Free Trial

Fuller & Thaler Asset Management Inc. Buys 74,956 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Marriott Vacations Worldwide logo with Consumer Discretionary background

Fuller & Thaler Asset Management Inc. raised its position in Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 5.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,378,561 shares of the company's stock after acquiring an additional 74,956 shares during the period. Fuller & Thaler Asset Management Inc. owned approximately 3.95% of Marriott Vacations Worldwide worth $123,795,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its holdings in shares of Marriott Vacations Worldwide by 6.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,883,197 shares of the company's stock valued at $169,110,000 after purchasing an additional 116,854 shares in the last quarter. Principal Financial Group Inc. lifted 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 valued at $106,140,000 after buying an additional 23,380 shares during the period. T. Rowe Price Investment Management Inc. boosted its stake in Marriott Vacations Worldwide by 0.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 778,684 shares of the company's stock worth $69,926,000 after buying an additional 7,046 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Marriott Vacations Worldwide by 45.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 475,938 shares of the company's stock valued at $42,739,000 after buying an additional 148,457 shares during the period. Finally, New South Capital Management Inc. raised its holdings in Marriott Vacations Worldwide by 1.0% in the fourth quarter. New South Capital Management Inc. now owns 367,974 shares of the company's stock valued at $33,044,000 after buying an additional 3,580 shares during the period. Hedge funds and other institutional investors own 89.52% of the company's stock.

Wall Street Analysts Forecast Growth

VAC has been the topic of a number of recent analyst reports. Morgan Stanley raised Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and cut their target price for the company from $67.00 to $57.00 in a research report on Tuesday. The Goldman Sachs Group decreased their price target on Marriott Vacations Worldwide from $78.00 to $48.00 and set a "sell" rating for the company in a research note on Monday, April 14th. Truist Financial reduced their target price on Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating for the company in a report on Friday, March 7th. Stifel Nicolaus dropped their price target on 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, Barclays reduced their price objective on shares of Marriott Vacations Worldwide from $116.00 to $97.00 and set an "overweight" rating for the company in a research note on Friday, February 28th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $94.38.

Check Out Our Latest Analysis on VAC

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 on Thursday, March 6th. The stock was bought at an average cost of $71.66 per share, with a total value of $46,579.00. Following the completion of the transaction, the insider now directly owns 8,770 shares of the company's stock, valued at approximately $628,458.20. The trade was a 8.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.60% of the company's stock.

Marriott Vacations Worldwide Stock Down 0.1 %

Shares of VAC traded down $0.07 during trading hours on Friday, reaching $55.71. The company's stock had a trading volume of 359,583 shares, compared to its average volume of 442,804. The company has a 50 day moving average of $65.24 and a two-hundred day moving average of $79.69. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of 10.61, a P/E/G 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 for the quarter, beating the consensus estimate of $1.51 by $0.35. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.24 billion. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. As a group, research analysts predict that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current fiscal 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 $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 5.67%. The ex-dividend date of this dividend was Wednesday, March 5th. Marriott Vacations Worldwide's payout ratio is currently 56.23%.

Marriott Vacations Worldwide Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Marriott Vacations Worldwide (NYSE:VAC)

Should You Invest $1,000 in Marriott Vacations Worldwide Right Now?

Before you consider Marriott Vacations Worldwide, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Marriott Vacations Worldwide wasn't on the list.

While Marriott Vacations Worldwide currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

7 Cybersecurity Stocks Outperforming the Market Right Now
Markets in Rally Mode: Will Earnings Keep It Going?
3 Tech Stocks to Buy Now—And 3 You’ll Regret Keeping

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines