Marriott Vacations Worldwide Co. (NYSE:VAC) Shares Sold by Aquatic Capital Management LLC

Aquatic Capital Management LLC decreased its stake in shares of Marriott Vacations Worldwide Co. (NYSE:VAC) by 71.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,061 shares of the company’s stock after selling 37,339 shares during the quarter. Aquatic Capital Management LLC’s holdings in Marriott Vacations Worldwide were worth $1,352,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in Marriott Vacations Worldwide by 6.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,883,197 shares of the company’s stock valued at $169,110,000 after purchasing an additional 116,854 shares during the last quarter. Fuller & Thaler Asset Management Inc. lifted its stake in shares of Marriott Vacations Worldwide by 5.7% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 1,378,561 shares of the company’s stock worth $123,795,000 after acquiring an additional 74,956 shares during the period. Principal Financial Group Inc. boosted its holdings in Marriott Vacations Worldwide by 2.0% in the 4th quarter. Principal Financial Group Inc. now owns 1,181,961 shares of the company’s stock valued at $106,140,000 after purchasing an additional 23,380 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in shares of Marriott Vacations Worldwide by 0.9% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 778,684 shares of the company’s stock valued at $69,926,000 after buying an additional 7,046 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Marriott Vacations Worldwide by 45.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 475,938 shares of the company’s stock worth $42,739,000 after purchasing an additional 148,457 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on VAC shares. Mizuho raised their price target on Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an “outperform” rating in a research report on Tuesday, February 25th. Barclays lowered their price objective on Marriott Vacations Worldwide from $116.00 to $97.00 and set an “overweight” rating for the company in a research report on Friday, February 28th. Stifel Nicolaus cut their price target on shares of Marriott Vacations Worldwide from $112.00 to $108.00 and set a “buy” rating on the stock in a research note on Thursday, February 27th. Morgan Stanley upgraded Marriott Vacations Worldwide from an “underweight” rating to an “equal weight” rating and decreased their target price for the stock from $67.00 to $57.00 in a report on Tuesday, April 22nd. Finally, Truist Financial cut their price objective on Marriott Vacations Worldwide from $142.00 to $140.00 and set a “buy” rating on the stock in a research report on Friday, March 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $94.38.

Marriott Vacations Worldwide Trading Up 0.1 %

VAC opened at $55.91 on Wednesday. The stock has a market capitalization of $1.93 billion, a PE ratio of 10.65, a P/E/G ratio of 0.67 and a beta of 1.66. The company has a debt-to-equity ratio of 2.19, a current ratio of 3.53 and a quick ratio of 2.86. Marriott Vacations Worldwide Co. has a 12-month low of $49.22 and a 12-month high of $103.46. The firm’s fifty day moving average price is $63.90 and its 200 day moving average price is $79.50.

Marriott Vacations Worldwide (NYSE:VAC) last released its earnings results on Wednesday, February 26th. The company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.51 by $0.35. Marriott Vacations Worldwide had a return on equity of 10.89% and a net margin of 4.20%. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.24 billion. As a group, research analysts expect that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were paid a $0.79 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $3.16 dividend on an annualized basis and a yield of 5.65%. Marriott Vacations Worldwide’s payout ratio is currently 56.23%.

Insider Activity at Marriott Vacations Worldwide

In related news, insider Stephanie Sobeck Butera acquired 650 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average cost of $71.66 per share, for a total transaction of $46,579.00. Following the completion of the purchase, the insider now directly owns 8,770 shares in the company, valued at $628,458.20. This trade represents a 8.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.60% of the company’s stock.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management.