6 days Ago By ABMN Staff
Geode Capital Management LLC trimmed its stake in shares of Marriott Vacations Worldwide Co. ( NYSE:VAC – Free Report ) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC.
The firm owned 546,034 shares of the company’s stock after selling 6,514 shares during the quarter. Geode Capital Management LLC owned 1.56% of Marriott Vacations Worldwide worth $49,049,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. 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 during the period.
Arrowstreet Capital Limited Partnership boosted its stake in Marriott Vacations Worldwide by 45.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 475,938 shares of the company’s stock valued at $42,739,000 after buying an additional 148,457 shares during the period.
New South Capital Management Inc. grew its position in Marriott Vacations Worldwide by 1.0% during the fourth quarter.
New South Capital Management Inc. now owns 367,974 shares of the company’s stock worth $33,044,000 after buying an additional 3,580 shares in the last quarter. Norges Bank bought a new position in Marriott Vacations Worldwide in the 4th quarter worth about $31,677,000.
Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Marriott Vacations Worldwide by 2.6% in the 4th quarter.
Charles Schwab Investment Management Inc. now owns 255,947 shares of the company’s stock valued at $22,984,000 after acquiring an additional 6,516 shares in the last quarter. Hedge funds and other institutional investors own 89.
52% of the company’s stock. Marriott Vacations Worldwide Stock Up 0.7 % NYSE VAC opened at $53.
84 on Tuesday. Marriott Vacations Worldwide Co. has a 52 week low of $49.
22 and a 52 week high of $103.51. The company has a quick ratio of 2.
86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19.
The company has a market capitalization of $1.86 billion, a P/E ratio of 10.26, a price-to-earnings-growth ratio of 0.
67 and a beta of 1.66. The stock’s 50-day moving average price is $71.
02 and its 200-day moving average price is $81.07. Marriott Vacations Worldwide Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th.
Stockholders of record on Wednesday, March 5th were given a dividend of $0.79 per share. This represents a $3.
16 annualized dividend and a dividend yield of 5.87%. The ex-dividend date was Wednesday, March 5th.
Marriott Vacations Worldwide’s dividend payout ratio is 56.23%. Analysts Set New Price Targets A number of equities research analysts have weighed in on VAC shares.
Barclays lowered their price target on Marriott Vacations Worldwide from $116.00 to $97.00 and set an “overweight” rating on the stock in a research report on Friday, February 28th.
Morgan Stanley initiated coverage on shares of Marriott Vacations Worldwide in a research report on Monday, January 6th. They set an “underweight” rating and a $87.00 price target on the stock.
Mizuho upped their price objective on shares of Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday, February 25th.
Stifel Nicolaus lowered their price target on shares of Marriott Vacations Worldwide from $112.00 to $108.00 and set a “buy” rating for the company in a research note on Thursday, February 27th.
Finally, The Goldman Sachs Group decreased their price objective on Marriott Vacations Worldwide from $78.00 to $48.00 and set a “sell” rating on the stock in a report on Monday.
Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $98.
13. Get Our Latest Stock Report on VAC Insider Activity at Marriott Vacations Worldwide In other Marriott Vacations Worldwide news, insider Stephanie Sobeck Butera bought 650 shares of the company’s stock in a transaction on Thursday, March 6th. The stock was acquired at an average price of $71.
66 per share, for a total transaction of $46,579.00. Following the completion of the transaction, the insider now directly owns 8,770 shares of the company’s stock, valued at approximately $628,458.
20. This represents a 8.00 % increase in their ownership of the stock.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website . 1.70% of the stock is owned by insiders.
Marriott Vacations Worldwide Profile ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding VAC? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Marriott Vacations Worldwide Co. ( NYSE:VAC – Free Report ). Receive News & Ratings for Marriott Vacations Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott Vacations Worldwide and related companies with MarketBeat.
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