LSV Asset Management Has $24.34 Million Stock Holdings in Marriott Vacations Worldwide Co. (NYSE:VAC)

LSV Asset Management reduced its position in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 23.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 271,072 shares of the company's stock after selling 84,400 shares during the quarter. LSV Asset Management owned about 0.78% of Marriott Vacations Worldwide worth $24,342,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its position in shares of Marriott Vacations Worldwide by 2.0% in 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. Arrowstreet Capital Limited Partnership boosted its holdings in Marriott Vacations Worldwide by 45.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 475,938 shares of the company's stock worth $42,739,000 after buying an additional 148,457 shares during the last quarter. New South Capital Management Inc. grew its position in shares of Marriott Vacations Worldwide by 1.0% during the 4th quarter. New South Capital Management Inc. now owns 367,974 shares of the company's stock worth $33,044,000 after buying an additional 3,580 shares during the period. Norges Bank bought a new stake in shares of Marriott Vacations Worldwide in the 4th quarter valued at about $31,677,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Marriott Vacations Worldwide by 2.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 255,947 shares of the company's stock valued at $22,984,000 after acquiring an additional 6,516 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently issued reports on VAC. The Goldman Sachs Group decreased their price objective on shares of Marriott Vacations Worldwide from $78.00 to $48.00 and set a "sell" rating for the company in a report on Monday. Truist Financial lowered their price objective on shares of 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. Mizuho lifted their target price on Marriott Vacations Worldwide from $117.00 to $120.00 and gave the stock an "outperform" rating in a report on Tuesday, February 25th. Morgan Stanley initiated coverage on Marriott Vacations Worldwide in a report on Monday, January 6th. They issued an "underweight" rating and a $87.00 price target for the company. Finally, Stifel Nicolaus cut their price objective on Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating on the stock in a report on Thursday, February 27th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, Marriott Vacations Worldwide presently has an average rating of "Hold" and an average target price of $98.13.

Marriott Vacations Worldwide Stock Up 0.9 %

Marriott Vacations Worldwide stock traded up $0.50 during midday trading on Thursday, reaching $53.09. The stock had a trading volume of 82,775 shares, compared to its average volume of 432,476. The stock has a market capitalization of $1.83 billion, a P/E ratio of 10.13, a price-to-earnings-growth ratio of 0.67 and a beta of 1.66. The firm's fifty day simple moving average is $69.67 and its 200-day simple moving average is $80.67. 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 Co. has a 1-year low of $49.22 and a 1-year high of $103.51.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $1.86 EPS for the quarter, topping analysts' consensus estimates of $1.51 by $0.35. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.24 billion. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. As a group, analysts expect that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were paid a dividend of $0.79 per share. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 5.95%. Marriott Vacations Worldwide's dividend payout ratio is 56.23%.

Insider Activity

In other news, insider Stephanie Sobeck Butera bought 650 shares of the company's stock in a transaction dated Thursday, March 6th. The shares were bought at an average cost of $71.66 per share, with a total value of $46,579.00. Following the acquisition, the insider now owns 8,770 shares in the company, valued at $628,458.20. This trade represents a 8.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.60% of the stock is owned by corporate insiders.

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.