Ananym Capital Management LP Invests $21.99 Million in Marriott Vacations Worldwide Co. (NYSE:VAC)

Ananym Capital Management LP bought a new stake in Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 244,842 shares of the company's stock, valued at approximately $21,987,000. Marriott Vacations Worldwide accounts for 13.3% of Ananym Capital Management LP's investment portfolio, making the stock its 3rd biggest position. Ananym Capital Management LP owned 0.70% of Marriott Vacations Worldwide as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of VAC. Virtu Financial LLC acquired a new stake in shares of Marriott Vacations Worldwide during the 3rd quarter worth $245,000. Wilmington Savings Fund Society FSB bought a new stake in Marriott Vacations Worldwide in the 3rd quarter valued at about $97,000. Tidal Investments LLC increased its holdings in shares of Marriott Vacations Worldwide by 6.1% during the third quarter. Tidal Investments LLC now owns 8,098 shares of the company's stock valued at $595,000 after purchasing an additional 464 shares during the period. Nordea Investment Management AB increased its position in shares of Marriott Vacations Worldwide by 6.5% during the 4th quarter. Nordea Investment Management AB now owns 28,141 shares of the company's stock valued at $2,549,000 after purchasing an additional 1,715 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its holdings in shares of Marriott Vacations Worldwide by 1.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 66,847 shares of the company's stock valued at $6,003,000 after purchasing an additional 662 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on VAC shares. Truist Financial lowered their price objective on Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Mizuho upped their price objective 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. The Goldman Sachs Group reduced 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. Barclays dropped their price objective on 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. Finally, Morgan Stanley upgraded shares of Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and cut their price target for the stock from $67.00 to $57.00 in a report on Tuesday, April 22nd. One investment 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. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $94.38.

Insider Buying and Selling

In other news, insider Stephanie Sobeck Butera bought 650 shares of the stock in a transaction dated Thursday, March 6th. The shares were bought at an average cost of $71.66 per share, with a total value 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 acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.60% of the stock is currently owned by corporate insiders.

Marriott Vacations Worldwide Stock Performance

Shares of Marriott Vacations Worldwide stock traded up $6.78 during trading on Thursday, hitting $64.98. 469,101 shares of the stock were exchanged, compared to its average volume of 446,309. Marriott Vacations Worldwide Co. has a 12 month low of $49.22 and a 12 month high of $102.39. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53. The stock has a market cap of $2.25 billion, a PE ratio of 12.38, a P/E/G ratio of 0.67 and a beta of 1.42. The stock's fifty day moving average is $60.92 and its 200 day moving average is $78.66.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $1.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.56 by $0.10. Marriott Vacations Worldwide had a return on equity of 10.89% and a net margin of 4.20%. The firm had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.21 billion. During the same quarter last year, the firm earned $1.80 earnings per share. The business's revenue for the quarter was up .4% on a year-over-year basis. As a group, sell-side analysts anticipate that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently declared 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 annualized dividend and a dividend yield of 4.86%. The ex-dividend date was Wednesday, March 5th. Marriott Vacations Worldwide's dividend payout ratio is 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.