Shares of Marriot Vacations Worldwide Corporation (NYSE:VAC) have been given a consensus recommendation of “Hold” by the eleven ratings firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $133.75.

Several research analysts recently commented on the stock. Deutsche Bank AG restated a “hold” rating and issued a $112.00 price target (up previously from $92.00) on shares of Marriot Vacations Worldwide Corporation in a report on Wednesday, August 9th. Nomura raised their price target on shares of Marriot Vacations Worldwide Corporation from $151.00 to $160.00 and gave the company a “buy” rating in a report on Friday. BidaskClub lowered shares of Marriot Vacations Worldwide Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Zacks Investment Research upgraded shares of Marriot Vacations Worldwide Corporation from a “hold” rating to a “buy” rating and set a $129.00 price target on the stock in a report on Tuesday, August 8th. Finally, Telsey Advisory Group raised their price target on shares of Marriot Vacations Worldwide Corporation from $113.00 to $120.00 and gave the company a “market perform” rating in a report on Friday, August 4th.

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Shares of Marriot Vacations Worldwide Corporation (VAC) opened at $141.85 on Friday. The company has a current ratio of 6.64, a quick ratio of 3.60 and a debt-to-equity ratio of 1.21. The stock has a market capitalization of $3,758.32, a PE ratio of 23.41 and a beta of 1.20.

Marriot Vacations Worldwide Corporation (NYSE:VAC) last released its earnings results on Thursday, November 2nd. The company reported $1.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.14 by $0.27. Marriot Vacations Worldwide Corporation had a net margin of 8.28% and a return on equity of 17.91%. The business had revenue of $486.99 million for the quarter, compared to analysts’ expectations of $470.05 million. During the same period last year, the company earned $0.96 earnings per share. The company’s quarterly revenue was up 21.2% on a year-over-year basis. research analysts anticipate that Marriot Vacations Worldwide Corporation will post 5.37 EPS for the current fiscal year.

Marriot Vacations Worldwide Corporation announced that its board has initiated a share repurchase plan on Thursday, August 3rd that permits the company to buyback 1,000,000 outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

In other news, VP Brian E. Miller sold 10,500 shares of Marriot Vacations Worldwide Corporation stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $114.61, for a total transaction of $1,203,405.00. Following the sale, the vice president now owns 12,058 shares in the company, valued at $1,381,967.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder J W. Marriott, Jr. sold 5,962 shares of Marriot Vacations Worldwide Corporation stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $114.18, for a total transaction of $680,741.16. Following the sale, the insider now owns 12,144 shares in the company, valued at approximately $1,386,601.92. The disclosure for this sale can be found here. Company insiders own 3.30% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. raised its stake in shares of Marriot Vacations Worldwide Corporation by 42,912.0% during the first quarter. BlackRock Inc. now owns 2,875,350 shares of the company’s stock valued at $287,334,000 after purchasing an additional 2,868,665 shares during the period. Vanguard Group Inc. raised its stake in shares of Marriot Vacations Worldwide Corporation by 2.4% during the second quarter. Vanguard Group Inc. now owns 1,981,032 shares of the company’s stock valued at $233,266,000 after purchasing an additional 46,756 shares during the period. FMR LLC raised its stake in shares of Marriot Vacations Worldwide Corporation by 31.0% during the second quarter. FMR LLC now owns 1,324,355 shares of the company’s stock valued at $155,943,000 after purchasing an additional 313,129 shares during the period. State Street Corp raised its stake in shares of Marriot Vacations Worldwide Corporation by 2.9% during the second quarter. State Street Corp now owns 589,796 shares of the company’s stock valued at $69,449,000 after purchasing an additional 16,399 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Marriot Vacations Worldwide Corporation by 4.5% during the second quarter. Northern Trust Corp now owns 446,755 shares of the company’s stock valued at $52,605,000 after purchasing an additional 19,203 shares during the period. Institutional investors own 75.63% of the company’s stock.

About Marriot Vacations Worldwide Corporation

Marriott Vacations Worldwide Corporation focuses on vacation ownership, based on number of owners, number of resorts and revenues. The Company is an exclusive worldwide developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands.

Analyst Recommendations for Marriot Vacations Worldwide Corporation (NYSE:VAC)

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