Shares of Marriott Vacations Worldwide Corp (NYSE:VAC) have received a consensus recommendation of “Buy” from the thirteen brokerages that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $143.80.

A number of equities research analysts have recently issued reports on the stock. SunTrust Banks raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating in a research report on Monday, April 30th. ValuEngine cut shares of Marriott Vacations Worldwide from a “buy” rating to a “hold” rating in a research report on Tuesday, May 1st. Janney Montgomery Scott reissued a “buy” rating and issued a $122.61 target price on shares of Marriott Vacations Worldwide in a research report on Tuesday, May 1st. Wolfe Research assumed coverage on shares of Marriott Vacations Worldwide in a research report on Friday, June 8th. They issued an “outperform” rating for the company. Finally, Deutsche Bank reduced their target price on shares of Marriott Vacations Worldwide from $139.00 to $130.00 and set a “hold” rating for the company in a research report on Friday, May 4th.

In related news, CEO Stephen P. Weisz purchased 3,500 shares of the company’s stock in a transaction that occurred on Thursday, June 28th. The stock was acquired at an average price of $108.43 per share, with a total value of $379,505.00. Following the completion of the purchase, the chief executive officer now directly owns 180,017 shares in the company, valued at $19,519,243.31. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stephen P. Weisz purchased 4,058 shares of the company’s stock in a transaction that occurred on Friday, June 15th. The stock was bought at an average cost of $117.86 per share, with a total value of $478,275.88. The disclosure for this purchase can be found here. 3.50% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of VAC. Ladenburg Thalmann Financial Services Inc. raised its stake in Marriott Vacations Worldwide by 42.0% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,231 shares of the company’s stock worth $166,000 after acquiring an additional 364 shares in the last quarter. Piedmont Investment Advisors LLC increased its stake in shares of Marriott Vacations Worldwide by 8.4% in the second quarter. Piedmont Investment Advisors LLC now owns 5,472 shares of the company’s stock valued at $618,000 after buying an additional 425 shares during the period. Smith Asset Management Group LP increased its stake in shares of Marriott Vacations Worldwide by 10.9% in the second quarter. Smith Asset Management Group LP now owns 4,365 shares of the company’s stock valued at $493,000 after buying an additional 430 shares during the period. Crossmark Global Holdings Inc. increased its stake in shares of Marriott Vacations Worldwide by 7.9% in the second quarter. Crossmark Global Holdings Inc. now owns 6,025 shares of the company’s stock valued at $681,000 after buying an additional 440 shares during the period. Finally, Stifel Financial Corp increased its stake in shares of Marriott Vacations Worldwide by 18.4% in the first quarter. Stifel Financial Corp now owns 2,908 shares of the company’s stock valued at $389,000 after buying an additional 452 shares during the period. 72.60% of the stock is owned by institutional investors and hedge funds.

Marriott Vacations Worldwide traded down $0.54, reaching $117.19, during midday trading on Tuesday, MarketBeat reports. 147,196 shares of the company were exchanged, compared to its average volume of 293,847. The company has a debt-to-equity ratio of 1.25, a current ratio of 6.99 and a quick ratio of 5.17. Marriott Vacations Worldwide has a one year low of $107.17 and a one year high of $154.14. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of 19.79, a price-to-earnings-growth ratio of 1.69 and a beta of 1.38.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings data on Thursday, August 2nd. The company reported $1.59 EPS for the quarter, missing the Zacks’ consensus estimate of $1.84 by ($0.25). The company had revenue of $594.69 million for the quarter, compared to the consensus estimate of $595.15 million. Marriott Vacations Worldwide had a return on equity of 15.81% and a net margin of 9.16%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm earned $1.74 earnings per share. research analysts anticipate that Marriott Vacations Worldwide will post 6.97 EPS for the current fiscal year.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, and Marriott Vacation Club Pulse brands. It operates through three segments: North America, Asia Pacific, and Europe. The company also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand.

Further Reading: Understanding Price to Earnings Ratio (PE)

Analyst Recommendations for Marriott Vacations Worldwide (NYSE:VAC)

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