Marriott Vacations Worldwide (NYSE:VAC) Raised to Hold at Wall Street Zen

Marriott Vacations Worldwide (NYSE:VAC) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Sunday.

VAC has been the topic of a number of other research reports. Citizens Jmp reduced their price objective on Marriott Vacations Worldwide from $115.00 to $60.00 and set a “market outperform” rating on the stock in a research report on Friday, November 7th. Morgan Stanley set a $70.00 price target on Marriott Vacations Worldwide in a research note on Wednesday, October 22nd. Stifel Nicolaus set a $83.00 price objective on Marriott Vacations Worldwide in a research note on Thursday, November 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Marriott Vacations Worldwide in a report on Monday, December 15th. Finally, Truist Financial reduced their target price on shares of Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating on the stock in a report on Friday, November 14th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $63.38.

Marriott Vacations Worldwide Trading Up 2.7%

Shares of Marriott Vacations Worldwide stock opened at $59.34 on Friday. The firm’s 50 day moving average is $57.90 and its 200 day moving average is $68.69. The firm has a market capitalization of $2.05 billion, a PE ratio of 13.31, a price-to-earnings-growth ratio of 1.26 and a beta of 1.37. Marriott Vacations Worldwide has a 1 year low of $44.58 and a 1 year high of $92.19. The company has a current ratio of 3.87, a quick ratio of 3.22 and a debt-to-equity ratio of 2.29.

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

Insider Buying and Selling at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, Director Christian Asmar acquired 84,000 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were bought at an average cost of $47.44 per share, with a total value of $3,984,960.00. Following the purchase, the director directly owned 4,130,340 shares of the company’s stock, valued at $195,943,329.60. This trade represents a 2.08% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dianna Morgan bought 500 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were acquired at an average price of $51.22 per share, for a total transaction of $25,610.00. Following the transaction, the director owned 23,094 shares in the company, valued at $1,182,874.68. This represents a 2.21% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 96,100 shares of company stock valued at $4,566,692 over the last three months. 1.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Several institutional investors have recently added to or reduced their stakes in the business. Nuveen LLC acquired a new stake in shares of Marriott Vacations Worldwide during the 1st quarter worth approximately $4,493,000. Northern Trust Corp boosted its stake in Marriott Vacations Worldwide by 1.9% during the first quarter. Northern Trust Corp now owns 329,952 shares of the company’s stock worth $21,196,000 after acquiring an additional 6,182 shares in the last quarter. Hsbc Holdings PLC boosted its stake in Marriott Vacations Worldwide by 94.2% during the first quarter. Hsbc Holdings PLC now owns 16,895 shares of the company’s stock worth $1,081,000 after acquiring an additional 8,196 shares in the last quarter. AlphaQuest LLC grew its holdings in Marriott Vacations Worldwide by 63.9% in the first quarter. AlphaQuest LLC now owns 4,439 shares of the company’s stock worth $285,000 after purchasing an additional 1,730 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new stake in Marriott Vacations Worldwide in the first quarter valued at $3,185,000. 89.52% of the stock is owned by institutional investors and hedge funds.

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.