Retirement Systems of Alabama trimmed its stake in Marriott Vacations Worldwide Corp (NYSE:VAC) by 1.6% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 112,164 shares of the company’s stock after selling 1,857 shares during the quarter. Retirement Systems of Alabama owned approximately 0.25% of Marriott Vacations Worldwide worth $10,487,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VAC. Vanguard Group Inc grew its holdings in shares of Marriott Vacations Worldwide by 63.2% in the 3rd quarter. Vanguard Group Inc now owns 3,428,227 shares of the company’s stock worth $383,104,000 after acquiring an additional 1,327,758 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Marriott Vacations Worldwide by 63.2% during the third quarter. Vanguard Group Inc. now owns 3,428,227 shares of the company’s stock valued at $383,104,000 after buying an additional 1,327,758 shares in the last quarter. Nantahala Capital Management LLC purchased a new position in shares of Marriott Vacations Worldwide during the fourth quarter valued at $55,992,000. Prudential Financial Inc. grew its holdings in shares of Marriott Vacations Worldwide by 1,426.5% during the fourth quarter. Prudential Financial Inc. now owns 504,921 shares of the company’s stock valued at $35,602,000 after buying an additional 471,845 shares in the last quarter. Finally, Morgan Stanley grew its holdings in shares of Marriott Vacations Worldwide by 579.3% during the third quarter. Morgan Stanley now owns 549,926 shares of the company’s stock valued at $61,453,000 after buying an additional 468,969 shares in the last quarter. Institutional investors and hedge funds own 84.40% of the company’s stock.

Shares of NYSE VAC opened at $104.57 on Friday. The company has a current ratio of 3.49, a quick ratio of 2.71 and a debt-to-equity ratio of 1.10. Marriott Vacations Worldwide Corp has a one year low of $60.67 and a one year high of $138.00. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of 17.75, a PEG ratio of 1.49 and a beta of 1.62.

Marriott Vacations Worldwide (NYSE:VAC) last issued its earnings results on Thursday, February 28th. The company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.04. Marriott Vacations Worldwide had a return on equity of 8.45% and a net margin of 1.85%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.04 billion. On average, equities research analysts anticipate that Marriott Vacations Worldwide Corp will post 7.78 EPS for the current fiscal year.

In other Marriott Vacations Worldwide news, SVP Laurie A. Sullivan sold 2,857 shares of the business’s stock in a transaction dated Friday, March 29th. The stock was sold at an average price of $95.87, for a total value of $273,900.59. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 2.30% of the company’s stock.

VAC has been the topic of a number of research analyst reports. Deutsche Bank lowered their price target on Marriott Vacations Worldwide from $134.00 to $93.00 and set a “hold” rating on the stock in a report on Monday, January 7th. ValuEngine upgraded Marriott Vacations Worldwide from a “strong sell” rating to a “sell” rating in a report on Thursday, January 24th. Zacks Investment Research downgraded Marriott Vacations Worldwide from a “buy” rating to a “hold” rating in a report on Saturday, February 9th. Nomura lowered their price target 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. Finally, SunTrust Banks lifted their price target on Marriott Vacations Worldwide to $149.00 and gave the company a “positive” rating in a report on Friday, March 1st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $128.83.

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Marriott Vacations Worldwide Company Profile

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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