Graham Capital Management L.P. Acquires Shares of 16,630 Marriott Vacations Worldwide Co. (NYSE:VAC)

Graham Capital Management L.P. bought a new position in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 16,630 shares of the company's stock, valued at approximately $1,493,000.

A number of other institutional investors have also modified their holdings of VAC. Blue Trust Inc. boosted its stake in shares of Marriott Vacations Worldwide by 130.7% during 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. acquired a new stake in Marriott Vacations Worldwide in the fourth quarter valued at approximately $50,000. Atala Financial Inc acquired a new stake in Marriott Vacations Worldwide in the fourth quarter valued at approximately $112,000. KBC Group NV grew its holdings in Marriott Vacations Worldwide by 51.5% in the fourth quarter. KBC Group NV now owns 1,460 shares of the company's stock worth $131,000 after purchasing an additional 496 shares during the last quarter. Finally, Venturi Wealth Management LLC grew its holdings 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 worth $141,000 after purchasing an additional 455 shares during the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VAC has been the topic of several analyst reports. The Goldman Sachs Group lifted their price target on shares of Marriott Vacations Worldwide from $48.00 to $55.00 and gave the stock a "sell" rating in a report on Friday, May 9th. Truist Financial cut their price target on shares of 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 $97.00 to $88.00 and set an "overweight" rating on the stock in a report on Monday, May 12th. Stifel Nicolaus cut their price target on shares of Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating on the stock in a report on Thursday, February 27th. Finally, Morgan Stanley raised shares of Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and dropped their price objective for the company from $67.00 to $57.00 in a report on Tuesday, April 22nd. 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 data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $92.25.

Marriott Vacations Worldwide Stock Performance

NYSE VAC traded up $0.30 on Friday, reaching $71.69. 443,459 shares of the company's stock traded hands, compared to its average volume of 454,217. The firm has a market cap of $2.48 billion, a price-to-earnings ratio of 13.66, a P/E/G ratio of 0.67 and a beta of 1.42. The stock has a 50 day moving average price of $60.64 and a 200-day moving average price of $78.25. Marriott Vacations Worldwide Co. has a fifty-two week low of $49.22 and a fifty-two week high of $100.32. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53.

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

Marriott Vacations Worldwide Announces Dividend

The business also recently declared 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 of this dividend is Friday, May 23rd. This represents a $3.16 annualized dividend and a dividend yield of 4.41%. Marriott Vacations Worldwide's dividend payout ratio (DPR) is presently 53.92%.

Insider Buying and Selling

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

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.