Shares of Marriott Vacations Worldwide Corp (NYSE:VAC) have been given an average recommendation of “Buy” by the twelve ratings firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $137.00.
VAC has been the subject of several analyst reports. Zacks Investment Research raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Friday, January 12th. SunTrust Banks reissued a “hold” rating and set a $141.00 target price on shares of Marriott Vacations Worldwide in a research note on Tuesday, February 27th. ValuEngine raised Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a research note on Monday, February 5th. Finally, Macquarie initiated coverage on Marriott Vacations Worldwide in a research note on Friday, January 5th. They set an “outperform” rating for the company.
In other Marriott Vacations Worldwide news, VP Michael E. Yonker sold 2,636 shares of Marriott Vacations Worldwide stock in a transaction dated Thursday, March 1st. The stock was sold at an average price of $143.21, for a total transaction of $377,501.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Dwight D. Smith sold 1,250 shares of Marriott Vacations Worldwide stock in a transaction dated Wednesday, March 7th. The stock was sold at an average price of $146.60, for a total value of $183,250.00. The disclosure for this sale can be found here. Insiders have sold a total of 5,128 shares of company stock valued at $748,368 over the last ninety days. 3.30% of the stock is owned by company insiders.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Valeo Financial Advisors LLC purchased a new stake in Marriott Vacations Worldwide during the 4th quarter worth about $101,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Marriott Vacations Worldwide by 56.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,205 shares of the company’s stock valued at $163,000 after purchasing an additional 435 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of Marriott Vacations Worldwide by 42.0% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,231 shares of the company’s stock valued at $166,000 after purchasing an additional 364 shares during the last quarter. Capital Investment Advisors LLC purchased a new stake in shares of Marriott Vacations Worldwide in the 4th quarter valued at about $206,000. Finally, Godsey & Gibb Associates purchased a new stake in shares of Marriott Vacations Worldwide in the 4th quarter valued at about $208,000. 73.96% of the stock is owned by institutional investors.
Marriott Vacations Worldwide (NYSE:VAC) traded down $1.29 on Friday, reaching $142.64. The company had a trading volume of 137,452 shares, compared to its average volume of 184,096. Marriott Vacations Worldwide has a 1 year low of $92.13 and a 1 year high of $154.14. The firm has a market cap of $3,780.00, a PE ratio of 24.47 and a beta of 1.29. The company has a debt-to-equity ratio of 1.05, a current ratio of 5.22 and a quick ratio of 3.71.
Marriott Vacations Worldwide (NYSE:VAC) last released its earnings results on Tuesday, February 27th. The company reported $1.56 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.16 by $0.40. Marriott Vacations Worldwide had a return on equity of 16.46% and a net margin of 11.61%. The firm had revenue of $481.22 million during the quarter, compared to analysts’ expectations of $491.36 million. During the same period in the previous year, the firm posted $1.83 EPS. Marriott Vacations Worldwide’s revenue for the quarter was down 14.8% on a year-over-year basis. equities research analysts anticipate that Marriott Vacations Worldwide will post 6.94 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend is Wednesday, February 28th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is 27.44%.
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About Marriott Vacations Worldwide
Marriott Vacations Worldwide Corporation focuses on vacation ownership, based on number of owners, number of resorts and revenues. The Company is an exclusive worldwide developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands.
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