![]()
Sat Sep 21 11:27:13 UTC 2024: ## Marriott Vacations Worldwide Sees Institutional Investor Activity and Analyst Debate
**New York, NY** – Marriott Vacations Worldwide Co. (NYSE: VAC) has been the subject of recent activity from institutional investors and analysts, with some reducing their holdings while others increase their positions.
**Mutual of America Capital Management LLC** trimmed its stake in the company by 38.2% in the second quarter, selling 37,898 shares. Conversely, **Burgundy Asset Management Ltd.** significantly increased its holdings by 55.0% in the fourth quarter. Other notable investors include **Impactive Capital LP**, **Norges Bank**, and **Capital World Investors**, all of whom acquired new positions in the company.
Despite mixed investor sentiment, research analysts have generally remained optimistic about Marriott Vacations Worldwide. **Mizuho**, **Deutsche Bank Aktiengesellschaft**, and **Stifel Nicolaus** all maintained “buy” ratings, although they lowered their price targets. However, **StockNews.com** downgraded the company to “sell” from “hold,” and **JMP Securities** reduced its target price while maintaining a “market outperform” rating.
**Marriott Vacations Worldwide** recently reported earnings for the second quarter, missing analysts’ expectations on both earnings per share and revenue. Despite the missed expectations, the company remains focused on its dividend policy, announcing a quarterly dividend of $0.76 per share.
**Overall, the recent activity from institutional investors and analysts suggests a mixed outlook for Marriott Vacations Worldwide. While some investors remain bullish, others are taking a more cautious approach. The company’s earnings performance and future growth prospects will be key factors influencing its performance in the coming months.**