Marriott Vacations Worldwide Co. (NYSE:VAC) Receives $101.56 Average Price Target from Analysts

Marriott Vacations Worldwide Co. (NYSE:VAC - Get Free Report) has received a consensus rating of "Hold" from the nine brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $101.56.

Several analysts recently issued reports on the company. Barclays boosted their price target on Marriott Vacations Worldwide from $74.00 to $97.00 and gave the company an "equal weight" rating in a research note on Friday, November 8th. StockNews.com raised shares of Marriott Vacations Worldwide from a "sell" rating to a "hold" rating in a research report on Friday, November 8th. Stifel Nicolaus lifted their price objective on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Truist Financial boosted their price objective on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Finally, The Goldman Sachs Group started coverage on shares of Marriott Vacations Worldwide in a report on Wednesday, September 18th. They set a "sell" rating and a $62.00 target price on the stock.

Insider Buying and Selling at Marriott Vacations Worldwide

In related news, insider Jason P. Marino bought 700 shares of the business's stock in a transaction on Wednesday, September 11th. The shares were purchased at an average price of $69.00 per share, for a total transaction of $48,300.00. Following the completion of the transaction, the insider now directly owns 15,851 shares of the company's stock, valued at approximately $1,093,719. This represents a 4.62 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 1.30% of the company's stock.

Institutional Investors Weigh In On Marriott Vacations Worldwide

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. True Wealth Design LLC acquired a new stake in shares of Marriott Vacations Worldwide during the third quarter valued at about $32,000. Quarry LP grew its holdings in Marriott Vacations Worldwide by 368.4% during the 2nd quarter. Quarry LP now owns 445 shares of the company's stock worth $39,000 after acquiring an additional 350 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in Marriott Vacations Worldwide in the 3rd quarter valued at approximately $39,000. Allspring Global Investments Holdings LLC raised its stake in shares of Marriott Vacations Worldwide by 128.0% during the second quarter. Allspring Global Investments Holdings LLC now owns 652 shares of the company's stock valued at $57,000 after acquiring an additional 366 shares during the last quarter. Finally, Innealta Capital LLC acquired a new position in shares of Marriott Vacations Worldwide during the second quarter worth $90,000. Institutional investors own 89.52% of the company's stock.

Marriott Vacations Worldwide Stock Performance

VAC stock traded down $1.22 during mid-day trading on Monday, hitting $95.50. 237,451 shares of the company were exchanged, compared to its average volume of 451,294. Marriott Vacations Worldwide has a 1-year low of $67.28 and a 1-year high of $108.57. The stock has a market capitalization of $3.33 billion, a PE ratio of 18.42, a price-to-earnings-growth ratio of 0.88 and a beta of 1.84. The business has a 50 day simple moving average of $84.72 and a 200-day simple moving average of $81.97. The company has a current ratio of 3.53, a quick ratio of 2.86 and a debt-to-equity ratio of 2.19.

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.