8,171 Shares in Marriott Vacations Worldwide Co. (NYSE:VAC) Acquired by Dark Forest Capital Management LP

Dark Forest 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 disclosure with the SEC. The firm bought 8,171 shares of the company's stock, valued at approximately $734,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Blue Trust Inc. lifted its position in shares of Marriott Vacations Worldwide by 130.7% during the 4th quarter. Blue Trust Inc. now owns 533 shares of the company's stock worth $48,000 after buying an additional 302 shares during the last quarter. Family Office Research LLC acquired a new position in Marriott Vacations Worldwide during the fourth quarter worth about $1,702,000. Norges Bank acquired a new stake in shares of Marriott Vacations Worldwide in the 4th quarter valued at approximately $31,677,000. Sanctuary Advisors LLC acquired a new stake in shares of Marriott Vacations Worldwide in the 3rd quarter valued at approximately $348,000. Finally, Fox Run Management L.L.C. bought a new stake in shares of Marriott Vacations Worldwide during the 4th quarter valued at approximately $560,000. Institutional investors own 89.52% of the company's stock.

Insider Buying and Selling at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, insider Stephanie Sobeck Butera acquired 650 shares of Marriott Vacations Worldwide stock in a transaction on Thursday, March 6th. The stock was purchased at an average price of $71.66 per share, for a total transaction of $46,579.00. Following the purchase, 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 transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.60% of the company's stock.

Marriott Vacations Worldwide Stock Down 2.7 %

Shares of NYSE VAC traded down $1.49 during midday trading on Wednesday, hitting $54.41. 66,113 shares of the stock traded hands, compared to its average volume of 441,734. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53. Marriott Vacations Worldwide Co. has a one year low of $49.22 and a one year high of $103.46. The business has a 50 day moving average price of $63.90 and a two-hundred day moving average price of $79.50. The company has a market cap of $1.88 billion, a PE ratio of 10.34, a P/E/G ratio of 0.67 and a beta of 1.66.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last released its quarterly earnings data 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. The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.24 billion. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. On average, equities analysts predict that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were given a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 5.81%. The ex-dividend date of this dividend was Wednesday, March 5th. Marriott Vacations Worldwide's payout ratio is currently 56.23%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on VAC shares. Truist Financial cut their target price on shares of 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. Stifel Nicolaus cut their price objective on Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating on the stock in a report on Thursday, February 27th. Barclays lowered their target price on Marriott Vacations Worldwide from $116.00 to $97.00 and set an "overweight" rating for the company in a report on Friday, February 28th. Morgan Stanley raised Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and cut their price target for the company from $67.00 to $57.00 in a research note on Tuesday, April 22nd. Finally, Mizuho upped their price objective on Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an "outperform" rating in a research note on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Marriott Vacations Worldwide currently has an average rating of "Moderate Buy" and an average price target of $94.38.

Marriott Vacations Worldwide Company 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.