18,956 Shares in Marriott Vacations Worldwide Co. (NYSE:VAC) Purchased by Family Office Research LLC

Family Office Research LLC purchased a new position in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,956 shares of the company's stock, valued at approximately $1,702,000. Marriott Vacations Worldwide makes up approximately 0.7% of Family Office Research LLC's holdings, making the stock its 22nd biggest holding. Family Office Research LLC owned approximately 0.05% of Marriott Vacations Worldwide at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. boosted its position in shares of Marriott Vacations Worldwide by 130.7% in the 4th quarter. Blue Trust Inc. now owns 533 shares of the company's stock worth $48,000 after purchasing an additional 302 shares in the last quarter. Brown Lisle Cummings Inc. acquired a new position in shares of Marriott Vacations Worldwide during the fourth quarter valued at about $50,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Marriott Vacations Worldwide in the 3rd quarter valued at approximately $97,000. Atala Financial Inc acquired a new stake in Marriott Vacations Worldwide in the 4th quarter worth approximately $112,000. Finally, KBC Group NV grew its position in Marriott Vacations Worldwide by 51.5% during the 4th quarter. KBC Group NV now owns 1,460 shares of the company's stock worth $131,000 after purchasing an additional 496 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

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Marriott Vacations Worldwide Stock Down 1.6 %

Shares of VAC traded down $0.87 during midday trading on Tuesday, reaching $53.02. The stock had a trading volume of 317,837 shares, compared to its average volume of 434,571. The company has a debt-to-equity ratio of 2.19, a current ratio of 3.53 and a quick ratio of 2.86. The company's fifty day simple moving average is $71.02 and its two-hundred day simple moving average is $81.07. The company has a market cap of $1.83 billion, a price-to-earnings ratio of 10.10, a PEG ratio of 0.67 and a beta of 1.66. Marriott Vacations Worldwide Co. has a 1-year low of $49.22 and a 1-year high of $103.51.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.35. Marriott Vacations Worldwide had a return on equity of 10.89% and a net margin of 4.20%. The business had revenue of $1.33 billion during the quarter, compared to analysts' expectations of $1.24 billion. Equities research analysts expect that Marriott Vacations Worldwide Co. will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were paid a dividend of $0.79 per share. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $3.16 annualized dividend and a yield of 5.96%. Marriott Vacations Worldwide's dividend payout ratio is currently 56.23%.

Insider Transactions at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, insider Stephanie Sobeck Butera bought 650 shares of the firm's 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 completion of the purchase, the insider now 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.70% of the company's stock.

Analysts Set New Price Targets

A number of research firms have issued reports on VAC. Stifel Nicolaus decreased 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 report on Thursday, February 27th. Barclays lowered their target price on Marriott Vacations Worldwide from $116.00 to $97.00 and set an "overweight" rating on the stock in a research note on Friday, February 28th. Truist Financial cut their price objective 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. Morgan Stanley assumed coverage on Marriott Vacations Worldwide in a research report on Monday, January 6th. They set an "underweight" rating and a $87.00 target price on the stock. Finally, Mizuho boosted their price objective on Marriott Vacations Worldwide from $117.00 to $120.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Marriott Vacations Worldwide has an average rating of "Hold" and an average price target of $98.13.

About Marriott Vacations Worldwide

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.