Moody Aldrich Partners LLC raised its stake in shares of Marriott Vacations Worldwide Corp. (NYSE:VAC) by 140.2% during the second quarter, Holdings Channel reports. The institutional investor owned 27,635 shares of the company’s stock after buying an additional 16,130 shares during the period. Marriott Vacations Worldwide Corp. accounts for approximately 1.6% of Moody Aldrich Partners LLC’s investment portfolio, making the stock its 16th largest position. Moody Aldrich Partners LLC owned about 0.10% of Marriott Vacations Worldwide Corp. worth $1,893,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in VAC. Norges Bank acquired a new position in shares of Marriott Vacations Worldwide Corp. during the fourth quarter valued at $19,206,000. Prudential Financial Inc. raised its position in shares of Marriott Vacations Worldwide Corp. by 1.8% in the first quarter. Prudential Financial Inc. now owns 302,899 shares of the company’s stock valued at $20,446,000 after buying an additional 5,218 shares in the last quarter. Apex Capital Management acquired a new position in shares of Marriott Vacations Worldwide Corp. during the first quarter valued at $13,406,000. Teachers Advisors Inc. raised its position in shares of Marriott Vacations Worldwide Corp. by 330.6% in the first quarter. Teachers Advisors Inc. now owns 168,055 shares of the company’s stock valued at $11,344,000 after buying an additional 129,029 shares in the last quarter. Finally, Hancock Holding Co. raised its position in shares of Marriott Vacations Worldwide Corp. by 1.4% in the first quarter. Hancock Holding Co. now owns 136,910 shares of the company’s stock valued at $9,241,000 after buying an additional 1,890 shares in the last quarter. Institutional investors and hedge funds own 78.31% of the company’s stock.

Marriott Vacations Worldwide Corp. (NYSE:VAC) traded up 0.97% during midday trading on Thursday, reaching $75.32. 373,195 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $75.51 and its 200 day moving average price is $67.93. Marriott Vacations Worldwide Corp. has a 1-year low of $45.95 and a 1-year high of $80.27. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 19.82 and a beta of 1.17.

Marriott Vacations Worldwide Corp. (NYSE:VAC) last announced its quarterly earnings results on Thursday, July 21st. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.06. The company had revenue of $429.95 million for the quarter, compared to analyst estimates of $436.93 million. Marriott Vacations Worldwide Corp. had a net margin of 6.38% and a return on equity of 12.51%. The firm’s revenue was up 1.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.91 EPS. Equities research analysts anticipate that Marriott Vacations Worldwide Corp. will post $4.59 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 6th. Shareholders of record on Thursday, September 22nd will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date is Tuesday, September 20th. Marriott Vacations Worldwide Corp.’s payout ratio is 31.50%.

VAC has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Marriott Vacations Worldwide Corp. from a “hold” rating to a “strong-buy” rating and set a $91.00 price objective on the stock in a report on Tuesday, July 26th. Telsey Advisory Group increased their price objective on shares of Marriott Vacations Worldwide Corp. from $69.00 to $83.00 and gave the company a “market perform” rating in a report on Friday, July 22nd. Credit Suisse Group AG restated a “buy” rating and issued a $92.00 price objective on shares of Marriott Vacations Worldwide Corp. in a report on Monday, September 12th. Stifel Nicolaus increased their target price on shares of Marriott Vacations Worldwide Corp. from $84.00 to $88.00 and gave the stock a “buy” rating in a report on Wednesday, July 27th. Finally, Deutsche Bank AG reiterated a “hold” rating on shares of Marriott Vacations Worldwide Corp. in a report on Sunday, June 26th. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $81.75.

In other Marriott Vacations Worldwide Corp. news, VP Brian E. Miller sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 26th. The shares were sold at an average price of $78.66, for a total transaction of $314,640.00. Following the sale, the vice president now directly owns 18,771 shares of the company’s stock, valued at approximately $1,476,526.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.70% of the company’s stock.

About Marriott Vacations Worldwide Corp.

Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The Company is a developer, marketer and seller of vacation ownership and related products under The Ritz-Carlton Destination Club brand.

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