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

Shares of Marriott Vacations Worldwide Co. (NYSE:VAC) have been given an average recommendation of “Hold” by the nine research firms that are 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 given a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $105.67.

A number of research firms have commented on VAC. Mizuho raised their price target on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. Barclays raised Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $97.00 to $116.00 in a report on Friday, December 13th. Morgan Stanley started coverage on shares of Marriott Vacations Worldwide in a report on Monday, January 6th. They set an “underweight” rating and a $87.00 price objective for the company. The Goldman Sachs Group boosted their target price on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a “sell” rating in a report on Tuesday, December 10th. Finally, StockNews.com upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Friday, November 8th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. True Wealth Design LLC purchased a new position in Marriott Vacations Worldwide during the 3rd quarter valued at $32,000. Quarry LP lifted its position in shares of 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 purchasing an additional 350 shares during the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of Marriott Vacations Worldwide during the third quarter valued at $39,000. Blue Trust Inc. grew its holdings in shares of Marriott Vacations Worldwide by 130.7% in the fourth quarter. Blue Trust Inc. now owns 533 shares of the company’s stock worth $48,000 after purchasing an additional 302 shares during the last quarter. Finally, Brown Lisle Cummings Inc. purchased a new position in Marriott Vacations Worldwide in the 4th quarter worth about $50,000. Institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Stock Performance

NYSE:VAC opened at $88.17 on Tuesday. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53. The stock has a 50-day simple moving average of $90.84 and a two-hundred day simple moving average of $82.48. The firm has a market capitalization of $3.08 billion, a PE ratio of 16.79, a P/E/G ratio of 0.65 and a beta of 1.84. 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 company also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, December 19th were paid a $0.79 dividend. The ex-dividend date was Thursday, December 19th. This represents a $3.16 annualized dividend and a dividend yield of 3.58%. This is an increase from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. Marriott Vacations Worldwide’s dividend payout ratio is currently 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.