Geode Capital Management LLC Grows Stock Holdings in Vacasa, Inc. (NASDAQ:VCSA)

Geode Capital Management LLC raised its position in shares of Vacasa, Inc. (NASDAQ:VCSA) by 15.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 202,019 shares of the company’s stock after purchasing an additional 26,575 shares during the period. Geode Capital Management LLC owned approximately 0.89% of Vacasa worth $568,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Barclays PLC raised its position in Vacasa by 290.2% during the third quarter. Barclays PLC now owns 12,790 shares of the company’s stock valued at $36,000 after purchasing an additional 9,512 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Vacasa by 1,286.7% in the third quarter. BNP Paribas Financial Markets now owns 39,909 shares of the company’s stock worth $112,000 after buying an additional 37,031 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Vacasa by 41.5% in the second quarter. Renaissance Technologies LLC now owns 66,454 shares of the company’s stock worth $324,000 after buying an additional 19,500 shares during the period. National Bank of Canada FI increased its holdings in shares of Vacasa by 23.1% in the second quarter. National Bank of Canada FI now owns 60,683 shares of the company’s stock worth $296,000 after buying an additional 11,378 shares during the period. Finally, Rhumbline Advisers purchased a new position in shares of Vacasa in the second quarter worth about $50,000. Hedge funds and other institutional investors own 82.48% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. The Goldman Sachs Group decreased their price objective on Vacasa from $6.50 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, November 12th. JMP Securities reiterated a “market perform” rating on shares of Vacasa in a report on Monday, December 16th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Vacasa in a report on Monday, December 30th.

Vacasa Stock Up 0.2 %

Shares of NASDAQ:VCSA opened at $5.01 on Friday. Vacasa, Inc. has a 1 year low of $2.07 and a 1 year high of $11.70. The company has a market cap of $114.09 million, a PE ratio of -0.60 and a beta of 0.74. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.90 and a quick ratio of 0.90. The stock’s 50-day moving average is $3.81 and its 200 day moving average is $3.56.

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.