Marriott Vacations Worldwide Co. (NYSE:VAC) Stock Holdings Decreased by Amalgamated Bank

Amalgamated Bank decreased its stake in shares of Marriott Vacations Worldwide Co. (NYSE:VAC) by 25.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,469 shares of the company’s stock after selling 5,412 shares during the period. Amalgamated Bank’s holdings in Marriott Vacations Worldwide were worth $1,137,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of VAC. Harbor Capital Advisors Inc. raised its stake in Marriott Vacations Worldwide by 160.0% during the third quarter. Harbor Capital Advisors Inc. now owns 66,185 shares of the company’s stock valued at $4,863,000 after buying an additional 40,728 shares in the last quarter. Pallas Capital Advisors LLC increased its holdings in shares of Marriott Vacations Worldwide by 2.8% in the 3rd quarter. Pallas Capital Advisors LLC now owns 35,285 shares of the company’s stock valued at $2,706,000 after acquiring an additional 968 shares during the last quarter. Nisa Investment Advisors LLC raised its position in shares of Marriott Vacations Worldwide by 53.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 8,933 shares of the company’s stock valued at $663,000 after acquiring an additional 3,110 shares in the last quarter. Semanteon Capital Management LP bought a new position in Marriott Vacations Worldwide during the third quarter worth $236,000. Finally, J.W. Cole Advisors Inc. acquired a new position in Marriott Vacations Worldwide in the third quarter worth $225,000. Institutional investors own 89.52% of the company’s stock.

Insider Buying and Selling

In related news, insider Jason P. Marino bought 700 shares of the stock in a transaction on Wednesday, September 11th. The shares were purchased at an average price of $69.00 per share, with a total value of $48,300.00. Following the purchase, the insider now owns 15,851 shares in the company, valued at approximately $1,093,719. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on VAC shares. Mizuho increased their target price on shares of Marriott Vacations Worldwide from $110.00 to $117.00 and gave the stock an “outperform” rating in a report on Tuesday. The Goldman Sachs Group started coverage on shares of Marriott Vacations Worldwide in a research note on Wednesday, September 18th. They set a “sell” rating and a $62.00 price objective on the stock. Stifel Nicolaus decreased their target price on Marriott Vacations Worldwide from $108.00 to $96.50 and set a “buy” rating for the company in a research note on Friday, September 13th. Barclays increased their price target on Marriott Vacations Worldwide from $74.00 to $97.00 and gave the stock an “equal weight” rating in a research report on Friday, November 8th. Finally, StockNews.com upgraded Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Marriott Vacations Worldwide currently has a consensus rating of “Hold” and a consensus price target of $98.05.

Marriott Vacations Worldwide Stock Down 1.3 %

VAC opened at $92.68 on Thursday. The stock’s 50 day moving average price is $77.30 and its 200 day moving average price is $82.43. The company has a debt-to-equity ratio of 2.19, a current ratio of 3.53 and a quick ratio of 2.86. The stock has a market cap of $3.24 billion, a P/E ratio of 17.65, a P/E/G ratio of 0.85 and a beta of 1.79. Marriott Vacations Worldwide Co. has a 12 month low of $67.28 and a 12 month high of $108.57.

Marriott Vacations Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 19th were paid a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date of this dividend was Thursday, September 19th. Marriott Vacations Worldwide’s dividend payout ratio is currently 57.90%.

Marriott Vacations Worldwide Company 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.