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

Shares of Marriott Vacations Worldwide Co. (NYSE:VAC) have been assigned an average rating of “Moderate Buy” from the eight research firms that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating and six have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $103.00.

A number of equities research analysts recently commented on the stock. StockNews.com raised shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Friday, November 8th. The Goldman Sachs Group boosted their target price on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a “sell” rating in a report on Tuesday, December 10th. Truist Financial boosted their target price 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. Mizuho boosted their target price on shares of Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, Stifel Nicolaus lowered their target price on shares of Marriott Vacations Worldwide from $112.00 to $108.00 and set a “buy” rating on the stock in a report on Thursday.

Marriott Vacations Worldwide Trading Down 2.6 %

NYSE:VAC opened at $75.47 on Friday. The company has a current ratio of 3.53, a quick ratio of 2.86 and a debt-to-equity ratio of 2.19. The stock has a market capitalization of $2.63 billion, a PE ratio of 14.38, a price-to-earnings-growth ratio of 0.67 and a beta of 1.83. The firm’s 50 day moving average is $86.32 and its 200 day moving average is $83.06. Marriott Vacations Worldwide has a 12 month low of $67.28 and a 12 month high of $108.57.

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

Marriott Vacations Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be issued a $0.79 dividend. The ex-dividend date is Wednesday, March 5th. This represents a $3.16 annualized dividend and a dividend yield of 4.19%. Marriott Vacations Worldwide’s payout ratio is currently 60.19%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in VAC. True Wealth Design LLC bought a new position in shares of Marriott Vacations Worldwide in the third quarter worth $32,000. Capital Performance Advisors LLP purchased a new position in Marriott Vacations Worldwide in the third quarter worth $39,000. Blue Trust Inc. increased its stake in Marriott Vacations Worldwide by 130.7% in the fourth quarter. Blue Trust Inc. now owns 533 shares of the company’s stock valued at $48,000 after acquiring an additional 302 shares during the last quarter. Brown Lisle Cummings Inc. bought a new position in Marriott Vacations Worldwide in the fourth quarter valued at $50,000. Finally, Quarry LP increased its stake in Marriott Vacations Worldwide by 81.6% in the third quarter. Quarry LP now owns 808 shares of the company’s stock valued at $59,000 after acquiring an additional 363 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

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.