Northern Trust Corp cut its holdings in shares of Marriott Vacations Worldwide Corp (NYSE:VAC) by 2.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 896,098 shares of the company’s stock after selling 25,253 shares during the quarter. Northern Trust Corp owned about 1.91% of Marriott Vacations Worldwide worth $63,184,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. BlackRock Inc. increased its holdings in shares of Marriott Vacations Worldwide by 0.8% during the 4th quarter. BlackRock Inc. now owns 4,715,828 shares of the company’s stock worth $332,514,000 after acquiring an additional 39,735 shares during the last quarter. Vanguard Group Inc. boosted its stake in Marriott Vacations Worldwide by 63.2% in the 3rd quarter. Vanguard Group Inc. now owns 3,428,227 shares of the company’s stock valued at $383,104,000 after purchasing an additional 1,327,758 shares during the period. Vanguard Group Inc boosted its stake in Marriott Vacations Worldwide by 63.2% in the 3rd quarter. Vanguard Group Inc now owns 3,428,227 shares of the company’s stock valued at $383,104,000 after purchasing an additional 1,327,758 shares during the period. Bamco Inc. NY boosted its stake in Marriott Vacations Worldwide by 14.5% in the 3rd quarter. Bamco Inc. NY now owns 3,091,578 shares of the company’s stock valued at $345,484,000 after purchasing an additional 392,033 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Marriott Vacations Worldwide by 53.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,234,273 shares of the company’s stock valued at $249,679,000 after purchasing an additional 774,107 shares during the period. 80.10% of the stock is currently owned by institutional investors and hedge funds.

VAC has been the subject of several recent research reports. Zacks Investment Research upgraded Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and set a $113.00 price target for the company in a research note on Tuesday, March 5th. Nomura reduced their price target on Marriott Vacations Worldwide from $158.00 to $136.00 and set a “buy” rating for the company in a research note on Thursday, February 28th. Deutsche Bank reduced their price target on Marriott Vacations Worldwide from $134.00 to $93.00 and set a “hold” rating for the company in a research note on Monday, January 7th. SunTrust Banks boosted their price target on Marriott Vacations Worldwide to $149.00 and gave the company a “positive” rating in a research note on Friday, March 1st. Finally, ValuEngine upgraded Marriott Vacations Worldwide from a “strong sell” rating to a “sell” rating in a research note on Thursday, January 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. Marriott Vacations Worldwide presently has a consensus rating of “Buy” and an average price target of $132.08.

VAC opened at $95.04 on Friday. The firm has a market capitalization of $4.44 billion, a P/E ratio of 16.44, a PEG ratio of 1.35 and a beta of 1.64. Marriott Vacations Worldwide Corp has a 1 year low of $60.67 and a 1 year high of $142.83. The company has a quick ratio of 2.71, a current ratio of 3.49 and a debt-to-equity ratio of 1.10.

Marriott Vacations Worldwide (NYSE:VAC) last released its earnings results on Thursday, February 28th. The company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.05. Marriott Vacations Worldwide had a return on equity of 8.45% and a net margin of 1.85%. On average, research analysts expect that Marriott Vacations Worldwide Corp will post 5.8 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Thursday, February 28th were given a dividend of $0.45 per share. The ex-dividend date was Wednesday, February 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.89%. Marriott Vacations Worldwide’s payout ratio is 31.14%.

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Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton, Westin, Hyatt Residence Club brands, and Marriott Vacation Club Pulse brands. The company operates through two segments, Vacation Ownership and Exchange & Third-Party Management.

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Institutional Ownership by Quarter for Marriott Vacations Worldwide (NYSE:VAC)

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