6,231 Shares in Marriott Vacations Worldwide Co. (NYSE:VAC) Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new stake in shares of Marriott Vacations Worldwide Co. (NYSE:VAC) in the 4th quarter, Holdings Channel.com reports. The firm purchased 6,231 shares of the company’s stock, valued at approximately $560,000.

A number of other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. increased its position in Marriott Vacations Worldwide by 2.0% in the fourth quarter. Principal Financial Group Inc. now owns 1,181,961 shares of the company’s stock worth $106,140,000 after purchasing an additional 23,380 shares during the last quarter. Hotchkis & Wiley Capital Management LLC grew its stake in shares of Marriott Vacations Worldwide by 18.0% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 1,102,774 shares of the company’s stock worth $81,032,000 after buying an additional 168,130 shares in the last quarter. New South Capital Management Inc. increased its holdings in shares of Marriott Vacations Worldwide by 1.0% in the 4th 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 during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Marriott Vacations Worldwide by 2.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 255,947 shares of the company’s stock valued at $22,984,000 after buying an additional 6,516 shares in the last quarter. Finally, Cibc World Market Inc. lifted its holdings in shares of Marriott Vacations Worldwide by 251.3% in the 4th quarter. Cibc World Market Inc. now owns 133,372 shares of the company’s stock valued at $11,977,000 after acquiring an additional 95,409 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on VAC shares. Morgan Stanley began coverage on 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. Stifel Nicolaus decreased their price target on Marriott Vacations Worldwide from $112.00 to $108.00 and set a “buy” rating on the stock in a report on Thursday, February 27th. Mizuho lifted their price objective on shares of Marriott Vacations Worldwide from $117.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 25th. Barclays cut their price objective on shares of 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. Finally, Truist Financial lowered their target price on shares of Marriott Vacations Worldwide from $142.00 to $140.00 and set a “buy” rating for the company in a report on Friday, March 7th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $102.75.

Marriott Vacations Worldwide Trading Up 2.0 %

NYSE VAC opened at $67.20 on Tuesday. The stock has a market cap of $2.35 billion, a PE ratio of 12.80, a PEG ratio of 0.67 and a beta of 1.83. Marriott Vacations Worldwide Co. has a 12 month low of $63.46 and a 12 month high of $108.57. The company’s 50-day moving average price is $80.25 and its 200-day moving average price is $82.81. The company has a current ratio of 3.53, a quick ratio of 2.86 and a debt-to-equity ratio of 2.19.

Marriott Vacations Worldwide (NYSE:VAC) last issued 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 net margin of 4.20% and a return on equity of 10.89%. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.24 billion. Equities research analysts forecast that Marriott Vacations Worldwide Co. will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were given a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a yield of 4.70%. The ex-dividend date was Wednesday, March 5th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently 56.23%.

Insiders Place Their Bets

In other Marriott Vacations Worldwide news, insider Stephanie Sobeck Butera purchased 650 shares of Marriott Vacations Worldwide stock in a transaction dated 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 acquisition, the insider now owns 8,770 shares in the company, valued at $628,458.20. This trade represents a 8.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.70% of the company’s stock.

Marriott Vacations Worldwide Company 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.