Pallas Capital Advisors LLC Invests $2.81 Million in Marriott Vacations Worldwide Corporation $VAC

Pallas Capital Advisors LLC acquired a new position in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 27,597 shares of the company’s stock, valued at approximately $2,812,000.

Several other large investors have also recently bought and sold shares of VAC. Goldman Sachs Group Inc. boosted its holdings in Marriott Vacations Worldwide by 18.2% during the first quarter. Goldman Sachs Group Inc. now owns 140,662 shares of the company’s stock worth $9,036,000 after buying an additional 21,623 shares in the last quarter. Empowered Funds LLC increased its holdings in Marriott Vacations Worldwide by 147.9% in the first quarter. Empowered Funds LLC now owns 8,487 shares of the company’s stock valued at $545,000 after buying an additional 5,064 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Marriott Vacations Worldwide by 4.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 100,636 shares of the company’s stock valued at $6,465,000 after buying an additional 4,497 shares in the last quarter. Invesco Ltd. lifted its position in shares of Marriott Vacations Worldwide by 102.9% during the 2nd quarter. Invesco Ltd. now owns 212,199 shares of the company’s stock valued at $15,344,000 after acquiring an additional 107,598 shares during the period. Finally, First Trust Advisors LP boosted its stake in shares of Marriott Vacations Worldwide by 22.7% during the 2nd quarter. First Trust Advisors LP now owns 121,820 shares of the company’s stock worth $8,809,000 after acquiring an additional 22,506 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Price Performance

VAC stock opened at $119.61 on Tuesday. The stock’s 50 day moving average price is $101.23 and its 200 day moving average price is $80.20. The firm has a market cap of $4.11 billion, a P/E ratio of -12.28, a PEG ratio of 2.26 and a beta of 1.23. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.99 and a current ratio of 3.56. Marriott Vacations Worldwide Corporation has a 1 year low of $44.58 and a 1 year high of $131.34.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings data on Thursday, August 6th. The company reported $2.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.34. Marriott Vacations Worldwide had a positive return on equity of 12.27% and a negative net margin of 6.47%.The business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the prior year, the business earned $1.96 earnings per share. The business’s revenue was up 5.9% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. On average, sell-side 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 analysts recently issued reports on VAC shares. Wall Street Zen raised Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a report on Saturday. Wells Fargo & Company raised their price target on Marriott Vacations Worldwide from $68.00 to $101.00 and gave the company an “underweight” rating in a research report on Friday, August 7th. Zacks Research raised Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Barclays boosted their price objective on shares of Marriott Vacations Worldwide from $94.00 to $140.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Finally, Morgan Stanley increased their price objective on shares of Marriott Vacations Worldwide from $51.00 to $52.00 and gave the company an “underweight” rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $99.30.

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.