Trexquant Investment LP Purchases 72,136 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Trexquant Investment LP raised its holdings in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 342.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,204 shares of the company's stock after purchasing an additional 72,136 shares during the quarter. Trexquant Investment LP owned 0.27% of Marriott Vacations Worldwide worth $8,370,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Pacer Advisors Inc. lifted its stake in Marriott Vacations Worldwide by 2.7% during the 4th quarter. Pacer Advisors Inc. now owns 6,404 shares of the company's stock valued at $575,000 after acquiring an additional 166 shares in the last quarter. Stifel Financial Corp grew its position in shares of Marriott Vacations Worldwide by 3.4% during the 3rd quarter. Stifel Financial Corp now owns 5,596 shares of the company's stock valued at $411,000 after acquiring an additional 184 shares during the period. Xponance Inc. increased its position in Marriott Vacations Worldwide by 6.2% in the fourth quarter. Xponance Inc. now owns 3,809 shares of the company's stock worth $342,000 after buying an additional 221 shares during the last quarter. Blue Trust Inc. increased its holdings in Marriott Vacations Worldwide by 130.7% in the 4th 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, Quarry LP raised its position in shares of Marriott Vacations Worldwide by 81.6% in the third quarter. Quarry LP now owns 808 shares of the company's stock valued at $59,000 after purchasing an additional 363 shares during the period. Institutional investors and hedge funds own 89.52% of the company's stock.

Insider Buying and Selling

In other news, insider Stephanie Sobeck Butera purchased 650 shares of the business's stock in a transaction on Thursday, March 6th. The shares were acquired at an average price of $71.66 per share, with a total value of $46,579.00. Following the acquisition, the insider now directly owns 8,770 shares in the company, valued at approximately $628,458.20. The trade was a 8.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Morgan Stanley started coverage on Marriott Vacations Worldwide in a research report on Monday, January 6th. They set an "underweight" rating and a $87.00 target price on the stock. The Goldman Sachs Group upped their price target 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. Mizuho raised their price objective on shares of Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an "outperform" rating in a research report on Tuesday, February 25th. Stifel Nicolaus lowered their target price on shares of Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating on the stock in a research note on Thursday, February 27th. Finally, 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 research report on Friday, February 28th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $102.75.

Marriott Vacations Worldwide Price Performance

VAC stock traded up $8.36 during mid-day trading on Wednesday, hitting $59.22. 1,004,885 shares of the stock were exchanged, compared to its average volume of 432,785. The business has a fifty day moving average price of $72.88 and a 200 day moving average price of $81.49. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 11.28, a PEG ratio of 0.67 and a beta of 1.66. Marriott Vacations Worldwide Co. has a 12 month low of $49.22 and a 12 month high of $103.51. 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 (NYSE:VAC - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $1.86 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $1.24 billion. On average, sell-side analysts anticipate that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

The business also recently announced 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 annualized dividend and a yield of 5.34%. The ex-dividend date of this dividend was Wednesday, March 5th. Marriott Vacations Worldwide's dividend payout ratio is presently 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.