Marriott Vacations Worldwide (NYSE:VAC) Shares Up 6.2% on Analyst Upgrade

Marriott Vacations Worldwide Corporation (NYSE:VAC)’s stock price shot up 6.2% during trading on Thursday after Mizuho upgraded the stock from a neutral rating to an outperform rating. Mizuho now has a $104.00 price target on the stock, up from their previous price target of $58.00. Marriott Vacations Worldwide traded as high as $73.25 and last traded at $72.85. 289,600 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 621,788 shares. The stock had previously closed at $68.59.

Other analysts have also issued research reports about the company. Wall Street Zen raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Weiss Ratings raised shares of Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday. Zacks Research raised shares of Marriott Vacations Worldwide from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 18th. The Goldman Sachs Group decreased their target price on shares of Marriott Vacations Worldwide from $63.00 to $54.00 and set a “sell” rating on the stock in a research report on Tuesday, November 11th. Finally, Wells Fargo & Company upped their price target on shares of Marriott Vacations Worldwide from $46.00 to $58.00 and gave the company an “underweight” rating in a research report on Friday, February 27th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Marriott Vacations Worldwide currently has a consensus rating of “Hold” and a consensus price target of $73.67.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Hedge funds have recently made changes to their positions in the business. Pinnacle Bancorp Inc. purchased a new position in shares of Marriott Vacations Worldwide in the 3rd quarter valued at approximately $25,000. Advisory Services Network LLC bought a new position in Marriott Vacations Worldwide in the third quarter worth $27,000. Hantz Financial Services Inc. lifted its position in Marriott Vacations Worldwide by 627.8% during the second quarter. Hantz Financial Services Inc. now owns 393 shares of the company’s stock valued at $28,000 after buying an additional 339 shares during the period. Assetmark Inc. lifted its position in Marriott Vacations Worldwide by 90.6% during the second quarter. Assetmark Inc. now owns 427 shares of the company’s stock valued at $31,000 after buying an additional 203 shares during the period. Finally, IFP Advisors Inc boosted its holdings in shares of Marriott Vacations Worldwide by 1,828.0% during the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock valued at $32,000 after buying an additional 457 shares in the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Marriott Vacations Worldwide Stock Up 5.8%

The stock’s 50-day moving average price is $58.85 and its two-hundred day moving average price is $62.76. The stock has a market capitalization of $2.49 billion, a PE ratio of -7.83, a P/E/G ratio of 1.49 and a beta of 1.24. The company has a debt-to-equity ratio of 2.85, a quick ratio of 2.94 and a current ratio of 3.48.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.14. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Marriott Vacations Worldwide had a negative net margin of 6.12% and a positive return on equity of 11.77%. Marriott Vacations Worldwide’s revenue was down .3% on a year-over-year basis. During the same period last year, the company posted $1.86 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, analysts expect that Marriott Vacations Worldwide Corporation will post 6.23 EPS for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Wednesday, March 4th. Marriott Vacations Worldwide’s payout ratio is currently -34.52%.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.

The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.