Oak Thistle LLC Sells 3,457 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Oak Thistle LLC lessened its stake in Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 45.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,147 shares of the company's stock after selling 3,457 shares during the quarter. Oak Thistle LLC's holdings in Marriott Vacations Worldwide were worth $372,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VAC. True Wealth Design LLC acquired a new position in shares of Marriott Vacations Worldwide in the third quarter worth $32,000. Quarry LP grew its stake in Marriott Vacations Worldwide by 368.4% in the second quarter. Quarry LP now owns 445 shares of the company's stock valued at $39,000 after purchasing an additional 350 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in Marriott Vacations Worldwide in the 3rd quarter worth about $39,000. Venturi Wealth Management LLC raised its stake in shares of Marriott Vacations Worldwide by 6,881.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,117 shares of the company's stock worth $82,000 after purchasing an additional 1,101 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Marriott Vacations Worldwide during the 3rd quarter valued at about $97,000. Hedge funds and other institutional investors own 89.52% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Morgan Stanley initiated coverage on Marriott Vacations Worldwide in a report on Monday, January 6th. They issued an "underweight" rating and a $87.00 price objective on the stock. StockNews.com upgraded shares of Marriott Vacations Worldwide from a "sell" rating to a "hold" rating in a research note on Friday, November 8th. Truist Financial lifted their price objective on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Stifel Nicolaus increased 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. Finally, Mizuho boosted their price target on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 12th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $105.67.

Marriott Vacations Worldwide Stock Performance

VAC stock traded up $0.02 during mid-day trading on Friday, reaching $85.19. 189,129 shares of the stock traded hands, compared to its average volume of 340,038. The firm has a market capitalization of $2.97 billion, a PE ratio of 16.23, a P/E/G ratio of 0.63 and a beta of 1.84. The business has a 50-day moving average of $91.76 and a two-hundred day moving average of $82.36. Marriott Vacations Worldwide Co. has a 52 week low of $67.28 and a 52 week high of $108.57. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19.

Marriott Vacations Worldwide Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, December 19th were given a $0.79 dividend. This is an increase from Marriott Vacations Worldwide's previous quarterly dividend of $0.76. This represents a $3.16 annualized dividend and a yield of 3.71%. The ex-dividend date of this dividend was Thursday, December 19th. Marriott Vacations Worldwide's payout ratio is currently 60.19%.

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.