Ananym Capital Management LP Makes New Investment in Marriott Vacations Worldwide Co. (NYSE:VAC)

Ananym Capital Management LP purchased a new position in Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 244,842 shares of the company's stock, valued at approximately $21,987,000. Marriott Vacations Worldwide makes up 12.0% of Ananym Capital Management LP's holdings, making the stock its 4th largest holding. Ananym Capital Management LP owned 0.70% of Marriott Vacations Worldwide as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Blue Trust Inc. lifted its holdings in shares of Marriott Vacations Worldwide by 130.7% in the 4th quarter. Blue Trust Inc. now owns 533 shares of the company's stock valued at $48,000 after acquiring an additional 302 shares during the last quarter. Brown Lisle Cummings Inc. bought a new position in shares of Marriott Vacations Worldwide in the 4th quarter valued at about $50,000. True Wealth Design LLC lifted its holdings in shares of Marriott Vacations Worldwide by 35.2% in the 4th quarter. True Wealth Design LLC now owns 595 shares of the company's stock valued at $53,000 after acquiring an additional 155 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in Marriott Vacations Worldwide in the fourth quarter worth about $89,000. Finally, Atala Financial Inc bought a new stake in Marriott Vacations Worldwide in the fourth quarter worth about $112,000. Hedge funds and other institutional investors own 89.52% of the company's stock.

Insiders Place Their Bets

In other news, insider Stephanie Sobeck Butera acquired 650 shares of the firm's stock in a transaction on Thursday, March 6th. The stock was acquired at an average price of $71.66 per share, for a total transaction of $46,579.00. Following the completion of the transaction, the insider now owns 8,770 shares in the company, valued at approximately $628,458.20. The trade was a 8.00% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.60% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on VAC. The Goldman Sachs Group raised their price objective on shares of Marriott Vacations Worldwide from $48.00 to $55.00 and gave the stock a "sell" rating in a research note on Friday, May 9th. Morgan Stanley raised shares of Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and decreased their price target for the company from $67.00 to $57.00 in a research note on Tuesday, April 22nd. 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 price target on shares of Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Finally, Mizuho decreased their price target on shares of Marriott Vacations Worldwide from $112.00 to $105.00 and set an "outperform" rating for the company in a research note on Friday, May 9th. 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 stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $92.25.

Marriott Vacations Worldwide Stock Performance

NYSE VAC traded up $2.02 on Tuesday, reaching $67.78. 167,757 shares of the company's stock traded hands, compared to its average volume of 456,840. The firm has a market cap of $2.34 billion, a price-to-earnings ratio of 12.92, a P/E/G ratio of 0.67 and a beta of 1.42. The stock has a 50 day moving average price of $60.69 and a 200-day moving average price of $77.51. Marriott Vacations Worldwide Co. has a fifty-two week low of $49.22 and a fifty-two week high of $100.32. 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 (NYSE:VAC - Get Free Report) last posted its earnings results 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. The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.21 billion. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. The firm's quarterly revenue was up .4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.80 earnings per share. Equities research analysts predict that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 23rd will be given a dividend of $0.79 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $3.16 dividend on an annualized basis and a yield of 4.66%. Marriott Vacations Worldwide's dividend payout ratio is presently 53.92%.

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.