Marriott Vacations Worldwide Co. (NYSE:VAC) Shares Bought by Graham Capital Management L.P.

Graham Capital Management L.P. raised its position in Marriott Vacations Worldwide Co. (NYSE:VACFree Report) by 47.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,719 shares of the company’s stock after buying an additional 876 shares during the period. Graham Capital Management L.P.’s holdings in Marriott Vacations Worldwide were worth $274,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Jacobs Levy Equity Management Inc. lifted its stake in Marriott Vacations Worldwide by 260.3% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 13,931 shares of the company’s stock worth $1,402,000 after purchasing an additional 10,065 shares in the last quarter. Creative Planning lifted its stake in Marriott Vacations Worldwide by 15.6% in the 3rd quarter. Creative Planning now owns 6,679 shares of the company’s stock worth $672,000 after purchasing an additional 900 shares in the last quarter. Tudor Investment Corp Et Al lifted its stake in Marriott Vacations Worldwide by 5.6% in the 3rd quarter. Tudor Investment Corp Et Al now owns 90,505 shares of the company’s stock worth $9,108,000 after purchasing an additional 4,831 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Marriott Vacations Worldwide by 6.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 29,485 shares of the company’s stock worth $2,967,000 after purchasing an additional 1,908 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in Marriott Vacations Worldwide by 17.4% in the 3rd quarter. AQR Capital Management LLC now owns 270,129 shares of the company’s stock worth $27,183,000 after purchasing an additional 40,113 shares in the last quarter. 83.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently commented on VAC. Truist Financial lifted their price target on shares of Marriott Vacations Worldwide from $149.00 to $159.00 and gave the company a “buy” rating in a research report on Tuesday, March 5th. Jefferies Financial Group lifted their price target on shares of Marriott Vacations Worldwide from $90.00 to $92.00 and gave the company a “hold” rating in a research report on Tuesday, January 2nd. Barclays boosted their target price on Marriott Vacations Worldwide from $90.00 to $102.00 and gave the company an “equal weight” rating in a research report on Friday, February 23rd. JMP Securities boosted their target price on Marriott Vacations Worldwide from $105.00 to $115.00 and gave the company a “market outperform” rating in a research report on Monday, February 26th. Finally, JPMorgan Chase & Co. boosted their target price on Marriott Vacations Worldwide from $93.00 to $107.00 and gave the company a “neutral” rating in a research report on Friday, February 23rd. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $106.67.

Check Out Our Latest Stock Report on VAC

Marriott Vacations Worldwide Stock Performance

NYSE:VAC opened at $97.84 on Wednesday. The company has a fifty day simple moving average of $88.84 and a two-hundred day simple moving average of $88.93. The company has a market cap of $3.44 billion, a price-to-earnings ratio of 15.65 and a beta of 1.84. The company has a quick ratio of 2.64, a current ratio of 3.15 and a debt-to-equity ratio of 2.16. Marriott Vacations Worldwide Co. has a 52 week low of $72.78 and a 52 week high of $140.30.

Marriott Vacations Worldwide (NYSE:VACGet Free Report) last posted its quarterly earnings results on Wednesday, February 21st. The company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.80 by $0.08. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. Marriott Vacations Worldwide had a net margin of 5.37% and a return on equity of 13.21%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.74 earnings per share. As a group, equities analysts anticipate that Marriott Vacations Worldwide Co. will post 7.81 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Shareholders of record on Thursday, February 29th were paid a $0.76 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $3.04 annualized dividend and a dividend yield of 3.11%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is 48.64%.

Marriott Vacations Worldwide Profile

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Marriott Vacations Worldwide (NYSE:VAC)

Receive News & Ratings for Marriott Vacations Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott Vacations Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.