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 Q3 regulatory filings by fund managers ($100M+ AUM)
132% more call options, than puts
Call options by funds: $74M | Put options by funds: $31.9M
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 99
2.88% less ownership
Funds ownership: 85.82% [Q2] → 82.94% (-2.88%) [Q3]
13% less funds holding
Funds holding: 352 [Q2] → 308 (-44) [Q3]
19% less capital invested
Capital invested by funds: $2.63B [Q2] → $2.12B (-$511M) [Q3]
58% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 76
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Mizuho Ben Chaiken 65% 1-year accuracy 36 / 55 met price target | 28%upside $117 | Outperform Maintained | 12 Nov 2024 |
Barclays Brandt Montour 60% 1-year accuracy 44 / 73 met price target | 6%upside $97 | Equal-Weight Maintained | 8 Nov 2024 |
Barclays Brandt Montour 60% 1-year accuracy 44 / 73 met price target | 19%downside $74 | Equal-Weight Maintained | 26 Sept 2024 |
Goldman Sachs Lizzie Dove 65% 1-year accuracy 11 / 17 met price target | 32%downside $62 | Sell Initiated | 18 Sept 2024 |
Stifel Simon Yarmak 57% 1-year accuracy 17 / 30 met price target | 6%upside $97 | Buy Maintained | 13 Sept 2024 |
Financial journalist opinion
Based on 8 articles about VAC published over the past 30 days