Merit Financial Group LLC acquired a new position in shares of Marriott Vacations Worldwide Co. (NYSE:VAC – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,383 shares of the company’s stock, valued at approximately $214,000.
A number of other hedge funds have also recently added to or reduced their stakes in VAC. Hotchkis & Wiley Capital Management LLC lifted its position 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 worth $81,032,000 after buying an additional 168,130 shares during the last quarter. Victory Capital Management Inc. boosted its stake in Marriott Vacations Worldwide by 0.5% in the third quarter. Victory Capital Management Inc. now owns 767,818 shares of the company’s stock valued at $56,419,000 after acquiring an additional 3,983 shares during the period. New South Capital Management Inc. grew its holdings in shares of Marriott Vacations Worldwide by 6.6% during the third quarter. New South Capital Management Inc. now owns 364,394 shares of the company’s stock valued at $26,776,000 after purchasing an additional 22,672 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Marriott Vacations Worldwide by 178.2% during the 2nd quarter. AQR Capital Management LLC now owns 355,089 shares of the company’s stock worth $29,771,000 after purchasing an additional 227,465 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in shares of Marriott Vacations Worldwide in the 3rd quarter worth approximately $14,983,000. Institutional investors and hedge funds own 89.52% of the company’s stock.
Marriott Vacations Worldwide Price Performance
NYSE VAC opened at $86.67 on Monday. Marriott Vacations Worldwide Co. has a 12 month low of $67.28 and a 12 month high of $108.57. The firm has a market capitalization of $3.03 billion, a PE ratio of 16.51, a P/E/G ratio of 0.65 and a beta of 1.84. The company’s 50 day simple moving average is $90.89 and its 200 day simple moving average is $82.48. The company has a debt-to-equity ratio of 2.19, a current ratio of 3.53 and a quick ratio of 2.86.
Marriott Vacations Worldwide Increases Dividend
Analysts Set New Price Targets
VAC has been the subject of a number of recent research reports. Truist Financial upped their price objective on Marriott Vacations Worldwide from $139.00 to $142.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Stifel Nicolaus upped their price target on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Barclays upgraded shares of Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $97.00 to $116.00 in a research report on Friday, December 13th. The Goldman Sachs Group upped their target price on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a “sell” rating in a research report on Tuesday, December 10th. Finally, Mizuho lifted their price target on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $105.67.
Get Our Latest Stock Analysis on VAC
About Marriott Vacations Worldwide
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.
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