Analysts Set Marriott Vacations Worldwide Corporation (NYSE:VAC) Price Target at $92.25

Marriott Vacations Worldwide Corporation (NYSE:VAC - Get Free Report) has earned an average recommendation of "Moderate Buy" from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $92.25.

Several research firms recently commented on VAC. Truist Financial reduced their price target on shares of Marriott Vacations Worldwide from $142.00 to $140.00 and set a "buy" rating for the company in a research report on Friday, March 7th. Morgan Stanley raised shares of Marriott Vacations Worldwide from an "underweight" rating to an "equal weight" rating and reduced their target price for the company from $67.00 to $57.00 in a report on Tuesday, April 22nd. Stifel Nicolaus dropped their target price on Marriott Vacations Worldwide from $112.00 to $108.00 and set a "buy" rating on the stock in a report on Thursday, February 27th. Barclays decreased their price target on Marriott Vacations Worldwide from $97.00 to $88.00 and set an "overweight" rating for the company in a report on Monday, May 12th. Finally, Mizuho lowered their price objective on shares of Marriott Vacations Worldwide from $112.00 to $105.00 and set an "outperform" rating on the stock in a research report on Friday, May 9th.

Marriott Vacations Worldwide Stock Performance

VAC traded up $0.57 on Friday, reaching $73.93. The company had a trading volume of 5,111,637 shares, compared to its average volume of 482,088. The company has a quick ratio of 2.58, a current ratio of 3.16 and a debt-to-equity ratio of 2.18. Marriott Vacations Worldwide has a 1 year low of $49.22 and a 1 year high of $100.32. The stock has a market capitalization of $2.55 billion, a PE ratio of 12.62, a P/E/G ratio of 1.58 and a beta of 1.46. The stock has a 50-day moving average price of $64.59 and a 200-day moving average price of $73.44.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last announced 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 10.43% and a net margin of 4.57%. The firm had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.21 billion. During the same period in the prior year, the firm earned $1.80 EPS. The business's revenue was up .4% on a year-over-year basis. As a group, research analysts forecast that Marriott Vacations Worldwide will post 6.23 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 23rd were issued a $0.79 dividend. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $3.16 dividend on an annualized basis and a yield of 4.27%. Marriott Vacations Worldwide's dividend payout ratio (DPR) is presently 53.92%.

Insider Activity

In other news, Director Christian Asmar purchased 337,551 shares of the company's stock in a transaction dated Wednesday, June 18th. The stock was acquired at an average price of $68.11 per share, for a total transaction of $22,990,598.61. Following the completion of the transaction, the director now directly owns 4,045,984 shares in the company, valued at $275,571,970.24. This represents a 9.10% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.60% of the company's stock.

Institutional Investors Weigh In On Marriott Vacations Worldwide

Large investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its position in Marriott Vacations Worldwide by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,931,782 shares of the company's stock worth $124,101,000 after acquiring an additional 48,585 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its position in shares of 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 worth $117,089,000 after purchasing an additional 444,126 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its position in shares of Marriott Vacations Worldwide by 8.1% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 1,139,334 shares of the company's stock worth $73,191,000 after purchasing an additional 85,230 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in Marriott Vacations Worldwide by 2.8% in 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 buying an additional 21,631 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in Marriott Vacations Worldwide by 47.2% during the 4th quarter. AQR Capital Management LLC now owns 765,480 shares of the company's stock valued at $68,510,000 after buying an additional 245,427 shares during the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

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.