Captrust Financial Advisors Buys Shares of 4,903 Marriott Vacations Worldwide Co. (NYSE:VAC)

Captrust Financial Advisors acquired a new position in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 4,903 shares of the company's stock, valued at approximately $440,000.

Other institutional investors also recently added to or reduced their stakes in the company. Pacer Advisors Inc. lifted its position in shares of Marriott Vacations Worldwide by 2.7% during the fourth quarter. Pacer Advisors Inc. now owns 6,404 shares of the company's stock valued at $575,000 after buying an additional 166 shares during the last quarter. Xponance Inc. lifted its position 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 acquiring an additional 221 shares during the last quarter. Blue Trust Inc. boosted its stake in Marriott Vacations Worldwide by 130.7% in the fourth quarter. Blue Trust Inc. now owns 533 shares of the company's stock valued at $48,000 after acquiring an additional 302 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in 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 acquiring an additional 455 shares in the last quarter. Finally, KBC Group NV grew its holdings in Marriott Vacations Worldwide by 51.5% in the fourth quarter. KBC Group NV now owns 1,460 shares of the company's stock worth $131,000 after purchasing an additional 496 shares during the last quarter. Institutional investors own 89.52% of the company's stock.

Marriott Vacations Worldwide Stock Down 1.7%

Shares of VAC stock opened at $70.48 on Tuesday. Marriott Vacations Worldwide Co. has a fifty-two week low of $49.22 and a fifty-two week high of $100.32. The firm has a market capitalization of $2.43 billion, a PE ratio of 13.42, a P/E/G ratio of 0.67 and a beta of 1.42. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53. The stock's 50-day simple moving average is $60.67 and its 200-day simple moving average is $78.19.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.10. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the company earned $1.80 EPS. Marriott Vacations Worldwide's quarterly revenue was up .4% on a year-over-year basis. Equities analysts expect that Marriott Vacations Worldwide Co. will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

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 is Friday, May 23rd. This represents a $3.16 dividend on an annualized basis and a yield of 4.48%. Marriott Vacations Worldwide's dividend payout ratio is presently 53.92%.

Insider Buying and Selling at Marriott Vacations Worldwide

In related news, insider Stephanie Sobeck Butera purchased 650 shares of the firm's stock in a transaction on Thursday, March 6th. The stock was bought 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 owns 8,770 shares of the company's stock, valued at $628,458.20. The trade was a 8.00% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. 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. Truist Financial decreased their price target on 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. Stifel Nicolaus lowered their price target on Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating for the company in a report on Thursday, February 27th. Mizuho dropped their price target on Marriott Vacations Worldwide from $112.00 to $105.00 and set an "outperform" rating on the stock in a research note on Friday, May 9th. Finally, Barclays cut their price objective on shares of Marriott Vacations Worldwide from $97.00 to $88.00 and set an "overweight" rating on the stock in a report on Monday, May 12th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $92.25.

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.

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