Marriott Vacations Worldwide Co. (NYSE:VAC) Shares Purchased by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. grew its stake in shares of Marriott Vacations Worldwide Co. (NYSE:VAC) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,847 shares of the company’s stock after acquiring an additional 662 shares during the period. Harbor Capital Advisors Inc.’s holdings in Marriott Vacations Worldwide were worth $6,003,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. True Wealth Design LLC bought a new position in shares of Marriott Vacations Worldwide during the third quarter worth about $32,000. Quarry LP raised its stake in Marriott Vacations Worldwide by 368.4% during the second quarter. Quarry LP now owns 445 shares of the company’s stock valued at $39,000 after buying an additional 350 shares in the last quarter. Capital Performance Advisors LLP bought a new position in Marriott Vacations Worldwide during the 3rd quarter worth approximately $39,000. Venturi Wealth Management LLC grew its position in shares of Marriott Vacations Worldwide by 6,881.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,117 shares of the company’s stock worth $82,000 after acquiring an additional 1,101 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Marriott Vacations Worldwide in the 3rd quarter valued at approximately $97,000. Institutional investors own 89.52% of the company’s stock.

Wall Street Analysts Forecast Growth

VAC has been the topic of several research analyst reports. Stifel Nicolaus raised their price objective on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Truist Financial raised their price target on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Mizuho boosted their price objective on shares of Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. Morgan Stanley started coverage on shares of Marriott Vacations Worldwide in a research note on Monday, January 6th. They set an “underweight” rating and a $87.00 price objective on the stock. Finally, Barclays upgraded Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $97.00 to $116.00 in a research note on Friday, December 13th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $105.67.

Marriott Vacations Worldwide Trading Down 2.7 %

Marriott Vacations Worldwide stock opened at $83.29 on Friday. The firm has a 50-day moving average price of $91.66 and a two-hundred day moving average price of $82.37. Marriott Vacations Worldwide Co. has a 52-week low of $67.28 and a 52-week high of $108.57. The firm has a market capitalization of $2.91 billion, a price-to-earnings ratio of 15.86, a PEG ratio of 0.86 and a beta of 1.84. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19.

Marriott Vacations Worldwide Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Thursday, December 19th were paid a dividend of $0.79 per share. This is a boost from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. This represents a $3.16 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date of this dividend was Thursday, December 19th. Marriott Vacations Worldwide’s payout ratio is currently 60.19%.

Marriott Vacations Worldwide Profile

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.