Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.
Other analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft upped their price objective on Marriott Vacations Worldwide from $92.00 to $119.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Wells Fargo & Company upped their target price on Marriott Vacations Worldwide from $68.00 to $101.00 and gave the company an “underweight” rating in a research report on Friday, August 7th. Weiss Ratings raised shares of Marriott Vacations Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday. Barclays raised their price objective on Marriott Vacations Worldwide from $94.00 to $140.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Morgan Stanley boosted their price target on shares of Marriott Vacations Worldwide from $51.00 to $52.00 and gave the company an “underweight” rating in a report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $97.80.
Get Our Latest Analysis on Marriott Vacations Worldwide
Marriott Vacations Worldwide Trading Up 1.9%
Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.34. The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the company earned $1.96 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. Research analysts forecast that Marriott Vacations Worldwide will post 8.89 earnings per share for the current fiscal year.
Institutional Trading of Marriott Vacations Worldwide
Several large investors have recently modified their holdings of VAC. Vanguard Group Inc. boosted its position in shares of Marriott Vacations Worldwide by 7.4% in the fourth quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company’s stock valued at $195,730,000 after acquiring an additional 234,105 shares during the period. Ananym Capital Management LP grew its stake in shares of Marriott Vacations Worldwide by 0.4% in the fourth quarter. Ananym Capital Management LP now owns 736,947 shares of the company’s stock worth $42,514,000 after acquiring an additional 3,200 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in Marriott Vacations Worldwide by 11.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 705,629 shares of the company’s stock worth $46,967,000 after acquiring an additional 69,652 shares during the period. Deprince Race & Zollo Inc. increased its position in Marriott Vacations Worldwide by 5.4% during the first quarter. Deprince Race & Zollo Inc. now owns 524,247 shares of the company’s stock worth $34,139,000 after acquiring an additional 26,824 shares during the period. Finally, Quantinno Capital Management LP raised its stake in Marriott Vacations Worldwide by 12.3% during the 1st quarter. Quantinno Capital Management LP now owns 474,037 shares of the company’s stock valued at $30,869,000 after purchasing an additional 52,007 shares during the last quarter. 89.52% of the stock is owned by institutional investors.
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.
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