Marriott Vacations Worldwide Co. (NYSE:VAC) Stock Position Lifted by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. raised its position in Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 5.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,378,561 shares of the company's stock after purchasing an additional 74,956 shares during the period. Fuller & Thaler Asset Management Inc. owned about 3.95% of Marriott Vacations Worldwide worth $123,795,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of VAC. Stifel Financial Corp lifted its position in Marriott Vacations Worldwide by 3.4% during the third quarter. Stifel Financial Corp now owns 5,596 shares of the company's stock worth $411,000 after buying an additional 184 shares during the period. Virtu Financial LLC purchased a new stake in shares of Marriott Vacations Worldwide during the 3rd quarter valued at $245,000. Sanctuary Advisors LLC purchased a new stake in shares of Marriott Vacations Worldwide during the 3rd quarter valued at $348,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Marriott Vacations Worldwide during the 3rd quarter worth $97,000. Finally, Tidal Investments LLC raised its position in shares of Marriott Vacations Worldwide by 6.1% in the 3rd quarter. Tidal Investments LLC now owns 8,098 shares of the company's stock worth $595,000 after buying an additional 464 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on VAC. Truist Financial cut their price objective on Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Barclays cut their price target on shares of Marriott Vacations Worldwide from $116.00 to $97.00 and set an "overweight" rating on the stock in a report on Friday, February 28th. Mizuho boosted their price objective on shares of Marriott Vacations Worldwide from $117.00 to $120.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 25th. The Goldman Sachs Group cut their target price on shares of Marriott Vacations Worldwide from $78.00 to $48.00 and set a "sell" rating on the stock in a research note on Monday, April 14th. Finally, Morgan Stanley upgraded shares of Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and reduced their target price for the company from $67.00 to $57.00 in a report on Tuesday, April 22nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $94.38.

Marriott Vacations Worldwide Stock Up 0.1 %

Shares of VAC stock traded up $0.06 on Monday, hitting $55.73. The stock had a trading volume of 119,736 shares, compared to its average volume of 442,331. Marriott Vacations Worldwide Co. has a 52-week low of $49.22 and a 52-week high of $103.46. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 10.62, a P/E/G ratio of 0.67 and a beta of 1.66. 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 moving average is $65.24 and its 200-day moving average is $79.79.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates of $1.51 by $0.35. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. The company had revenue of $1.33 billion during the quarter, compared to analysts' expectations of $1.24 billion. As a group, research 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 was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were given a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date was Wednesday, March 5th. Marriott Vacations Worldwide's payout ratio is 56.23%.

Insider Activity

In related news, insider Stephanie Sobeck Butera purchased 650 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The shares were purchased 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 directly owns 8,770 shares of the company's stock, valued at approximately $628,458.20. The trade was a 8.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.60% of the company's stock.

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.