Van Berkom & Associates Inc. Sells 417,083 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Van Berkom & Associates Inc. decreased its holdings in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 53.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 366,614 shares of the company's stock after selling 417,083 shares during the period. Van Berkom & Associates Inc. owned 1.05% of Marriott Vacations Worldwide worth $32,922,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Verity Asset Management Inc. raised its holdings in Marriott Vacations Worldwide by 3.1% in the 3rd quarter. Verity Asset Management Inc. now owns 4,303 shares of the company's stock worth $316,000 after acquiring an additional 131 shares during the last quarter. Pacer Advisors Inc. raised its stake in shares of Marriott Vacations Worldwide by 2.7% in the fourth 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 valued at $411,000 after purchasing an additional 184 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Marriott Vacations Worldwide by 130.7% during the fourth quarter. Blue Trust Inc. now owns 533 shares of the company's stock valued at $48,000 after buying an additional 302 shares during the last quarter. Finally, Covestor Ltd raised its position in Marriott Vacations Worldwide by 32.3% in the 3rd quarter. Covestor Ltd now owns 1,372 shares of the company's stock worth $101,000 after buying an additional 335 shares during the last quarter. Institutional investors own 89.52% of the company's stock.

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Marriott Vacations Worldwide Stock Performance

NYSE:VAC traded down $0.77 during mid-day trading on Tuesday, hitting $85.93. 189,786 shares of the company traded hands, compared to its average volume of 372,343. 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's fifty day moving average price is $87.11 and its 200-day moving average price is $82.93. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 16.36, a price-to-earnings-growth ratio of 0.67 and a beta of 1.83. Marriott Vacations Worldwide Co. has a one year low of $67.28 and a one year high of $108.57.

Marriott Vacations Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be issued a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend is Wednesday, March 5th. Marriott Vacations Worldwide's dividend payout ratio is 60.19%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on VAC. Truist Financial raised their price target 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. Stifel Nicolaus lifted their target price on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Mizuho boosted their target price on shares of Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an "outperform" rating in a research note on Tuesday. Morgan Stanley assumed coverage on Marriott Vacations Worldwide in a research note on Monday, January 6th. They issued an "underweight" rating and a $87.00 price target on the stock. Finally, The Goldman Sachs Group upped their price objective 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 research analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $105.88.

Marriott Vacations Worldwide Company 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.