Marriott Vacations Worldwide Co. (NYSE:VAC) Receives Average Recommendation of "Moderate Buy" from Analysts

Marriott Vacations Worldwide Co. (NYSE:VAC - Get Free Report) has received an average recommendation of "Moderate Buy" from the eight analysts that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating and six have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $102.75.

Several research analysts recently weighed in on the stock. The Goldman Sachs Group boosted their price objective on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a "sell" rating in a research report on Tuesday, December 10th. Barclays dropped their target price on shares of Marriott Vacations Worldwide from $116.00 to $97.00 and set an "overweight" rating for the company in a research report on Friday, February 28th. Mizuho upped their target price on shares of Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an "outperform" rating in a research report on Tuesday, February 25th. Morgan Stanley initiated coverage on shares of 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, Truist Financial dropped their target price on shares of Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating for the company in a research report on Friday, March 7th.

Marriott Vacations Worldwide Price Performance

NYSE VAC traded down $0.83 during trading on Wednesday, reaching $65.90. 617,071 shares of the company traded hands, compared to its average volume of 418,435. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53. The stock's 50 day moving average price is $80.55 and its two-hundred day moving average price is $82.72. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 12.55, a P/E/G ratio of 0.67 and a beta of 1.83. Marriott Vacations Worldwide has a 1-year low of $63.46 and a 1-year high of $108.57.

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Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last announced its earnings results on Wednesday, February 26th. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.51 by $0.35. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.24 billion. Marriott Vacations Worldwide had a return on equity of 10.89% and a net margin of 4.20%. As a group, analysts anticipate that Marriott Vacations Worldwide will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were given a $0.79 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $3.16 annualized dividend and a dividend yield of 4.80%. Marriott Vacations Worldwide's dividend payout ratio is presently 56.23%.

Insider Activity at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, insider Stephanie Sobeck Butera acquired 650 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average cost of $71.66 per share, for a total transaction of $46,579.00. Following the transaction, the insider now owns 8,770 shares of the company's stock, valued at $628,458.20. This trade represents a 8.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Marriott Vacations Worldwide

A number of large investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its position in Marriott Vacations Worldwide by 74.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,653 shares of the company's stock worth $1,226,000 after acquiring an additional 5,816 shares during the last quarter. Forum Financial Management LP acquired a new position in Marriott Vacations Worldwide during the 4th quarter worth approximately $203,000. Ananym Capital Management LP acquired a new position in Marriott Vacations Worldwide during the 4th quarter worth approximately $21,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Marriott Vacations Worldwide by 16.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 96,139 shares of the company's stock worth $8,633,000 after acquiring an additional 13,840 shares during the last quarter. Finally, Voloridge Investment Management LLC acquired a new position in Marriott Vacations Worldwide during the 4th quarter worth approximately $545,000. Institutional investors and hedge funds own 89.52% of the company's stock.

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.