Shares of Marriott Vacations Worldwide Corp (NYSE:VAC) have been assigned a consensus recommendation of “Buy” from the twelve research firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $133.75.

VAC has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded shares of Marriott Vacations Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 5th. Instinet began coverage on Marriott Vacations Worldwide in a research note on Wednesday, October 25th. They set a “buy” rating and a $151.00 price objective on the stock. Nomura began coverage on Marriott Vacations Worldwide in a research note on Wednesday, October 25th. They set a “buy” rating and a $151.00 price objective on the stock. ValuEngine cut Marriott Vacations Worldwide from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Stifel Nicolaus restated a “buy” rating and set a $130.00 price objective (up from $120.00) on shares of Marriott Vacations Worldwide in a research note on Thursday, September 21st.

Shares of Marriott Vacations Worldwide (NYSE VAC) opened at $135.89 on Friday. Marriott Vacations Worldwide has a 1 year low of $82.11 and a 1 year high of $143.53. The company has a debt-to-equity ratio of 1.21, a quick ratio of 4.65 and a current ratio of 6.64. The firm has a market cap of $3,610.00, a P/E ratio of 22.39 and a beta of 1.20.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings results on Thursday, November 2nd. The company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.27. Marriott Vacations Worldwide had a net margin of 8.28% and a return on equity of 17.91%. The business had revenue of $486.99 million during the quarter, compared to the consensus estimate of $470.05 million. During the same quarter last year, the company earned $0.96 earnings per share. The business’s quarterly revenue was up 21.2% compared to the same quarter last year. research analysts expect that Marriott Vacations Worldwide will post 5.38 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 4th. Investors of record on Thursday, December 21st were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, December 20th. This is a boost from Marriott Vacations Worldwide’s previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a yield of 1.18%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is 26.36%.

In related news, COO R. Lee Cunningham sold 9,000 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $135.02, for a total transaction of $1,215,180.00. Following the transaction, the chief operating officer now directly owns 19,356 shares in the company, valued at $2,613,447.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 value of $336,075.00. Following the transaction, the vice president now owns 3,128 shares in the company, valued at $420,497.04. The disclosure for this sale can be found here. Insiders have sold 14,312 shares of company stock worth $1,925,645 over the last 90 days. 3.30% of the stock is currently owned by company insiders.

A number of hedge funds have recently bought and sold shares of VAC. JPMorgan Chase & Co. lifted its stake in Marriott Vacations Worldwide by 7.0% in the second quarter. JPMorgan Chase & Co. now owns 1,170 shares of the company’s stock valued at $138,000 after buying an additional 77 shares during the last quarter. Quantbot Technologies LP bought a new stake in Marriott Vacations Worldwide in the second quarter valued at $196,000. M&T Bank Corp bought a new stake in Marriott Vacations Worldwide in the second quarter valued at $204,000. Capital Investment Advisors LLC bought a new stake in Marriott Vacations Worldwide in the fourth quarter valued at $206,000. Finally, DekaBank Deutsche Girozentrale lifted its stake in Marriott Vacations Worldwide by 87.9% in the third quarter. DekaBank Deutsche Girozentrale now owns 1,896 shares of the company’s stock valued at $210,000 after buying an additional 887 shares during the last quarter. Institutional investors own 74.00% of the company’s stock.

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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.

Analyst Recommendations for Marriott Vacations Worldwide (NYSE:VAC)

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