Marriott Vacations Worldwide Co. (NYSE:VAC) Receives $92.25 Consensus PT from Brokerages

Marriott Vacations Worldwide Co. (NYSE:VAC - Get Free Report) has received a consensus rating of "Moderate Buy" from the eight ratings firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $92.25.

A number of equities research analysts have recently issued reports on VAC shares. Stifel Nicolaus lowered their target price on Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating for the company in a research note on Thursday, February 27th. Truist Financial lowered their target price on Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Barclays lowered their target price on Marriott Vacations Worldwide from $97.00 to $88.00 and set an "overweight" rating for the company in a research note on Monday, May 12th. Morgan Stanley upgraded Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and lowered their price objective for the company from $67.00 to $57.00 in a research note on Tuesday, April 22nd. Finally, The Goldman Sachs Group raised their price objective on Marriott Vacations Worldwide from $48.00 to $55.00 and gave the company a "sell" rating in a research note on Friday, May 9th.

Marriott Vacations Worldwide Stock Down 2.1%

Shares of VAC stock traded down $1.37 during trading hours on Monday, reaching $64.49. The company had a trading volume of 595,204 shares, compared to its average volume of 460,945. 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 has a twelve month low of $49.22 and a twelve month high of $100.32. The company has a market capitalization of $2.23 billion, a P/E ratio of 12.28, a price-to-earnings-growth ratio of 0.67 and a beta of 1.42. The stock's fifty day simple moving average is $60.73 and its 200 day simple moving average is $76.77.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $1.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.56 by $0.10. Marriott Vacations Worldwide had a return on equity of 10.89% and a net margin of 4.20%. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same quarter last year, the firm earned $1.80 earnings per share. The company's revenue for the quarter was up .4% compared to the same quarter last year. As a group, sell-side analysts expect that Marriott Vacations Worldwide will post 6.23 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be given a $0.79 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $3.16 annualized dividend and a dividend yield of 4.90%. Marriott Vacations Worldwide's payout ratio is 53.92%.

Insider Transactions at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, insider Stephanie Sobeck Butera bought 650 shares of the company's stock in a transaction on Thursday, March 6th. The shares were bought at an average cost of $71.66 per share, with a total value of $46,579.00. Following the completion of the acquisition, the insider now owns 8,770 shares of the company's stock, valued at approximately $628,458.20. This trade represents a 8.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.60% of the company's stock.

Institutional Trading of Marriott Vacations Worldwide

Institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP boosted its position in Marriott Vacations Worldwide by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,931,782 shares of the company's stock valued at $124,101,000 after purchasing an additional 48,585 shares during the period. Fuller & Thaler Asset Management Inc. boosted its position in Marriott Vacations Worldwide by 32.2% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,822,687 shares of the company's stock valued at $117,089,000 after purchasing an additional 444,126 shares during the period. Principal Financial Group Inc. lifted its position in Marriott Vacations Worldwide by 2.0% in the 4th quarter. Principal Financial Group Inc. now owns 1,181,961 shares of the company's stock valued at $106,140,000 after purchasing an additional 23,380 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in Marriott Vacations Worldwide by 8.1% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 1,139,334 shares of the company's stock valued at $73,191,000 after purchasing an additional 85,230 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. boosted its stake in Marriott Vacations Worldwide by 2.8% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 800,315 shares of the company's stock valued at $51,413,000 after purchasing an additional 21,631 shares during the period. 89.52% of the stock is owned by institutional investors and hedge funds.

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.