UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Stock Position in Marriott Vacations Worldwide Co. (NYSE:VAC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 16.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,139 shares of the company's stock after purchasing an additional 13,840 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.28% of Marriott Vacations Worldwide worth $8,633,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Dimensional Fund Advisors LP increased its holdings 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 worth $169,110,000 after buying an additional 116,854 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its holdings 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 worth $123,795,000 after buying an additional 74,956 shares during the last quarter. Principal Financial Group Inc. increased its holdings 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 worth $106,140,000 after buying an additional 23,380 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its holdings 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 worth $69,926,000 after buying an additional 7,046 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings 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 worth $68,510,000 after buying an additional 245,427 shares during the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on VAC shares. Truist Financial cut their price target on shares of 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 dropped their target price on shares of Marriott Vacations Worldwide from $97.00 to $88.00 and set an "overweight" rating for the company in a report on Monday, May 12th. Stifel Nicolaus dropped their target price on shares of Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating for the company in a report on Thursday, February 27th. Morgan Stanley upgraded shares of Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and dropped their target price for the company from $67.00 to $57.00 in a report on Tuesday, April 22nd. Finally, The Goldman Sachs Group lifted their target price on shares of Marriott Vacations Worldwide from $48.00 to $55.00 and gave the company a "sell" rating in a report on Friday, May 9th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $92.25.

Insider Transactions at Marriott Vacations Worldwide

In other news, insider Stephanie Sobeck Butera acquired 650 shares of the firm's stock in a transaction dated Thursday, March 6th. The stock was acquired at an average cost of $71.66 per share, with a total value of $46,579.00. Following the transaction, the insider now owns 8,770 shares in the company, valued at approximately $628,458.20. This trade represents a 8.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.60% of the company's stock.

Marriott Vacations Worldwide Stock Up 1.0%

VAC stock traded up $0.64 during midday trading on Wednesday, hitting $66.45. The company's stock had a trading volume of 89,771 shares, compared to its average volume of 458,980. 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 Co. has a 52-week low of $49.22 and a 52-week high of $100.32. The firm has a market capitalization of $2.29 billion, a P/E ratio of 12.65, a PEG ratio of 0.67 and a beta of 1.42. The firm has a 50-day simple moving average of $60.68 and a 200-day simple moving average of $76.51.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its quarterly 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. 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 during the quarter, compared to analysts' expectations of $1.21 billion. During the same quarter last year, the company posted $1.80 EPS. The firm's revenue was up .4% compared to the same quarter last year. As a group, equities analysts forecast that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders 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 4.76%. Marriott Vacations Worldwide's dividend payout ratio (DPR) is currently 53.92%.

Marriott Vacations Worldwide Company 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.