Is Buying Stock Like Marriott Vacations Worldwide Corp Good Idea After Today’s Bearish Options Activity?

 Is Buying Stock Like Marriott Vacations Worldwide Corp Good Idea After Today's Bearish Options Activity?

In today’s session Marriott Vacations Worldwide Corp (VAC) recorded an unusually high (2,201) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious VAC decrease. With 2,201 contracts traded and 22694 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: VAC161021P00065000 closed last at: $1.05 or 40% up. About 180,915 shares traded hands. Marriott Vacations Worldwide Corp (NYSE:VAC) has risen 11.05% since March 8, 2016 and is uptrending. It has outperformed by 1.73% the S&P500.

Analysts await Marriott Vacations Worldwide Corp (NYSE:VAC) to report earnings on October, 20. They expect $1.20 EPS, up 46.34% or $0.38 from last year’s $0.82 per share. VAC’s profit will be $32.17M for 14.38 P/E if the $1.20 EPS becomes a reality. After $1.08 actual EPS reported by Marriott Vacations Worldwide Corp for the previous quarter, Wall Street now forecasts 11.11% EPS growth.

Marriott Vacations Worldwide Corp (NYSE:VAC) Ratings Coverage

Out of 6 analysts covering Marriot Vacations Worldwide (NYSE:VAC), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. $91 is the highest target while $66 is the lowest. The $77.86 average target is 12.84% above today’s ($69) stock price. Marriot Vacations Worldwide has been the topic of 10 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Telsey Advisory Group maintained the stock with “Market Perform” rating in Friday, July 22 report. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, January 11 report. The stock has “Market Outperform” rating given by JMP Securities on Tuesday, October 13. M Partners upgraded the stock to “Buy” rating in Friday, July 24 report. M Partners maintained it with “Buy” rating and $79 target price in Friday, April 29 report. M Partners maintained the stock with “Buy” rating in Thursday, January 14 report. The stock has “An Outperform” rating given by Credit Suisse on Friday, February 5. The rating was maintained by M Partners on Friday, October 16 with “Buy”.

According to Zacks Investment Research, “Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership resorts and vacation club, destination club and exchange programs, principally under the Marriott and Ritz-Carlton brands and trademarks. The Company generates most of its revenues from four primary sources: selling vacation ownership products, managing our resorts, financing consumer purchases of vacation ownership products and renting vacation ownership inventory.”

Insitutional Activity: The institutional sentiment decreased to 0.64 in Q2 2016. Its down 0.37, from 1.01 in 2016Q1. The ratio is negative, as 28 funds sold all Marriott Vacations Worldwide Corp shares owned while 74 reduced positions. 19 funds bought stakes while 46 increased positions. They now own 20.95 million shares or 6.16% more from 19.74 million shares in 2016Q1.
Symphony Asset Mgmt reported 3,475 shares or 0.03% of all its holdings. The Minnesota-based Ameriprise Financial Incorporated has invested 0% in Marriott Vacations Worldwide Corp (NYSE:VAC). Smith Asset Mgmt Grp L P holds 0.09% of its portfolio in Marriott Vacations Worldwide Corp (NYSE:VAC) for 44,715 shares. California State Teachers Retirement has 0.01% invested in the company for 46,996 shares. Credit Suisse Ag has invested 0.01% of its portfolio in Marriott Vacations Worldwide Corp (NYSE:VAC). Moreover, Burt Wealth Advsrs has 0.07% invested in Marriott Vacations Worldwide Corp (NYSE:VAC) for 918 shares. Amer Rech & Management Comm has 0.03% invested in the company for 1,042 shares. Macquarie Group Inc Limited accumulated 0% or 21,700 shares. Lsv Asset Mngmt accumulated 95,100 shares or 0.01% of the stock. California Employees Retirement holds 0.01% of its portfolio in Marriott Vacations Worldwide Corp (NYSE:VAC) for 86,400 shares. Moreover, Brown Brothers Harriman & has 0% invested in Marriott Vacations Worldwide Corp (NYSE:VAC) for 40 shares. Blackrock Lc holds 0% or 10,849 shares in its portfolio. Parametric Portfolio Assocs Llc holds 0.02% of its portfolio in Marriott Vacations Worldwide Corp (NYSE:VAC) for 147,675 shares. Aperio Group Limited holds 5,133 shares or 0% of its portfolio. The Ontario – Canada-based Cibc Asset has invested 0% in Marriott Vacations Worldwide Corp (NYSE:VAC).

Insider Transactions: Since July 25, 2016, the stock had 0 buys, and 2 insider sales for $329,354 net activity. 4,000 shares with value of $314,640 were sold by Miller Brian E. on Tuesday, July 26. $14,714 worth of Marriott Vacations Worldwide Corp (NYSE:VAC) shares were sold by Hunter James H. IV.

Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The company has a market cap of $1.85 billion. The Firm is a developer, marketer and seller of vacation ownership and related products under The Ritz-Carlton Destination Club brand. It has a 18.05 P/E ratio. The Firm develops, markets and sells whole ownership residential products under The Ritz-Carlton Residences brand.

VAC Company Profile

Marriott Vacations Worldwide Corporation, incorporated on June 21, 2011, is a developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The Firm is a developer, marketer and seller of vacation ownership and related products under The Ritz-Carlton Destination Club brand. The Firm develops, markets and sells whole ownership residential products under The Ritz-Carlton Residences brand. The Firm operates through three divisions: North America, Europe and Asia Pacific. The Company’s portfolio consists of approximately 60 properties in the United States and over eight other countries and territories. The Company’s brands include The Marriott Vacation Club, Grand Residences by Marriott, The Ritz-Carlton Destination Club and The Ritz-Carlton Residences.

More notable recent Marriott Vacations Worldwide Corp (NYSE:VAC) news were published by: Prnewswire.com which released: “Marriott Vacations Worldwide Corporation Announces Third Quarter 2016 Earnings …” on September 16, 2016, also Marketwatch.com with their article: “Marriott Vacations Worldwide Corp.” published on September 30, 2011, Prnewswire.com published: “Marriott Vacations Worldwide Makes Orlando Sentinel Top 100 Companies List” on September 12, 2016. More interesting news about Marriott Vacations Worldwide Corp (NYSE:VAC) were released by: Prnewswire.com and their article: “Marriott Vacations Worldwide Completes Securitization of Vacation Ownership Loans” published on August 15, 2016 as well as Prnewswire.com‘s news article titled: “Marriott Vacations Worldwide Corporation Announces Second Quarter 2016 …” with publication date: June 28, 2016.

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