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

Shares of Marriott Vacations Worldwide Co. (NYSE:VAC) have received a consensus rating of “Hold” from the nine analysts that are covering the firm, Marketbeat.com reports. Two analysts have 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 12-month price target among brokerages that have covered the stock in the last year is $105.67.

VAC has been the topic of several recent research reports. The Goldman Sachs Group boosted 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. Mizuho boosted their target price on shares of Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Barclays raised shares of Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $97.00 to $116.00 in a research note on Friday, December 13th. Stifel Nicolaus boosted 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. Finally, Morgan Stanley initiated 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.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. True Wealth Design LLC acquired a new position in shares of Marriott Vacations Worldwide during the 3rd quarter valued at about $32,000. Capital Performance Advisors LLP acquired a new stake in Marriott Vacations Worldwide during the 3rd quarter worth approximately $39,000. Blue Trust Inc. raised its holdings in Marriott Vacations Worldwide by 130.7% in the fourth quarter. Blue Trust Inc. now owns 533 shares of the company’s stock valued at $48,000 after buying an additional 302 shares during the period. Brown Lisle Cummings Inc. purchased a new position in Marriott Vacations Worldwide in the fourth quarter valued at approximately $50,000. Finally, Quarry LP lifted its position in Marriott Vacations Worldwide by 81.6% during the third quarter. Quarry LP now owns 808 shares of the company’s stock valued at $59,000 after buying an additional 363 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

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 company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19. The firm’s 50-day simple moving average is $87.26 and its 200 day simple moving average is $82.68. The firm has a market capitalization of $2.95 billion, a PE ratio of 16.08, a P/E/G ratio of 0.69 and a beta of 1.83.

Marriott Vacations Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be paid a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date of this dividend is Wednesday, March 5th. 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.