Marriott Vacations Worldwide Co. (NYSE:VAC) Position Boosted by Quantinno Capital Management LP

Quantinno Capital Management LP increased its holdings in Marriott Vacations Worldwide Co. (NYSE:VAC) by 15.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,930 shares of the company’s stock after purchasing an additional 1,444 shares during the quarter. Quantinno Capital Management LP’s holdings in Marriott Vacations Worldwide were worth $803,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Quarry LP boosted its position in shares of Marriott Vacations Worldwide by 81.6% in the 3rd quarter. Quarry LP now owns 808 shares of the company’s stock valued at $59,000 after purchasing an additional 363 shares during the period. Readystate Asset Management LP increased its position in shares of Marriott Vacations Worldwide by 72.3% in the third quarter. Readystate Asset Management LP now owns 7,958 shares of the company’s stock worth $585,000 after acquiring an additional 3,340 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Marriott Vacations Worldwide by 18.0% during the third 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. Holocene Advisors LP lifted its position in shares of Marriott Vacations Worldwide by 71.7% in the 3rd quarter. Holocene Advisors LP now owns 62,729 shares of the company’s stock valued at $4,609,000 after acquiring an additional 26,199 shares in the last quarter. Finally, True Wealth Design LLC acquired a new position in Marriott Vacations Worldwide in the 3rd quarter worth approximately $32,000. 89.52% of the stock is owned by institutional investors and hedge funds.

Marriott Vacations Worldwide Price Performance

NYSE VAC opened at $94.48 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 has a market capitalization of $3.30 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 0.87 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. The company has a 50 day moving average price of $86.81 and a two-hundred day moving average price of $82.22.

Marriott Vacations Worldwide Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, December 19th will be paid a $0.79 dividend. This represents a $3.16 annualized dividend and a dividend yield of 3.34%. The ex-dividend date is Thursday, December 19th. This is a positive change from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. Marriott Vacations Worldwide’s payout ratio is presently 57.90%.

Analyst Ratings Changes

VAC has been the subject of a number of research analyst reports. The Goldman Sachs Group increased their target price on Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a “sell” rating in a report on Tuesday. Stifel Nicolaus increased their price objective on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Mizuho lifted their target price 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. Barclays raised shares of Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $97.00 to $116.00 in a research report on Friday. Finally, StockNews.com raised shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $106.22.

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.