Dimensional Fund Advisors LP Acquires 116,854 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Dimensional Fund Advisors LP increased its position in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 6.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,883,197 shares of the company's stock after acquiring an additional 116,854 shares during the period. Dimensional Fund Advisors LP owned about 5.39% of Marriott Vacations Worldwide worth $169,110,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. lifted its position in shares of Marriott Vacations Worldwide by 2.7% during the 4th quarter. Pacer Advisors Inc. now owns 6,404 shares of the company's stock worth $575,000 after purchasing an additional 166 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of Marriott Vacations Worldwide by 3.4% during the third quarter. Stifel Financial Corp now owns 5,596 shares of the company's stock worth $411,000 after buying an additional 184 shares during the last quarter. Xponance Inc. boosted its position in shares of Marriott Vacations Worldwide by 6.2% in the fourth quarter. Xponance Inc. now owns 3,809 shares of the company's stock valued at $342,000 after acquiring an additional 221 shares during the period. Blue Trust Inc. grew its stake in shares of Marriott Vacations Worldwide by 130.7% in the fourth quarter. Blue Trust Inc. now owns 533 shares of the company's stock worth $48,000 after acquiring an additional 302 shares during the last quarter. Finally, Venturi Wealth Management LLC increased its position in Marriott Vacations Worldwide by 40.7% during the fourth quarter. Venturi Wealth Management LLC now owns 1,572 shares of the company's stock worth $141,000 after acquiring an additional 455 shares during the period. Institutional investors and hedge funds own 89.52% of the company's stock.

Marriott Vacations Worldwide Price Performance

Shares of NYSE:VAC traded up $0.13 on Monday, hitting $55.80. The stock had a trading volume of 244,171 shares, compared to its average volume of 530,058. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 10.64, a price-to-earnings-growth ratio of 0.67 and a beta of 1.66. 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's 50 day moving average price is $65.24 and its 200-day moving average price is $79.79. Marriott Vacations Worldwide Co. has a twelve month low of $49.22 and a twelve month high of $103.46.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last released its quarterly earnings results 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 net margin of 4.20% and a return on equity of 10.89%. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.24 billion. On average, equities research analysts predict that Marriott Vacations Worldwide Co. will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were paid a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 5.66%. The ex-dividend date was Wednesday, March 5th. Marriott Vacations Worldwide's dividend payout ratio is currently 56.23%.

Insider Transactions at Marriott Vacations Worldwide

In related news, insider Stephanie Sobeck Butera acquired 650 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average price of $71.66 per share, for a total transaction of $46,579.00. Following the transaction, the insider now directly owns 8,770 shares of the company's stock, valued at approximately $628,458.20. This trade represents a 8.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on VAC. Barclays reduced their price target on shares of Marriott Vacations Worldwide from $116.00 to $97.00 and set an "overweight" rating for the company in a report on Friday, February 28th. Mizuho lifted their target price on Marriott Vacations Worldwide from $117.00 to $120.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 25th. Truist Financial reduced their price objective on Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating for the company in a research report on Friday, March 7th. The Goldman Sachs Group lowered their price objective on Marriott Vacations Worldwide from $78.00 to $48.00 and set a "sell" rating on the stock in a research report on Monday, April 14th. Finally, Stifel Nicolaus reduced their target price on Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating for the company in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $94.38.

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.