Marriott Vacations Worldwide Corporation (NYSE:VAC – Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $100.02 and last traded at $98.37, with a volume of 739135 shares. The stock had previously closed at $97.97.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on VAC shares. Morgan Stanley upped their price objective on Marriott Vacations Worldwide from $50.00 to $51.00 and gave the company an “underweight” rating in a research note on Tuesday, May 12th. Weiss Ratings restated a “sell (d)” rating on shares of Marriott Vacations Worldwide in a research report on Friday, June 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $92.00 target price on shares of Marriott Vacations Worldwide in a research report on Thursday, April 30th. Stifel Nicolaus upped their price target on Marriott Vacations Worldwide from $77.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Finally, Citizens Jmp cut Marriott Vacations Worldwide from an “outperform” rating to a “market perform” rating in a research report on Monday, March 9th. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $83.70.
Get Our Latest Stock Report on Marriott Vacations Worldwide
Marriott Vacations Worldwide Stock Up 2.0%
Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43). The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.20 billion. Marriott Vacations Worldwide had a negative net margin of 6.72% and a positive return on equity of 11.37%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.66 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, equities research analysts anticipate that Marriott Vacations Worldwide Corporation will post 7.26 earnings per share for the current year.
Marriott Vacations Worldwide Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th were issued a $0.80 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $3.20 annualized dividend and a yield of 3.3%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is currently -31.71%.
Institutional Trading of Marriott Vacations Worldwide
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new position in shares of Marriott Vacations Worldwide in the 3rd quarter valued at about $27,000. IFP Advisors Inc raised its stake in shares of Marriott Vacations Worldwide by 1,828.0% during the third quarter. IFP Advisors Inc now owns 482 shares of the company’s stock worth $32,000 after buying an additional 457 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of Marriott Vacations Worldwide by 877.2% during the first quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock worth $38,000 after buying an additional 500 shares during the last quarter. Leonteq Securities AG acquired a new position in Marriott Vacations Worldwide in the fourth quarter valued at approximately $35,000. Finally, Kestra Advisory Services LLC acquired a new position in Marriott Vacations Worldwide in the fourth quarter valued at approximately $37,000. 89.52% of the stock is owned by institutional investors.
About Marriott Vacations Worldwide
Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.
The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.
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