Marriott Vacations Worldwide Corp (VAC) Receives $131.09 Consensus Price Target from Analysts

Shares of Marriott Vacations Worldwide Corp (NYSE:VAC) have received an average rating of “Buy” from the eleven research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $131.09.

VAC has been the subject of a number of analyst reports. Zacks Investment Research upgraded Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and set a $113.00 price target for the company in a research report on Tuesday, March 5th. Nomura lowered their price target on Marriott Vacations Worldwide from $158.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, February 28th. Deutsche Bank lowered 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 restated an “outperform” rating and issued a $120.00 price target on shares of Marriott Vacations Worldwide in a research report on Wednesday, March 20th. Finally, SunTrust Banks raised their price target on Marriott Vacations Worldwide to $149.00 and gave the stock a “positive” rating in a research report on Friday, March 1st.

In related news, SVP Laurie A. Sullivan sold 2,857 shares of the firm’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 filing with the Securities & Exchange Commission, which is available through this link. 2.30% of the stock is owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. Neuburgh Advisers LLC increased its stake in Marriott Vacations Worldwide by 4.5% in the fourth quarter. Neuburgh Advisers LLC now owns 3,360 shares of the company’s stock worth $237,000 after purchasing an additional 144 shares during the period. Wetherby Asset Management Inc. increased its stake in Marriott Vacations Worldwide by 1.5% in the fourth quarter. Wetherby Asset Management Inc. now owns 12,823 shares of the company’s stock worth $904,000 after purchasing an additional 189 shares during the period. Huntington National Bank increased its stake in Marriott Vacations Worldwide by 65.4% in the fourth 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. Advisor Group Inc. increased its stake in Marriott Vacations Worldwide by 9.4% in the fourth quarter. Advisor Group Inc. now owns 2,991 shares of the company’s stock worth $210,000 after purchasing an additional 258 shares during the period. Finally, Oregon Public Employees Retirement Fund increased its stake in Marriott Vacations Worldwide by 1.6% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 16,366 shares of the company’s stock worth $1,154,000 after purchasing an additional 263 shares during the period. Institutional investors and hedge funds own 84.40% of the company’s stock.

NYSE VAC opened at $104.98 on Friday. The company has a quick ratio of 2.71, a current ratio of 3.49 and a debt-to-equity ratio of 1.10. The company has a market cap of $4.69 billion, a PE ratio of 17.64, a PEG ratio of 1.48 and a beta of 1.62. Marriott Vacations Worldwide has a one year low of $60.67 and a one year high of $138.46.

Marriott Vacations Worldwide (NYSE:VAC) last posted its earnings results on Thursday, February 28th. The company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.04. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.04 billion. Marriott Vacations Worldwide had a return on equity of 8.45% and a net margin of 1.85%. On average, sell-side analysts expect 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.

Recommended Story: Analyzing a company’s cash flow statement

Analyst Recommendations for Marriott Vacations Worldwide (NYSE:VAC)

Receive News & Ratings for Marriott Vacations Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott Vacations Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.