December 1, 2016 - By Marie Mckinney · 0 Comments
Marriott Vacations Worldwide Corp (NYSE:VAC) institutional sentiment increased to 0.96 in Q2 2016. Its up 0.32, from 0.64 in 2016Q1. The ratio is positive, as 65 investment professionals increased and opened new holdings, while 102 sold and reduced their holdings in Marriott Vacations Worldwide Corp. The investment professionals in our partner’s database reported: 20.95 million shares, up from 19.74 million shares in 2016Q1. Also, the number of investment professionals holding Marriott Vacations Worldwide Corp in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 28 Reduced: 74 Increased: 46 New Position: 19.
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 $2.06 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 19.27 P/E ratio. The Firm develops, markets and sells whole ownership residential products under The Ritz-Carlton Residences brand.
About 20,505 shares traded hands. Marriott Vacations Worldwide Corp (NYSE:VAC) has risen 23.69% since April 28, 2016 and is uptrending. It has outperformed by 17.76% the S&P500.
Analysts await Marriott Vacations Worldwide Corp (NYSE:VAC) to report earnings on February, 23. They expect $1.76 EPS, up 58.56% or $0.65 from last year’s $1.11 per share. VAC’s profit will be $45.68M for 11.27 P/E if the $1.76 EPS becomes a reality. After $0.96 actual EPS reported by Marriott Vacations Worldwide Corp for the previous quarter, Wall Street now forecasts 83.33% EPS growth.
According to Zacks Investment Research, “Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership resorts and vacation club, destination club and exchange programs, principally under the Marriott and Ritz-Carlton brands and trademarks. The Company generates most of its revenues from four primary sources: selling vacation ownership products, managing our resorts, financing consumer purchases of vacation ownership products and renting vacation ownership inventory.”
Rr Partners Lp holds 1.37% of its portfolio in Marriott Vacations Worldwide Corp for 459,800 shares. Mesirow Financial Investment Management owns 325,885 shares or 1.3% of their US portfolio. Moreover, Investec Asset Management North America Inc. has 0.95% invested in the company for 94,663 shares. The New York-based Bamco Inc Ny has invested 0.81% in the stock. Parametrica Management Ltd, a Hong Kong-based fund reported 6,707 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 2 sales for $329,354 net activity.
Ratings analysis reveals 50% of Marriot Vacations Worldwide’s analysts are positive. Out of 6 Wall Street analysts rating Marriot Vacations Worldwide, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $66 while the high is $91. The stock’s average target of $76.29 is -3.88% below today’s ($79.37) share price. VAC was included in 11 notes of analysts from July 24, 2015. The company was maintained on Thursday, January 14 by M Partners. The firm has “Buy” rating given on Friday, July 24 by M Partners. M Partners maintained it with “Buy” rating and $79 target price in Friday, April 29 report. On Friday, October 16 the stock rating was maintained by M Partners with “Buy”. JMP Securities upgraded Marriott Vacations Worldwide Corp (NYSE:VAC) on Tuesday, October 13 to “Market Outperform” rating. The company was maintained on Friday, October 14 by Telsey Advisory Group. The firm earned “Buy” rating on Monday, January 11 by Stifel Nicolaus. The rating was maintained by Telsey Advisory Group on Friday, July 22 with “Market Perform”. Credit Suisse initiated the stock with “An Outperform” rating in Friday, February 5 report.
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 important 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 published article titled: “Marriott Vacations Worldwide Completes Securitization of Vacation Ownership Loans”, Quotes.Wsj.com published: “News Marriott Vacations Worldwide Corp.VAC” on November 22, 2011. More interesting news about Marriott Vacations Worldwide Corp (NYSE:VAC) was released by: Forbes.com and their article: “Marriott Vacations Worldwide is Now Oversold (VAC)” with publication date: November 01, 2016.
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By Marie Mckinney