Marriott Vacations Worldwide (NYSE:VAC) Stock Price Crosses Above 200-Day Moving Average on Analyst Downgrade

Marriott Vacations Worldwide Corporation (NYSE:VAC) shares passed above its 200-day moving average during trading on Thursday after Susquehanna raised their price target on the stock from $110.00 to $115.00. The stock has a 200-day moving average of $94.89 and traded as high as $114.24. Susquehanna currently has a neutral rating on the stock. Marriott Vacations Worldwide shares last traded at $112.8660, with a volume of 267,129 shares trading hands.

Other equities research analysts also recently issued reports about the stock. Weiss Ratings raised shares of Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. Morgan Stanley reiterated an “underweight” rating and issued a $65.00 target price on shares of Marriott Vacations Worldwide in a research note on Tuesday, August 18th. JPMorgan Chase & Co. began coverage on Marriott Vacations Worldwide in a research note on Thursday, October 8th. They issued an “overweight” rating and a $125.00 price objective on the stock. Wall Street Zen raised Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Finally, Barclays upped their price target on shares of Marriott Vacations Worldwide from $94.00 to $140.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Eight research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Marriott Vacations Worldwide has a consensus rating of “Hold” and an average target price of $108.00.

Insider Buying and Selling

In other news, insider Kathleen A. Pighini sold 2,500 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $120.00, for a total transaction of $300,000.00. Following the sale, the insider owned 10,821 shares in the company, valued at approximately $1,298,520. This trade represents a 18.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Christian Asmar sold 750,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $111.49, for a total transaction of $83,617,500.00. Following the transaction, the director owned 3,380,818 shares in the company, valued at $376,927,398.82. The trade was a 18.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 13.30% of the stock is owned by insiders.

Institutional Trading of Marriott Vacations Worldwide

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Signaturefd LLC grew its stake in Marriott Vacations Worldwide by 67.0% during the third quarter. Signaturefd LLC now owns 561 shares of the company’s stock valued at $57,000 after acquiring an additional 225 shares in the last quarter. Fifth Third Wealth Advisors LLC purchased a new stake in Marriott Vacations Worldwide in the 3rd quarter worth about $290,000. Root Financial Partners LLC purchased a new position in Marriott Vacations Worldwide during the 3rd quarter valued at $26,000. Reyes Financial Architecture Inc. purchased a new stake in shares of Marriott Vacations Worldwide during the third quarter valued at $106,000. Finally, CWA Asset Management Group LLC bought a new stake in shares of Marriott Vacations Worldwide during the third quarter valued at approximately $978,000. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Stock Down 3.2%

The company has a fifty day simple moving average of $106.46 and a two-hundred day simple moving average of $94.99. The firm has a market capitalization of $3.76 billion, a PE ratio of -11.23, a PEG ratio of 2.49 and a beta of 1.30. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.99 and a current ratio of 3.56.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings results on Thursday, August 6th. The company reported $2.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.97 by $0.34. Marriott Vacations Worldwide had a positive return on equity of 12.27% and a negative net margin of 6.47%. The business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same period last year, the business posted $1.96 EPS. The business’s revenue was up 5.9% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. Analysts forecast that Marriott Vacations Worldwide Corporation will post 8.77 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.9%. Marriott Vacations Worldwide’s payout ratio is -32.85%.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation (NYSE:VAC) is a global vacation ownership and leisure travel company. It develops, markets, sells, and manages vacation ownership interests, which provide customers with access to accommodations and resort experiences through points-based and deeded ownership programs. The company also operates related vacation exchange, rental, resort management, and travel businesses.

Its portfolio includes vacation ownership and related offerings under brands such as Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Grand Residences by Marriott, and Aqua-Aston.