Marriott Vacations Worldwide Co. (NYSE:VAC) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Marriott Vacations Worldwide Co. (NYSE:VAC) has received an average recommendation of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $108.00.

VAC has been the topic of a number of recent research reports. The Goldman Sachs Group raised 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. Barclays upgraded shares of Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $97.00 to $116.00 in a research note on Friday, December 13th. Mizuho increased 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. Stifel Nicolaus raised their price objective on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Finally, StockNews.com raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Friday, November 8th.

Marriott Vacations Worldwide Trading Down 2.7 %

NYSE:VAC opened at $87.39 on Friday. The company has a market cap of $3.05 billion, a PE ratio of 16.65, a P/E/G ratio of 0.86 and a beta of 1.84. The business’s 50 day moving average is $90.96 and its two-hundred day moving average is $82.36. 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 has a 52 week low of $67.28 and a 52 week high of $108.57.

Marriott Vacations Worldwide Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, December 19th will be given a $0.79 dividend. This represents a $3.16 annualized dividend and a dividend yield of 3.62%. The ex-dividend date is Thursday, December 19th. This is a boost from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is 60.19%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its holdings in shares of Marriott Vacations Worldwide by 14.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,599,789 shares of the company’s stock valued at $139,687,000 after acquiring an additional 207,938 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its position in Marriott Vacations Worldwide by 18.0% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 1,102,774 shares of the company’s stock valued at $81,032,000 after purchasing an additional 168,130 shares during the last quarter. Victory Capital Management Inc. increased its position in Marriott Vacations Worldwide by 0.5% in the 3rd quarter. Victory Capital Management Inc. now owns 767,818 shares of the company’s stock worth $56,419,000 after purchasing an additional 3,983 shares during the last quarter. Van Berkom & Associates Inc. raised its stake in shares of 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 purchasing an additional 115,993 shares in the last quarter. Finally, New South Capital Management Inc. raised its stake in shares of Marriott Vacations Worldwide by 6.6% during the 3rd quarter. New South Capital Management Inc. now owns 364,394 shares of the company’s stock worth $26,776,000 after purchasing an additional 22,672 shares in the last quarter. 89.52% of the stock is owned by hedge funds and other 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.