Shares of Marriott Vacations Worldwide Corp (NYSE:VAC) have been assigned a consensus rating of “Buy” from the eleven ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $131.09.
Several analysts recently commented on the company. Zacks Investment Research cut Marriott Vacations Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, February 9th. ValuEngine cut Marriott Vacations Worldwide from a “sell” rating to a “strong sell” rating in a research report on Friday, December 21st. Deutsche Bank dropped their price target on Marriott Vacations Worldwide from $134.00 to $93.00 and set a “hold” rating for the company in a research report on Monday, January 7th. Credit Suisse Group reissued an “outperform” rating and set a $120.00 price objective on shares of Marriott Vacations Worldwide in a research note on Wednesday, March 20th. Finally, SunTrust Banks boosted their price objective on Marriott Vacations Worldwide to $149.00 and gave the stock a “positive” rating in a research note on Friday, March 1st.
In other news, SVP Laurie A. Sullivan sold 2,857 shares of the company’s stock in a transaction on Friday, March 29th. The stock was sold at an average price of $95.87, for a total value of $273,900.59. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 2.30% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. We Are One Seven LLC purchased a new stake in Marriott Vacations Worldwide during the 4th quarter worth about $32,000. Exane Derivatives purchased a new stake in Marriott Vacations Worldwide during the 4th quarter worth about $38,000. Doyle Wealth Management purchased a new stake in Marriott Vacations Worldwide during the 4th quarter worth about $38,000. Huntington National Bank increased its holdings in Marriott Vacations Worldwide by 65.4% during the 4th quarter. Huntington National Bank now owns 579 shares of the company’s stock worth $41,000 after purchasing an additional 229 shares during the period. Finally, Private Capital Group LLC increased its holdings in Marriott Vacations Worldwide by 205.2% during the 4th quarter. Private Capital Group LLC now owns 757 shares of the company’s stock worth $53,000 after purchasing an additional 509 shares during the period. 84.40% of the stock is currently owned by hedge funds and other institutional investors.
Shares of VAC opened at $104.98 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 3.49 and a quick ratio of 2.71. Marriott Vacations Worldwide has a one year low of $60.67 and a one year high of $138.46. The company has a market cap of $4.69 billion, a P/E ratio of 17.64, a PEG ratio of 1.48 and a beta of 1.62.
Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings results on Thursday, February 28th. The company reported $1.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.45 by $0.04. Marriott Vacations Worldwide had a return on equity of 8.45% and a net margin of 1.85%. The firm had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.04 billion. As a group, equities analysts predict that Marriott Vacations Worldwide will post 7.78 EPS for the current year.
Marriott Vacations Worldwide Company Profile
Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton, Westin, Hyatt Residence Club brands, and Marriott Vacation Club Pulse brands. The company operates through two segments, Vacation Ownership and Exchange & Third-Party Management.
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