Quadrature Capital Ltd Sells 8,791 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Quadrature Capital Ltd lowered its stake in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 62.2% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 5,352 shares of the company's stock after selling 8,791 shares during the period. Quadrature Capital Ltd's holdings in Marriott Vacations Worldwide were worth $393,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VAC. True Wealth Design LLC bought a new position in shares of Marriott Vacations Worldwide in the 3rd quarter worth approximately $32,000. Quarry LP grew its holdings in Marriott Vacations Worldwide by 368.4% during the second quarter. Quarry LP now owns 445 shares of the company's stock valued at $39,000 after purchasing an additional 350 shares during the period. Capital Performance Advisors LLP purchased a new stake in Marriott Vacations Worldwide in the third quarter worth about $39,000. Allspring Global Investments Holdings LLC lifted its position in shares of Marriott Vacations Worldwide by 128.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 652 shares of the company's stock valued at $57,000 after buying an additional 366 shares in the last quarter. Finally, Innealta Capital LLC purchased a new stake in Marriott Vacations Worldwide in the 2nd quarter worth approximately $90,000. Hedge funds and other institutional investors own 89.52% of the company's stock.

Marriott Vacations Worldwide Price Performance

Shares of Marriott Vacations Worldwide stock traded up $0.89 during trading hours on Tuesday, reaching $96.39. The company's stock had a trading volume of 244,898 shares, compared to its average volume of 450,954. The company has a debt-to-equity ratio of 2.19, a current ratio of 3.53 and a quick ratio of 2.86. Marriott Vacations Worldwide Co. has a one year low of $67.28 and a one year high of $108.57. The firm has a 50 day moving average price of $85.16 and a 200-day moving average price of $82.01. The stock has a market cap of $3.36 billion, a P/E ratio of 18.20, a P/E/G ratio of 0.88 and a beta of 1.84.

Marriott Vacations Worldwide Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, December 19th will be paid a $0.79 dividend. This represents a $3.16 annualized dividend and a dividend yield of 3.28%. This is a positive change from Marriott Vacations Worldwide's previous quarterly dividend of $0.76. The ex-dividend date is Thursday, December 19th. Marriott Vacations Worldwide's dividend payout ratio (DPR) is presently 57.90%.

Insider Activity

In other Marriott Vacations Worldwide news, insider Jason P. Marino purchased 700 shares of Marriott Vacations Worldwide stock in a transaction dated Wednesday, September 11th. The shares were purchased at an average cost of $69.00 per share, for a total transaction of $48,300.00. Following the completion of the acquisition, the insider now owns 15,851 shares in the company, valued at $1,093,719. This represents a 4.62 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.30% of the company's stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Truist Financial lifted 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. The Goldman Sachs Group upped their target price on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a "sell" rating in a report on Tuesday. Stifel Nicolaus increased their price target on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Barclays boosted their price objective on Marriott Vacations Worldwide from $74.00 to $97.00 and gave the company an "equal weight" rating in a research report on Friday, November 8th. Finally, StockNews.com upgraded Marriott Vacations Worldwide from a "sell" rating to a "hold" rating in a research report on Friday, November 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, Marriott Vacations Worldwide presently has an average rating of "Hold" and an average target price of $104.11.

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.