Marriott Vacations Worldwide Co. (NYSE:VAC) Shares Purchased by Aigen Investment Management LP

Aigen Investment Management LP increased its position in shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report) by 53.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,672 shares of the company's stock after acquiring an additional 10,016 shares during the period. Aigen Investment Management LP owned about 0.08% of Marriott Vacations Worldwide worth $2,434,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in Marriott Vacations Worldwide by 194.1% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 250 shares of the company's stock valued at $25,000 after purchasing an additional 165 shares in the last quarter. Westpac Banking Corp raised its position in Marriott Vacations Worldwide by 2.1% in the 4th quarter. Westpac Banking Corp now owns 7,919 shares of the company's stock valued at $672,000 after purchasing an additional 165 shares in the last quarter. Quadrant Capital Group LLC raised its position in Marriott Vacations Worldwide by 20.9% in the 4th quarter. Quadrant Capital Group LLC now owns 1,013 shares of the company's stock valued at $86,000 after purchasing an additional 175 shares in the last quarter. Swiss National Bank raised its position in shares of Marriott Vacations Worldwide by 0.3% during the 3rd quarter. Swiss National Bank now owns 76,936 shares of the company's stock worth $7,742,000 after acquiring an additional 200 shares in the last quarter. Finally, Coldstream Capital Management Inc. raised its position in shares of Marriott Vacations Worldwide by 12.0% during the 3rd quarter. Coldstream Capital Management Inc. now owns 2,563 shares of the company's stock worth $258,000 after acquiring an additional 274 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company's stock.

Marriott Vacations Worldwide Stock Performance

Shares of VAC stock traded down $0.06 during midday trading on Monday, hitting $98.12. The company had a trading volume of 267,121 shares, compared to its average volume of 504,263. The company's 50 day simple moving average is $100.00 and its 200 day simple moving average is $90.01. Marriott Vacations Worldwide Co. has a 52-week low of $72.78 and a 52-week high of $134.09. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of 18.14 and a beta of 1.85. 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 announced its earnings results on Monday, May 6th. The company reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.14. Marriott Vacations Worldwide had a return on equity of 11.77% and a net margin of 4.50%. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same period last year, the business posted $2.54 EPS. The company's revenue was up 2.2% on a year-over-year basis. Research analysts anticipate that Marriott Vacations Worldwide Co. will post 7.72 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 6th. Investors of record on Thursday, May 23rd will be paid a $0.76 dividend. The ex-dividend date of this dividend is Wednesday, May 22nd. This represents a $3.04 dividend on an annualized basis and a dividend yield of 3.10%. Marriott Vacations Worldwide's dividend payout ratio (DPR) is presently 56.19%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. raised their target price on Marriott Vacations Worldwide from $93.00 to $107.00 and gave the stock a "neutral" rating in a research report on Friday, February 23rd. Stifel Nicolaus raised their target price on Marriott Vacations Worldwide from $115.00 to $117.00 and gave the stock a "buy" rating in a research report on Tuesday, May 7th. Truist Financial raised their target price on Marriott Vacations Worldwide from $149.00 to $159.00 and gave the stock a "buy" rating in a research report on Tuesday, March 5th. Mizuho initiated 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. Finally, JMP Securities raised their price target 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. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Marriott Vacations Worldwide currently has an average rating of "Hold" and a consensus target price of $112.22.

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.

Want to see what other hedge funds are holding VAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marriott Vacations Worldwide Co. (NYSE:VAC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.