Marriott Vacations Worldwide
About: Marriott Vacations Worldwide Corp functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies, and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's majority revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. The majority of revenue is derived from the Vacation Ownership segment.
Employees: 22,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
297% more call options, than puts
Call options by funds: $134M | Put options by funds: $33.8M
0.5% more ownership
Funds ownership: 84.64% [Q1] → 85.14% (+0.5%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
2% less funds holding
Funds holding: 359 [Q1] → 352 (-7) [Q2]
14% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 51
19% less capital invested
Capital invested by funds: $3.21B [Q1] → $2.61B (-$595M) [Q2]
24% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 121
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Barclays Brandt Montour 69% 1-year accuracy 37 / 54 met price target | 8%downside $74 | Equal-Weight Maintained | 26 Sept 2024 |
Goldman Sachs Lizzie Dove 80% 1-year accuracy 12 / 15 met price target | 23%downside $62 | Sell Initiated | 18 Sept 2024 |
Stifel Simon Yarmak 76% 1-year accuracy 22 / 29 met price target | 20%upside $97 | Buy Maintained | 13 Sept 2024 |
Deutsche Bank Chris Woronka 50% 1-year accuracy 5 / 10 met price target | 18%upside $95 | Buy Maintained | 6 Aug 2024 |
JMP Securities Aaron Hecht 62% 1-year accuracy 24 / 39 met price target | 12%upside $90 | Market Outperform Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 3 articles about VAC published over the past 30 days