Marriott Vacations Worldwide (NYSE:VAC) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Friday.

According to Zacks, “Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership resorts and vacation club, destination club and exchange programs, principally under the Marriott and Ritz-Carlton brands and trademarks. The Company generates most of its revenues from four primary sources: selling vacation ownership products, managing our resorts, financing consumer purchases of vacation ownership products and renting vacation ownership inventory. “

VAC has been the topic of several other reports. Nomura raised their target price on Marriott Vacations Worldwide from $151.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Stifel Nicolaus reiterated a “buy” rating and set a $130.00 price target (up from $120.00) on shares of Marriott Vacations Worldwide in a research report on Thursday, September 21st. ValuEngine cut Marriott Vacations Worldwide from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Instinet initiated coverage on Marriott Vacations Worldwide in a research report on Wednesday, October 25th. They set a “buy” rating and a $151.00 price target on the stock. Finally, Macquarie initiated coverage on Marriott Vacations Worldwide in a research report on Friday, January 5th. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $133.22.

Marriott Vacations Worldwide (NYSE VAC) traded up $1.34 on Friday, reaching $136.33. The company had a trading volume of 163,800 shares, compared to its average volume of 163,938. Marriott Vacations Worldwide has a 12-month low of $79.83 and a 12-month high of $143.53. The company has a current ratio of 6.64, a quick ratio of 4.65 and a debt-to-equity ratio of 1.21. The firm has a market cap of $3,610.00, a PE ratio of 22.46 and a beta of 1.20.

Marriott Vacations Worldwide (NYSE:VAC) last posted its earnings results on Thursday, November 2nd. The company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.14 by $0.27. Marriott Vacations Worldwide had a return on equity of 17.91% and a net margin of 8.28%. The firm had revenue of $486.99 million for the quarter, compared to analysts’ expectations of $470.05 million. During the same period last year, the firm earned $0.96 EPS. The firm’s revenue was up 21.2% compared to the same quarter last year. equities analysts predict that Marriott Vacations Worldwide will post 5.38 EPS for the current fiscal year.

In other news, VP Michael E. Yonker sold 2,500 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $134.43, for a total transaction of $336,075.00. Following the completion of the sale, the vice president now directly owns 3,128 shares of the company’s stock, valued at approximately $420,497.04. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Melquiades R. Martinez sold 2,812 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $133.14, for a total value of $374,389.68. Following the sale, the director now directly owns 445 shares of the company’s stock, valued at $59,247.30. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 14,312 shares of company stock worth $1,925,645. 3.30% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bamco Inc. NY boosted its stake in shares of Marriott Vacations Worldwide by 0.6% during the 3rd quarter. Bamco Inc. NY now owns 2,162,214 shares of the company’s stock worth $269,261,000 after acquiring an additional 13,800 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Marriott Vacations Worldwide by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 1,981,032 shares of the company’s stock worth $233,266,000 after acquiring an additional 46,756 shares in the last quarter. FMR LLC boosted its stake in shares of Marriott Vacations Worldwide by 31.0% during the 2nd quarter. FMR LLC now owns 1,324,355 shares of the company’s stock worth $155,943,000 after acquiring an additional 313,129 shares in the last quarter. State Street Corp boosted its stake in shares of Marriott Vacations Worldwide by 2.9% during the 2nd quarter. State Street Corp now owns 589,796 shares of the company’s stock worth $69,449,000 after acquiring an additional 16,399 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Marriott Vacations Worldwide by 4.5% during the 2nd quarter. Northern Trust Corp now owns 446,755 shares of the company’s stock worth $52,605,000 after acquiring an additional 19,203 shares in the last quarter. 74.00% of the stock is owned by institutional investors and hedge funds.

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About Marriott Vacations Worldwide

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.

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