Marriott Vacations Worldwide Co. (NYSE:VAC) Shares Sold by Van Berkom & Associates Inc.

Van Berkom & Associates Inc. lessened its holdings in Marriott Vacations Worldwide Co. (NYSE:VAC) by 53.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 366,614 shares of the company’s stock after selling 417,083 shares during the period. Van Berkom & Associates Inc. owned approximately 1.05% of Marriott Vacations Worldwide worth $32,922,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. International Assets Investment Management LLC purchased a new stake in shares of Marriott Vacations Worldwide in the 3rd quarter valued at approximately $14,983,000. Hotchkis & Wiley Capital Management LLC increased its holdings in Marriott Vacations Worldwide by 18.0% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 1,102,774 shares of the company’s stock valued at $81,032,000 after purchasing an additional 168,130 shares during the last quarter. Cibc World Market Inc. increased its holdings in Marriott Vacations Worldwide by 251.3% in the 4th quarter. Cibc World Market Inc. now owns 133,372 shares of the company’s stock valued at $11,977,000 after purchasing an additional 95,409 shares during the last quarter. Harbor Capital Advisors Inc. raised its position in Marriott Vacations Worldwide by 160.0% in the third quarter. Harbor Capital Advisors Inc. now owns 66,185 shares of the company’s stock valued at $4,863,000 after purchasing an additional 40,728 shares during the period. Finally, Holocene Advisors LP boosted its position in shares of Marriott Vacations Worldwide by 71.7% during the third quarter. Holocene Advisors LP now owns 62,729 shares of the company’s stock worth $4,609,000 after buying an additional 26,199 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on VAC. Stifel Nicolaus boosted their price target on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Barclays upgraded shares of Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $97.00 to $116.00 in a report on Friday, December 13th. Morgan Stanley began coverage on Marriott Vacations Worldwide in a report on Monday, January 6th. They issued an “underweight” rating and a $87.00 target price for the company. The Goldman Sachs Group boosted their target price on Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a “sell” rating in a research note on Tuesday, December 10th. Finally, Mizuho lifted their price objective on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. According to MarketBeat, Marriott Vacations Worldwide presently has a consensus rating of “Hold” and a consensus target price of $105.67.

Marriott Vacations Worldwide Stock Performance

VAC opened at $87.99 on Friday. Marriott Vacations Worldwide Co. has a 1-year low of $67.28 and a 1-year high of $108.57. The stock has a market cap of $3.07 billion, a P/E ratio of 16.76, a P/E/G ratio of 0.67 and a beta of 1.83. The stock’s 50 day simple moving average is $87.46 and its 200 day simple moving average is $82.60. The company has a debt-to-equity ratio of 2.19, a current ratio of 3.53 and a quick ratio of 2.86.

Marriott Vacations Worldwide Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, December 19th were issued a $0.79 dividend. The ex-dividend date was Thursday, December 19th. This is an increase from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. This represents a $3.16 annualized dividend and a yield of 3.59%. Marriott Vacations Worldwide’s payout ratio is 60.19%.

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.