JPMorgan Chase & Co. Grows Stake in Vacasa, Inc. (NASDAQ:VCSA)

JPMorgan Chase & Co. lifted its holdings in shares of Vacasa, Inc. (NASDAQ:VCSA) by 5,550.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 233,854 shares of the company’s stock after acquiring an additional 229,715 shares during the period. JPMorgan Chase & Co.’s holdings in Vacasa were worth $1,146,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of VCSA. Virtu Financial LLC purchased a new stake in Vacasa during the 4th quarter worth approximately $90,000. Stonehearth Capital Management LLC acquired a new stake in shares of Vacasa during the fourth quarter worth $49,000. Barclays PLC lifted its stake in shares of Vacasa by 290.2% during the third quarter. Barclays PLC now owns 12,790 shares of the company’s stock worth $36,000 after buying an additional 9,512 shares during the period. Finally, Geode Capital Management LLC grew its holdings in shares of Vacasa by 15.1% during the third quarter. Geode Capital Management LLC now owns 202,019 shares of the company’s stock valued at $568,000 after buying an additional 26,575 shares during the last quarter. Institutional investors and hedge funds own 82.48% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC restated a “hold” rating on shares of Vacasa in a research note on Monday, December 30th.

Vacasa Price Performance

Shares of NASDAQ VCSA opened at $5.45 on Friday. Vacasa, Inc. has a 52 week low of $2.07 and a 52 week high of $8.08. The business’s 50 day moving average price is $5.31 and its 200 day moving average price is $4.42. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.04. The firm has a market cap of $124.63 million, a P/E ratio of -0.65 and a beta of 0.64.

Vacasa (NASDAQ:VCSA) last announced its quarterly earnings data on Thursday, March 13th. The company reported ($2.76) EPS for the quarter, beating the consensus estimate of ($3.24) by $0.48. Vacasa had a negative net margin of 10.18% and a negative return on equity of 44.16%. The business had revenue of $137.99 million during the quarter, compared to analysts’ expectations of $144.65 million. On average, sell-side analysts expect that Vacasa, Inc. will post -1.68 earnings per share for the current year.

Vacasa Company Profile

Vacasa, Inc operates vacation rental management platform in North America, Belize, and Costa Rica. The company enables guests to search, discover, and book its properties on Vacasa.com and its Guest App. Vacasa, Inc was founded in 2009 and is headquartered in Portland, Oregon.