Shares of Marriott Vacations Worldwide Corp (NYSE:VAC) have been assigned an average recommendation of “Buy” from the twelve ratings firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $133.75.
Several research firms have commented on VAC. ValuEngine raised Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a research note on Monday, February 5th. Zacks Investment Research downgraded Marriott Vacations Worldwide from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th. Nomura increased their target price on Marriott Vacations Worldwide from $151.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, November 3rd. Instinet initiated coverage on Marriott Vacations Worldwide in a research note on Wednesday, October 25th. They set a “buy” rating and a $151.00 target price for the company. Finally, Macquarie initiated coverage on Marriott Vacations Worldwide in a research note on Friday, January 5th. They set an “outperform” rating for the company.
Marriott Vacations Worldwide (NYSE:VAC) traded down $1.91 on Tuesday, reaching $142.64. The company’s stock had a trading volume of 135,506 shares, compared to its average volume of 194,198. The company has a current ratio of 6.64, a quick ratio of 4.65 and a debt-to-equity ratio of 1.21. The stock has a market cap of $3,779.25, a P/E ratio of 23.54 and a beta of 1.25. Marriott Vacations Worldwide has a 12-month low of $88.71 and a 12-month high of $154.14.
Several institutional investors have recently modified their holdings of VAC. Valeo Financial Advisors LLC purchased a new position in shares of Marriott Vacations Worldwide during the 4th quarter worth $101,000. JPMorgan Chase & Co. grew its stake in Marriott Vacations Worldwide by 7.0% in the second quarter. JPMorgan Chase & Co. now owns 1,170 shares of the company’s stock worth $138,000 after purchasing an additional 77 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Marriott Vacations Worldwide by 56.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,205 shares of the company’s stock worth $163,000 after purchasing an additional 435 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its stake in Marriott Vacations Worldwide by 42.0% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,231 shares of the company’s stock worth $166,000 after purchasing an additional 364 shares in the last quarter. Finally, M&T Bank Corp acquired a new position in Marriott Vacations Worldwide in the second quarter worth about $204,000. 73.89% of the stock is currently owned by institutional investors.
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About Marriott Vacations Worldwide
Marriott Vacations Worldwide Corporation focuses on vacation ownership, based on number of owners, number of resorts and revenues. The Company is an exclusive worldwide developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands.
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