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

Landscape Capital Management L.L.C. acquired a new stake in Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 47,120 shares of the company's stock, valued at approximately $4,231,000. Landscape Capital Management L.L.C. owned 0.13% of Marriott Vacations Worldwide at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Blue Trust Inc. raised its stake 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 valued at $48,000 after acquiring an additional 302 shares during the period. Sanctuary Advisors LLC acquired a new stake in Marriott Vacations Worldwide in the 3rd quarter valued at approximately $348,000. Fox Run Management L.L.C. acquired a new position in Marriott Vacations Worldwide during the fourth quarter worth $560,000. Norges Bank acquired a new position in Marriott Vacations Worldwide during the fourth quarter worth $31,677,000. Finally, Cibc World Market Inc. boosted its position in shares of Marriott Vacations Worldwide by 251.3% during the fourth quarter. Cibc World Market Inc. now owns 133,372 shares of the company's stock worth $11,977,000 after buying an additional 95,409 shares during the period. Institutional investors and hedge funds own 89.52% of the company's stock.

Insider Activity 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 dated Thursday, March 6th. The stock was acquired at an average cost of $71.66 per share, with a total value of $46,579.00. Following the purchase, the insider now owns 8,770 shares in the company, valued at approximately $628,458.20. This represents a 8.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.70% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

VAC has been the topic of several research reports. Truist Financial reduced 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. Morgan Stanley assumed coverage on shares of Marriott Vacations Worldwide in a research note on Monday, January 6th. They issued an "underweight" rating and a $87.00 price target for the company. Barclays reduced their price objective 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. 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. Finally, Stifel Nicolaus decreased their price objective on Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating for the company in a research note on Thursday, February 27th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $102.75.

Marriott Vacations Worldwide Stock Down 2.4 %

VAC traded down $1.24 on Wednesday, reaching $49.62. The company's stock had a trading volume of 265,369 shares, compared to its average volume of 429,114. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 9.44, a P/E/G ratio of 0.67 and a beta of 1.66. Marriott Vacations Worldwide Co. has a fifty-two week low of $49.21 and a fifty-two week high of $104.49. 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 stock has a 50 day moving average of $74.03 and a two-hundred day moving average of $81.76.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its earnings results on Wednesday, February 26th. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.35. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. The business had revenue of $1.33 billion during the quarter, compared to analysts' expectations of $1.24 billion. As a group, analysts forecast that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current fiscal 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 issued a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 6.37%. The ex-dividend date of this dividend was Wednesday, March 5th. Marriott Vacations Worldwide's dividend payout ratio is currently 56.23%.

Marriott Vacations Worldwide Profile

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.