Analysts Set Marriott Vacations Worldwide Co. (NYSE:VAC) Price Target at $108.00

Marriott Vacations Worldwide Co. (NYSE:VAC) has been assigned a consensus rating of “Hold” from the nine brokerages that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $105.67.

Several equities research analysts recently issued reports on the company. Mizuho boosted their price target on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. StockNews.com raised shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. Stifel Nicolaus increased their price objective on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. The Goldman Sachs Group boosted their price target on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a “sell” rating in a research report on Tuesday, December 10th. Finally, Truist Financial increased their price objective on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th.

Marriott Vacations Worldwide Trading Down 0.0 %

Shares of NYSE:VAC opened at $86.02 on Friday. The stock has a market capitalization of $3.00 billion, a PE ratio of 16.38, a price-to-earnings-growth ratio of 0.86 and a beta of 1.84. Marriott Vacations Worldwide has a one year low of $67.28 and a one year high of $108.57. The company’s 50-day moving average price is $91.39 and its two-hundred day moving average price is $82.33. The company has a debt-to-equity ratio of 2.19, a current ratio of 3.53 and a quick ratio of 2.86.

Marriott Vacations Worldwide Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Thursday, December 19th were issued a dividend of $0.79 per share. This is a boost from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. The ex-dividend date was Thursday, December 19th. This represents a $3.16 dividend on an annualized basis and a yield of 3.67%. Marriott Vacations Worldwide’s dividend payout ratio is 60.19%.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Large investors have recently modified their holdings of the company. Verity Asset Management Inc. lifted its stake in Marriott Vacations Worldwide by 3.1% in the 3rd quarter. Verity Asset Management Inc. now owns 4,303 shares of the company’s stock worth $316,000 after purchasing an additional 131 shares in the last quarter. Stifel Financial Corp raised its position in shares of Marriott Vacations Worldwide by 3.4% in the third quarter. Stifel Financial Corp now owns 5,596 shares of the company’s stock worth $411,000 after buying an additional 184 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in Marriott Vacations Worldwide by 5.4% during the second quarter. Commonwealth Equity Services LLC now owns 4,251 shares of the company’s stock valued at $371,000 after buying an additional 216 shares during the period. Covestor Ltd boosted its stake in Marriott Vacations Worldwide by 32.3% during the third quarter. Covestor Ltd now owns 1,372 shares of the company’s stock valued at $101,000 after buying an additional 335 shares during the period. Finally, Quarry LP grew its position in Marriott Vacations Worldwide by 368.4% during the second quarter. Quarry LP now owns 445 shares of the company’s stock worth $39,000 after buying an additional 350 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors.

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.