down 3.1%

Shares of NYSE VAC opened at $66.58 on Wednesday. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of -7.18, a PEG ratio of 1.79 and a beta of 1.24. Marriott Vacations Worldwide Corporation has a 1 year low of $44.58 and a 1 year high of $86.33. The company has a debt-to-equity ratio of 2.85, a quick ratio of 2.94 and a current ratio of 3.48. The stock’s 50-day simple moving average is $59.75 and its 200-day simple moving average is $62.51.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.14. Marriott Vacations Worldwide had a positive return on equity of 11.77% and a negative net margin of 6.12%.The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter last year, the firm earned $1.86 EPS. Marriott Vacations Worldwide’s quarterly revenue was down .3% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, equities analysts anticipate that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be given a $0.80 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $3.20 annualized dividend and a dividend yield of 4.8%. Marriott Vacations Worldwide’s payout ratio is presently -34.52%.

Analysts Set New Price Targets

VAC has been the subject of a number of research reports. Truist Financial decreased their price target on Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating for the company in a research note on Friday, November 14th. Weiss Ratings upgraded Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, March 3rd. Mizuho upgraded Marriott Vacations Worldwide from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $58.00 to $104.00 in a research note on Thursday, March 5th. Wall Street Zen raised shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Finally, Jefferies Financial Group raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and increased their target price for the stock from $52.00 to $105.00 in a report on Monday, March 2nd. Five investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $73.67.

Institutional Trading of Marriott Vacations Worldwide

Several hedge funds have recently made changes to their positions in the stock. Pinnacle Bancorp Inc. acquired a new position in Marriott Vacations Worldwide during the 3rd quarter valued at approximately $25,000. Advisory Services Network LLC acquired a new stake in Marriott Vacations Worldwide in the third quarter worth $27,000. Assetmark Inc. lifted its stake in Marriott Vacations Worldwide by 90.6% in the second quarter. Assetmark Inc. now owns 427 shares of the company’s stock valued at $31,000 after buying an additional 203 shares during the last quarter. IFP Advisors Inc increased its holdings 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 worth $32,000 after acquiring an additional 457 shares during the period. Finally, Allworth Financial LP increased its stake in shares of Marriott Vacations Worldwide by 79.8% in the second quarter. Allworth Financial LP now owns 473 shares of the company’s stock valued at $34,000 after purchasing an additional 210 shares during the period. Institutional investors own 89.52% of the company’s stock.

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.