FrontFour Capital Group LLC reduced its stake in shares of Marriott Vacations Worldwide Corp (NYSE:VAC) by 15.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 289,574 shares of the company’s stock after selling 51,082 shares during the quarter. Marriott Vacations Worldwide accounts for approximately 17.9% of FrontFour Capital Group LLC’s portfolio, making the stock its largest holding. FrontFour Capital Group LLC owned about 0.62% of Marriott Vacations Worldwide worth $20,418,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Neuburgh Advisers LLC grew its stake in shares of Marriott Vacations Worldwide by 4.5% during the fourth quarter. Neuburgh Advisers LLC now owns 3,360 shares of the company’s stock valued at $237,000 after buying an additional 144 shares during the last quarter. Wetherby Asset Management Inc. grew its stake in shares of Marriott Vacations Worldwide by 1.5% in the fourth quarter. Wetherby Asset Management Inc. now owns 12,823 shares of the company’s stock worth $904,000 after purchasing an additional 189 shares during the last quarter. Huntington National Bank grew its stake in shares of Marriott Vacations Worldwide by 65.4% in the fourth quarter. Huntington National Bank now owns 579 shares of the company’s stock worth $41,000 after purchasing an additional 229 shares during the last quarter. Advisor Group Inc. grew its stake in shares of Marriott Vacations Worldwide by 9.4% in the fourth quarter. Advisor Group Inc. now owns 2,991 shares of the company’s stock worth $210,000 after purchasing an additional 258 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its stake in shares of Marriott Vacations Worldwide by 1.6% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 16,366 shares of the company’s stock worth $1,154,000 after purchasing an additional 263 shares during the last quarter. 80.10% of the stock is currently owned by hedge funds and other institutional investors.

Shares of VAC opened at $95.04 on Friday. 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 Corp has a one year low of $60.67 and a one year high of $142.83. The stock has a market capitalization of $4.44 billion, a price-to-earnings ratio of 16.44, a P/E/G ratio of 1.35 and a beta of 1.64.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings data on Thursday, February 28th. The company reported $1.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.44 by $0.05. Marriott Vacations Worldwide had a net margin of 1.85% and a return on equity of 8.45%. Sell-side analysts predict that Marriott Vacations Worldwide Corp will post 5.8 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Shareholders of record on Thursday, February 28th were issued a $0.45 dividend. The ex-dividend date was Wednesday, February 27th. This represents a $1.80 annualized dividend and a yield of 1.89%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently 31.14%.

Several analysts recently issued reports on VAC shares. ValuEngine cut Marriott Vacations Worldwide from a “sell” rating to a “strong sell” rating in a research note on Friday, December 21st. Deutsche Bank cut their target price on Marriott Vacations Worldwide from $134.00 to $93.00 and set a “hold” rating on the stock in a research note on Monday, January 7th. Zacks Investment Research raised Marriott Vacations Worldwide from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 29th. Nomura cut their target price on Marriott Vacations Worldwide from $158.00 to $136.00 and set a “buy” rating on the stock in a research note on Thursday, February 28th. Finally, SunTrust Banks raised their target price on Marriott Vacations Worldwide to $149.00 and gave the stock a “positive” rating in a research note on Friday, March 1st. One 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’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $132.08.

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Marriott Vacations Worldwide 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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