Fintel reports that on January 6, 2025, Morgan Stanley initiated coverage of Marriott Vacations Worldwide (NYSE:VAC) with a Underweight recommendation.
Analyst Price Forecast Suggests 26.55% Upside
As of December 23, 2024, the average one-year price target for Marriott Vacations Worldwide is $109.93/share. The forecasts range from a low of $80.80 to a high of $149.10. The average price target represents an increase of 26.55% from its latest reported closing price of $86.87 / share.
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The projected annual revenue for Marriott Vacations Worldwide is 5,279MM, an increase of 65.28%. The projected annual non-GAAP EPS is 13.91.
What is the Fund Sentiment?
There are 670 funds or institutions reporting positions in Marriott Vacations Worldwide. This is an decrease of 62 owner(s) or 8.47% in the last quarter. Average portfolio weight of all funds dedicated to VAC is 0.18%, an increase of 48.91%. Total shares owned by institutions increased in the last three months by 3.85% to 35,645K shares. 
The put/call ratio of VAC is 0.36, indicating a bullish outlook.
What are Other Shareholders Doing?
Impactive Capital holds 2,998K shares representing 8.59% ownership of the company. In its prior filing, the firm reported owning 2,602K shares , representing an increase of 13.19%. The firm decreased its portfolio allocation in VAC by 7.34% over the last quarter.
Senvest Management holds 1,894K shares representing 5.43% ownership of the company. In its prior filing, the firm reported owning 1,955K shares , representing a decrease of 3.21%. The firm decreased its portfolio allocation in VAC by 25.98% over the last quarter.
Fuller & Thaler Asset Management holds 1,304K shares representing 3.73% ownership of the company. In its prior filing, the firm reported owning 699K shares , representing an increase of 46.41%. The firm increased its portfolio allocation in VAC by 43.96% over the last quarter.
Principal Financial Group holds 1,159K shares representing 3.32% ownership of the company. In its prior filing, the firm reported owning 1,220K shares , representing a decrease of 5.26%. The firm decreased its portfolio allocation in VAC by 65.74% over the last quarter.
UBVLX - Undiscovered Managers Behavioral Value Fund Class L holds 1,127K shares representing 3.23% ownership of the company. In its prior filing, the firm reported owning 591K shares , representing an increase of 47.55%. The firm increased its portfolio allocation in VAC by 43.46% over the last quarter.
Marriott Vacations Worldwide Background Information
(This description is provided by the company.)
Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products and services. The company has a diverse portfolio that includes seven vacation ownership brands. It also includes exchange networks and membership programs, as well as management of other resorts and lodging properties. As a leader and innovator in the vacation industry, the company upholds the highest standards of excellence in serving its customers, investors and associates while maintaining exclusive, long-term relationships with Marriott International, Inc. and Hyatt Hotels Corporation for the development, sales and marketing of vacation ownership products and services.
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