International Assets Investment Management LLC Has $5.59 Million Holdings in Marriott Vacations Worldwide Co. (NYSE:VAC)

International Assets Investment Management LLC boosted its position in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 234,864.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 65,790 shares of the company's stock after purchasing an additional 65,762 shares during the period. International Assets Investment Management LLC owned 0.19% of Marriott Vacations Worldwide worth $5,585,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its position in shares of Marriott Vacations Worldwide by 194.1% in the third quarter. EverSource Wealth Advisors LLC now owns 250 shares of the company's stock worth $25,000 after buying an additional 165 shares during the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of Marriott Vacations Worldwide by 56.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 204 shares of the company's stock worth $27,000 after buying an additional 74 shares during the last quarter. ST Germain D J Co. Inc. acquired a new stake in shares of Marriott Vacations Worldwide in the second quarter worth about $31,000. Penserra Capital Management LLC acquired a new stake in shares of Marriott Vacations Worldwide in the first quarter worth about $40,000. Finally, Itau Unibanco Holding S.A. acquired a new stake in shares of Marriott Vacations Worldwide in the second quarter worth about $49,000. Institutional investors and hedge funds own 89.52% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Truist Financial lifted their price objective on Marriott Vacations Worldwide from $149.00 to $159.00 and gave the stock a "buy" rating in a research note on Tuesday, March 5th. JMP Securities lifted their price objective on Marriott Vacations Worldwide from $105.00 to $115.00 and gave the stock a "market outperform" rating in a research note on Monday, February 26th. Barclays lifted their price objective on Marriott Vacations Worldwide from $90.00 to $102.00 and gave the stock an "equal weight" rating in a research note on Friday, February 23rd. JPMorgan Chase & Co. lifted their price objective on Marriott Vacations Worldwide from $93.00 to $107.00 and gave the stock a "neutral" rating in a research note on Friday, February 23rd. Finally, Mizuho assumed coverage on Marriott Vacations Worldwide in a research note on Tuesday, March 26th. They issued a "buy" rating and a $128.00 price objective on the stock. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $109.71.

Marriott Vacations Worldwide Stock Performance

VAC traded up $0.07 on Tuesday, hitting $97.81. 493,557 shares of the stock traded hands, compared to its average volume of 536,249. Marriott Vacations Worldwide Co. has a 52 week low of $72.78 and a 52 week high of $140.30. The company has a current ratio of 3.15, a quick ratio of 2.64 and a debt-to-equity ratio of 2.16. The firm has a market capitalization of $3.44 billion, a PE ratio of 15.65 and a beta of 1.85. The business has a fifty day moving average price of $95.78 and a two-hundred day moving average price of $88.94.

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

Marriott Vacations Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Thursday, February 29th were paid a $0.76 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $3.04 annualized dividend and a dividend yield of 3.11%. Marriott Vacations Worldwide's dividend payout ratio is currently 48.64%.

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.