Stonehearth Capital Management LLC Buys New Position in Vacasa, Inc. (NASDAQ:VCSA)

Stonehearth Capital Management LLC bought a new stake in Vacasa, Inc. (NASDAQ:VCSA) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 10,000 shares of the company’s stock, valued at approximately $49,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Barclays PLC increased its stake in Vacasa by 290.2% during the 3rd 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. Geode Capital Management LLC grew its stake in shares of Vacasa by 15.1% in the third quarter. Geode Capital Management LLC now owns 202,019 shares of the company’s stock worth $568,000 after acquiring an additional 26,575 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Vacasa by 1,286.7% during the third quarter. BNP Paribas Financial Markets now owns 39,909 shares of the company’s stock worth $112,000 after acquiring an additional 37,031 shares during the period. Renaissance Technologies LLC increased its position in shares of Vacasa by 41.5% during the second quarter. Renaissance Technologies LLC now owns 66,454 shares of the company’s stock worth $324,000 after acquiring an additional 19,500 shares during the period. Finally, National Bank of Canada FI raised its stake 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 valued at $296,000 after acquiring an additional 11,378 shares in the last quarter. 82.48% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on VCSA. JMP Securities restated a “market perform” rating on shares of Vacasa in a report on Monday, December 16th. Needham & Company LLC restated a “hold” rating on shares of Vacasa in a research note on Monday, December 30th. Finally, The Goldman Sachs Group decreased their price target on shares of Vacasa from $6.50 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, November 12th.

Vacasa Stock Up 1.8 %

Shares of NASDAQ:VCSA traded up $0.09 during trading on Tuesday, hitting $4.96. 175,813 shares of the company were exchanged, compared to its average volume of 403,480. The firm’s 50 day moving average price is $3.61 and its 200-day moving average price is $3.54. Vacasa, Inc. has a 12-month low of $2.07 and a 12-month high of $11.70. 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 has a market capitalization of $112.95 million, a P/E ratio of -0.60 and a beta of 0.74.

Vacasa 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.