Venturi Wealth Management LLC Purchases 455 Shares of Marriott Vacations Worldwide Co. (NYSE:VAC)

Venturi Wealth Management LLC lifted its position in Marriott Vacations Worldwide Co. (NYSE:VAC) by 40.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,572 shares of the company’s stock after buying an additional 455 shares during the quarter. Venturi Wealth Management LLC’s holdings in Marriott Vacations Worldwide were worth $141,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Principal Financial Group Inc. grew its stake in shares of Marriott Vacations Worldwide by 2.0% in the 4th quarter. Principal Financial Group Inc. now owns 1,181,961 shares of the company’s stock valued at $106,140,000 after buying an additional 23,380 shares in the last quarter. Rhumbline Advisers grew its stake in shares of Marriott Vacations Worldwide by 1.0% in the 4th quarter. Rhumbline Advisers now owns 95,457 shares of the company’s stock valued at $8,572,000 after buying an additional 935 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Marriott Vacations Worldwide in the 4th quarter valued at approximately $293,000. Empowered Funds LLC bought a new stake in shares of Marriott Vacations Worldwide in the 4th quarter valued at approximately $307,000. Finally, Brown Lisle Cummings Inc. bought a new stake in Marriott Vacations Worldwide during the fourth quarter worth approximately $50,000. Institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Stock Down 4.0 %

VAC opened at $84.41 on Friday. Marriott Vacations Worldwide Co. has a 1-year low of $67.28 and a 1-year high of $108.57. The company has a current ratio of 3.53, a quick ratio of 2.86 and a debt-to-equity ratio of 2.19. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 16.08, a P/E/G ratio of 0.67 and a beta of 1.83. The business has a 50 day moving average of $87.26 and a 200-day moving average of $82.75.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be given a $0.79 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $3.16 annualized dividend and a dividend yield of 3.74%. Marriott Vacations Worldwide’s dividend payout ratio is 60.19%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on VAC. StockNews.com raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. Mizuho upped their target price on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Stifel Nicolaus upped 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. Morgan Stanley began coverage on Marriott Vacations Worldwide in a research report on Monday, January 6th. They set an “underweight” rating and a $87.00 target price for the company. Finally, Barclays raised Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $97.00 to $116.00 in a research report on Friday, December 13th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Marriott Vacations Worldwide presently has an average rating of “Hold” and a consensus target price of $105.67.

About Marriott Vacations Worldwide

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.