Short Interest in Marriott Vacations Worldwide Corporation (NYSE:VAC) Drops By 14.4%

Marriott Vacations Worldwide Corporation (NYSE:VAC) was the recipient of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 2,557,253 shares, a drop of 14.4% from the January 29th total of 2,988,127 shares. Based on an average daily trading volume, of 491,530 shares, the short-interest ratio is currently 5.2 days. Approximately 7.5% of the shares of the company are sold short. Approximately 7.5% of the shares of the company are sold short. Based on an average daily trading volume, of 491,530 shares, the short-interest ratio is currently 5.2 days.

Institutional Investors Weigh In On Marriott Vacations Worldwide

A number of institutional investors have recently modified their holdings of VAC. Norges Bank acquired a new position in shares of Marriott Vacations Worldwide in the second quarter worth $27,971,000. Senvest Management LLC grew its stake in Marriott Vacations Worldwide by 19.4% in the second quarter. Senvest Management LLC now owns 1,816,012 shares of the company’s stock valued at $131,316,000 after purchasing an additional 294,937 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Marriott Vacations Worldwide by 71.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 635,977 shares of the company’s stock valued at $45,987,000 after purchasing an additional 265,278 shares in the last quarter. Capital World Investors acquired a new position in Marriott Vacations Worldwide in the 3rd quarter worth about $226,000. Finally, Vanguard Group Inc. raised its stake in shares of 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 purchasing an additional 234,105 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Marriott Vacations Worldwide Price Performance

NYSE:VAC traded up $0.99 during trading hours on Wednesday, reaching $68.93. 404,376 shares of the company’s stock were exchanged, compared to its average volume of 623,560. The company has a quick ratio of 2.94, a current ratio of 3.48 and a debt-to-equity ratio of 2.85. The company has a market capitalization of $2.39 billion, a P/E ratio of -7.44, a price-to-earnings-growth ratio of 1.47 and a beta of 1.24. Marriott Vacations Worldwide has a 12 month low of $44.58 and a 12 month high of $86.33. The business’s 50-day simple moving average is $58.65 and its two-hundred day simple moving average is $62.72.

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

Marriott Vacations Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 4.6%. The ex-dividend date is Wednesday, March 4th. Marriott Vacations Worldwide’s payout ratio is presently -34.52%.

Analyst Ratings Changes

Several research firms have recently commented on VAC. Stifel Nicolaus upped 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. Truist Financial reduced their price target on Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Wall Street Zen raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. The Goldman Sachs Group reduced their price objective on shares of Marriott Vacations Worldwide from $63.00 to $54.00 and set a “sell” rating for the company in a report on Tuesday, November 11th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Marriott Vacations Worldwide in a research note on Monday, December 29th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $68.56.

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.