Deutsche Bank Aktiengesellschaft Trims Marriott Vacations Worldwide (NYSE:VAC) Target Price to $95.00

Marriott Vacations Worldwide (NYSE:VAC) had its price objective lowered by Deutsche Bank Aktiengesellschaft from $121.00 to $95.00 in a research report sent to investors on Tuesday morning, Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also commented on the stock. Truist Financial decreased their price objective on shares of Marriott Vacations Worldwide from $161.00 to $159.00 and set a buy rating on the stock in a report on Friday, July 19th. Mizuho dropped their price objective on Marriott Vacations Worldwide from $128.00 to $126.00 and set a buy rating for the company in a research note on Friday, June 14th. Barclays decreased their target price on Marriott Vacations Worldwide from $106.00 to $82.00 and set an equal weight rating on the stock in a research note on Friday, August 2nd. StockNews.com lowered shares of Marriott Vacations Worldwide from a hold rating to a sell rating in a research note on Friday, July 19th. Finally, JMP Securities lowered their price objective on shares of Marriott Vacations Worldwide from $115.00 to $90.00 and set a market outperform rating for the company in a research note on Friday, August 2nd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of Hold and an average target price of $102.67.

Marriott Vacations Worldwide Stock Performance

NYSE VAC opened at $70.91 on Tuesday. The company has a current ratio of 3.12, a quick ratio of 2.62 and a debt-to-equity ratio of 1.32. Marriott Vacations Worldwide has a twelve month low of $70.43 and a twelve month high of $117.16. The stock has a 50-day moving average of $84.76 and a 200 day moving average of $91.40. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 13.11, a PEG ratio of 0.71 and a beta of 1.81.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.99 by ($0.89). The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Marriott Vacations Worldwide had a return on equity of 9.89% and a net margin of 3.41%. Marriott Vacations Worldwide’s revenue was down 3.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.19 EPS. Sell-side analysts anticipate that Marriott Vacations Worldwide will post 6.18 EPS for the current fiscal year.

Institutional Investors Weigh In On Marriott Vacations Worldwide

A number of large investors have recently modified their holdings of the company. Qsemble Capital Management LP acquired a new position in shares of Marriott Vacations Worldwide during the second quarter worth $312,000. Van Berkom & Associates Inc. lifted its holdings in Marriott Vacations Worldwide by 19.1% during the 2nd quarter. Van Berkom & Associates Inc. now owns 722,164 shares of the company’s stock worth $63,059,000 after buying an additional 115,993 shares during the last quarter. Connable Office Inc. boosted its position in shares of Marriott Vacations Worldwide by 33.2% during the 2nd quarter. Connable Office Inc. now owns 3,457 shares of the company’s stock worth $302,000 after acquiring an additional 862 shares in the last quarter. Savant Capital LLC increased its holdings in shares of Marriott Vacations Worldwide by 0.5% in the 2nd quarter. Savant Capital LLC now owns 147,133 shares of the company’s stock valued at $12,848,000 after acquiring an additional 784 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in shares of Marriott Vacations Worldwide by 20.3% during the 2nd quarter. Victory Capital Management Inc. now owns 763,835 shares of the company’s stock worth $66,698,000 after acquiring an additional 129,131 shares in the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

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.