Marriott Vacations Worldwide Co. (NYSE:VAC) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Get Free Report) have been given an average recommendation of "Moderate Buy" by the eight brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $108.00.

Several equities analysts recently commented on VAC shares. Mizuho increased their target price on shares of Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an "outperform" rating in a report on Tuesday, November 12th. The Goldman Sachs Group raised their price objective on Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a "sell" rating in a research note on Tuesday, December 10th. StockNews.com raised Marriott Vacations Worldwide from a "sell" rating to a "hold" rating in a research note on Friday, November 8th. Stifel Nicolaus raised their price target on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Finally, Truist Financial boosted their price objective on Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th.

Marriott Vacations Worldwide Price Performance

VAC traded down $0.52 during midday trading on Friday, hitting $86.87. The stock had a trading volume of 396,131 shares, compared to its average volume of 390,615. The company has a market cap of $3.03 billion, a P/E ratio of 16.55, a price-to-earnings-growth ratio of 0.86 and a beta of 1.84. Marriott Vacations Worldwide has a 1 year low of $67.28 and a 1 year high of $108.57. The business has a fifty day moving average of $91.14 and a 200 day moving average of $82.36. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53.

Marriott Vacations Worldwide Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, December 19th will be given a $0.79 dividend. This is a positive change from Marriott Vacations Worldwide's previous quarterly dividend of $0.76. This represents a $3.16 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date is Thursday, December 19th. Marriott Vacations Worldwide's dividend payout ratio (DPR) is currently 60.19%.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Several hedge funds have recently made changes to their positions in the business. New South Capital Management Inc. increased its position in Marriott Vacations Worldwide by 6.6% during the 3rd quarter. New South Capital Management Inc. now owns 364,394 shares of the company's stock valued at $26,776,000 after purchasing an additional 22,672 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Marriott Vacations Worldwide by 14.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,599,789 shares of the company's stock valued at $139,687,000 after buying an additional 207,938 shares during the period. AQR Capital Management LLC raised its stake in Marriott Vacations Worldwide by 178.2% in the second quarter. AQR Capital Management LLC now owns 355,089 shares of the company's stock worth $29,771,000 after buying an additional 227,465 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its holdings in Marriott Vacations Worldwide by 36.0% in the third quarter. State of New Jersey Common Pension Fund D now owns 27,094 shares of the company's stock worth $1,991,000 after buying an additional 7,174 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in Marriott Vacations Worldwide by 20.3% in the second quarter. Victory Capital Management Inc. now owns 763,835 shares of the company's stock worth $66,698,000 after buying an additional 129,131 shares during the period. 89.52% of the stock is owned by hedge funds and other institutional investors.

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.