Marriott Vacations Worldwide Corporation $VAC Holdings Trimmed by Deutsche Bank AG

Deutsche Bank AG lowered its position in shares of Marriott Vacations Worldwide Corporation (NYSE:VAC - Free Report) by 98.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,677 shares of the company's stock after selling 5,184,724 shares during the quarter. Deutsche Bank AG owned 0.23% of Marriott Vacations Worldwide worth $5,118,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in Marriott Vacations Worldwide by 6.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,883,197 shares of the company's stock valued at $169,110,000 after buying an additional 116,854 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in Marriott Vacations Worldwide by 5.7% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 1,378,561 shares of the company's stock valued at $123,795,000 after buying an additional 74,956 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in Marriott Vacations Worldwide by 0.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 778,684 shares of the company's stock valued at $69,926,000 after buying an additional 7,046 shares in the last quarter. AQR Capital Management LLC boosted its stake in Marriott Vacations Worldwide by 47.2% during the fourth quarter. AQR Capital Management LLC now owns 765,480 shares of the company's stock valued at $68,510,000 after buying an additional 245,427 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new position in Marriott Vacations Worldwide during the fourth quarter valued at about $37,974,000. Institutional investors own 89.52% of the company's stock.

Insider Buying and Selling at Marriott Vacations Worldwide

In other news, Director Christian Asmar purchased 337,551 shares of the business's stock in a transaction dated Wednesday, June 18th. The stock was bought at an average cost of $68.11 per share, with a total value of $22,990,598.61. Following the purchase, the director directly owned 4,045,984 shares of the company's stock, valued at approximately $275,571,970.24. This trade represents a 9.10% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.60% of the stock is owned by company insiders.

Marriott Vacations Worldwide Stock Down 0.5%

Shares of Marriott Vacations Worldwide stock opened at $75.03 on Monday. The stock has a 50-day moving average price of $75.45 and a 200 day moving average price of $70.56. The company has a market cap of $2.60 billion, a P/E ratio of 11.28, a P/E/G ratio of 1.10 and a beta of 1.49. The company has a current ratio of 3.55, a quick ratio of 2.90 and a debt-to-equity ratio of 2.17. Marriott Vacations Worldwide Corporation has a 1 year low of $49.22 and a 1 year high of $100.32.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.72 by $0.24. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.22 billion. Marriott Vacations Worldwide had a return on equity of 11.74% and a net margin of 5.10%. The business's revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.10 EPS. As a group, analysts expect that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current fiscal year.

Analysts Set New Price Targets

VAC has been the subject of several research reports. Stifel Nicolaus set a $101.00 target price on Marriott Vacations Worldwide and gave the company a "buy" rating in a report on Tuesday, August 5th. Barclays cut their price objective on Marriott Vacations Worldwide from $97.00 to $88.00 and set an "overweight" rating on the stock in a report on Monday, May 12th. Morgan Stanley reiterated an "underweight" rating on shares of Marriott Vacations Worldwide in a report on Tuesday, July 15th. Mizuho dropped their target price on shares of Marriott Vacations Worldwide from $112.00 to $105.00 and set an "outperform" rating on the stock in a research report on Friday, May 9th. Finally, The Goldman Sachs Group lifted their target price on shares of Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a "sell" rating in a research report on Wednesday, August 6th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, Marriott Vacations Worldwide presently has an average rating of "Hold" and an average target price of $92.67.

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.

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