Captrust Financial Advisors Makes New $440,000 Investment in Marriott Vacations Worldwide Co. (NYSE:VAC)

Captrust Financial Advisors 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 Securities and Exchange Commission (SEC). The fund bought 4,903 shares of the company's stock, valued at approximately $440,000.

A number of other institutional investors have also recently bought and sold shares of VAC. Norges Bank bought a new stake in Marriott Vacations Worldwide during the fourth quarter worth $31,677,000. AQR Capital Management LLC lifted its stake in shares of Marriott Vacations Worldwide by 47.2% in the 4th quarter. AQR Capital Management LLC now owns 765,480 shares of the company's stock valued at $68,510,000 after acquiring an additional 245,427 shares during the last quarter. Ananym Capital Management LP bought a new position in shares of Marriott Vacations Worldwide in the 4th quarter valued at $21,987,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Marriott Vacations Worldwide by 45.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 475,938 shares of the company's stock valued at $42,739,000 after acquiring an additional 148,457 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Marriott Vacations Worldwide by 6.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,883,197 shares of the company's stock valued at $169,110,000 after acquiring an additional 116,854 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VAC. Stifel Nicolaus dropped their price target on 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 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. Barclays decreased their price objective on Marriott Vacations Worldwide from $97.00 to $88.00 and set an "overweight" rating for the company in a report on Monday, May 12th. The Goldman Sachs Group increased their price objective on Marriott Vacations Worldwide from $48.00 to $55.00 and gave the company a "sell" rating in a report on Friday, May 9th. Finally, 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. 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's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $92.25.

Insiders Place Their Bets

In other news, insider Stephanie Sobeck Butera bought 650 shares of the company's stock in a transaction dated Thursday, March 6th. The shares were purchased at an average price of $71.66 per share, for a total transaction of $46,579.00. Following the completion of the purchase, the insider now owns 8,770 shares in the company, valued at approximately $628,458.20. This represents a 8.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.60% of the stock is currently owned by insiders.

Marriott Vacations Worldwide Stock Performance

Shares of VAC stock traded down $1.84 during trading hours on Friday, hitting $65.75. 494,281 shares of the company were exchanged, compared to its average volume of 457,932. Marriott Vacations Worldwide Co. has a 52-week low of $49.22 and a 52-week high of $100.32. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 12.52, a P/E/G ratio of 0.67 and a beta of 1.42. The company has a current ratio of 3.53, a quick ratio of 2.86 and a debt-to-equity ratio of 2.19. The firm has a fifty day simple moving average of $60.74 and a 200 day simple moving average of $77.72.

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 for the quarter, beating analysts' consensus estimates of $1.56 by $0.10. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.21 billion. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. Marriott Vacations Worldwide's revenue was up .4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.80 EPS. Research analysts predict 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 will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be paid a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 4.81%. The ex-dividend date is Friday, May 23rd. Marriott Vacations Worldwide's dividend payout ratio is presently 53.92%.

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.