Marriott Vacations Worldwide Corporation (NYSE:VAC) Given Average Recommendation of “Hold” by Analysts

Marriott Vacations Worldwide Corporation (NYSE:VAC) has received a consensus rating of “Hold” from the nine ratings firms that are covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $61.1250.

A number of research firms recently issued reports on VAC. The Goldman Sachs Group decreased their price target on shares of Marriott Vacations Worldwide from $63.00 to $54.00 and set a “sell” rating for the company in a research note on Tuesday, November 11th. Weiss Ratings reissued a “sell (d+)” rating on shares of Marriott Vacations Worldwide in a research report on Monday, December 29th. Wall Street Zen cut Marriott Vacations Worldwide from a “hold” rating to a “sell” rating in a research note on Saturday. Barclays reduced their price target on Marriott Vacations Worldwide from $87.00 to $64.00 and set an “overweight” rating on the stock in a research note on Friday, November 7th. Finally, Citizens Jmp reduced their price target on Marriott Vacations Worldwide from $115.00 to $60.00 and set a “market outperform” rating on the stock in a research note on Friday, November 7th.

Marriott Vacations Worldwide Stock Performance

Marriott Vacations Worldwide stock opened at $59.90 on Tuesday. The company has a current ratio of 3.87, a quick ratio of 3.22 and a debt-to-equity ratio of 2.29. The firm has a market cap of $2.07 billion, a P/E ratio of 13.43, a P/E/G ratio of 1.27 and a beta of 1.35. Marriott Vacations Worldwide has a 1-year low of $44.58 and a 1-year high of $91.18. The firm has a 50-day moving average of $55.87 and a 200-day moving average of $67.51.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings results on Wednesday, November 5th. The company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.05. Marriott Vacations Worldwide had a net margin of 3.44% and a return on equity of 11.44%. The business had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter in the previous year, the business posted $1.80 earnings per share. The firm’s revenue for the quarter was down 3.2% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.700-7.100 EPS. Sell-side analysts expect that Marriott Vacations Worldwide will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 24th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 5.3%. The ex-dividend date was Wednesday, December 24th. This is a positive change from Marriott Vacations Worldwide’s previous quarterly dividend of $0.79. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is 71.75%.

Insider Activity at Marriott Vacations Worldwide

In other news, Director Christian Asmar bought 84,000 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were purchased at an average price of $47.44 per share, for a total transaction of $3,984,960.00. Following the completion of the purchase, the director owned 4,130,340 shares in the company, valued at approximately $195,943,329.60. This represents a 2.08% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director William W. Mccarten purchased 5,000 shares of the business’s stock in a transaction dated Thursday, November 20th. The shares were purchased at an average price of $48.08 per share, for a total transaction of $240,400.00. Following the acquisition, the director owned 13,708 shares of the company’s stock, valued at approximately $659,080.64. The trade was a 57.42% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 96,209 shares of company stock worth $4,573,353 over the last 90 days. 1.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of VAC. Arrowstreet Capital Limited Partnership lifted its position in Marriott Vacations Worldwide by 71.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 635,977 shares of the company’s stock valued at $45,987,000 after purchasing an additional 265,278 shares during the last quarter. Range Financial Group LLC bought a new position in shares of Marriott Vacations Worldwide in the 3rd quarter valued at about $1,291,000. Deprince Race & Zollo Inc. grew its position in Marriott Vacations Worldwide by 34.6% in the third quarter. Deprince Race & Zollo Inc. now owns 429,639 shares of the company’s stock worth $28,597,000 after acquiring an additional 110,469 shares in the last quarter. Capital Fund Management S.A. bought a new stake in Marriott Vacations Worldwide during the second quarter worth approximately $1,543,000. Finally, Norges Bank purchased a new stake in Marriott Vacations Worldwide during the second quarter valued at approximately $27,971,000. Hedge funds and other institutional investors own 89.52% of the company’s stock.

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.