Atala Financial Inc Makes New $112,000 Investment in Marriott Vacations Worldwide Co. (NYSE:VAC)

Atala Financial Inc bought a new position in shares of Marriott Vacations Worldwide Co. (NYSE:VAC) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 1,252 shares of the company’s stock, valued at approximately $112,000.

Several other hedge funds also recently made changes to their positions in VAC. True Wealth Design LLC bought a new position in shares of Marriott Vacations Worldwide during the 3rd quarter worth approximately $32,000. Blue Trust Inc. grew its stake in shares of Marriott Vacations Worldwide by 130.7% during the 4th quarter. Blue Trust Inc. now owns 533 shares of the company’s stock worth $48,000 after acquiring an additional 302 shares in the last quarter. Brown Lisle Cummings Inc. bought a new position in shares of Marriott Vacations Worldwide during the 4th quarter worth approximately $50,000. Quarry LP grew its stake in shares of Marriott Vacations Worldwide by 81.6% during the 3rd quarter. Quarry LP now owns 808 shares of the company’s stock worth $59,000 after acquiring an additional 363 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its stake in shares of Marriott Vacations Worldwide by 6,881.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,117 shares of the company’s stock worth $82,000 after acquiring an additional 1,101 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on VAC shares. Barclays decreased their price target on shares of Marriott Vacations Worldwide from $116.00 to $97.00 and set an “overweight” rating for the company in a research note on Friday, February 28th. Truist Financial decreased their target price on shares of Marriott Vacations Worldwide from $142.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Stifel Nicolaus decreased their target price on shares of Marriott Vacations Worldwide from $112.00 to $108.00 and set a “buy” rating for the company in a research note on Thursday, February 27th. The Goldman Sachs Group raised their target price on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a “sell” rating in a research note on Tuesday, December 10th. Finally, Mizuho raised their target price on shares of Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $102.75.

Insider Transactions at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, insider Stephanie Sobeck Butera bought 650 shares of Marriott Vacations Worldwide stock in a transaction dated Thursday, March 6th. The stock was bought at an average price of $71.66 per share, with a total value of $46,579.00. Following the completion of the transaction, the insider now owns 8,770 shares in the company, valued at $628,458.20. The trade was a 8.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.30% of the company’s stock.

Marriott Vacations Worldwide Trading Up 0.2 %

Shares of Marriott Vacations Worldwide stock opened at $66.55 on Friday. The business has a fifty day simple moving average of $82.39 and a two-hundred day simple moving average of $82.95. Marriott Vacations Worldwide Co. has a 1 year low of $65.94 and a 1 year high of $108.57. The company has a market capitalization of $2.32 billion, a price-to-earnings ratio of 12.68, a P/E/G ratio of 0.67 and a beta of 1.83. 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 (NYSE:VAC) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.35. Marriott Vacations Worldwide had a return on equity of 10.89% and a net margin of 4.20%. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.24 billion. Research analysts forecast that Marriott Vacations Worldwide Co. will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be issued a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 4.75%. The ex-dividend date of this dividend is Wednesday, March 5th. Marriott Vacations Worldwide’s dividend payout ratio is 56.23%.

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.