Short Interest Worth Watching: What’s Propelling Marriott Vacations Worldwide Cor (NYSE:VAC) After Lower Shorts Reported?

November 18, 2016 - By Louis Casey   ·   0 Comments

Short Interest Worth Watching: What’s Propelling Marriott Vacations Worldwide Cor (NYSE:VAC) After Lower Shorts Reported?

The stock of Marriott Vacations Worldwide Cor (NYSE:VAC) registered a decrease of 1.07% in short interest. VAC’s total short interest was 2.96 million shares in November as published by FINRA. Its down 1.07% from 2.99 million shares, reported previously. With 192,300 shares average volume, it will take short sellers 15 days to cover their VAC’s short positions. The short interest to Marriott Vacations Worldwide Cor’s float is 12.36%. About 77,916 shares traded hands. Marriott Vacations Worldwide Corp (NYSE:VAC) has risen 13.94% since April 18, 2016 and is uptrending. It has outperformed by 9.51% the S&P500.

Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The company has a market cap of $2.08 billion. The Firm is a developer, marketer and seller of vacation ownership and related products under The Ritz-Carlton Destination Club brand. It has a 18.56 P/E ratio. The Firm develops, markets and sells whole ownership residential products under The Ritz-Carlton Residences brand.

Insitutional Activity: The institutional sentiment increased to 0.96 in Q2 2016. Its up 0.32, from 0.64 in 2016Q1. The ratio is positive, as 28 funds sold all Marriott Vacations Worldwide Corp shares owned while 74 reduced positions. 19 funds bought stakes while 46 increased positions. They now own 20.95 million shares or 6.16% more from 19.74 million shares in 2016Q1.
Gradient Invs Limited Liability Corporation owns 12 shares or 0% of their US portfolio. Moreover, Numeric Invsts Ltd Limited Liability Company has 0% invested in Marriott Vacations Worldwide Corp (NYSE:VAC) for 7,500 shares. The Netherlands-based Shell Asset Mngmt has invested 0.03% in Marriott Vacations Worldwide Corp (NYSE:VAC). Comerica Bank & Trust has 0.03% invested in the company for 40,555 shares. Capstone Asset Management Company reported 8,624 shares or 0.02% of all its holdings. Van Eck Associates Corporation accumulated 0% or 532 shares. Spark Investment Ltd Llc owns 38,600 shares or 0.25% of their US portfolio. Carroll Fincl Assocs reported 42 shares or 0% of all its holdings. Moreover, American Grp Inc has 0% invested in Marriott Vacations Worldwide Corp (NYSE:VAC) for 17,037 shares. Columbia Asset Mgmt holds 0.22% or 9,175 shares in its portfolio. Grantham Mayo Van Otterloo And Limited Liability Company last reported 0.02% of its portfolio in the stock. Chicago Equity Partners Ltd Llc owns 27,360 shares or 0.05% of their US portfolio. Goldman Sachs Group Incorporated has invested 0.02% of its portfolio in Marriott Vacations Worldwide Corp (NYSE:VAC). Qs Invsts Ltd Liability Company last reported 0.04% of its portfolio in the stock. Rhumbline Advisers has 0.01% invested in the company for 42,324 shares.

Insider Transactions: Since July 25, 2016, the stock had 0 buys, and 2 insider sales for $329,354 net activity. Hunter James H. IV sold $14,714 worth of Marriott Vacations Worldwide Corp (NYSE:VAC) on Monday, July 25. On Tuesday, July 26 the insider Miller Brian E. sold $314,640.

Marriott Vacations Worldwide Corp (NYSE:VAC) Ratings Coverage

Out of 6 analysts covering Marriot Vacations Worldwide (NYSE:VAC), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. Marriot Vacations Worldwide has been the topic of 11 analyst reports since July 24, 2015 according to StockzIntelligence Inc. As per Friday, October 14, the company rating was maintained by Telsey Advisory Group. The firm earned “Buy” rating on Friday, October 16 by M Partners. M Partners upgraded Marriott Vacations Worldwide Corp (NYSE:VAC) on Friday, July 24 to “Buy” rating. The firm has “Buy” rating by M Partners given on Friday, April 29. On Friday, February 5 the stock rating was initiated by Credit Suisse with “An Outperform”. The firm earned “Buy” rating on Thursday, January 14 by M Partners. Telsey Advisory Group maintained the shares of VAC in a report on Friday, July 22 with “Market Perform” rating. Stifel Nicolaus maintained the shares of VAC in a report on Monday, January 11 with “Buy” rating. JMP Securities upgraded Marriott Vacations Worldwide Corp (NYSE:VAC) rating on Tuesday, October 13. JMP Securities has “Market Outperform” rating and $89 price target.

VAC Company Profile

Marriott Vacations Worldwide Corporation, incorporated on June 21, 2011, is a developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The Firm is a developer, marketer and seller of vacation ownership and related products under The Ritz-Carlton Destination Club brand. The Firm develops, markets and sells whole ownership residential products under The Ritz-Carlton Residences brand. The Firm operates through three divisions: North America, Europe and Asia Pacific. The Company’s portfolio consists of approximately 60 properties in the United States and over eight other countries and territories. The Company’s brands include The Marriott Vacation Club, Grand Residences by Marriott, The Ritz-Carlton Destination Club and The Ritz-Carlton Residences.

More notable recent Marriott Vacations Worldwide Corp (NYSE:VAC) news were published by: Marketwatch.com which released: “Marriott Vacations Worldwide Corp.” on September 30, 2011, also Prnewswire.com with their article: “Marriott Vacations Worldwide Completes Securitization of Vacation Ownership Loans” published on August 15, 2016, Prnewswire.com published: “Marriott Vacations Worldwide Agrees to Purchase The Strand Hotel in New York City” on January 08, 2016. More interesting news about Marriott Vacations Worldwide Corp (NYSE:VAC) were released by: Prnewswire.com and their article: “Marriott Vacations Worldwide Corporation to Host Investor Day” published on May 14, 2015 as well as Prnewswire.com‘s news article titled: “Marriott Vacations Worldwide Releases 2015 Corporate Social Responsibility Report” with publication date: April 20, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Louis Casey


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>