Marriott Vacations Worldwide (NYSE:VAC) Price Target Raised to $120.00 at Mizuho

Marriott Vacations Worldwide (NYSE:VAC - Free Report) had its target price upped by Mizuho from $117.00 to $120.00 in a report published on Tuesday,Benzinga reports. They currently have an outperform rating on the stock.

A number of other equities analysts also recently commented on the stock. The Goldman Sachs Group upped their target price on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a "sell" rating in a research note on Tuesday, December 10th. Truist Financial increased their price objective on 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 target price for the company. StockNews.com upgraded Marriott Vacations Worldwide from a "sell" rating to a "hold" rating in a report on Friday, November 8th. Finally, Stifel Nicolaus raised their price target on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Two 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's stock. According to data from MarketBeat, Marriott Vacations Worldwide has an average rating of "Hold" and an average price target of $103.00.

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Marriott Vacations Worldwide Trading Down 2.6 %

NYSE VAC traded down $2.00 during trading on Tuesday, hitting $75.47. The stock had a trading volume of 859,042 shares, compared to its average volume of 432,578. Marriott Vacations Worldwide has a one year low of $67.28 and a one year high of $108.57. The stock has a 50 day simple moving average of $86.32 and a 200 day simple moving average of $83.06. The stock has a market capitalization of $2.63 billion, a price-to-earnings ratio of 14.38, 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.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.51 by $0.35. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.24 billion. Marriott Vacations Worldwide had a return on equity of 10.89% and a net margin of 4.20%. Sell-side analysts predict that Marriott Vacations Worldwide will post 6.23 earnings per share for the current year.

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 given a dividend of $0.79 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $3.16 dividend on an annualized basis and a yield of 4.19%. Marriott Vacations Worldwide's payout ratio is 60.19%.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Institutional investors and hedge funds have recently bought and sold shares of the company. Forum Financial Management LP acquired a new stake in shares of Marriott Vacations Worldwide in the 4th quarter worth $203,000. Ananym Capital Management LP purchased a new stake in Marriott Vacations Worldwide in the fourth quarter valued at about $21,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Marriott Vacations Worldwide by 16.8% in the fourth 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 in the last quarter. Voloridge Investment Management LLC purchased a new stake in shares of Marriott Vacations Worldwide during the fourth quarter worth about $545,000. Finally, True Wealth Design LLC increased its holdings in shares of 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 acquiring an additional 155 shares in the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

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.