Analysts Set Marriott Vacations Worldwide Co. (NYSE:VAC) Price Target at $96.65

Shares of Marriott Vacations Worldwide Co. (NYSE:VAC - Get Free Report) have been given a consensus rating of "Hold" by the ten analysts that are covering the stock, MarketBeat.com reports. Two research analysts have 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 12 month price target among brokers that have covered the stock in the last year is $96.65.

A number of equities research analysts have weighed in on the company. JMP Securities reduced their target price on Marriott Vacations Worldwide from $115.00 to $90.00 and set a "market outperform" rating on the stock in a report on Friday, August 2nd. Stifel Nicolaus reduced their target price on Marriott Vacations Worldwide from $108.00 to $96.50 and set a "buy" rating on the stock in a report on Friday, September 13th. Barclays reduced their target price on Marriott Vacations Worldwide from $82.00 to $74.00 and set an "equal weight" rating on the stock in a report on Thursday, September 26th. Truist Financial reduced their target price on Marriott Vacations Worldwide from $161.00 to $159.00 and set a "buy" rating on the stock in a report on Friday, July 19th. Finally, The Goldman Sachs Group assumed coverage on Marriott Vacations Worldwide in a report on Wednesday, September 18th. They issued a "sell" rating and a $62.00 target price on the stock.

Insider Transactions at Marriott Vacations Worldwide

In other news, insider Jason P. Marino bought 700 shares of Marriott Vacations Worldwide stock in a transaction that occurred on Wednesday, September 11th. The shares were acquired at an average price of $69.00 per share, with a total value of $48,300.00. Following the completion of the purchase, the insider now directly owns 15,851 shares in the company, valued at $1,093,719. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.70% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Retirement Systems of Alabama increased its stake in Marriott Vacations Worldwide by 0.3% in the first quarter. Retirement Systems of Alabama now owns 41,478 shares of the company's stock valued at $4,468,000 after acquiring an additional 109 shares during the last quarter. Diversified Trust Co grew its stake in shares of Marriott Vacations Worldwide by 3.0% during the first quarter. Diversified Trust Co now owns 3,833 shares of the company's stock valued at $413,000 after buying an additional 112 shares during the last quarter. Covestor Ltd grew its stake in shares of Marriott Vacations Worldwide by 10.5% during the first quarter. Covestor Ltd now owns 1,670 shares of the company's stock valued at $180,000 after buying an additional 159 shares during the last quarter. State of Michigan Retirement System grew its stake in shares of Marriott Vacations Worldwide by 2.5% during the first quarter. State of Michigan Retirement System now owns 8,113 shares of the company's stock valued at $874,000 after buying an additional 200 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of Marriott Vacations Worldwide by 5.4% during the second quarter. Commonwealth Equity Services LLC now owns 4,251 shares of the company's stock valued at $371,000 after buying an additional 216 shares during the last quarter. Institutional investors own 89.52% of the company's stock.

Marriott Vacations Worldwide Stock Performance

NYSE:VAC traded down $1.01 on Friday, hitting $79.36. The company's stock had a trading volume of 333,100 shares, compared to its average volume of 464,214. The company has a current ratio of 3.28, a quick ratio of 2.72 and a debt-to-equity ratio of 2.21. The stock has a fifty day moving average of $73.41 and a two-hundred day moving average of $84.60. The firm has a market capitalization of $2.79 billion, a P/E ratio of 14.67, a price-to-earnings-growth ratio of 0.67 and a beta of 1.80. Marriott Vacations Worldwide has a one year low of $67.28 and a one year high of $108.57.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.99 by ($0.89). The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.21 billion. Marriott Vacations Worldwide had a net margin of 3.41% and a return on equity of 9.89%. Marriott Vacations Worldwide's revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.19 EPS. Research analysts predict that Marriott Vacations Worldwide will post 6.11 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, September 19th were issued a $0.76 dividend. The ex-dividend date was Thursday, September 19th. This represents a $3.04 annualized dividend and a dividend yield of 3.83%. Marriott Vacations Worldwide's payout ratio is currently 56.19%.

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.