Neuburgh Advisers LLC Has $237,000 Position in Marriott Vacations Worldwide Corp (VAC)

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Neuburgh Advisers LLC increased its position in Marriott Vacations Worldwide Corp (NYSE:VAC) by 4.5% in the 4th quarter, HoldingsChannel reports. The fund owned 3,360 shares of the company’s stock after buying an additional 144 shares during the quarter. Neuburgh Advisers LLC’s holdings in Marriott Vacations Worldwide were worth $237,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in VAC. BlackRock Inc. increased its holdings in Marriott Vacations Worldwide by 43.2% in the 3rd quarter. BlackRock Inc. now owns 4,676,093 shares of the company’s stock worth $522,552,000 after acquiring an additional 1,411,002 shares in the last quarter. Vanguard Group Inc grew its holdings in Marriott Vacations Worldwide by 63.2% during the 3rd quarter. Vanguard Group Inc now owns 3,428,227 shares of the company’s stock valued at $383,104,000 after buying an additional 1,327,758 shares in the last quarter. Vanguard Group Inc. grew its holdings in Marriott Vacations Worldwide by 63.2% during the 3rd quarter. Vanguard Group Inc. now owns 3,428,227 shares of the company’s stock valued at $383,104,000 after buying an additional 1,327,758 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Marriott Vacations Worldwide by 53.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,234,273 shares of the company’s stock valued at $249,679,000 after buying an additional 774,107 shares in the last quarter. Finally, Prudential Financial Inc. grew its holdings in Marriott Vacations Worldwide by 1,426.5% during the 4th quarter. Prudential Financial Inc. now owns 504,921 shares of the company’s stock valued at $35,602,000 after buying an additional 471,845 shares in the last quarter. 80.10% of the stock is owned by institutional investors.

Shares of VAC opened at $95.04 on Monday. 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 1 year low of $60.67 and a 1 year high of $142.83. The company has a market cap of $4.47 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 posted 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 net margin of 1.85% and a return on equity of 8.45%. Analysts forecast that Marriott Vacations Worldwide Corp will post 5.8 earnings per share for the current fiscal year.

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

A number of equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Marriott Vacations Worldwide from a “buy” rating to a “hold” rating in a report on Wednesday, March 6th. SunTrust Banks increased their price objective on shares of Marriott Vacations Worldwide to $149.00 and gave the company a “positive” rating in a report on Friday, March 1st. Nomura cut their price objective on shares of Marriott Vacations Worldwide from $158.00 to $136.00 and set a “buy” rating for the company in a report on Thursday, February 28th. ValuEngine raised shares of Marriott Vacations Worldwide from a “strong sell” rating to a “sell” rating in a report on Thursday, January 24th. Finally, Deutsche Bank cut their price objective on shares of Marriott Vacations Worldwide from $134.00 to $93.00 and set a “hold” rating for the company in a report on Monday, January 7th. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $132.08.

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About Marriott Vacations Worldwide

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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