Analysts Set Marriott Vacations Worldwide Co. (NYSE:VAC) Price Target at $105.67

Shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eight research firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $105.88.

VAC has been the subject of several research reports. StockNews.com upgraded shares of Marriott Vacations Worldwide from a "sell" rating to a "hold" rating in a report on Friday, November 8th. Truist Financial increased their price target on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Morgan Stanley started coverage on Marriott Vacations Worldwide in a research report on Monday, January 6th. They set an "underweight" rating and a $87.00 price objective on the stock. The Goldman Sachs Group increased their target price on Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a "sell" rating in a research report on Tuesday, December 10th. Finally, Mizuho lifted their price target on Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an "outperform" rating in a research report on Tuesday.

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Institutional Trading of Marriott Vacations Worldwide

Several institutional investors and hedge funds have recently added to or reduced their stakes in VAC. Verity Asset Management Inc. boosted its holdings in shares of Marriott Vacations Worldwide by 3.1% during the 3rd quarter. Verity Asset Management Inc. now owns 4,303 shares of the company's stock valued at $316,000 after purchasing an additional 131 shares during the last quarter. True Wealth Design LLC boosted its stake in Marriott Vacations Worldwide by 35.2% during the fourth quarter. True Wealth Design LLC now owns 595 shares of the company's stock valued at $53,000 after buying an additional 155 shares during the last quarter. Pacer Advisors Inc. grew its holdings in Marriott Vacations Worldwide by 2.7% during the 4th quarter. Pacer Advisors Inc. now owns 6,404 shares of the company's stock valued at $575,000 after buying an additional 166 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of Marriott Vacations Worldwide by 3.4% during the 3rd quarter. Stifel Financial Corp now owns 5,596 shares of the company's stock worth $411,000 after acquiring an additional 184 shares in the last quarter. Finally, Xponance Inc. boosted its position in shares of Marriott Vacations Worldwide by 6.2% during the 4th quarter. Xponance Inc. now owns 3,809 shares of the company's stock valued at $342,000 after acquiring an additional 221 shares during the last quarter. Institutional investors own 89.52% of the company's stock.

Marriott Vacations Worldwide Trading Down 1.4 %

Shares of NYSE VAC traded down $1.19 during trading hours on Friday, hitting $85.51. The company's stock had a trading volume of 511,250 shares, compared to its average volume of 381,465. Marriott Vacations Worldwide has a 12 month low of $67.28 and a 12 month high of $108.57. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 16.29, a P/E/G ratio of 0.67 and a beta of 1.83. 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 business has a 50-day simple moving average of $86.94 and a 200-day simple moving average of $83.04.

Marriott Vacations Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be paid a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date of this dividend is Wednesday, March 5th. Marriott Vacations Worldwide's dividend payout ratio (DPR) is 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.