5,904 Shares in Marriott Vacations Worldwide Co. (NYSE:VAC) Bought by Two Sigma Securities LLC

Two Sigma Securities LLC bought a new position in 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 SEC. The fund bought 5,904 shares of the company's stock, valued at approximately $530,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Stifel Financial Corp increased its holdings in Marriott Vacations Worldwide by 3.4% in the 3rd quarter. Stifel Financial Corp now owns 5,596 shares of the company's stock valued at $411,000 after acquiring an additional 184 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Marriott Vacations Worldwide during the third quarter worth $245,000. Sanctuary Advisors LLC acquired a new stake in Marriott Vacations Worldwide in the 3rd quarter worth approximately $348,000. Wilmington Savings Fund Society FSB acquired a new stake in Marriott Vacations Worldwide during the 3rd quarter worth about $97,000. Finally, Tidal Investments LLC raised its stake 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 worth $595,000 after purchasing an additional 464 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

Analysts Set New Price Targets

VAC has been the subject of a number of research analyst reports. Morgan Stanley upgraded shares of Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and reduced their price objective for the stock from $67.00 to $57.00 in a research report on Tuesday, April 22nd. 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. Barclays cut their price objective on Marriott Vacations Worldwide from $116.00 to $97.00 and set an "overweight" rating for the company in a research report on Friday, February 28th. Mizuho boosted their price objective on Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an "outperform" rating in a report on Tuesday, February 25th. Finally, The Goldman Sachs Group decreased their target price on Marriott Vacations Worldwide from $78.00 to $48.00 and set a "sell" rating for the company in a report on Monday, April 14th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $94.38.

Marriott Vacations Worldwide Stock Performance

NYSE VAC traded up $2.57 during trading hours on Friday, hitting $59.77. 187,082 shares of the stock were exchanged, compared to its average volume of 444,600. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19. The stock has a 50-day moving average of $62.71 and a 200 day moving average of $79.21. Marriott Vacations Worldwide Co. has a 12-month low of $49.22 and a 12-month high of $103.46. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 11.39, a price-to-earnings-growth ratio of 0.67 and a beta of 1.66.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.35. Marriott Vacations Worldwide had a return on equity of 10.89% and a net margin of 4.20%. The firm had revenue of $1.33 billion during the quarter, compared to analysts' expectations of $1.24 billion. As a group, equities research analysts forecast that Marriott Vacations Worldwide Co. will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were given a dividend of $0.79 per share. The ex-dividend date was Wednesday, March 5th. This represents a $3.16 annualized dividend and a yield of 5.29%. Marriott Vacations Worldwide's dividend payout ratio (DPR) is presently 56.23%.

Insider Buying and Selling at Marriott Vacations Worldwide

In related news, insider Stephanie Sobeck Butera purchased 650 shares of the firm's stock in a transaction on Thursday, March 6th. The stock was purchased at an average price of $71.66 per share, for a total transaction of $46,579.00. Following the acquisition, the insider now directly owns 8,770 shares in the company, valued at $628,458.20. The trade was a 8.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.60% of the stock is owned by company insiders.

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.