Bamco Inc. NY Has $4.45 Million Position in Marriott Vacations Worldwide Co. (NYSE:VAC)

Bamco Inc. NY trimmed its holdings in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 37.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,539 shares of the company's stock after selling 30,262 shares during the period. Bamco Inc. NY owned about 0.14% of Marriott Vacations Worldwide worth $4,449,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in shares of Marriott Vacations Worldwide by 6.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,883,197 shares of the company's stock valued at $169,110,000 after purchasing an additional 116,854 shares during the period. Fuller & Thaler Asset Management Inc. grew its stake in 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 valued at $123,795,000 after purchasing an additional 74,956 shares in the last quarter. Principal Financial Group Inc. increased its holdings in 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 purchasing an additional 23,380 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its stake 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 valued at $69,926,000 after buying an additional 7,046 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in shares of Marriott Vacations Worldwide by 47.2% during the fourth 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 in the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Marriott Vacations Worldwide Stock Up 0.5 %

NYSE:VAC traded up $0.34 during trading hours on Friday, reaching $64.66. The company's stock had a trading volume of 595,989 shares, compared to its average volume of 447,319. Marriott Vacations Worldwide Co. has a one year low of $49.22 and a one year high of $102.39. The business's 50-day moving average is $60.61 and its 200-day moving average is $78.48. The company has a debt-to-equity ratio of 2.19, a current ratio of 3.53 and a quick ratio of 2.86. The company has a market cap of $2.23 billion, a price-to-earnings ratio of 12.32, a price-to-earnings-growth ratio of 0.67 and a beta of 1.42.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $1.66 earnings per share for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the business earned $1.80 EPS. The firm's revenue was up .4% compared to the same quarter last year. Equities research analysts predict that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were issued a $0.79 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $3.16 annualized dividend and a yield of 4.89%. Marriott Vacations Worldwide's dividend payout ratio (DPR) is presently 56.23%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. The Goldman Sachs Group raised their price objective on Marriott Vacations Worldwide from $48.00 to $55.00 and gave the stock a "sell" rating in a research note on Friday. Morgan Stanley raised shares of Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and cut their target price for the stock from $67.00 to $57.00 in a report on Tuesday, April 22nd. Barclays dropped their price target on Marriott Vacations Worldwide from $116.00 to $97.00 and set an "overweight" rating on the stock in a research report on Friday, February 28th. Mizuho reduced their price objective on Marriott Vacations Worldwide from $112.00 to $105.00 and set an "outperform" rating for the company in a research report on Friday. Finally, Truist Financial dropped their target price on Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $93.38.

Insiders Place Their Bets

In other Marriott Vacations Worldwide news, insider Stephanie Sobeck Butera acquired 650 shares of the company's stock in a transaction dated Thursday, March 6th. The shares were acquired at an average cost of $71.66 per share, for a total transaction of $46,579.00. Following the completion of the purchase, 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 position. The purchase was disclosed in a filing with the SEC, which is accessible 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.