Mutual of America Capital Management LLC Decreases Stock Holdings in Marriott Vacations Worldwide Co. (NYSE:VAC)

Mutual of America Capital Management LLC reduced its holdings in shares of Marriott Vacations Worldwide Co. (NYSE:VACFree Report) by 10.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,455 shares of the company’s stock after selling 11,974 shares during the quarter. Mutual of America Capital Management LLC owned 0.29% of Marriott Vacations Worldwide worth $8,697,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. International Assets Investment Management LLC grew its stake in Marriott Vacations Worldwide by 234,864.3% during the fourth quarter. International Assets Investment Management LLC now owns 65,790 shares of the company’s stock worth $5,585,000 after buying an additional 65,762 shares during the period. Prime Capital Investment Advisors LLC purchased a new stake in Marriott Vacations Worldwide during the fourth quarter worth approximately $313,000. Oak Thistle LLC purchased a new stake in Marriott Vacations Worldwide during the fourth quarter worth approximately $733,000. Pallas Capital Advisors LLC acquired a new position in shares of Marriott Vacations Worldwide during the fourth quarter worth $3,920,000. Finally, Manning & Napier Group LLC lifted its position in shares of Marriott Vacations Worldwide by 70.4% during the fourth quarter. Manning & Napier Group LLC now owns 44,167 shares of the company’s stock worth $3,749,000 after purchasing an additional 18,255 shares in the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on VAC shares. Mizuho started coverage on shares of Marriott Vacations Worldwide in a research report on Tuesday, March 26th. They set a “buy” rating and a $128.00 target price on the stock. Jefferies Financial Group boosted their target price on shares of Marriott Vacations Worldwide from $90.00 to $92.00 and gave the stock a “hold” rating in a research report on Tuesday, January 2nd. JPMorgan Chase & Co. boosted their target price on shares of Marriott Vacations Worldwide from $93.00 to $107.00 and gave the stock a “neutral” rating in a research report on Friday, February 23rd. Barclays boosted their target price on shares of Marriott Vacations Worldwide from $90.00 to $102.00 and gave the stock an “equal weight” rating in a research report on Friday, February 23rd. Finally, Truist Financial boosted their target price on shares of Marriott Vacations Worldwide from $149.00 to $159.00 and gave the stock a “buy” rating in a research report on Tuesday, March 5th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Marriott Vacations Worldwide presently has an average rating of “Hold” and an average price target of $109.71.

Read Our Latest Report on VAC

Marriott Vacations Worldwide Stock Up 0.5 %

Shares of NYSE:VAC opened at $100.78 on Friday. The stock has a market capitalization of $3.55 billion, a price-to-earnings ratio of 16.12 and a beta of 1.85. Marriott Vacations Worldwide Co. has a 1-year low of $72.78 and a 1-year high of $140.30. The company’s fifty day moving average is $94.93 and its two-hundred day moving average is $89.09. The company has a debt-to-equity ratio of 2.16, a quick ratio of 2.64 and a current ratio of 3.15.

Marriott Vacations Worldwide (NYSE:VACGet Free Report) last issued its earnings results on Wednesday, February 21st. The company reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.08. The company had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Marriott Vacations Worldwide had a net margin of 5.37% and a return on equity of 13.21%. The firm’s revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the company earned $2.74 earnings per share. Equities analysts anticipate that Marriott Vacations Worldwide Co. will post 7.81 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Shareholders of record on Thursday, February 29th were issued a dividend of $0.76 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 3.02%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is 48.64%.

About Marriott Vacations Worldwide

(Free Report)

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.

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Institutional Ownership by Quarter for Marriott Vacations Worldwide (NYSE:VAC)

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