Ieq Capital LLC Purchases 18,208 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Ieq Capital LLC boosted its holdings in Marriott Vacations Worldwide Co. (NYSE:VAC) by 665.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,945 shares of the company’s stock after purchasing an additional 18,208 shares during the period. Ieq Capital LLC owned about 0.06% of Marriott Vacations Worldwide worth $1,881,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. International Assets Investment Management LLC purchased a new position in shares of Marriott Vacations Worldwide during the 3rd quarter valued at $14,983,000. Hotchkis & Wiley Capital Management LLC boosted its holdings in Marriott Vacations Worldwide by 18.0% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 1,102,774 shares of the company’s stock worth $81,032,000 after buying an additional 168,130 shares during the period. Cibc World Market Inc. boosted its holdings in shares of Marriott Vacations Worldwide by 251.3% in the fourth quarter. Cibc World Market Inc. now owns 133,372 shares of the company’s stock worth $11,977,000 after acquiring an additional 95,409 shares during the period. Harbor Capital Advisors Inc. boosted its stake in Marriott Vacations Worldwide by 160.0% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 66,185 shares of the company’s stock worth $4,863,000 after purchasing an additional 40,728 shares during the period. Finally, Holocene Advisors LP grew its stake in Marriott Vacations Worldwide by 71.7% during the third quarter. Holocene Advisors LP now owns 62,729 shares of the company’s stock valued at $4,609,000 after acquiring an additional 26,199 shares in the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Stifel Nicolaus boosted their target price on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Mizuho lifted their price target on shares of Marriott Vacations Worldwide from $110.00 to $117.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Barclays upgraded Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $97.00 to $116.00 in a report on Friday, December 13th. StockNews.com raised shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. Finally, The Goldman Sachs Group lifted their price objective on Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a “sell” rating in a research report on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $105.50.

Marriott Vacations Worldwide Stock Performance

Marriott Vacations Worldwide stock opened at $84.41 on Monday. Marriott Vacations Worldwide Co. has a fifty-two week low of $67.28 and a fifty-two week high of $108.57. The stock’s 50 day simple moving average is $87.26 and its two-hundred day simple moving average is $82.81. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53. The stock has a market cap of $2.95 billion, a price-to-earnings ratio of 16.08, a PEG ratio of 0.67 and a beta of 1.83.

Marriott Vacations Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be paid a $0.79 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $3.16 annualized dividend and a yield of 3.74%. Marriott Vacations Worldwide’s payout ratio is 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.