Blueshift Asset Management LLC Buys Shares of 3,783 Marriott Vacations Worldwide Co. (NYSE:VAC)

Blueshift Asset Management LLC acquired a new stake in Marriott Vacations Worldwide Co. (NYSE:VAC) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,783 shares of the company’s stock, valued at approximately $278,000.

Other institutional investors have also modified their holdings of the company. Bridgewater Associates LP lifted its position in Marriott Vacations Worldwide by 11.2% in the third quarter. Bridgewater Associates LP now owns 25,752 shares of the company’s stock valued at $1,892,000 after acquiring an additional 2,603 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of Marriott Vacations Worldwide in the 3rd quarter valued at about $954,000. Cerity Partners LLC boosted its position in shares of Marriott Vacations Worldwide by 167.5% in the 3rd quarter. Cerity Partners LLC now owns 7,739 shares of the company’s stock valued at $569,000 after purchasing an additional 4,846 shares during the period. Investors Research Corp purchased a new position in Marriott Vacations Worldwide during the 3rd quarter worth approximately $1,260,000. Finally, Pathstone Holdings LLC increased its position in Marriott Vacations Worldwide by 3.6% during the third quarter. Pathstone Holdings LLC now owns 153,860 shares of the company’s stock worth $11,306,000 after buying an additional 5,391 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Trading Up 0.4 %

NYSE:VAC opened at $96.84 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 2.19, a quick ratio of 2.86 and a current ratio of 3.53. The stock has a fifty day moving average price of $81.61 and a two-hundred day moving average price of $82.12. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 18.45, a PEG ratio of 0.89 and a beta of 1.79.

Marriott Vacations Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 19th were paid a $0.76 dividend. This represents a $3.04 annualized dividend and a dividend yield of 3.14%. The ex-dividend date was Thursday, September 19th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is 57.90%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. 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 price objective for the company. JMP Securities lowered their price objective 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. Barclays upped their target price on shares of Marriott Vacations Worldwide from $74.00 to $97.00 and gave the company an “equal weight” rating in a report on Friday, November 8th. StockNews.com raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Friday, November 8th. Finally, Stifel Nicolaus upped their price objective on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the company a “buy” rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $101.56.

Insider Buying and Selling

In other news, insider Jason P. Marino bought 700 shares of the stock in a transaction on Wednesday, September 11th. The shares were bought at an average price of $69.00 per share, with a total value of $48,300.00. Following the completion of the acquisition, the insider now owns 15,851 shares of the company’s stock, valued at approximately $1,093,719. This trade represents a 4.62 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is owned by insiders.

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.