Lorber David A cut its stake in shares of Marriott Vacations Worldwide Corp (NYSE:VAC) by 10.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,426 shares of the company’s stock after selling 774 shares during the period. Marriott Vacations Worldwide makes up 1.2% of Lorber David A’s investment portfolio, making the stock its 3rd biggest holding. Lorber David A’s holdings in Marriott Vacations Worldwide were worth $453,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. We Are One Seven LLC purchased a new stake in Marriott Vacations Worldwide during the 4th quarter valued at approximately $32,000. Exane Derivatives purchased a new stake in Marriott Vacations Worldwide during the 4th quarter valued at approximately $38,000. Doyle Wealth Management purchased a new stake in Marriott Vacations Worldwide during the 4th quarter valued at approximately $38,000. Huntington National Bank raised its stake in Marriott Vacations Worldwide by 65.4% during the 4th quarter. Huntington National Bank now owns 579 shares of the company’s stock valued at $41,000 after acquiring an additional 229 shares during the last quarter. Finally, Private Capital Group LLC raised its stake in Marriott Vacations Worldwide by 205.2% during the 4th quarter. Private Capital Group LLC now owns 757 shares of the company’s stock valued at $53,000 after acquiring an additional 509 shares during the last quarter. 80.10% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have recently issued reports on VAC shares. ValuEngine downgraded Marriott Vacations Worldwide from a “sell” rating to a “strong sell” rating in a research note on Friday, December 21st. Deutsche Bank cut their target price on Marriott Vacations Worldwide from $134.00 to $93.00 and set a “hold” rating for the company in a research note on Monday, January 7th. Zacks Investment Research raised Marriott Vacations Worldwide from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 29th. Nomura cut their target price on Marriott Vacations Worldwide from $158.00 to $136.00 and set a “buy” rating for the company in a research note on Thursday, February 28th. Finally, SunTrust Banks increased their target price on Marriott Vacations Worldwide to $149.00 and gave the stock a “positive” rating in a research note on Friday, March 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $132.08.

Shares of VAC stock opened at $95.04 on Friday. The company has a market cap of $4.44 billion, a PE ratio of 16.44, a price-to-earnings-growth ratio of 1.35 and a beta of 1.64. Marriott Vacations Worldwide Corp has a 12-month low of $60.67 and a 12-month high of $142.83. The company has a quick ratio of 2.71, a current ratio of 3.49 and a debt-to-equity ratio of 1.10.

Marriott Vacations Worldwide (NYSE:VAC) last issued its earnings results on Thursday, February 28th. The company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.05. Marriott Vacations Worldwide had a return on equity of 8.45% and a net margin of 1.85%. On average, equities research analysts expect that Marriott Vacations Worldwide Corp will post 5.8 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Thursday, February 28th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend was Wednesday, February 27th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is 31.14%.

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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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