Marriott Vacations Worldwide Co. (NYSE:VAC) Receives Average Recommendation of “Hold” from Brokerages

Shares of Marriott Vacations Worldwide Co. (NYSE:VAC) have earned an average rating of “Hold” from the nine research firms that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $105.67.

Several equities research analysts have recently issued reports on VAC shares. The Goldman Sachs Group increased their price objective 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. Truist Financial upped their target price on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Stifel Nicolaus upped their target price on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Morgan Stanley assumed coverage on shares of Marriott Vacations Worldwide in a research note on Monday, January 6th. They issued an “underweight” rating and a $87.00 target price for the company. Finally, StockNews.com upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Friday, November 8th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Verity Asset Management Inc. boosted its stake in Marriott Vacations Worldwide by 3.1% during the 3rd quarter. Verity Asset Management Inc. now owns 4,303 shares of the company’s stock valued at $316,000 after acquiring an additional 131 shares during the last quarter. True Wealth Design LLC boosted its stake in Marriott Vacations Worldwide by 35.2% during the 4th quarter. True Wealth Design LLC now owns 595 shares of the company’s stock valued at $53,000 after acquiring an additional 155 shares during the last quarter. Pacer Advisors Inc. boosted its stake in Marriott Vacations Worldwide by 2.7% during the 4th quarter. Pacer Advisors Inc. now owns 6,404 shares of the company’s stock valued at $575,000 after acquiring an additional 166 shares during the last quarter. Stifel Financial Corp boosted its stake in Marriott Vacations Worldwide by 3.4% during the 3rd quarter. Stifel Financial Corp now owns 5,596 shares of the company’s stock valued at $411,000 after acquiring an additional 184 shares during the last quarter. Finally, Xponance Inc. lifted its position in shares of Marriott Vacations Worldwide by 6.2% in the 4th quarter. Xponance Inc. now owns 3,809 shares of the company’s stock worth $342,000 after buying an additional 221 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Marriott Vacations Worldwide Price Performance

Marriott Vacations Worldwide stock opened at $84.41 on Friday. Marriott Vacations Worldwide has a 52-week low of $67.28 and a 52-week high of $108.57. The firm has a fifty day moving average of $87.26 and a 200-day moving average of $82.68. The firm has a market capitalization of $2.95 billion, a P/E ratio of 16.08, a PEG ratio of 0.69 and a beta of 1.83. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19.

Marriott Vacations Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be paid a dividend of $0.79 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $3.16 dividend on an annualized basis and a yield of 3.74%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is 60.19%.

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.