Analysts Set Marriott Vacations Worldwide Co. (NYSE:VAC) Price Target at $102.75

Shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the eight research firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation and six have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $98.13.

A number of research firms recently commented on VAC. Truist Financial decreased their target price on Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating for the company in a report on Friday, March 7th. Morgan Stanley began coverage on Marriott Vacations Worldwide in a report on Monday, January 6th. They set an "underweight" rating and a $87.00 target price on the stock. Stifel Nicolaus cut their target price on shares of Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating for the company in a report on Thursday, February 27th. The Goldman Sachs Group lowered their target price on shares of Marriott Vacations Worldwide from $78.00 to $48.00 and set a "sell" rating on the stock in a research note on Monday. Finally, Mizuho upped their target price on Marriott Vacations Worldwide from $117.00 to $120.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 25th.

Insiders Place Their Bets

In related news, insider Stephanie Sobeck Butera purchased 650 shares of Marriott Vacations Worldwide stock in a transaction dated Thursday, March 6th. The shares were acquired at an average cost of $71.66 per share, with a total value of $46,579.00. Following the purchase, the insider now owns 8,770 shares of the company's stock, valued at approximately $628,458.20. The trade was a 8.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of VAC. True Wealth Design LLC increased its position in shares of Marriott Vacations Worldwide by 35.2% during the fourth quarter. True Wealth Design LLC now owns 595 shares of the company's stock worth $53,000 after acquiring an additional 155 shares during the period. Pacer Advisors Inc. boosted its stake in shares of Marriott Vacations Worldwide by 2.7% during the fourth quarter. Pacer Advisors Inc. now owns 6,404 shares of the company's stock worth $575,000 after buying an additional 166 shares during the period. Stifel Financial Corp increased its holdings in shares of Marriott Vacations Worldwide by 3.4% in the third quarter. Stifel Financial Corp now owns 5,596 shares of the company's stock valued at $411,000 after purchasing an additional 184 shares during the period. Xponance Inc. increased its stake in Marriott Vacations Worldwide by 6.2% in the 4th quarter. Xponance Inc. now owns 3,809 shares of the company's stock valued at $342,000 after buying an additional 221 shares during the period. Finally, Fifth Third Bancorp increased its stake in shares of Marriott Vacations Worldwide by 136.5% during the first quarter. Fifth Third Bancorp now owns 395 shares of the company's stock worth $25,000 after acquiring an additional 228 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Marriott Vacations Worldwide Stock Down 0.4 %

NYSE:VAC traded down $0.19 during mid-day trading on Friday, reaching $52.40. The company's stock had a trading volume of 28,758 shares, compared to its average volume of 505,920. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19. The stock has a fifty day moving average of $69.67 and a 200-day moving average of $80.67. Marriott Vacations Worldwide has a 1 year low of $49.22 and a 1 year high of $103.51. The firm has a market capitalization of $1.81 billion, a PE ratio of 9.98, a price-to-earnings-growth ratio of 0.67 and a beta of 1.66.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.51 by $0.35. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.24 billion. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. Equities research analysts forecast that Marriott Vacations Worldwide will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were given a dividend of $0.79 per share. The ex-dividend date was Wednesday, March 5th. This represents a $3.16 annualized dividend and a dividend yield of 6.03%. Marriott Vacations Worldwide's payout ratio is 56.23%.

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.