Aquatic Capital Management LLC Trims Holdings in Marriott Vacations Worldwide Co. (NYSE:VAC)

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

Several other large investors also recently modified their holdings of VAC. Two Sigma Securities LLC acquired a new stake in Marriott Vacations Worldwide during the fourth quarter worth approximately $530,000. Fuller & Thaler Asset Management Inc. grew its position in shares of Marriott Vacations Worldwide by 5.7% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 1,378,561 shares of the company's stock worth $123,795,000 after buying an additional 74,956 shares during the period. T. Rowe Price Investment Management Inc. increased its stake in shares of Marriott Vacations Worldwide by 0.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 778,684 shares of the company's stock valued at $69,926,000 after acquiring an additional 7,046 shares in the last quarter. Dark Forest Capital Management LP acquired a new position in shares of Marriott Vacations Worldwide during the 4th quarter valued at $734,000. Finally, MetLife Investment Management LLC boosted its stake in Marriott Vacations Worldwide by 8.6% during the fourth quarter. MetLife Investment Management LLC now owns 18,151 shares of the company's stock worth $1,630,000 after acquiring an additional 1,438 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on VAC shares. Stifel Nicolaus decreased their price target 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. Truist Financial decreased their target price on Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating for the company in a research report on Friday, March 7th. The Goldman Sachs Group reduced their price objective 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. Morgan Stanley upgraded Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and decreased their price objective for the company from $67.00 to $57.00 in a report on Tuesday, April 22nd. Finally, Mizuho increased their target price on Marriott Vacations Worldwide from $117.00 to $120.00 and gave the stock an "outperform" rating in a report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $94.38.

Marriott Vacations Worldwide Stock Up 4.2 %

NYSE VAC traded up $2.39 on Friday, reaching $59.59. The company had a trading volume of 498,387 shares, compared to its average volume of 446,728. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19. The stock has a market capitalization of $2.06 billion, a P/E ratio of 11.35, a P/E/G ratio of 0.67 and a beta of 1.66. The company's fifty day moving average is $62.19 and its 200 day moving average is $79.10. Marriott Vacations Worldwide Co. has a 52-week low of $49.22 and a 52-week high of $103.46.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The company reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates of $1.51 by $0.35. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.24 billion. Sell-side analysts anticipate that Marriott Vacations Worldwide Co. will post 6.23 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

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

Insider Activity

In other Marriott Vacations Worldwide news, insider Stephanie Sobeck Butera acquired 650 shares of the company's stock in a transaction on Thursday, March 6th. The shares were acquired at an average cost of $71.66 per share, with a total value of $46,579.00. Following the completion of the acquisition, the insider now directly owns 8,770 shares in the company, valued at $628,458.20. This trade represents a 8.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.60% of the company's stock.

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.