Oak Thistle LLC Has $372,000 Stock Holdings in Marriott Vacations Worldwide Co. (NYSE:VAC)

Oak Thistle LLC decreased its position in Marriott Vacations Worldwide Co. (NYSE:VAC) by 45.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,147 shares of the company’s stock after selling 3,457 shares during the period. Oak Thistle LLC’s holdings in Marriott Vacations Worldwide were worth $372,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Verity Asset Management Inc. increased its position in shares of Marriott Vacations Worldwide by 3.1% during the third quarter. Verity Asset Management Inc. now owns 4,303 shares of the company’s stock valued at $316,000 after purchasing an additional 131 shares during the period. Stifel Financial Corp increased its holdings in Marriott Vacations Worldwide by 3.4% in the 3rd quarter. Stifel Financial Corp now owns 5,596 shares of the company’s stock valued at $411,000 after buying an additional 184 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of Marriott Vacations Worldwide by 5.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 4,251 shares of the company’s stock valued at $371,000 after buying an additional 216 shares in the last quarter. Covestor Ltd lifted its holdings in shares of Marriott Vacations Worldwide by 32.3% during the 3rd quarter. Covestor Ltd now owns 1,372 shares of the company’s stock worth $101,000 after acquiring an additional 335 shares during the period. Finally, Quarry LP boosted its position in shares of Marriott Vacations Worldwide by 368.4% during the 2nd quarter. Quarry LP now owns 445 shares of the company’s stock valued at $39,000 after acquiring an additional 350 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

Wall Street Analyst Weigh In

VAC has been the topic of a number of recent research reports. Truist Financial lifted their price objective on Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. The Goldman Sachs Group upped their price target on Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a “sell” rating in a research report on Tuesday, December 10th. Stifel Nicolaus lifted their price objective on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Morgan Stanley assumed coverage on shares of Marriott Vacations Worldwide in a report on Monday, January 6th. They issued an “underweight” rating and a $87.00 target price on the stock. Finally, Mizuho lifted their price target on shares of Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $105.67.

Marriott Vacations Worldwide Price Performance

Marriott Vacations Worldwide stock opened at $85.27 on Friday. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of 16.24, a P/E/G ratio of 0.63 and a beta of 1.84. Marriott Vacations Worldwide Co. has a 12-month low of $67.28 and a 12-month high of $108.57. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19. The business’s 50-day simple moving average is $91.97 and its 200 day simple moving average is $82.34.

Marriott Vacations Worldwide Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, December 19th were given a dividend of $0.79 per share. This is a boost 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 3.71%. Marriott Vacations Worldwide’s payout ratio is currently 60.19%.

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.