Marriott Vacations Worldwide Co. (NYSE:VAC) Shares Purchased by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. grew its stake in shares of Marriott Vacations Worldwide Co. (NYSE:VAC) by 1.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 66,847 shares of the company’s stock after buying an additional 662 shares during the period. Harbor Capital Advisors Inc. owned 0.19% of Marriott Vacations Worldwide worth $6,003,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. True Wealth Design LLC acquired a new stake in Marriott Vacations Worldwide during the third quarter worth approximately $32,000. Quarry LP grew its position in shares of Marriott Vacations Worldwide by 368.4% in the second quarter. Quarry LP now owns 445 shares of the company’s stock valued at $39,000 after purchasing an additional 350 shares during the period. Capital Performance Advisors LLP acquired a new position in Marriott Vacations Worldwide in the third quarter valued at $39,000. Venturi Wealth Management LLC lifted its position in Marriott Vacations Worldwide by 6,881.3% during the third quarter. Venturi Wealth Management LLC now owns 1,117 shares of the company’s stock worth $82,000 after buying an additional 1,101 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in Marriott Vacations Worldwide during the third quarter worth about $97,000. 89.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. StockNews.com raised shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. The Goldman Sachs Group boosted their target price 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. Morgan Stanley initiated coverage on shares of Marriott Vacations Worldwide in a research note on Monday, January 6th. They set an “underweight” rating and a $87.00 price target on the stock. Truist Financial boosted their price objective on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Mizuho increased their target price on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $105.67.

Marriott Vacations Worldwide Stock Down 2.7 %

Shares of Marriott Vacations Worldwide stock opened at $83.29 on Friday. Marriott Vacations Worldwide Co. has a twelve month low of $67.28 and a twelve month high of $108.57. The stock has a market cap of $2.91 billion, a price-to-earnings ratio of 15.86, a price-to-earnings-growth ratio of 0.86 and a beta of 1.84. The company has a current ratio of 3.53, a quick ratio of 2.86 and a debt-to-equity ratio of 2.19. The company has a fifty day moving average price of $91.66 and a 200 day moving average price of $82.37.

Marriott Vacations Worldwide Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, December 19th were given a $0.79 dividend. This is an increase from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. The ex-dividend date of this dividend was Thursday, December 19th. This represents a $3.16 annualized dividend and a dividend yield of 3.79%. Marriott Vacations Worldwide’s dividend payout ratio is presently 60.19%.

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.