Marriott Vacations Worldwide Co. (NYSE:VAC) Receives Consensus Recommendation of "Hold" from Analysts

Marriott Vacations Worldwide Co. (NYSE:VAC - Get Free Report) has been assigned a consensus rating of "Hold" from the nine analysts that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $112.22.

Several equities analysts recently issued reports on VAC shares. Mizuho assumed coverage on Marriott Vacations Worldwide in a research note on Tuesday, March 26th. They set a "buy" rating and a $128.00 target price on the stock. JMP Securities increased their price objective on Marriott Vacations Worldwide from $105.00 to $115.00 and gave the company a "market outperform" rating in a report on Monday, February 26th. Truist Financial increased their price objective on Marriott Vacations Worldwide from $149.00 to $159.00 and gave the company a "buy" rating in a report on Tuesday, March 5th. JPMorgan Chase & Co. increased their price objective on Marriott Vacations Worldwide from $93.00 to $107.00 and gave the company a "neutral" rating in a report on Friday, February 23rd. Finally, Stifel Nicolaus increased their price objective on Marriott Vacations Worldwide from $115.00 to $117.00 and gave the company a "buy" rating in a report on Tuesday, May 7th.

Marriott Vacations Worldwide Stock Performance

NYSE:VAC traded down $2.54 during trading hours on Thursday, reaching $90.22. The company had a trading volume of 412,853 shares, compared to its average volume of 501,504. The firm has a market cap of $3.17 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 0.69 and a beta of 1.85. Marriott Vacations Worldwide has a 1-year low of $72.78 and a 1-year high of $134.09. The business's 50 day moving average price is $99.73 and its 200-day moving average price is $90.12. The company has a debt-to-equity ratio of 2.22, a current ratio of 3.12 and a quick ratio of 2.62.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its quarterly earnings results on Monday, May 6th. The company reported $1.80 EPS for the quarter, topping the consensus estimate of $1.66 by $0.14. The firm had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.17 billion. Marriott Vacations Worldwide had a return on equity of 11.77% and a net margin of 4.50%. The firm's revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.54 earnings per share. Research analysts forecast that Marriott Vacations Worldwide will post 7.72 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 6th. Investors of record on Thursday, May 23rd will be paid a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 3.37%. The ex-dividend date of this dividend is Wednesday, May 22nd. Marriott Vacations Worldwide's payout ratio is currently 56.19%.

Institutional Investors Weigh In On Marriott Vacations Worldwide

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC lifted its stake in shares of 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. Allspring Global Investments Holdings LLC boosted its position in shares of Marriott Vacations Worldwide by 615.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 286 shares of the company's stock worth $31,000 after buying an additional 246 shares during the period. Fidelis Capital Partners LLC acquired a new position in shares of Marriott Vacations Worldwide during the first quarter worth approximately $41,000. Fifth Third Bancorp lifted its position in Marriott Vacations Worldwide by 707.5% in the first quarter. Fifth Third Bancorp now owns 428 shares of the company's stock worth $46,000 after purchasing an additional 375 shares during the period. Finally, Quadrant Capital Group LLC lifted its position in Marriott Vacations Worldwide by 20.9% in the fourth 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. Hedge funds and other institutional investors own 89.52% of the company's stock.

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.