Marriott Vacations Worldwide Co. (NYSE:VAC) Receives $105.67 Consensus Price Target from Analysts

Shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Get Free Report) have been assigned an average recommendation of "Hold" from the nine ratings firms that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $105.67.

VAC has been the topic of a number of recent analyst reports. Barclays raised shares of Marriott Vacations Worldwide from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $97.00 to $116.00 in a research note on Friday, December 13th. Stifel Nicolaus boosted their price objective on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Truist Financial raised their target price on Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Morgan Stanley began coverage on Marriott Vacations Worldwide in a research note on Monday, January 6th. They issued an "underweight" rating and a $87.00 price target on the stock. Finally, StockNews.com upgraded Marriott Vacations Worldwide from a "sell" rating to a "hold" rating in a research note on Friday, November 8th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Marriott Vacations Worldwide in the fourth quarter worth about $293,000. Venturi Wealth Management LLC boosted its position in Marriott Vacations Worldwide by 40.7% during the 4th quarter. Venturi Wealth Management LLC now owns 1,572 shares of the company's stock valued at $141,000 after purchasing an additional 455 shares during the period. Principal Financial Group Inc. grew its stake in Marriott Vacations Worldwide by 2.0% during the 4th quarter. Principal Financial Group Inc. now owns 1,181,961 shares of the company's stock worth $106,140,000 after buying an additional 23,380 shares during the last quarter. Rhumbline Advisers increased its position in Marriott Vacations Worldwide by 1.0% in the fourth quarter. Rhumbline Advisers now owns 95,457 shares of the company's stock worth $8,572,000 after buying an additional 935 shares during the period. Finally, Empowered Funds LLC bought a new stake in Marriott Vacations Worldwide in the fourth quarter valued at $307,000. 89.52% of the stock is owned by institutional investors and hedge funds.

Marriott Vacations Worldwide Trading Down 2.9 %

Shares of Marriott Vacations Worldwide stock traded down $2.56 during trading hours on Tuesday, reaching $86.55. 115,746 shares of the company's stock were exchanged, compared to its average volume of 303,407. Marriott Vacations Worldwide has a 52-week low of $67.28 and a 52-week high of $108.57. The company has a fifty day moving average of $90.67 and a 200-day moving average of $82.56. The company has a current ratio of 3.53, a quick ratio of 2.86 and a debt-to-equity ratio of 2.19. The firm has a market capitalization of $3.02 billion, a price-to-earnings ratio of 16.48, a price-to-earnings-growth ratio of 0.66 and a beta of 1.84.

Marriott Vacations Worldwide Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, December 19th were paid a dividend of $0.79 per share. This is a positive change from Marriott Vacations Worldwide's previous quarterly dividend of $0.76. The ex-dividend date was Thursday, December 19th. This represents a $3.16 annualized dividend and a yield of 3.65%. Marriott Vacations Worldwide's payout ratio is presently 60.19%.

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.