Brokerages Set Marriott Vacations Worldwide Co. (NYSE:VAC) Price Target at $101.56

Marriott Vacations Worldwide Co. (NYSE:VAC) has been given a consensus recommendation of “Moderate Buy” by the nine research firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $106.22.

Several equities research analysts have issued reports on VAC shares. Barclays raised shares of Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $97.00 to $116.00 in a research note on Friday. The Goldman Sachs Group boosted their price target on Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a “sell” rating in a report on Tuesday. Truist Financial lifted their price objective on Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. StockNews.com upgraded Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Friday, November 8th. Finally, Stifel Nicolaus increased their price target on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th.

Marriott Vacations Worldwide Stock Down 0.4 %

Shares of NYSE:VAC opened at $94.48 on Monday. The company has a market capitalization of $3.30 billion, a P/E ratio of 18.00, a P/E/G ratio of 0.87 and a beta of 1.84. The stock’s fifty day simple moving average is $86.81 and its 200-day simple moving average is $82.22. Marriott Vacations Worldwide has a 52-week low of $67.28 and a 52-week high of $108.57. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19.

Marriott Vacations Worldwide Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, December 19th will be issued a dividend of $0.79 per share. This is an increase from Marriott Vacations Worldwide’s previous quarterly dividend of $0.76. This represents a $3.16 annualized dividend and a dividend yield of 3.34%. The ex-dividend date is Thursday, December 19th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently 57.90%.

Institutional Trading of Marriott Vacations Worldwide

Several large investors have recently bought and sold shares of the company. Tidal Investments LLC boosted its stake in shares of Marriott Vacations Worldwide by 6.1% in the third quarter. Tidal Investments LLC now owns 8,098 shares of the company’s stock valued at $595,000 after purchasing an additional 464 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Marriott Vacations Worldwide in the 3rd quarter valued at about $97,000. Sanctuary Advisors LLC acquired a new stake in shares of Marriott Vacations Worldwide during the third quarter valued at about $348,000. Virtu Financial LLC purchased a new stake in shares of Marriott Vacations Worldwide during the third quarter worth about $245,000. Finally, Stifel Financial Corp lifted its stake in shares of Marriott Vacations Worldwide by 3.4% in the third quarter. Stifel Financial Corp now owns 5,596 shares of the company’s stock worth $411,000 after acquiring an additional 184 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Marriott Vacations Worldwide Company Profile

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.