Two Sigma Securities LLC Purchases Shares of 5,904 Marriott Vacations Worldwide Co. (NYSE:VAC)

Two Sigma Securities LLC acquired a new position in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,904 shares of the company's stock, valued at approximately $530,000.

A number of other large investors have also recently made changes to their positions in the stock. Pacer Advisors Inc. boosted its position in Marriott Vacations Worldwide by 2.7% in the fourth quarter. Pacer Advisors Inc. now owns 6,404 shares of the company's stock valued at $575,000 after buying an additional 166 shares during the last quarter. Stifel Financial Corp lifted its stake in 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. boosted its holdings in shares of Marriott Vacations Worldwide by 6.2% in the 4th 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 last quarter. Blue Trust Inc. increased 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 period. Finally, Venturi Wealth Management LLC lifted 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 valued at $141,000 after purchasing an additional 455 shares during the period. 89.52% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, insider Stephanie Sobeck Butera bought 650 shares of Marriott Vacations Worldwide stock in a transaction on Thursday, March 6th. The shares were bought at an average price of $71.66 per share, for a total transaction of $46,579.00. Following the completion of the transaction, the insider now directly owns 8,770 shares of the company's stock, valued at $628,458.20. This trade represents a 8.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Insiders own 1.60% of the company's stock.

Marriott Vacations Worldwide Price Performance

Marriott Vacations Worldwide stock opened at $55.71 on Friday. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 0.67 and a beta of 1.66. Marriott Vacations Worldwide Co. has a 52-week low of $49.22 and a 52-week high of $103.46. The company has a fifty day simple moving average of $65.24 and a 200-day simple moving average of $79.74. 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 (NYSE:VAC - Get Free Report) last issued its earnings results on Wednesday, February 26th. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.35. Marriott Vacations Worldwide had a return on equity of 10.89% and a net margin of 4.20%. The business had revenue of $1.33 billion for the quarter, compared to analysts' expectations of $1.24 billion. On average, equities analysts anticipate that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The business also recently announced 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 dividend yield of 5.67%. The ex-dividend date was Wednesday, March 5th. Marriott Vacations Worldwide's dividend payout ratio (DPR) is presently 56.23%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VAC. Mizuho upped their target price on Marriott Vacations Worldwide from $117.00 to $120.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 25th. Truist Financial decreased their target price on shares of Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Stifel Nicolaus decreased their price objective on shares of 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. The Goldman Sachs Group cut their price target on Marriott Vacations Worldwide from $78.00 to $48.00 and set a "sell" rating for the company in a research note on Monday, April 14th. Finally, Morgan Stanley raised Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and dropped their price objective for the company from $67.00 to $57.00 in a report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, Marriott Vacations Worldwide presently has a consensus rating of "Moderate Buy" and a consensus target price of $94.38.

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.

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