Marriott Vacations Worldwide Co. (NYSE:VAC) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC cut its position in Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 10.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 102,455 shares of the company's stock after selling 11,974 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.29% of Marriott Vacations Worldwide worth $8,697,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its stake in shares of Marriott Vacations Worldwide by 194.1% during the third quarter. EverSource Wealth Advisors LLC now owns 250 shares of the company's stock worth $25,000 after acquiring an additional 165 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of Marriott Vacations Worldwide by 56.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 204 shares of the company's stock worth $27,000 after acquiring an additional 74 shares during the last quarter. ST Germain D J Co. Inc. purchased a new stake in shares of Marriott Vacations Worldwide during the second quarter worth about $31,000. Penserra Capital Management LLC purchased a new stake in shares of Marriott Vacations Worldwide during the first quarter worth about $40,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of Marriott Vacations Worldwide during the second quarter worth about $49,000. 89.52% of the stock is currently owned by institutional investors.

Marriott Vacations Worldwide Stock Performance

Marriott Vacations Worldwide stock traded down $3.77 during mid-day trading on Friday, hitting $97.01. The company had a trading volume of 570,954 shares, compared to its average volume of 535,743. The company has a current ratio of 3.15, a quick ratio of 2.64 and a debt-to-equity ratio of 2.16. Marriott Vacations Worldwide Co. has a 12-month low of $72.78 and a 12-month high of $140.30. The company's fifty day moving average is $95.19 and its 200-day moving average is $89.08. The company has a market capitalization of $3.41 billion, a price-to-earnings ratio of 15.52 and a beta of 1.85.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last released its quarterly earnings data on Wednesday, February 21st. The company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.80 by $0.08. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. Marriott Vacations Worldwide had a return on equity of 13.21% and a net margin of 5.37%. The business's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.74 EPS. Equities research analysts predict that Marriott Vacations Worldwide Co. will post 7.81 EPS for the current year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Thursday, February 29th were paid a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a dividend yield of 3.13%. The ex-dividend date was Wednesday, February 28th. Marriott Vacations Worldwide's payout ratio is 48.64%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Mizuho assumed coverage on Marriott Vacations Worldwide in a research note on Tuesday, March 26th. They set a "buy" rating and a $128.00 price target on the stock. JPMorgan Chase & Co. upped their target price on Marriott Vacations Worldwide from $93.00 to $107.00 and gave the company a "neutral" rating in a research report on Friday, February 23rd. Truist Financial upped their target price on Marriott Vacations Worldwide from $149.00 to $159.00 and gave the company a "buy" rating in a research report on Tuesday, March 5th. Jefferies Financial Group upped their target price on Marriott Vacations Worldwide from $90.00 to $92.00 and gave the company a "hold" rating in a research report on Tuesday, January 2nd. Finally, Barclays upped their target price on Marriott Vacations Worldwide from $90.00 to $102.00 and gave the company an "equal weight" rating in a research report on Friday, February 23rd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Marriott Vacations Worldwide has an average rating of "Hold" and an average price target of $109.71.

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.