Point72 Hong Kong Ltd lessened its holdings in shares of Marriott Vacations Worldwide Corp (NYSE:VAC) by 24.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,153 shares of the company’s stock after selling 708 shares during the period. Point72 Hong Kong Ltd’s holdings in Marriott Vacations Worldwide were worth $277,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in VAC. Carmichael Hill & Associates Inc. acquired a new position in Marriott Vacations Worldwide during the 4th quarter worth about $34,000. Orion Portfolio Solutions LLC acquired a new position in shares of Marriott Vacations Worldwide during the fourth quarter worth approximately $35,000. Duncker Streett & Co. Inc. acquired a new position in shares of Marriott Vacations Worldwide during the fourth quarter worth approximately $48,000. Allworth Financial LP acquired a new position in shares of Marriott Vacations Worldwide during the fourth quarter worth approximately $52,000. Finally, Chevy Chase Trust Holdings Inc. bought a new stake in shares of Marriott Vacations Worldwide during the fourth quarter valued at approximately $52,000. Institutional investors own 82.50% of the company’s stock.

In related news, VP Brian E. Miller sold 15,083 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $129.95, for a total value of $1,960,035.85. Following the sale, the vice president now directly owns 35,357 shares in the company, valued at approximately $4,594,642.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Stephen P. Weisz sold 44,907 shares of Marriott Vacations Worldwide stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $123.20, for a total transaction of $5,532,542.40. Following the transaction, the chief executive officer now directly owns 305,241 shares in the company, valued at approximately $37,605,691.20. The disclosure for this sale can be found here. Corporate insiders own 2.30% of the company’s stock.

NYSE:VAC traded up $8.43 on Thursday, hitting $62.07. 1,254,386 shares of the stock were exchanged, compared to its average volume of 504,585. The company has a debt-to-equity ratio of 1.35, a quick ratio of 2.50 and a current ratio of 3.16. Marriott Vacations Worldwide Corp has a 52 week low of $30.10 and a 52 week high of $131.27. The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of 19.96 and a beta of 1.89. The company’s 50-day moving average price is $96.75 and its 200 day moving average price is $112.38.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $2.43 EPS for the quarter, missing the consensus estimate of $2.58 by ($0.15). Marriott Vacations Worldwide had a return on equity of 10.90% and a net margin of 3.13%. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.13 billion. As a group, equities research analysts predict that Marriott Vacations Worldwide Corp will post 9.5 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, February 27th were paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date of this dividend was Wednesday, February 26th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is currently 27.66%.

Separately, ValuEngine raised Marriott Vacations Worldwide from a “strong sell” rating to a “sell” rating in a report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $129.83.

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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