Investors Research Corp Decreases Stock Holdings in Marriott Vacations Worldwide Co. (NYSE:VAC)

Investors Research Corp trimmed its position in Marriott Vacations Worldwide Co. (NYSE:VAC) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,950 shares of the company’s stock after selling 200 shares during the period. Investors Research Corp’s holdings in Marriott Vacations Worldwide were worth $1,522,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Blue Trust Inc. increased its stake in shares of Marriott Vacations Worldwide by 130.7% in the 4th quarter. Blue Trust Inc. now owns 533 shares of the company’s stock worth $48,000 after purchasing an additional 302 shares in the last quarter. New South Capital Management Inc. raised its stake in shares of Marriott Vacations Worldwide by 6.6% in the third quarter. New South Capital Management Inc. now owns 364,394 shares of the company’s stock worth $26,776,000 after buying an additional 22,672 shares during the period. State of New Jersey Common Pension Fund D raised its stake in shares of Marriott Vacations Worldwide by 36.0% in the third quarter. State of New Jersey Common Pension Fund D now owns 27,094 shares of the company’s stock worth $1,991,000 after buying an additional 7,174 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Marriott Vacations Worldwide during the 3rd quarter valued at about $348,000. Finally, Hotchkis & Wiley Capital Management LLC grew its stake in shares of Marriott Vacations Worldwide by 18.0% during 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 acquiring an additional 168,130 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Marriott Vacations Worldwide Trading Up 1.8 %

VAC stock opened at $72.99 on Monday. The firm has a fifty day moving average price of $84.44 and a 200 day moving average price of $83.26. Marriott Vacations Worldwide Co. has a fifty-two week low of $67.28 and a fifty-two week high of $108.57. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53. The firm has a market cap of $2.55 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 0.67 and a beta of 1.83.

Marriott Vacations Worldwide (NYSE:VAC) last posted its earnings results on Wednesday, February 26th. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.51 by $0.35. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.24 billion. Sell-side analysts anticipate that Marriott Vacations Worldwide Co. will post 6.23 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be paid a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 4.33%. The ex-dividend date is Wednesday, March 5th. Marriott Vacations Worldwide’s payout ratio is 56.23%.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. The Goldman Sachs Group raised their target price on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a “sell” rating in a research note on Tuesday, December 10th. Stifel Nicolaus decreased 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. Morgan Stanley assumed coverage on shares of Marriott Vacations Worldwide in a research note on Monday, January 6th. They set an “underweight” rating and a $87.00 target price on the stock. Mizuho raised their target price on shares of Marriott Vacations Worldwide from $117.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 25th. Finally, Barclays decreased their target price on shares of Marriott Vacations Worldwide from $116.00 to $97.00 and set an “overweight” rating on the stock in a research note on Friday, February 28th. Two analysts have rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Marriott Vacations Worldwide presently has a consensus rating of “Hold” and an average price target of $102.75.

Insiders Place Their Bets

In other news, insider Stephanie Sobeck Butera acquired 650 shares of the company’s stock in a transaction on Thursday, March 6th. The stock was bought at an average cost of $71.66 per share, with a total value of $46,579.00. Following the completion of the purchase, the insider now directly owns 8,770 shares of the company’s stock, valued at $628,458.20. This represents a 8.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.70% of the stock is owned by 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.