Time to Reconsider Marriot Vacations Worldwide Corporation (NYSE:VAC) After More Short Sellers?

March 14, 2018 - By Nellie Frank

 Time to Reconsider Marriot Vacations Worldwide Corporation (NYSE:VAC) After More Short Sellers?

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.26, from 1.17 in 2017Q2. It fall, as 22 investors sold Marriott Vacations Worldwide Corporation shares while 80 reduced holdings. 36 funds opened positions while 57 raised stakes. 19.41 million shares or 3.96% less from 20.21 million shares in 2017Q2 were reported.
Jpmorgan Chase & reported 0% in Marriott Vacations Worldwide Corporation (NYSE:VAC). Kbc Grp Nv holds 1,251 shares. Aqr Capital Mgmt Ltd reported 0.01% stake. Gemmer Asset Mngmt Ltd Co has 0% invested in Marriott Vacations Worldwide Corporation (NYSE:VAC) for 97 shares. 21,782 are owned by Citigroup Incorporated. Lazard Asset Mngmt accumulated 1,361 shares or 0% of the stock. Stifel Fincl holds 3,599 shares or 0% of its portfolio. The Ontario – Canada-based Breton Hill Cap has invested 0.04% in Marriott Vacations Worldwide Corporation (NYSE:VAC). Qs Invsts Ltd Co stated it has 0.06% of its portfolio in Marriott Vacations Worldwide Corporation (NYSE:VAC). Clarivest Asset Mgmt Ltd owns 21,233 shares. Manchester Capital holds 0% in Marriott Vacations Worldwide Corporation (NYSE:VAC) or 24 shares. Pnc Services Group Inc accumulated 6,123 shares. Bancorp Of Mellon Corporation has 468,498 shares. Rhumbline Advisers reported 52,390 shares. Ahl Prns Llp holds 11,889 shares.

Since January 29, 2018, it had 0 insider purchases, and 3 selling transactions for $748,369 activity. Shares for $183,250 were sold by Smith Dwight D. on Wednesday, March 7.

The stock of Marriot Vacations Worldwide Corporation (NYSE:VAC) registered an increase of 4.1% in short interest. VAC’s total short interest was 1.98M shares in March as published by FINRA. Its up 4.1% from 1.90 million shares, reported previously. With 217,000 shares average volume, it will take short sellers 9 days to cover their VAC’s short positions. The short interest to Marriot Vacations Worldwide Corporation’s float is 9.54%.

The stock decreased 1.59% or $2.33 during the last trading session, reaching $143.93. About 199,165 shares traded or 6.16% up from the average. Marriott Vacations Worldwide Corporation (NYSE:VAC) has risen 95.13% since March 14, 2017 and is uptrending. It has outperformed by 78.43% the S&P500.

Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The company has market cap of $3.82 billion. The firm also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. It has a 17.6 P/E ratio. It sells points vacation ownership products through Marriott Vacation Club points ownership programs focused in North America and the Asia Pacific; and weeks vacation ownership products.

Marriott Vacations Worldwide Corporation (NYSE:VAC) Ratings Coverage

Among 10 analysts covering Marriot Vacations Worldwide (NYSE:VAC), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Marriot Vacations Worldwide had 27 analyst reports since July 24, 2015 according to SRatingsIntel. Telsey Advisory Group maintained the stock with “Market Perform” rating in Friday, October 14 report. The stock of Marriott Vacations Worldwide Corporation (NYSE:VAC) earned “Buy” rating by Stifel Nicolaus on Thursday, February 1. The firm has “An Outperform” rating by Credit Suisse given on Friday, February 5. The company was maintained on Friday, February 24 by Telsey Advisory Group. Nomura initiated the stock with “Buy” rating in Wednesday, October 25 report. The stock has “Buy” rating by Nomura on Friday, November 3. As per Friday, August 4, the company rating was maintained by Telsey Advisory Group. The firm has “Buy” rating given on Monday, September 25 by Stifel Nicolaus. M Partners maintained it with “Buy” rating and $70.0 target in Thursday, January 14 report. SunTrust maintained Marriott Vacations Worldwide Corporation (NYSE:VAC) rating on Thursday, November 2. SunTrust has “Hold” rating and $128.0 target.

More notable recent Marriott Vacations Worldwide Corporation (NYSE:VAC) news were published by: Bizjournals.com which released: “Corporate Philanthropy Awards” on December 05, 2017, also Law360.com with their article: “Marriott Vacation Club Makes Deal In Cruise Fees Class Suit” published on January 19, 2018, Bizjournals.com published: “Marriott, SPG rewards programs take one more step toward integration” on February 28, 2018. More interesting news about Marriott Vacations Worldwide Corporation (NYSE:VAC) were released by: Fool.com and their article: “Is Marriott Vacations Worldwide Overvalued?” published on February 22, 2018 as well as Seekingalpha.com‘s news article titled: “Marriott Vacations Worldwide’s (VAC) CEO Steve Weisz on Q1 2017 Results …” with publication date: May 07, 2017.

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