Holocene Advisors LP Purchases 26,199 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Holocene Advisors LP boosted its position in shares of Marriott Vacations Worldwide Co. (NYSE:VAC) by 71.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 62,729 shares of the company’s stock after buying an additional 26,199 shares during the quarter. Holocene Advisors LP owned approximately 0.18% of Marriott Vacations Worldwide worth $4,609,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. True Wealth Design LLC bought a new position in Marriott Vacations Worldwide in the 3rd quarter worth $32,000. Quarry LP raised its holdings in Marriott Vacations Worldwide by 368.4% in the 2nd quarter. Quarry LP now owns 445 shares of the company’s stock worth $39,000 after purchasing an additional 350 shares in the last quarter. Capital Performance Advisors LLP bought a new position in Marriott Vacations Worldwide in the 3rd quarter worth $39,000. Allspring Global Investments Holdings LLC raised its holdings in Marriott Vacations Worldwide by 128.0% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 652 shares of the company’s stock worth $57,000 after purchasing an additional 366 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its holdings in Marriott Vacations Worldwide by 6,881.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,117 shares of the company’s stock worth $82,000 after purchasing an additional 1,101 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors.

Marriott Vacations Worldwide Stock Performance

Shares of VAC stock opened at $97.27 on Thursday. Marriott Vacations Worldwide Co. has a one year low of $67.28 and a one year high of $108.57. The company’s 50-day moving average is $83.41 and its 200 day moving average is $81.93. The company has a market capitalization of $3.40 billion, a price-to-earnings ratio of 18.43, a price-to-earnings-growth ratio of 0.89 and a beta of 1.84. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Mizuho upped their price objective on shares of Marriott Vacations Worldwide from $110.00 to $117.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. StockNews.com upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Friday, November 8th. Barclays upped their target price on shares of Marriott Vacations Worldwide from $74.00 to $97.00 and gave the stock an “equal weight” rating in a research report on Friday, November 8th. Stifel Nicolaus upped their target price 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. Finally, Truist Financial upped their target price on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $101.56.

Insider Activity at Marriott Vacations Worldwide

In other news, insider Jason P. Marino acquired 700 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The shares were bought at an average cost of $69.00 per share, with a total value of $48,300.00. Following the transaction, the insider now owns 15,851 shares of the company’s stock, valued at $1,093,719. This trade represents a 4.62 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.30% of the stock is currently owned by insiders.

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.