Cwm LLC Purchases 2,667 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Cwm LLC lifted its position in Marriott Vacations Worldwide Co. (NYSE:VAC) by 97.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,391 shares of the company’s stock after acquiring an additional 2,667 shares during the quarter. Cwm LLC’s holdings in Marriott Vacations Worldwide were worth $396,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VAC. Vanguard Group Inc. grew its stake in shares of Marriott Vacations Worldwide by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 3,123,164 shares of the company’s stock worth $265,125,000 after acquiring an additional 44,774 shares in the last quarter. TB Alternative Assets Ltd. bought a new position in Marriott Vacations Worldwide during the first quarter valued at about $711,000. Wealth Enhancement Advisory Services LLC bought a new position in Marriott Vacations Worldwide during the first quarter valued at about $578,000. Vanguard Capital Wealth Advisors bought a new position in Marriott Vacations Worldwide during the first quarter valued at about $512,000. Finally, Diversified Trust Co grew its position in Marriott Vacations Worldwide by 3.0% during the first quarter. Diversified Trust Co now owns 3,833 shares of the company’s stock valued at $413,000 after buying an additional 112 shares during the period. Institutional investors own 89.52% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on VAC shares. Truist Financial reduced their price target on shares of Marriott Vacations Worldwide from $161.00 to $159.00 and set a “buy” rating for the company in a research report on Friday, July 19th. StockNews.com lowered shares of Marriott Vacations Worldwide from a “hold” rating to a “sell” rating in a research report on Friday, July 19th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Marriott Vacations Worldwide from $121.00 to $95.00 and set a “buy” rating for the company in a research report on Tuesday, August 6th. The Goldman Sachs Group assumed coverage on shares of Marriott Vacations Worldwide in a research report on Wednesday, September 18th. They set a “sell” rating and a $62.00 target price for the company. Finally, JMP Securities cut their target price on shares of Marriott Vacations Worldwide from $115.00 to $90.00 and set a “market outperform” rating for the company in a research report on Friday, August 2nd. Three analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $96.65.

Marriott Vacations Worldwide Trading Down 1.3 %

Shares of Marriott Vacations Worldwide stock opened at $79.36 on Monday. Marriott Vacations Worldwide Co. has a 12-month low of $67.28 and a 12-month high of $108.57. The company has a market cap of $2.79 billion, a price-to-earnings ratio of 14.67, a PEG ratio of 0.67 and a beta of 1.80. The company has a current ratio of 3.28, a quick ratio of 2.72 and a debt-to-equity ratio of 2.21. The company’s 50-day moving average price is $73.41 and its 200-day moving average price is $84.60.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.89). Marriott Vacations Worldwide had a return on equity of 9.89% and a net margin of 3.41%. The firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the company posted $2.19 earnings per share. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. On average, equities analysts expect that Marriott Vacations Worldwide Co. will post 6.11 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend was Thursday, September 19th. Marriott Vacations Worldwide’s dividend payout ratio is currently 56.19%.

Insider Activity at Marriott Vacations Worldwide

In related news, insider Jason P. Marino bought 700 shares of the stock in a transaction that occurred on Wednesday, September 11th. The shares were acquired at an average cost of $69.00 per share, with a total value of $48,300.00. Following the completion of the purchase, the insider now directly owns 15,851 shares of the company’s stock, valued at $1,093,719. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 1.70% of the stock is currently 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.