Marriott Vacations Worldwide Co. (NYSE:VAC) Position Raised by Quantinno Capital Management LP

Quantinno Capital Management LP grew its position in shares of Marriott Vacations Worldwide Co. (NYSE:VAC) by 146.8% during the 4th quarter, Holdings Channel reports. The firm owned 26,971 shares of the company’s stock after purchasing an additional 16,041 shares during the period. Quantinno Capital Management LP’s holdings in Marriott Vacations Worldwide were worth $2,422,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VAC. Pacer Advisors Inc. increased its position in shares of Marriott Vacations Worldwide by 2.7% in the fourth quarter. Pacer Advisors Inc. now owns 6,404 shares of the company’s stock worth $575,000 after acquiring an additional 166 shares in the last quarter. Xponance Inc. boosted its position in Marriott Vacations Worldwide by 6.2% during the 4th quarter. Xponance Inc. now owns 3,809 shares of the company’s stock worth $342,000 after acquiring an additional 221 shares during the period. Blue Trust Inc. grew its position in Marriott Vacations Worldwide by 130.7% during the fourth quarter. Blue Trust Inc. now owns 533 shares of the company’s stock valued at $48,000 after purchasing an additional 302 shares in the last quarter. Venturi Wealth Management LLC increased its stake in shares of Marriott Vacations Worldwide by 40.7% in the fourth quarter. Venturi Wealth Management LLC now owns 1,572 shares of the company’s stock worth $141,000 after acquiring an additional 455 shares during the last quarter. Finally, KBC Group NV increased its holdings in Marriott Vacations Worldwide by 51.5% in the fourth quarter. KBC Group NV now owns 1,460 shares of the company’s stock worth $131,000 after buying an additional 496 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on VAC shares. Stifel Nicolaus reduced their price target on Marriott Vacations Worldwide from $112.00 to $108.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. Truist Financial decreased their target price on Marriott Vacations Worldwide from $142.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Barclays reduced their price objective on Marriott Vacations Worldwide from $97.00 to $88.00 and set an “overweight” rating for the company in a research report on Monday, May 12th. Mizuho reduced their price target on shares of Marriott Vacations Worldwide from $112.00 to $105.00 and set an “outperform” rating for the company in a report on Friday, May 9th. Finally, The Goldman Sachs Group boosted their price objective on Marriott Vacations Worldwide from $48.00 to $55.00 and gave the company a “sell” rating in a research report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $92.25.

Insider Buying and Selling at Marriott Vacations Worldwide

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

Marriott Vacations Worldwide Stock Down 0.7%

NYSE:VAC opened at $70.07 on Wednesday. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53. Marriott Vacations Worldwide Co. has a 52-week low of $49.22 and a 52-week high of $100.32. The company has a market cap of $2.42 billion, a PE ratio of 13.35, a PEG ratio of 0.67 and a beta of 1.42. The stock has a 50-day simple moving average of $60.75 and a 200 day simple moving average of $78.14.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.10. Marriott Vacations Worldwide had a return on equity of 10.89% and a net margin of 4.20%. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the previous year, the firm earned $1.80 EPS. The business’s quarterly revenue was up .4% on a year-over-year basis. On average, sell-side 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 disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be given a $0.79 dividend. This represents a $3.16 annualized dividend and a dividend yield of 4.51%. The ex-dividend date of this dividend is Friday, May 23rd. Marriott Vacations Worldwide’s payout ratio is presently 53.92%.

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.