Quantinno Capital Management LP Purchases 16,041 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Quantinno Capital Management LP raised its position in Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 146.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,971 shares of the company's stock after purchasing an additional 16,041 shares during the quarter. Quantinno Capital Management LP owned approximately 0.08% of Marriott Vacations Worldwide worth $2,422,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. grew 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 purchasing an additional 302 shares in the last quarter. Brown Lisle Cummings Inc. purchased a new position in Marriott Vacations Worldwide in the fourth quarter valued at about $50,000. Atala Financial Inc purchased a new position in Marriott Vacations Worldwide in the fourth quarter valued at about $112,000. KBC Group NV grew its stake in Marriott Vacations Worldwide by 51.5% in the fourth quarter. KBC Group NV now owns 1,460 shares of the company's stock valued at $131,000 after purchasing an additional 496 shares in the last quarter. Finally, Venturi Wealth Management LLC grew 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 purchasing an additional 455 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

Insider Buying and Selling

In other Marriott Vacations Worldwide news, insider Stephanie Sobeck Butera acquired 650 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average price of $71.66 per share, with a total value of $46,579.00. Following the transaction, the insider now owns 8,770 shares of the company's stock, valued at approximately $628,458.20. This trade represents a 8.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.60% of the stock is owned by insiders.

Marriott Vacations Worldwide Stock Down 2.7%

Shares of NYSE:VAC traded down $1.84 on Friday, reaching $65.75. The company had a trading volume of 494,281 shares, compared to its average volume of 457,506. Marriott Vacations Worldwide Co. has a twelve month low of $49.22 and a twelve month high of $100.32. The stock has a 50-day moving average price of $60.74 and a 200 day moving average price of $77.89. The stock has a market capitalization of $2.27 billion, a P/E ratio of 12.52, a P/E/G ratio of 0.67 and a beta of 1.42. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last posted its quarterly earnings data 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 return on equity of 10.89% and a net margin of 4.20%. The business had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.21 billion. During the same quarter in the previous year, the firm earned $1.80 EPS. The firm's revenue was up .4% compared to the same quarter last year. On average, equities analysts expect that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a dividend yield of 4.81%. Marriott Vacations Worldwide's dividend payout ratio is presently 53.92%.

Wall Street Analyst Weigh In

A number of research analysts have commented on VAC shares. Stifel Nicolaus lowered their target price on Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating on the stock in a research note on Thursday, February 27th. Morgan Stanley raised Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and reduced their price target for the stock from $67.00 to $57.00 in a research report on Tuesday, April 22nd. Barclays reduced their price target on Marriott Vacations Worldwide from $97.00 to $88.00 and set an "overweight" rating for the company in a research report on Monday, May 12th. Mizuho reduced their price target on Marriott Vacations Worldwide from $112.00 to $105.00 and set an "outperform" rating for the company in a research report on Friday, May 9th. Finally, Truist Financial reduced their price target on Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating for the company in a research report on Friday, March 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Marriott Vacations Worldwide currently has an average rating of "Moderate Buy" and a consensus price target 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.