Aquatic Capital Management LLC Sells 37,339 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Aquatic Capital Management LLC lessened its stake in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 71.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,061 shares of the company's stock after selling 37,339 shares during the period. Aquatic Capital Management LLC's holdings in Marriott Vacations Worldwide were worth $1,352,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Pacer Advisors Inc. increased its stake in shares of Marriott Vacations Worldwide by 2.7% during the 4th quarter. Pacer Advisors Inc. now owns 6,404 shares of the company's stock worth $575,000 after purchasing an additional 166 shares during the last quarter. Xponance Inc. grew its holdings in Marriott Vacations Worldwide by 6.2% during the fourth quarter. Xponance Inc. now owns 3,809 shares of the company's stock valued at $342,000 after purchasing an additional 221 shares during the period. Blue Trust Inc. increased its position in 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 buying an additional 302 shares during the last quarter. Venturi Wealth Management LLC raised its stake in shares of Marriott Vacations Worldwide by 40.7% in the fourth quarter. Venturi Wealth Management LLC now owns 1,572 shares of the company's stock valued at $141,000 after buying an additional 455 shares during the period. Finally, Tidal Investments LLC lifted its position in shares of Marriott Vacations Worldwide by 6.1% during the 3rd quarter. Tidal Investments LLC now owns 8,098 shares of the company's stock valued at $595,000 after buying an additional 464 shares during the last quarter. Institutional investors own 89.52% of the company's stock.

Insider Activity at Marriott Vacations Worldwide

In other news, insider Stephanie Sobeck Butera bought 650 shares of Marriott Vacations Worldwide stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average price of $71.66 per share, with a total value of $46,579.00. Following the completion of the purchase, the insider now directly owns 8,770 shares in the company, valued at $628,458.20. The trade was a 8.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 1.60% of the stock is currently owned by insiders.

Marriott Vacations Worldwide Price Performance

NYSE VAC traded up $0.05 on Monday, hitting $59.66. The stock had a trading volume of 73,086 shares, compared to its average volume of 529,360. The firm has a 50-day moving average of $62.19 and a 200-day moving average of $79.09. 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 52-week low of $49.22 and a 52-week high of $103.46. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 11.37, a price-to-earnings-growth ratio of 0.67 and a beta of 1.66.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.24 billion. Equities analysts expect that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were issued a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a dividend yield of 5.30%. The ex-dividend date was Wednesday, March 5th. Marriott Vacations Worldwide's payout ratio is 56.23%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on VAC shares. Truist Financial decreased their price objective on Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating for the company in a report on Friday, March 7th. Morgan Stanley raised shares of Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and lowered their price target for the company from $67.00 to $57.00 in a research report on Tuesday, April 22nd. Mizuho upped their price target on shares of Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an "outperform" rating in a research note on Tuesday, February 25th. Stifel Nicolaus reduced 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 note on Thursday, February 27th. Finally, The Goldman Sachs Group dropped their target price on Marriott Vacations Worldwide from $78.00 to $48.00 and set a "sell" rating on the stock in a research report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $94.38.

About Marriott Vacations Worldwide

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.