Stifel Nicolaus Increases Marriott Vacations Worldwide (NYSE:VAC) Price Target to $117.00

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) had its price objective increased by research analysts at Stifel Nicolaus from $115.00 to $117.00 in a report released on Tuesday, Benzinga reports. The firm currently has a "buy" rating on the stock. Stifel Nicolaus' target price would suggest a potential upside of 17.94% from the stock's current price.

A number of other analysts have also recently issued reports on VAC. Truist Financial upped their target price on Marriott Vacations Worldwide from $149.00 to $159.00 and gave the company a "buy" rating in a research report on Tuesday, March 5th. JPMorgan Chase & Co. raised their target price on shares of Marriott Vacations Worldwide from $93.00 to $107.00 and gave the stock a "neutral" rating in a research report on Friday, February 23rd. Mizuho assumed coverage on shares of Marriott Vacations Worldwide in a research report on Tuesday, March 26th. They issued a "buy" rating and a $128.00 price target for the company. Barclays raised their price objective on shares of Marriott Vacations Worldwide from $90.00 to $102.00 and gave the stock an "equal weight" rating in a research report on Friday, February 23rd. Finally, JMP Securities upped their target price on shares of Marriott Vacations Worldwide from $105.00 to $115.00 and gave the company a "market outperform" rating in a report on Monday, February 26th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $110.63.

Marriott Vacations Worldwide Stock Up 1.7 %

Shares of NYSE VAC traded up $1.69 during midday trading on Tuesday, hitting $99.20. 882,781 shares of the company's stock were exchanged, compared to its average volume of 517,954. The firm's fifty day simple moving average is $98.98 and its 200-day simple moving average is $89.34. The company has a debt-to-equity ratio of 2.16, a current ratio of 3.15 and a quick ratio of 2.64. The company has a market cap of $3.49 billion, a PE ratio of 15.87 and a beta of 1.85. Marriott Vacations Worldwide has a twelve month low of $72.78 and a twelve month high of $134.09.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last posted its earnings results on Monday, May 6th. The company reported $1.80 EPS for the quarter, beating analysts' consensus estimates of $1.66 by $0.14. Marriott Vacations Worldwide had a net margin of 5.37% and a return on equity of 13.21%. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same period last year, the firm posted $2.54 EPS. The company's revenue was up 2.2% on a year-over-year basis. Research analysts predict that Marriott Vacations Worldwide will post 7.8 EPS for the current fiscal year.

Institutional Investors Weigh In On Marriott Vacations Worldwide

Hedge funds have recently added to or reduced their stakes in the company. Retirement Systems of Alabama increased its position in Marriott Vacations Worldwide by 0.3% during the 1st quarter. Retirement Systems of Alabama now owns 41,478 shares of the company's stock worth $4,468,000 after purchasing an additional 109 shares during the period. Diversified Trust Co grew its holdings in Marriott Vacations Worldwide by 3.0% during the first quarter. Diversified Trust Co now owns 3,833 shares of the company's stock worth $413,000 after acquiring an additional 112 shares during the period. EverSource Wealth Advisors LLC raised its position in Marriott Vacations Worldwide by 194.1% in the third quarter. EverSource Wealth Advisors LLC now owns 250 shares of the company's stock worth $25,000 after acquiring an additional 165 shares in the last quarter. Westpac Banking Corp lifted its holdings in Marriott Vacations Worldwide by 2.1% in the fourth quarter. Westpac Banking Corp now owns 7,919 shares of the company's stock valued at $672,000 after acquiring an additional 165 shares during the period. Finally, Quadrant Capital Group LLC grew its stake in shares of Marriott Vacations Worldwide by 20.9% during the 4th quarter. Quadrant Capital Group LLC now owns 1,013 shares of the company's stock worth $86,000 after purchasing an additional 175 shares during the period. Institutional investors and hedge funds 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.