Grandview Asset Management LLC Has $594,000 Position in Marriott Vacations Worldwide Co. (NYSE:VAC)

Grandview Asset Management LLC decreased its stake in Marriott Vacations Worldwide Co. (NYSE:VAC) by 4.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,620 shares of the company’s stock after selling 300 shares during the period. Grandview Asset Management LLC’s holdings in Marriott Vacations Worldwide were worth $594,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in VAC. AQR Capital Management LLC raised its stake in Marriott Vacations Worldwide by 178.2% during the second quarter. AQR Capital Management LLC now owns 355,089 shares of the company’s stock worth $29,771,000 after buying an additional 227,465 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Marriott Vacations Worldwide by 14.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,599,789 shares of the company’s stock worth $139,687,000 after acquiring an additional 207,938 shares during the period. International Assets Investment Management LLC bought a new position in shares of Marriott Vacations Worldwide in the 3rd quarter worth about $14,983,000. Hotchkis & Wiley Capital Management LLC lifted its stake in shares of Marriott Vacations Worldwide by 18.0% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 1,102,774 shares of the company’s stock valued at $81,032,000 after purchasing an additional 168,130 shares during the period. Finally, Tremblant Capital Group boosted its position in shares of Marriott Vacations Worldwide by 79.7% during the 2nd quarter. Tremblant Capital Group now owns 93,858 shares of the company’s stock valued at $8,196,000 after purchasing an additional 41,616 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors.

Marriott Vacations Worldwide Stock Performance

Shares of VAC opened at $82.31 on Tuesday. The firm has a market capitalization of $2.87 billion, a P/E ratio of 15.68, a P/E/G ratio of 0.86 and a beta of 1.84. Marriott Vacations Worldwide Co. has a 52 week low of $67.28 and a 52 week high of $108.57. The stock has a 50 day moving average price of $91.83 and a two-hundred day moving average price of $82.33. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53.

Marriott Vacations Worldwide Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, December 19th were paid a dividend of $0.79 per share. The ex-dividend date of this dividend was Thursday, December 19th. This is a boost from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. This represents a $3.16 annualized dividend and a yield of 3.84%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is 60.19%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on VAC shares. Barclays upgraded shares of Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $97.00 to $116.00 in a research report on Friday, December 13th. The Goldman Sachs Group upped their price objective on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a “sell” rating in a report on Tuesday, December 10th. Mizuho raised their target price on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Stifel Nicolaus upped their price target on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, Morgan Stanley initiated coverage on Marriott Vacations Worldwide in a research note on Monday, January 6th. They issued an “underweight” rating and a $87.00 price objective for the company. Two analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target 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.