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

Marriott Vacations Worldwide Co. (NYSE:VAC) has been given a consensus rating of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $181.17.

Several equities research analysts have weighed in on VAC shares. StockNews.com started coverage on Marriott Vacations Worldwide in a research note on Thursday, August 17th. They set a “hold” rating on the stock. Barclays dropped their target price on Marriott Vacations Worldwide from $174.00 to $131.00 and set an “overweight” rating for the company in a research report on Friday, August 4th. Finally, Truist Financial dropped their target price on Marriott Vacations Worldwide from $219.00 to $190.00 and set a “buy” rating for the company in a research report on Friday, August 11th.

Insider Activity at Marriott Vacations Worldwide

In other news, CFO Anthony E. Terry purchased 1,800 shares of the stock in a transaction that occurred on Monday, August 7th. The stock was purchased at an average price of $113.55 per share, for a total transaction of $204,390.00. Following the completion of the acquisition, the chief financial officer now owns 13,087 shares of the company’s stock, valued at $1,486,028.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Marriott Vacations Worldwide news, CEO John E. Geller, Jr. acquired 5,000 shares of Marriott Vacations Worldwide stock in a transaction that occurred on Monday, August 7th. The stock was bought at an average price of $112.84 per share, with a total value of $564,200.00. Following the completion of the purchase, the chief executive officer now directly owns 43,323 shares of the company’s stock, valued at approximately $4,888,567.32. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Anthony E. Terry acquired 1,800 shares of Marriott Vacations Worldwide stock in a transaction that occurred on Monday, August 7th. The stock was acquired at an average cost of $113.55 per share, with a total value of $204,390.00. Following the purchase, the chief financial officer now directly owns 13,087 shares of the company’s stock, valued at $1,486,028.85. The disclosure for this purchase can be found here. 1.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Large investors have recently bought and sold shares of the business. Machina Capital S.A.S. acquired a new position in shares of Marriott Vacations Worldwide during the first quarter worth $27,000. Rockefeller Capital Management L.P. increased its position in shares of Marriott Vacations Worldwide by 56.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 204 shares of the company’s stock worth $27,000 after purchasing an additional 74 shares in the last quarter. ST Germain D J Co. Inc. acquired a new position in shares of Marriott Vacations Worldwide during the second quarter worth $31,000. Penserra Capital Management LLC acquired a new position in shares of Marriott Vacations Worldwide during the first quarter worth $40,000. Finally, Belpointe Asset Management LLC acquired a new position in shares of Marriott Vacations Worldwide during the fourth quarter worth $36,000. Institutional investors own 83.27% of the company’s stock.

Marriott Vacations Worldwide Price Performance

NYSE:VAC opened at $102.59 on Friday. The company has a quick ratio of 2.73, a current ratio of 3.32 and a debt-to-equity ratio of 2.03. The business’s 50-day simple moving average is $116.16 and its two-hundred day simple moving average is $126.29. The stock has a market cap of $3.74 billion, a PE ratio of 11.61 and a beta of 2.02. Marriott Vacations Worldwide has a 52 week low of $100.27 and a 52 week high of $165.85.

Marriott Vacations Worldwide (NYSE:VAC) last issued its earnings results on Wednesday, August 2nd. The company reported $2.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.81 by ($0.62). Marriott Vacations Worldwide had a return on equity of 17.65% and a net margin of 7.81%. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.24 billion. During the same period last year, the firm posted $2.87 earnings per share. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. As a group, analysts forecast that Marriott Vacations Worldwide will post 9.81 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Thursday, September 21st will be issued a $0.72 dividend. The ex-dividend date of this dividend is Wednesday, September 20th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.81%. Marriott Vacations Worldwide’s payout ratio is 32.58%.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related products. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The company manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, and Marriott Vacation Club Pulse brands.