Marriott Vacations Worldwide (NYSE:VAC) Shares Cross Above 200 Day Moving Average – Time to Sell?

Marriott Vacations Worldwide Corporation (NYSE:VACGet Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $88.03 and traded as high as $102.13. Marriott Vacations Worldwide shares last traded at $101.3940, with a volume of 430,060 shares.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on VAC. The Goldman Sachs Group reiterated a “buy” rating and issued a $132.00 price objective on shares of Marriott Vacations Worldwide in a research note on Friday, August 7th. Zacks Research raised Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Truist Financial increased their price objective on Marriott Vacations Worldwide from $97.00 to $134.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. Wall Street Zen raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Finally, Morgan Stanley reiterated an “underweight” rating and set a $65.00 target price on shares of Marriott Vacations Worldwide in a research report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $106.27.

Read Our Latest Analysis on VAC

Marriott Vacations Worldwide Stock Down 2.6%

The company has a market cap of $3.52 billion, a P/E ratio of -10.49, a PEG ratio of 1.93 and a beta of 1.24. The company has a quick ratio of 2.99, a current ratio of 3.56 and a debt-to-equity ratio of 2.65. The firm has a fifty day moving average price of $105.70 and a 200 day moving average price of $88.32.

Marriott Vacations Worldwide (NYSE:VACGet Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $2.31 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.34. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the prior year, the firm earned $1.96 EPS. The company’s revenue was up 5.9% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. Equities research analysts forecast that Marriott Vacations Worldwide Corporation will post 8.7 earnings per share for the current year.

Marriott Vacations Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Wednesday, September 16th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is currently -32.85%.

Insider Buying and Selling at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, Director Christian Asmar sold 750,000 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $111.49, for a total value of $83,617,500.00. Following the completion of the sale, the director directly owned 3,380,818 shares in the company, valued at $376,927,398.82. This represents a 18.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kathleen A. Pighini sold 2,500 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $120.00, for a total value of $300,000.00. Following the sale, the insider directly owned 10,821 shares in the company, valued at approximately $1,298,520. This represents a 18.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 13.30% of the stock is owned by insiders.

Institutional Trading of Marriott Vacations Worldwide

Several hedge funds and other institutional investors have recently modified their holdings of VAC. Ananym Capital Management LP grew its stake in shares of Marriott Vacations Worldwide by 0.4% during the 4th quarter. Ananym Capital Management LP now owns 736,947 shares of the company’s stock worth $42,514,000 after acquiring an additional 3,200 shares in the last quarter. Deprince Race & Zollo Inc. increased its holdings in shares of Marriott Vacations Worldwide by 5.4% during the 1st quarter. Deprince Race & Zollo Inc. now owns 524,247 shares of the company’s stock worth $34,139,000 after acquiring an additional 26,824 shares during the last quarter. Quantinno Capital Management LP grew its stake in Marriott Vacations Worldwide by 12.3% in the 1st quarter. Quantinno Capital Management LP now owns 474,037 shares of the company’s stock valued at $30,869,000 after buying an additional 52,007 shares during the last quarter. LSV Asset Management grew its position in shares of Marriott Vacations Worldwide by 7.9% in the fourth quarter. LSV Asset Management now owns 204,657 shares of the company’s stock valued at $11,807,000 after purchasing an additional 15,025 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in Marriott Vacations Worldwide during the 2nd quarter worth $17,975,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

About Marriott Vacations Worldwide

(Get Free Report)

Marriott Vacations Worldwide Corporation (NYSE: VAC) is a vacation ownership and leisure travel company. It develops, markets, sells, and manages vacation ownership interests, including timeshare and related membership products, that provide customers with access to resort accommodations and vacation experiences.

The company operates a portfolio of vacation ownership brands that includes Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Grand Residences by Marriott, and Hyatt Vacation Club.

Further Reading

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