Marriott Vacations Worldwide Co. (NYSE:VAC) Receives $112.22 Consensus Target Price from Analysts

Marriott Vacations Worldwide Co. (NYSE:VAC) has received a consensus rating of “Hold” from the nine analysts that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $112.22.

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft increased their price objective on Marriott Vacations Worldwide from $116.00 to $121.00 and gave the company a “buy” rating in a report on Thursday, May 9th. StockNews.com raised shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Thursday, July 11th. Truist Financial upped their price objective on shares of Marriott Vacations Worldwide from $159.00 to $161.00 and gave the stock a “buy” rating in a report on Tuesday, May 28th. Mizuho dropped their target price on shares of Marriott Vacations Worldwide from $128.00 to $126.00 and set a “buy” rating on the stock in a report on Friday, June 14th. Finally, Barclays upped their price target on shares of Marriott Vacations Worldwide from $102.00 to $106.00 and gave the company an “equal weight” rating in a report on Wednesday, May 8th.

Marriott Vacations Worldwide Trading Up 4.2 %

NYSE:VAC opened at $90.38 on Friday. The company has a market capitalization of $3.18 billion, a P/E ratio of 16.71, a P/E/G ratio of 0.64 and a beta of 1.82. The stock’s 50 day moving average price is $89.49 and its 200 day moving average price is $91.85. The company has a debt-to-equity ratio of 2.22, a quick ratio of 2.62 and a current ratio of 3.12. Marriott Vacations Worldwide has a 52 week low of $72.78 and a 52 week high of $133.99.

Marriott Vacations Worldwide (NYSE:VAC) last announced 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. Marriott Vacations Worldwide had a net margin of 4.50% and a return on equity of 11.77%. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same quarter in the prior year, the business posted $2.54 EPS. Marriott Vacations Worldwide’s quarterly revenue was up 2.2% on a year-over-year basis. On average, research analysts forecast that Marriott Vacations Worldwide will post 7.65 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 6th. Investors of record on Thursday, May 23rd were given a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date of this dividend was Wednesday, May 22nd. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently 56.19%.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Large investors have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC increased 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 valued at $31,000 after purchasing an additional 246 shares during the period. Fidelis Capital Partners LLC bought a new stake in Marriott Vacations Worldwide in the 1st quarter valued at $41,000. Fifth Third Bancorp raised its stake in shares of Marriott Vacations Worldwide by 707.5% in the 1st quarter. Fifth Third Bancorp now owns 428 shares of the company’s stock valued at $46,000 after buying an additional 375 shares in the last quarter. Quadrant Capital Group LLC lifted its holdings 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 acquiring an additional 175 shares during the period. Finally, TFO Wealth Partners LLC boosted its position in shares of Marriott Vacations Worldwide by 61,550.0% during the 4th quarter. TFO Wealth Partners LLC now owns 1,233 shares of the company’s stock valued at $105,000 after acquiring an additional 1,231 shares in the last quarter. 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.