Marriott Vacations Worldwide (NYSE:VAC) Given New $108.00 Price Target at Stifel Nicolaus

Marriott Vacations Worldwide (NYSE:VAC) had its price objective cut by equities research analysts at Stifel Nicolaus from $112.00 to $108.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 35.10% from the company’s current price.

A number of other research analysts also recently issued reports on VAC. Mizuho boosted their price objective on shares of Marriott Vacations Worldwide from $117.00 to $120.00 and gave the company an “outperform” rating in a research report on Tuesday. Barclays upgraded shares of Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $97.00 to $116.00 in a research report on Friday, December 13th. The Goldman Sachs Group raised their price objective on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a “sell” rating in a report on Tuesday, December 10th. StockNews.com upgraded Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Friday, November 8th. Finally, Truist Financial raised their target price on Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Marriott Vacations Worldwide currently has a consensus rating of “Hold” and an average target price of $105.38.

Marriott Vacations Worldwide Trading Down 6.4 %

Shares of Marriott Vacations Worldwide stock traded down $5.44 during trading on Thursday, reaching $79.94. 264,111 shares of the stock were exchanged, compared to its average volume of 392,604. Marriott Vacations Worldwide has a 1 year low of $67.28 and a 1 year high of $108.57. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 15.23, a price-to-earnings-growth ratio of 0.67 and a beta of 1.83. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19. The stock’s fifty day moving average is $86.87 and its 200 day moving average is $83.05.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings data on Wednesday, February 26th. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.35. Marriott Vacations Worldwide had a return on equity of 10.89% and a net margin of 4.20%. The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.24 billion. As a group, equities research analysts expect that Marriott Vacations Worldwide will post 6.23 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. increased its holdings in shares of Marriott Vacations Worldwide by 130.7% during the fourth quarter. Blue Trust Inc. now owns 533 shares of the company’s stock valued at $48,000 after acquiring an additional 302 shares in the last quarter. New South Capital Management Inc. increased its stake in Marriott Vacations Worldwide by 6.6% during the 3rd quarter. New South Capital Management Inc. now owns 364,394 shares of the company’s stock valued at $26,776,000 after purchasing an additional 22,672 shares in the last quarter. State of New Jersey Common Pension Fund D raised its holdings in Marriott Vacations Worldwide by 36.0% in the third quarter. State of New Jersey Common Pension Fund D now owns 27,094 shares of the company’s stock worth $1,991,000 after buying an additional 7,174 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Marriott Vacations Worldwide in the third quarter worth approximately $348,000. Finally, Hotchkis & Wiley Capital Management LLC grew its holdings in shares of Marriott Vacations Worldwide by 18.0% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 1,102,774 shares of the company’s stock valued at $81,032,000 after buying an additional 168,130 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management.