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

Marriott Vacations Worldwide Co. (NYSE:VAC) has been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are presently covering the stock, Marketbeat.com reports. One research analyst has 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 1 year price target among brokerages that have updated their coverage on the stock in the last year is $108.00.

A number of research analysts have recently commented on the company. StockNews.com raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Friday, November 8th. Barclays upgraded Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $97.00 to $116.00 in a report on Friday, December 13th. Mizuho boosted their price objective on shares of Marriott Vacations Worldwide from $110.00 to $117.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. The Goldman Sachs Group raised their target price on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a “sell” rating in a research note on Tuesday, December 10th. Finally, Truist Financial lifted their target price on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th.

Marriott Vacations Worldwide Stock Down 2.7 %

VAC stock opened at $87.39 on Friday. The firm has a market cap of $3.05 billion, a PE ratio of 16.65, a PEG ratio of 0.86 and a beta of 1.84. Marriott Vacations Worldwide has a 1 year low of $67.28 and a 1 year high of $108.57. The company has a fifty day simple moving average of $90.96 and a 200 day simple moving average of $82.36. The company has a current ratio of 3.53, a quick ratio of 2.86 and a debt-to-equity ratio of 2.19.

Marriott Vacations Worldwide Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, December 19th will be issued a $0.79 dividend. The ex-dividend date is Thursday, December 19th. This is an increase from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. This represents a $3.16 dividend on an annualized basis and a yield of 3.62%. Marriott Vacations Worldwide’s dividend payout ratio is 60.19%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its position in Marriott Vacations Worldwide by 14.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,599,789 shares of the company’s stock worth $139,687,000 after buying an additional 207,938 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in Marriott Vacations Worldwide by 18.0% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 1,102,774 shares of the company’s stock valued at $81,032,000 after acquiring an additional 168,130 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of 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 acquiring an additional 3,983 shares during the period. Van Berkom & Associates Inc. grew its holdings 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. increased its position in shares of Marriott Vacations Worldwide by 6.6% during the third quarter. New South Capital Management Inc. now owns 364,394 shares of the company’s stock valued at $26,776,000 after purchasing an additional 22,672 shares during the period. Institutional investors own 89.52% of the company’s stock.

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.