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]
8% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 101
2.92% less ownership
Funds ownership: 87.35% [Q2] → 84.43% (-2.92%) [Q3]
10% less funds holding
Funds holding: 352 [Q2] → 316 (-36) [Q3]
19% less capital invested
Capital invested by funds: $2.68B [Q2] → $2.16B (-$519M) [Q3]
49% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 68
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Morgan Stanley Stephen Grambling 50% 1-year accuracy 13 / 26 met price target | 0%upside $87 | Underweight Initiated | 6 Jan 2025 |
Barclays Brandt Montour 51% 1-year accuracy 42 / 83 met price target | 34%upside $116 | Overweight Upgraded | 13 Dec 2024 |
Goldman Sachs Lizzie Dove 58% 1-year accuracy 15 / 26 met price target | 2%downside $85 | Sell Maintained | 10 Dec 2024 |
Truist Securities Patrick Scholes 55% 1-year accuracy 41 / 74 met price target | 64%upside $142 | Buy Maintained | 26 Nov 2024 |
Stifel Simon Yarmak 49% 1-year accuracy 17 / 35 met price target | 29%upside $112 | Buy Maintained | 26 Nov 2024 |
Financial journalist opinion
