Marriott Vacations Worldwide Co. (NYSE:VAC) Stock Holdings Lessened by Oak Thistle LLC

Oak Thistle LLC cut its stake in shares of Marriott Vacations Worldwide Co. (NYSE:VAC) by 45.5% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,147 shares of the company’s stock after selling 3,457 shares during the period. Oak Thistle LLC’s holdings in Marriott Vacations Worldwide were worth $372,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. grew its holdings in shares of Marriott Vacations Worldwide by 1.0% during the 4th quarter. Harbor Capital Advisors Inc. now owns 66,847 shares of the company’s stock valued at $6,003,000 after acquiring an additional 662 shares in the last quarter. Nordea Investment Management AB boosted its position in Marriott Vacations Worldwide by 6.5% during the fourth quarter. Nordea Investment Management AB now owns 28,141 shares of the company’s stock valued at $2,549,000 after purchasing an additional 1,715 shares during the last quarter. Tidal Investments LLC grew its stake in Marriott Vacations Worldwide by 6.1% in the third quarter. Tidal Investments LLC now owns 8,098 shares of the company’s stock valued at $595,000 after purchasing an additional 464 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Marriott Vacations Worldwide in the 3rd quarter worth about $97,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Marriott Vacations Worldwide during the 3rd quarter worth about $348,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analyst Ratings Changes

VAC has been the subject of several recent research reports. StockNews.com raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. Stifel Nicolaus boosted their target price on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Mizuho raised their price target on shares of Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. Barclays upgraded shares of Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $97.00 to $116.00 in a report on Friday, December 13th. Finally, Morgan Stanley assumed coverage on Marriott Vacations Worldwide in a report on Monday, January 6th. They set an “underweight” rating and a $87.00 target price on the stock. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Marriott Vacations Worldwide has an average rating of “Hold” and an average target price of $105.67.

Marriott Vacations Worldwide Stock Performance

VAC opened at $85.27 on Friday. 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’s 50 day moving average price is $91.97 and its two-hundred day moving average price is $82.34. The firm has a market capitalization of $2.98 billion, a P/E ratio of 16.24, a price-to-earnings-growth ratio of 0.63 and a beta of 1.84. Marriott Vacations Worldwide Co. has a 12-month low of $67.28 and a 12-month high of $108.57.

Marriott Vacations Worldwide Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, December 19th were paid a $0.79 dividend. This is an increase from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. The ex-dividend date was Thursday, December 19th. This represents a $3.16 annualized dividend and a dividend yield of 3.71%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently 60.19%.

Marriott Vacations Worldwide 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.