Could Marriott Vacations Worldwide Corp Decline After Today’s Tip From Option Traders?

 Could Marriott Vacations Worldwide Corp Decline After Today's Tip From Option Traders?

In today’s session Marriott Vacations Worldwide Corp (VAC) registered an unusually high (1,764) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious VAC increase. With 1,764 contracts traded and 2984 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: VAC161118C00065000 closed last at: $1.3 or 44.4% up. About 51,764 shares traded hands. Marriott Vacations Worldwide Corp (NYSE:VAC) has risen 0.35% since April 5, 2016 and is uptrending. It has underperformed by 1.61% the S&P500.

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 $76.29 average target is 15.70% above today’s ($65.94) stock price. Marriot Vacations Worldwide has been the topic of 11 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Credit Suisse initiated the stock with “An Outperform” rating in Friday, February 5 report. The firm has “Buy” rating given on Monday, January 11 by Stifel Nicolaus. M Partners upgraded the shares of VAC in a report on Friday, July 24 to “Buy” rating. The rating was upgraded by JMP Securities to “Market Outperform” on Tuesday, October 13. The company was maintained on Friday, October 16 by M Partners. The firm has “Market Perform” rating given on Friday, July 22 by Telsey Advisory Group. Telsey Advisory Group maintained the stock with “Market Perform” rating in Friday, October 14 report. M Partners maintained Marriott Vacations Worldwide Corp (NYSE:VAC) rating on Thursday, January 14. M Partners has “Buy” rating and $70.0 price target. The stock of Marriott Vacations Worldwide Corp (NYSE:VAC) has “Buy” rating given on Friday, April 29 by M Partners.

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 2016 Q2. 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.
Voya Invest Ltd Liability Company reported 267,521 shares or 0.05% of all its holdings. The New York-based Spark Investment Management Limited Liability Corporation has invested 0.25% in Marriott Vacations Worldwide Corp (NYSE:VAC). Peak6 Investments Ltd Partnership last reported 0.01% of its portfolio in the stock. Pnc Fincl Services accumulated 6,730 shares or 0% of the stock. Investec Asset North America last reported 94,663 shares in the company. Ladenburg Thalmann Service accumulated 0% or 656 shares. Federated Invsts Pa reported 17,522 shares or 0% of all its holdings. Moreover, Hsbc Holding Public Limited Company has 0% invested in Marriott Vacations Worldwide Corp (NYSE:VAC) for 4,220 shares. Parametrica Management Ltd owns 6,707 shares or 0.69% of their US portfolio. Panagora Asset Mngmt has invested 0.03% of its portfolio in Marriott Vacations Worldwide Corp (NYSE:VAC). The Germany-based Dekabank Deutsche Girozentrale has invested 0% in Marriott Vacations Worldwide Corp (NYSE:VAC). Moreover, Numeric Limited Liability Com has 0% invested in Marriott Vacations Worldwide Corp (NYSE:VAC) for 7,500 shares. Paloma Partners Management holds 4,305 shares or 0% of its portfolio. Deutsche Bancorp Ag has 0.02% invested in the company for 453,067 shares. Putnam Invests Limited Liability Co has 95,087 shares for 0.02% of their US portfolio.

Insider Transactions: Since July 25, 2016, the stock had 0 buys, and 2 selling transactions for $329,354 net activity. Miller Brian E. sold 4,000 shares worth $314,640. 186 shares were sold by Hunter James H. IV, worth $14,714.

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 16.01 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 Prnewswire.com with their article: “Marriott Vacations Worldwide Completes Securitization of Vacation Ownership Loans” published on August 15, 2016, Prnewswire.com published: “Marriott Vacations Worldwide Releases 2015 Corporate Social Responsibility Report” on April 20, 2016. More interesting news about Marriott Vacations Worldwide Corp (NYSE:VAC) were released by: Forbes.com and their article: “Marriott Vacations Worldwide is Now Oversold (VAC)” published on November 01, 2016 as well as Prnewswire.com‘s news article titled: “Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend” with publication date: May 13, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment