Marriott Vacations Worldwide Co. (NYSE:VAC) Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL lowered its stake in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 83.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,260 shares of the company's stock after selling 88,222 shares during the period. Tudor Investment Corp ET AL's holdings in Marriott Vacations Worldwide were worth $1,550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Pacer Advisors Inc. boosted its holdings in shares of Marriott Vacations Worldwide by 2.7% during the 4th quarter. Pacer Advisors Inc. now owns 6,404 shares of the company's stock valued at $575,000 after purchasing an additional 166 shares during the last quarter. Xponance Inc. grew its holdings in Marriott Vacations Worldwide by 6.2% during the 4th quarter. Xponance Inc. now owns 3,809 shares of the company's stock valued at $342,000 after buying an additional 221 shares in the last quarter. Blue Trust Inc. increased its stake in Marriott Vacations Worldwide by 130.7% in the 4th quarter. Blue Trust Inc. now owns 533 shares of the company's stock worth $48,000 after acquiring an additional 302 shares during the last quarter. Venturi Wealth Management LLC boosted its position in shares of Marriott Vacations Worldwide by 40.7% during the 4th quarter. Venturi Wealth Management LLC now owns 1,572 shares of the company's stock valued at $141,000 after acquiring an additional 455 shares during the last quarter. Finally, Tidal Investments LLC grew its holdings in shares of Marriott Vacations Worldwide by 6.1% in the third quarter. Tidal Investments LLC now owns 8,098 shares of the company's stock valued at $595,000 after purchasing an additional 464 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

Marriott Vacations Worldwide Trading Up 10.4 %

Shares of NYSE:VAC traded up $6.04 during trading on Thursday, reaching $64.24. 990,902 shares of the company were exchanged, compared to its average volume of 446,693. 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 firm has a market capitalization of $2.22 billion, a PE ratio of 12.24, a P/E/G ratio of 0.67 and a beta of 1.42. The business's fifty day simple moving average is $60.92 and its 200-day simple moving average is $78.66. Marriott Vacations Worldwide Co. has a 12-month low of $49.22 and a 12-month high of $102.39.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last posted 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 business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the previous year, the business posted $1.80 EPS. The company's quarterly revenue was up .4% compared to the same quarter last year. On average, research analysts anticipate that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Dividend Announcement

The business 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 was Wednesday, March 5th. This represents a $3.16 annualized dividend and a dividend yield of 4.92%. Marriott Vacations Worldwide's payout ratio is currently 56.23%.

Insider Activity

In related 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 price of $71.66 per share, with a total value of $46,579.00. Following the acquisition, the insider now directly owns 8,770 shares in the company, valued at $628,458.20. This represents a 8.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.60% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on VAC shares. Barclays reduced their target price 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. Truist Financial dropped their target price on Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating for the company in a report on Friday, March 7th. Mizuho increased their price target on Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an "outperform" rating in a report on Tuesday, February 25th. The Goldman Sachs Group dropped 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 research note on Monday, April 14th. Finally, Stifel Nicolaus reduced their target price on shares of Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating on the stock in a research note on Thursday, February 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $94.38.

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.