Parametrica Management Ltd Sells 626 Shares of Marriott Vacations Worldwide Corp (VAC)

Parametrica Management Ltd lessened its stake in shares of Marriott Vacations Worldwide Corp (NYSE:VAC) by 21.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,305 shares of the company’s stock after selling 626 shares during the period. Parametrica Management Ltd’s holdings in Marriott Vacations Worldwide were worth $312,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Bamco Inc. NY increased its stake in Marriott Vacations Worldwide by 0.6% during the 3rd quarter. Bamco Inc. NY now owns 2,162,214 shares of the company’s stock worth $269,261,000 after acquiring an additional 13,800 shares during the period. Vanguard Group Inc. increased its stake in Marriott Vacations Worldwide by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 1,981,032 shares of the company’s stock worth $233,266,000 after acquiring an additional 46,756 shares during the period. State Street Corp increased its stake in Marriott Vacations Worldwide by 2.9% during the 2nd quarter. State Street Corp now owns 589,796 shares of the company’s stock worth $69,449,000 after acquiring an additional 16,399 shares during the period. Rothschild Asset Management Inc. increased its stake in Marriott Vacations Worldwide by 5.7% during the 3rd quarter. Rothschild Asset Management Inc. now owns 343,916 shares of the company’s stock worth $42,828,000 after acquiring an additional 18,396 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its stake in shares of Marriott Vacations Worldwide by 7.6% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 149,988 shares of the company’s stock valued at $18,679,000 after purchasing an additional 10,555 shares during the last quarter. Hedge funds and other institutional investors own 74.00% of the company’s stock.

VAC has been the topic of several recent analyst reports. Zacks Investment Research upgraded Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Friday, January 12th. Instinet initiated coverage on Marriott Vacations Worldwide in a research note on Wednesday, October 25th. They issued a “buy” rating and a $151.00 price target on the stock. Macquarie initiated coverage on Marriott Vacations Worldwide in a research note on Friday, January 5th. They issued an “outperform” rating on the stock. Nomura initiated coverage on Marriott Vacations Worldwide in a research note on Wednesday, October 25th. They issued a “buy” rating and a $151.00 price target on the stock. Finally, ValuEngine lowered Marriott Vacations Worldwide from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $133.22.

In related news, VP Michael E. Yonker sold 1,242 shares of the business’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $151.06, for a total transaction of $187,616.52. Following the sale, the vice president now owns 4,894 shares in the company, valued at approximately $739,287.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Michael E. Yonker sold 2,500 shares of the business’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $134.43, for a total value of $336,075.00. Following the sale, the vice president now owns 3,128 shares in the company, valued at approximately $420,497.04. The disclosure for this sale can be found here. Insiders have sold a total of 15,554 shares of company stock worth $2,113,261 in the last 90 days. 3.30% of the stock is currently owned by corporate insiders.

Marriott Vacations Worldwide Corp (NYSE VAC) opened at $145.60 on Monday. Marriott Vacations Worldwide Corp has a 52 week low of $86.03 and a 52 week high of $154.14. The company has a quick ratio of 4.65, a current ratio of 6.64 and a debt-to-equity ratio of 1.21. The stock has a market capitalization of $3,857.67, a price-to-earnings ratio of 24.03 and a beta of 1.25.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $1.41 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.14 by $0.27. The company had revenue of $486.99 million for the quarter, compared to analyst estimates of $470.05 million. Marriott Vacations Worldwide had a return on equity of 17.91% and a net margin of 8.28%. The company’s revenue for the quarter was up 21.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.96 EPS. sell-side analysts expect that Marriott Vacations Worldwide Corp will post 5.38 earnings per share for the current year.

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Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation focuses on vacation ownership, based on number of owners, number of resorts and revenues. The Company is an exclusive worldwide developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands.

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Institutional Ownership by Quarter for Marriott Vacations Worldwide (NYSE:VAC)

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