Savant Capital LLC Sells 1,722 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Savant Capital LLC lessened its holdings in Marriott Vacations Worldwide Co. (NYSE:VAC) by 1.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 144,499 shares of the company’s stock after selling 1,722 shares during the quarter. Savant Capital LLC owned approximately 0.41% of Marriott Vacations Worldwide worth $12,976,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. Verity Asset Management Inc. grew its position in Marriott Vacations Worldwide by 3.1% in the 3rd quarter. Verity Asset Management Inc. now owns 4,303 shares of the company’s stock valued at $316,000 after acquiring an additional 131 shares during the last quarter. Pacer Advisors Inc. grew its position in Marriott Vacations Worldwide by 2.7% in the 4th quarter. Pacer Advisors Inc. now owns 6,404 shares of the company’s stock valued at $575,000 after acquiring an additional 166 shares during the last quarter. Stifel Financial Corp grew its position in Marriott Vacations Worldwide by 3.4% in the 3rd quarter. Stifel Financial Corp now owns 5,596 shares of the company’s stock valued at $411,000 after acquiring an additional 184 shares during the last quarter. Blue Trust Inc. grew its position in Marriott Vacations Worldwide by 130.7% in the 4th quarter. Blue Trust Inc. now owns 533 shares of the company’s stock valued at $48,000 after acquiring an additional 302 shares during the last quarter. Finally, Covestor Ltd grew its position in Marriott Vacations Worldwide by 32.3% in the 3rd quarter. Covestor Ltd now owns 1,372 shares of the company’s stock valued at $101,000 after acquiring an additional 335 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Trading Down 1.6 %

Shares of NYSE VAC opened at $84.10 on Tuesday. The company has a debt-to-equity ratio of 2.19, a current ratio of 3.53 and a quick ratio of 2.86. The stock has a market capitalization of $2.94 billion, a P/E ratio of 16.02, a price-to-earnings-growth ratio of 0.66 and a beta of 1.83. Marriott Vacations Worldwide Co. has a 1-year low of $67.28 and a 1-year high of $108.57. The business has a fifty day moving average price of $89.01 and a 200 day moving average price of $82.38.

Marriott Vacations Worldwide Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Thursday, December 19th were paid a dividend of $0.79 per share. This is a boost from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. This represents a $3.16 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date was Thursday, December 19th. Marriott Vacations Worldwide’s dividend payout ratio is 60.19%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on VAC. The Goldman Sachs Group upped their price objective on Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a “sell” rating in a research report on Tuesday, December 10th. Mizuho increased their price target on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Morgan Stanley started coverage on Marriott Vacations Worldwide in a research report on Monday, January 6th. They set an “underweight” rating and a $87.00 price target on the stock. Stifel Nicolaus increased their price target on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, Truist Financial increased their price target on Marriott Vacations Worldwide from $139.00 to $142.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $105.67.

Marriott Vacations Worldwide Company 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.