Wealth Enhancement Advisory Services LLC Acquires 1,874 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Wealth Enhancement Advisory Services LLC increased its holdings in Marriott Vacations Worldwide Co. (NYSE:VAC) by 31.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,837 shares of the company’s stock after acquiring an additional 1,874 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Marriott Vacations Worldwide were worth $576,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC raised its stake in shares of Marriott Vacations Worldwide by 615.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 286 shares of the company’s stock worth $31,000 after purchasing an additional 246 shares during the last quarter. Quarry LP raised its position in Marriott Vacations Worldwide by 368.4% in the 2nd quarter. Quarry LP now owns 445 shares of the company’s stock valued at $39,000 after buying an additional 350 shares during the last quarter. Innealta Capital LLC bought a new position in Marriott Vacations Worldwide during the 2nd quarter valued at $90,000. EMC Capital Management purchased a new position in Marriott Vacations Worldwide during the 1st quarter worth $144,000. Finally, Headlands Technologies LLC bought a new stake in shares of Marriott Vacations Worldwide in the 1st quarter worth $158,000. Institutional investors own 89.52% of the company’s stock.

Insider Activity at Marriott Vacations Worldwide

In related news, insider Jason P. Marino bought 700 shares of the company’s stock in a transaction on Wednesday, September 11th. The shares were purchased at an average price of $69.00 per share, for a total transaction of $48,300.00. Following the completion of the transaction, the insider now directly owns 15,851 shares in the company, valued at approximately $1,093,719. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

VAC has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Marriott Vacations Worldwide from $121.00 to $95.00 and set a “buy” rating on the stock in a research report on Tuesday, August 6th. JMP Securities dropped their target price on shares of Marriott Vacations Worldwide from $115.00 to $90.00 and set a “market outperform” rating on the stock in a research report on Friday, August 2nd. The Goldman Sachs Group started coverage on Marriott Vacations Worldwide in a report on Wednesday, September 18th. They issued a “sell” rating and a $62.00 target price for the company. Barclays decreased their price target on Marriott Vacations Worldwide from $82.00 to $74.00 and set an “equal weight” rating for the company in a research report on Thursday, September 26th. Finally, Stifel Nicolaus reduced their price objective on Marriott Vacations Worldwide from $108.00 to $96.50 and set a “buy” rating for the company in a research note on Friday, September 13th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Marriott Vacations Worldwide presently has a consensus rating of “Hold” and a consensus price target of $96.65.

Marriott Vacations Worldwide Stock Performance

Shares of VAC opened at $95.98 on Friday. Marriott Vacations Worldwide Co. has a 1 year low of $67.28 and a 1 year high of $108.57. The company has a debt-to-equity ratio of 2.21, a current ratio of 3.28 and a quick ratio of 2.72. The stock’s fifty day moving average price is $75.64 and its two-hundred day moving average price is $82.76. The firm has a market cap of $3.37 billion, a PE ratio of 22.74, a PEG ratio of 0.73 and a beta of 1.79.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $1.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.27. The business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Marriott Vacations Worldwide had a return on equity of 9.89% and a net margin of 3.41%. On average, equities research analysts forecast that Marriott Vacations Worldwide Co. will post 6.08 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 19th were issued a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 3.17%. The ex-dividend date was Thursday, September 19th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently 72.04%.

Marriott Vacations Worldwide 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.