Tidal Investments LLC Grows Stock Holdings in Marriott Vacations Worldwide Co. (NYSE:VAC)

Tidal Investments LLC grew its holdings in Marriott Vacations Worldwide Co. (NYSE:VAC) by 6.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,098 shares of the company’s stock after buying an additional 464 shares during the period. Tidal Investments LLC’s holdings in Marriott Vacations Worldwide were worth $595,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in VAC. Verity Asset Management Inc. raised its holdings in Marriott Vacations Worldwide by 3.1% during the 3rd quarter. Verity Asset Management Inc. now owns 4,303 shares of the company’s stock valued at $316,000 after buying an additional 131 shares during the period. Stifel Financial Corp grew its stake in shares of Marriott Vacations Worldwide by 3.4% during the third quarter. Stifel Financial Corp now owns 5,596 shares of the company’s stock valued at $411,000 after buying an additional 184 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in Marriott Vacations Worldwide by 5.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 4,251 shares of the company’s stock valued at $371,000 after acquiring an additional 216 shares during the period. Covestor Ltd grew its position in Marriott Vacations Worldwide by 32.3% in the 3rd quarter. Covestor Ltd now owns 1,372 shares of the company’s stock valued at $101,000 after acquiring an additional 335 shares during the last quarter. Finally, Quarry LP increased its stake in Marriott Vacations Worldwide by 368.4% in the second quarter. Quarry LP now owns 445 shares of the company’s stock worth $39,000 after purchasing an additional 350 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

VAC has been the subject of a number of research analyst reports. Truist Financial lifted their target price on Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. StockNews.com upgraded Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Friday, November 8th. The Goldman Sachs Group upped their price objective on Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a “sell” rating in a research note on Tuesday, December 10th. Stifel Nicolaus increased their target price on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Finally, Mizuho increased their price objective on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.22.

Marriott Vacations Worldwide Stock Up 0.2 %

Shares of VAC stock opened at $90.24 on Monday. Marriott Vacations Worldwide Co. has a fifty-two week low of $67.28 and a fifty-two week high of $108.57. The firm has a market capitalization of $3.15 billion, a PE ratio of 17.19, a P/E/G ratio of 0.87 and a beta of 1.84. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53. The stock’s 50-day simple moving average is $88.64 and its 200-day simple moving average is $82.20.

Marriott Vacations Worldwide Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, December 19th will be given a dividend of $0.79 per share. The ex-dividend date is Thursday, December 19th. This is a positive change from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. This represents a $3.16 dividend on an annualized basis and a yield of 3.50%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) 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.