Marriott Vacations Worldwide Corporation (NYSE:VAC) Receives Average Rating of “Hold” from Analysts

Marriott Vacations Worldwide Corporation (NYSE:VAC) has received an average recommendation of “Hold” from the nine brokerages that are presently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $63.3750.

Several brokerages recently commented on VAC. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Marriott Vacations Worldwide in a research report on Wednesday. Barclays lowered their price objective on Marriott Vacations Worldwide from $87.00 to $64.00 and set an “overweight” rating on the stock in a research report on Friday, November 7th. Stifel Nicolaus set a $83.00 price target on Marriott Vacations Worldwide in a research note on Thursday, November 6th. Citizens Jmp dropped their target price on shares of Marriott Vacations Worldwide from $115.00 to $60.00 and set a “market outperform” rating on the stock in a research report on Friday, November 7th. Finally, Wells Fargo & Company initiated coverage on Marriott Vacations Worldwide in a research report on Tuesday, November 18th. They set an “underweight” rating and a $37.00 price target for the company.

Insider Buying and Selling at Marriott Vacations Worldwide

In related news, Director Christian Asmar bought 84,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was purchased at an average price of $47.44 per share, for a total transaction of $3,984,960.00. Following the acquisition, the director owned 4,130,340 shares of the company’s stock, valued at approximately $195,943,329.60. This trade represents a 2.08% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director William W. Mccarten acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The stock was purchased at an average price of $48.08 per share, for a total transaction of $240,400.00. Following the acquisition, the director directly owned 13,708 shares in the company, valued at approximately $659,080.64. This trade represents a 57.42% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 94,500 shares of company stock worth $4,481,165 over the last quarter. 1.60% of the stock is currently owned by company insiders.

Institutional Trading of Marriott Vacations Worldwide

Large investors have recently modified their holdings of the stock. Ameritas Advisory Services LLC purchased a new stake in Marriott Vacations Worldwide during the 2nd quarter worth about $25,000. Pinnacle Bancorp Inc. acquired a new stake in shares of Marriott Vacations Worldwide in the 3rd quarter valued at about $25,000. Hantz Financial Services Inc. grew its stake in Marriott Vacations Worldwide by 627.8% during the 2nd quarter. Hantz Financial Services Inc. now owns 393 shares of the company’s stock worth $28,000 after buying an additional 339 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of Marriott Vacations Worldwide in the 3rd quarter valued at $27,000. Finally, Assetmark Inc. raised its holdings in shares of Marriott Vacations Worldwide by 90.6% in the second quarter. Assetmark Inc. now owns 427 shares of the company’s stock valued at $31,000 after buying an additional 203 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Trading Up 8.4%

NYSE VAC opened at $50.74 on Monday. Marriott Vacations Worldwide has a 12 month low of $44.58 and a 12 month high of $99.42. The stock has a market cap of $1.76 billion, a PE ratio of 11.38, a PEG ratio of 1.12 and a beta of 1.50. The company’s 50-day moving average price is $63.94 and its 200-day moving average price is $70.46. The company has a current ratio of 3.87, a quick ratio of 3.22 and a debt-to-equity ratio of 2.29.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.05. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Marriott Vacations Worldwide had a net margin of 3.44% and a return on equity of 11.44%. The company’s revenue was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.80 EPS. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.700-7.100 EPS. Equities research analysts forecast that Marriott Vacations Worldwide will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 17th were paid a $0.79 dividend. The ex-dividend date of this dividend was Wednesday, September 17th. This represents a $3.16 annualized dividend and a dividend yield of 6.2%. Marriott Vacations Worldwide’s dividend payout ratio is 70.85%.

About Marriott Vacations Worldwide

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.