Jump Financial LLC Takes $2.36 Million Position in Marriott Vacations Worldwide Co. (NYSE:VAC)

Jump Financial LLC bought a new stake in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 27,762 shares of the company's stock, valued at approximately $2,357,000. Jump Financial LLC owned 0.08% of Marriott Vacations Worldwide as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in VAC. Van Berkom & Associates Inc. grew its stake in Marriott Vacations Worldwide by 31.2% during the third quarter. Van Berkom & Associates Inc. now owns 599,290 shares of the company's stock worth $60,307,000 after purchasing an additional 142,349 shares during the period. Burgundy Asset Management Ltd. increased its stake in shares of Marriott Vacations Worldwide by 25.0% in the 3rd quarter. Burgundy Asset Management Ltd. now owns 686,302 shares of the company's stock valued at $69,063,000 after acquiring an additional 137,236 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Marriott Vacations Worldwide by 43.1% during the 3rd quarter. Victory Capital Management Inc. now owns 418,202 shares of the company's stock valued at $42,084,000 after acquiring an additional 125,926 shares during the period. Senvest Management LLC boosted its stake in Marriott Vacations Worldwide by 5.9% during the third quarter. Senvest Management LLC now owns 2,100,786 shares of the company's stock worth $211,402,000 after acquiring an additional 116,823 shares in the last quarter. Finally, Channing Capital Management LLC grew its holdings in Marriott Vacations Worldwide by 27.2% in the third quarter. Channing Capital Management LLC now owns 444,047 shares of the company's stock worth $44,684,000 after purchasing an additional 94,844 shares during the period. Institutional investors own 89.52% of the company's stock.

Marriott Vacations Worldwide Stock Up 0.4 %

NYSE VAC traded up $0.36 during mid-day trading on Tuesday, reaching $100.61. The stock had a trading volume of 319,137 shares, compared to its average volume of 514,670. The stock has a market cap of $3.54 billion, a PE ratio of 18.60 and a beta of 1.85. The company has a fifty day moving average price of $99.61 and a 200 day moving average price of $89.69. Marriott Vacations Worldwide Co. has a 1 year low of $72.78 and a 1 year high of $134.09. The company has a debt-to-equity ratio of 2.22, a current ratio of 3.12 and a quick ratio of 2.62.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its earnings results on Monday, May 6th. The company reported $1.80 earnings per share for the quarter, topping analysts' consensus estimates of $1.66 by $0.14. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.17 billion. Marriott Vacations Worldwide had a return on equity of 11.77% and a net margin of 4.50%. Marriott Vacations Worldwide's revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.54 EPS. On average, research analysts expect that Marriott Vacations Worldwide Co. will post 7.74 earnings per share for the current year.

Marriott Vacations Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 6th. Shareholders of record on Thursday, May 23rd will be given a $0.76 dividend. The ex-dividend date of this dividend is Wednesday, May 22nd. This represents a $3.04 annualized dividend and a yield of 3.02%. Marriott Vacations Worldwide's payout ratio is 56.19%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on VAC shares. JMP Securities raised their target price on Marriott Vacations Worldwide from $105.00 to $115.00 and gave the company a "market outperform" rating in a research note on Monday, February 26th. Barclays upped their target price on Marriott Vacations Worldwide from $102.00 to $106.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 8th. Stifel Nicolaus boosted their price target on shares of Marriott Vacations Worldwide from $115.00 to $117.00 and gave the company a "buy" rating in a research note on Tuesday, May 7th. Truist Financial upped their price objective on shares of Marriott Vacations Worldwide from $149.00 to $159.00 and gave the stock a "buy" rating in a report on Tuesday, March 5th. Finally, Mizuho assumed coverage on shares of Marriott Vacations Worldwide in a research report on Tuesday, March 26th. They set a "buy" rating and a $128.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $112.22.

About Marriott Vacations Worldwide

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.