EMC Capital Management Reduces Position in Marriott Vacations Worldwide Co. (NYSE:VAC)

EMC Capital Management lessened its position in Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 79.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,338 shares of the company's stock after selling 5,092 shares during the quarter. EMC Capital Management's holdings in Marriott Vacations Worldwide were worth $120,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VAC. Creative Planning raised its holdings in shares of Marriott Vacations Worldwide by 13.3% in the 2nd quarter. Creative Planning now owns 9,648 shares of the company's stock valued at $842,000 after buying an additional 1,131 shares during the period. Quarry LP raised its holdings in shares of Marriott Vacations Worldwide by 368.4% in the 2nd quarter. Quarry LP now owns 445 shares of the company's stock valued at $39,000 after buying an additional 350 shares during the period. Coronation Fund Managers Ltd. raised its holdings in shares of Marriott Vacations Worldwide by 162.3% in the 2nd quarter. Coronation Fund Managers Ltd. now owns 37,117 shares of the company's stock valued at $3,241,000 after buying an additional 22,968 shares during the period. CWM LLC raised its holdings in shares of Marriott Vacations Worldwide by 97.9% in the 3rd quarter. CWM LLC now owns 5,391 shares of the company's stock valued at $396,000 after buying an additional 2,667 shares during the period. Finally, Inspire Investing LLC increased its holdings in Marriott Vacations Worldwide by 37.0% during the 3rd quarter. Inspire Investing LLC now owns 5,597 shares of the company's stock worth $411,000 after purchasing an additional 1,512 shares during the period. Hedge funds and other institutional investors own 89.52% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Stifel Nicolaus upped their price target on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. The Goldman Sachs Group upped their price target on Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a "sell" rating in a report on Tuesday, December 10th. 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. Barclays upgraded Marriott Vacations Worldwide from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $97.00 to $116.00 in a report on Friday, December 13th. Finally, StockNews.com upgraded Marriott Vacations Worldwide from a "sell" rating to a "hold" rating in a report on Friday, November 8th. Two analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Marriott Vacations Worldwide has a consensus rating of "Hold" and an average price target of $105.67.

Marriott Vacations Worldwide Stock Performance

Marriott Vacations Worldwide stock traded down $0.68 during mid-day trading on Tuesday, reaching $84.21. 101,784 shares of the company were exchanged, compared to its average volume of 301,786. Marriott Vacations Worldwide Co. has a twelve month low of $67.28 and a twelve month high of $108.57. The firm's 50-day simple moving average is $90.25 and its two-hundred day simple moving average is $82.43. 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 firm has a market cap of $2.94 billion, a PE ratio of 16.04, a price-to-earnings-growth ratio of 0.66 and a beta of 1.83.

Marriott Vacations Worldwide Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, December 19th were paid a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 3.75%. This is an increase from Marriott Vacations Worldwide's previous quarterly dividend of $0.76. The ex-dividend date was Thursday, December 19th. Marriott Vacations Worldwide's dividend payout ratio is 60.19%.

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.