Marriott Vacations Worldwide Co. (NYSE:VAC) Shares Acquired by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. grew its stake in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 45.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 97,411 shares of the company's stock after acquiring an additional 30,564 shares during the quarter. Harbor Capital Advisors Inc. owned about 0.28% of Marriott Vacations Worldwide worth $6,258,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its stake in shares of Marriott Vacations Worldwide by 6.6% during 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. Fuller & Thaler Asset Management Inc. increased its stake 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 valued at $123,795,000 after acquiring an additional 74,956 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Marriott Vacations Worldwide by 2.0% during the 4th quarter. Principal Financial Group Inc. now owns 1,181,961 shares of the company's stock valued at $106,140,000 after acquiring an additional 23,380 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in shares of Marriott Vacations Worldwide by 0.9% during 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 during the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of Marriott Vacations Worldwide by 47.2% during 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. Institutional investors and hedge funds own 89.52% of the company's stock.

Marriott Vacations Worldwide Stock Down 0.5%

Shares of Marriott Vacations Worldwide stock traded down $0.36 on Thursday, hitting $67.04. 308,009 shares of the company's stock traded hands, compared to its average volume of 455,377. The stock has a market cap of $2.32 billion, a P/E ratio of 12.77, a PEG ratio of 0.67 and a beta of 1.46. 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 firm's 50-day moving average is $61.52 and its 200 day moving average is $75.37. Marriott Vacations Worldwide Co. has a 52-week low of $49.22 and a 52-week high of $100.32.

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

Marriott Vacations Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 23rd were given a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a dividend yield of 4.71%. The ex-dividend date of this dividend was Friday, May 23rd. Marriott Vacations Worldwide's dividend payout ratio is currently 53.92%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Truist Financial dropped their price objective 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. Mizuho decreased their price target on Marriott Vacations Worldwide from $112.00 to $105.00 and set an "outperform" rating for the company in a report on Friday, May 9th. Stifel Nicolaus decreased 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. Barclays decreased their price target 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. Finally, The Goldman Sachs Group upped their price target on Marriott Vacations Worldwide from $48.00 to $55.00 and gave the stock a "sell" rating in a report on Friday, May 9th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has an average 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.