Dynamic Technology Lab Private Ltd purchased a new position in Marriott Vacations Worldwide Corp (NYSE:VAC) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,144 shares of the company’s stock, valued at approximately $387,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of VAC. Signaturefd LLC raised its holdings in shares of Marriott Vacations Worldwide by 211.8% during the 1st quarter. Signaturefd LLC now owns 265 shares of the company’s stock worth $25,000 after acquiring an additional 180 shares in the last quarter. AllSquare Wealth Management LLC purchased a new stake in shares of Marriott Vacations Worldwide during the 1st quarter worth approximately $44,000. Doyle Wealth Management purchased a new stake in shares of Marriott Vacations Worldwide during the 4th quarter worth approximately $38,000. Smithfield Trust Co. purchased a new stake in shares of Marriott Vacations Worldwide during the 1st quarter worth approximately $79,000. Finally, Exane Derivatives raised its holdings in shares of Marriott Vacations Worldwide by 75.5% during the 1st quarter. Exane Derivatives now owns 937 shares of the company’s stock worth $88,000 after acquiring an additional 403 shares in the last quarter. 83.76% of the stock is currently owned by institutional investors.

Several analysts have recently issued reports on VAC shares. Nomura decreased their price objective on Marriott Vacations Worldwide from $158.00 to $136.00 and set a “buy” rating on the stock in a report on Thursday, February 28th. SunTrust Banks upped their price objective on Marriott Vacations Worldwide to $149.00 and gave the stock a “positive” rating in a report on Friday, March 1st. Zacks Investment Research raised Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and set a $113.00 price objective on the stock in a report on Tuesday, March 5th. Credit Suisse Group reaffirmed an “outperform” rating and set a $120.00 price objective on shares of Marriott Vacations Worldwide in a report on Wednesday, March 20th. Finally, JPMorgan Chase & Co. started coverage on Marriott Vacations Worldwide in a report on Monday, June 3rd. They set a “neutral” rating and a $98.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $125.63.

NYSE:VAC opened at $97.75 on Friday. Marriott Vacations Worldwide Corp has a fifty-two week low of $60.67 and a fifty-two week high of $126.84. The firm has a market cap of $4.38 billion, a P/E ratio of 16.62, a P/E/G ratio of 1.40 and a beta of 1.70. The company has a debt-to-equity ratio of 1.16, a quick ratio of 2.32 and a current ratio of 3.05.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings results on Tuesday, May 7th. The company reported $1.45 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.69 by ($0.24). Marriott Vacations Worldwide had a net margin of 0.60% and a return on equity of 8.05%. The company had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the previous year, the company posted $1.39 EPS. The business’s quarterly revenue was up 85.6% on a year-over-year basis. Sell-side analysts forecast that Marriott Vacations Worldwide Corp will post 7.74 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, June 6th. Investors of record on Thursday, May 23rd were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $1.80 annualized dividend and a yield of 1.84%. Marriott Vacations Worldwide’s payout ratio is presently 30.61%.

In related news, VP James H. Iv Hunter sold 1,240 shares of the stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $98.00, for a total transaction of $121,520.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Laurie A. Sullivan sold 2,857 shares of the stock in a transaction on Friday, March 29th. The shares were sold at an average price of $95.87, for a total value of $273,900.59. The disclosure for this sale can be found here. Corporate insiders own 2.30% of the company’s stock.

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About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton, Westin, Hyatt Residence Club brands, and Marriott Vacation Club Pulse brands. The company 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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