Ieq Capital LLC Has $1.88 Million Position in Marriott Vacations Worldwide Co. (NYSE:VAC)

Ieq Capital LLC raised its position in Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 665.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 20,945 shares of the company's stock after acquiring an additional 18,208 shares during the period. Ieq Capital LLC owned about 0.06% of Marriott Vacations Worldwide worth $1,881,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of VAC. International Assets Investment Management LLC bought a new position in shares of Marriott Vacations Worldwide in the 3rd quarter valued at about $14,983,000. Wealth Enhancement Advisory Services LLC grew its stake in Marriott Vacations Worldwide by 31.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,837 shares of the company's stock valued at $576,000 after purchasing an additional 1,874 shares in the last quarter. J.W. Cole Advisors Inc. acquired a new position in shares of Marriott Vacations Worldwide during the 3rd quarter worth approximately $225,000. Semanteon Capital Management LP bought a new stake in shares of Marriott Vacations Worldwide during the 3rd quarter worth approximately $236,000. Finally, Nisa Investment Advisors LLC raised its stake in shares of Marriott Vacations Worldwide by 53.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 8,933 shares of the company's stock worth $663,000 after purchasing an additional 3,110 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on VAC shares. StockNews.com upgraded shares of Marriott Vacations Worldwide from a "sell" rating to a "hold" rating in a report on Friday, November 8th. Truist Financial upped their target price on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Morgan Stanley started coverage on Marriott Vacations Worldwide in a report on Monday, January 6th. They set an "underweight" rating and a $87.00 price target for the company. Stifel Nicolaus lowered their price target on Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating on the stock in a research report on Thursday. Finally, Mizuho raised their price objective on Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an "outperform" rating in a research report on Tuesday. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, Marriott Vacations Worldwide presently has an average rating of "Hold" and a consensus price target of $105.38.

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Marriott Vacations Worldwide Stock Performance

Shares of NYSE:VAC traded down $7.98 during trading on Thursday, reaching $77.40. 1,301,698 shares of the stock were exchanged, compared to its average volume of 421,355. The firm has a market cap of $2.70 billion, a PE ratio of 14.74, a PEG ratio of 0.67 and a beta of 1.83. 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 Co. has a 12 month low of $67.28 and a 12 month high of $108.57. The stock has a 50-day moving average price of $86.87 and a 200-day moving average price of $83.05.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $1.86 EPS for the quarter, beating analysts' consensus estimates 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 firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.24 billion. Research analysts expect that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be issued a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date of this dividend is Wednesday, March 5th. Marriott Vacations Worldwide's dividend payout ratio is currently 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.