Marriott Vacations Worldwide Corp. (NYSE:VAC) – Investment analysts at SunTrust Banks boosted their FY2016 earnings per share estimates for Marriott Vacations Worldwide Corp. in a research note issued on Friday. SunTrust Banks analyst P. Scholes now anticipates that the brokerage will earn $4.62 per share for the year, up from their previous estimate of $4.45. SunTrust Banks also issued estimates for Marriott Vacations Worldwide Corp.’s Q3 2017 earnings at $1.23 EPS.

A number of other equities analysts have also recently issued reports on the company. Telsey Advisory Group lowered their target price on Marriott Vacations Worldwide Corp. from $81.00 to $72.00 and set a “market perform” rating for the company in a report on Friday. Zacks Investment Research cut Marriott Vacations Worldwide Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, September 28th. Credit Suisse Group AG reiterated a “buy” rating and set a $92.00 target price on shares of Marriott Vacations Worldwide Corp. in a report on Monday, September 12th. Stifel Nicolaus increased their target price on Marriott Vacations Worldwide Corp. from $84.00 to $88.00 and gave the stock a “buy” rating in a report on Wednesday, July 27th. Finally, Deutsche Bank AG restated a “hold” rating on shares of Marriott Vacations Worldwide Corp. in a research note on Sunday, June 26th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $81.67.

Earnings History and Estimates for Marriott Vacations Worldwide Corp. (NYSE:VAC)

Shares of Marriott Vacations Worldwide Corp. (NYSE:VAC) opened at 65.06 on Monday. Marriott Vacations Worldwide Corp. has a 52 week low of $45.95 and a 52 week high of $80.27. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 17.12 and a beta of 1.19. The firm’s 50-day moving average price is $73.28 and its 200-day moving average price is $68.52.

Marriott Vacations Worldwide Corp. (NYSE:VAC) last issued its quarterly earnings data on Thursday, October 13th. The company reported $0.96 earnings per share for the quarter, missing analysts’ consensus estimates of $1.15 by $0.19. Marriott Vacations Worldwide Corp. had a net margin of 6.68% and a return on equity of 13.10%. The business had revenue of $407 million for the quarter, compared to analyst estimates of $446.83 million. During the same quarter last year, the business earned $0.82 EPS. Marriott Vacations Worldwide Corp.’s revenue for the quarter was up .0% compared to the same quarter last year.

The company also recently announced a quarterly dividend, which was paid on Thursday, October 6th. Investors of record on Thursday, September 22nd were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, September 20th. This represents a $1.20 annualized dividend and a yield of 1.84%. Marriott Vacations Worldwide Corp.’s dividend payout ratio (DPR) is currently 29.20%.

In related news, VP Brian E. Miller sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, July 26th. The shares were sold at an average price of $78.66, for a total value of $314,640.00. Following the completion of the sale, the vice president now directly owns 18,771 shares in the company, valued at approximately $1,476,526.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.70% of the stock is currently owned by corporate insiders.

A number of large investors have recently modified their holdings of VAC. BlackRock Inc. increased its stake in shares of Marriott Vacations Worldwide Corp. by 106.9% in the first quarter. BlackRock Inc. now owns 2,032 shares of the company’s stock valued at $137,000 after buying an additional 1,050 shares during the period. Howe & Rusling Inc. increased its stake in shares of Marriott Vacations Worldwide Corp. by 3.8% in the second quarter. Howe & Rusling Inc. now owns 2,114 shares of the company’s stock valued at $145,000 after buying an additional 77 shares during the period. Virginia Retirement Systems ET AL purchased a new stake in shares of Marriott Vacations Worldwide Corp. during the second quarter valued at about $212,000. Teacher Retirement System of Texas increased its stake in shares of Marriott Vacations Worldwide Corp. by 6.3% in the second quarter. Teacher Retirement System of Texas now owns 3,423 shares of the company’s stock valued at $234,000 after buying an additional 203 shares during the period. Finally, Bayesian Capital Management LP purchased a new stake in shares of Marriott Vacations Worldwide Corp. during the first quarter valued at about $254,000. Institutional investors and hedge funds own 78.30% of the company’s stock.

Marriott Vacations Worldwide Corp. Company Profile

Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The Company is a developer, marketer and seller of vacation ownership and related products under The Ritz-Carlton Destination Club brand.

5 Day Chart for NYSE:VAC

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