Savant Capital LLC Decreases Stock Position in Marriott Vacations Worldwide Co. (NYSE:VAC)

Savant Capital LLC cut its holdings in Marriott Vacations Worldwide Co. (NYSE:VAC) by 1.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 144,499 shares of the company’s stock after selling 1,722 shares during the quarter. Savant Capital LLC’s holdings in Marriott Vacations Worldwide were worth $12,976,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. True Wealth Design LLC purchased a new stake in Marriott Vacations Worldwide in the third quarter valued at about $32,000. Capital Performance Advisors LLP purchased a new stake in Marriott Vacations Worldwide in the third quarter valued at about $39,000. Blue Trust Inc. raised its stake in Marriott Vacations Worldwide by 130.7% in the fourth quarter. Blue Trust Inc. now owns 533 shares of the company’s stock valued at $48,000 after buying an additional 302 shares during the last quarter. Brown Lisle Cummings Inc. acquired a new position in shares of Marriott Vacations Worldwide in the fourth quarter valued at about $50,000. Finally, Quarry LP increased its holdings 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. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Marriott Vacations Worldwide Stock Down 1.6 %

Marriott Vacations Worldwide stock opened at $84.10 on Tuesday. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of 16.02, a price-to-earnings-growth ratio of 0.66 and a beta of 1.83. Marriott Vacations Worldwide Co. has a 52 week low of $67.28 and a 52 week high of $108.57. The business’s 50-day moving average price is $89.01 and its 200 day moving average price is $82.38. 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 disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, December 19th were issued a $0.79 dividend. This is a positive change from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. This represents a $3.16 annualized dividend and a yield of 3.76%. The ex-dividend date of this dividend was Thursday, December 19th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently 60.19%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Truist Financial increased their price objective on Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Mizuho increased their price objective on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. Barclays raised Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $97.00 to $116.00 in a report on Friday, December 13th. Stifel Nicolaus increased their price objective on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, StockNews.com raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Friday, November 8th. 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 stock. According to MarketBeat.com, Marriott Vacations Worldwide presently has an average rating of “Hold” and an average target price of $105.67.

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.