Coldstream Capital Management Inc. Has $252,000 Stake in Marriott Vacations Worldwide Co. (NYSE:VAC)

Coldstream Capital Management Inc. cut its holdings in Marriott Vacations Worldwide Co. (NYSE:VAC) by 5.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,425 shares of the company’s stock after selling 199 shares during the period. Coldstream Capital Management Inc.’s holdings in Marriott Vacations Worldwide were worth $252,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. True Wealth Design LLC acquired a new stake in shares of Marriott Vacations Worldwide during the 3rd quarter worth $32,000. Quarry LP grew its position in Marriott Vacations Worldwide by 368.4% during the 2nd quarter. Quarry LP now owns 445 shares of the company’s stock worth $39,000 after acquiring an additional 350 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in shares of Marriott Vacations Worldwide in the third quarter valued at approximately $39,000. Allspring Global Investments Holdings LLC increased its position in Marriott Vacations Worldwide by 128.0% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 652 shares of the company’s stock valued at $57,000 after acquiring an additional 366 shares during the period. Finally, Venturi Wealth Management LLC increased its holdings in Marriott Vacations Worldwide by 6,881.3% in the third quarter. Venturi Wealth Management LLC now owns 1,117 shares of the company’s stock valued at $82,000 after purchasing an additional 1,101 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Marriott Vacations Worldwide Stock Down 0.1 %

VAC stock opened at $94.45 on Tuesday. The company has a market capitalization of $3.30 billion, a price-to-earnings ratio of 17.99, a PEG ratio of 0.87 and a beta of 1.84. Marriott Vacations Worldwide Co. has a fifty-two week low of $67.28 and a fifty-two week high of $108.57. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53. The stock has a fifty day moving average of $87.22 and a 200-day moving average of $82.10.

Marriott Vacations Worldwide Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, December 19th will be given a dividend of $0.79 per share. The ex-dividend date is Thursday, December 19th. This represents a $3.16 annualized dividend and a dividend yield of 3.35%. This is an increase from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. Marriott Vacations Worldwide’s dividend payout ratio is currently 60.19%.

Analysts Set New Price Targets

VAC has been the subject of a number of recent analyst reports. Truist Financial increased their target price on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Mizuho boosted their target price on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. Barclays upgraded shares of Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $97.00 to $116.00 in a report on Friday. StockNews.com raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. Finally, Stifel Nicolaus increased their target price on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $106.22.

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.