Fox Run Management L.L.C. Makes New Investment in Marriott Vacations Worldwide Co. (NYSE:VAC)

Fox Run Management L.L.C. purchased a new position in Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 6,231 shares of the company's stock, valued at approximately $560,000.

Other large investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its stake in shares of Marriott Vacations Worldwide by 2.0% during 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 in the last quarter. Hotchkis & Wiley Capital Management LLC increased its stake in Marriott Vacations Worldwide by 18.0% during 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. raised its holdings in shares of 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 valued at $33,044,000 after acquiring an additional 3,580 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Marriott Vacations Worldwide by 2.6% during the fourth 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 during the last quarter. Finally, Cibc World Market Inc. lifted its position in shares of Marriott Vacations Worldwide by 251.3% in the fourth 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 in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

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Marriott Vacations Worldwide Trading Down 1.1 %

VAC traded down $0.71 during trading hours on Friday, reaching $66.03. The company's stock had a trading volume of 548,877 shares, compared to its average volume of 427,113. The stock has a market cap of $2.31 billion, a PE ratio of 12.58, a P/E/G ratio of 0.67 and a beta of 1.83. Marriott Vacations Worldwide Co. has a fifty-two week low of $63.46 and a fifty-two week high of $108.32. 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 business's 50-day moving average is $78.74 and its 200-day moving average is $82.52.

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

Marriott Vacations Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were given a dividend of $0.79 per share. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 4.79%. Marriott Vacations Worldwide's payout ratio is currently 56.23%.

Insider Buying and Selling at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, insider Stephanie Sobeck Butera bought 650 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The shares were purchased at an average cost of $71.66 per share, with a total value of $46,579.00. Following the purchase, the insider now directly owns 8,770 shares in the company, valued at approximately $628,458.20. This represents a 8.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Barclays dropped their price target on Marriott Vacations Worldwide from $116.00 to $97.00 and set an "overweight" rating for the company in a research report on Friday, February 28th. Morgan Stanley started coverage on shares of Marriott Vacations Worldwide in a research report on Monday, January 6th. They issued an "underweight" rating and a $87.00 target price for the company. Truist Financial lowered their price target on shares of Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Stifel Nicolaus decreased their target price on shares of Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating on the stock in a research note on Thursday, February 27th. Finally, The Goldman Sachs Group upped their price target on Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a "sell" rating in a research report on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $102.75.

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.