Marriott Vacations Worldwide (NYSE:VAC) had its price objective upped by Credit Suisse Group from $124.00 to $132.00 in a report published on Wednesday morning, Stock Target Advisor reports. They currently have an outperform rating on the stock.

VAC has been the topic of several other reports. JPMorgan Chase & Co. cut their target price on shares of Marriott Vacations Worldwide from $118.00 to $117.00 and set an overweight rating on the stock in a research note on Monday, October 7th. Deutsche Bank reaffirmed a hold rating and set a $107.00 target price on shares of Marriott Vacations Worldwide in a research note on Sunday, October 6th. SunTrust Banks upped their target price on shares of Marriott Vacations Worldwide to $155.00 and gave the stock a buy rating in a research note on Wednesday. Nomura set a $136.00 target price on shares of Marriott Vacations Worldwide and gave the stock a buy rating in a research note on Wednesday, October 9th. Finally, ValuEngine raised shares of Marriott Vacations Worldwide from a strong sell rating to a sell rating in a research note on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $126.50.

Shares of Marriott Vacations Worldwide stock traded down $0.54 on Wednesday, reaching $117.69. The company had a trading volume of 224,241 shares, compared to its average volume of 381,816. The firm’s 50 day moving average price is $107.78 and its two-hundred day moving average price is $100.03. The firm has a market cap of $5.04 billion, a PE ratio of 20.02, a PEG ratio of 1.63 and a beta of 1.70. Marriott Vacations Worldwide has a 52-week low of $60.67 and a 52-week high of $120.61. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.62 and a current ratio of 3.41.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings results on Monday, November 4th. The company reported $1.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.04 by ($0.07). Marriott Vacations Worldwide had a net margin of 2.50% and a return on equity of 9.34%. The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same period last year, the firm posted $1.42 earnings per share. Marriott Vacations Worldwide’s revenue was up 51.9% on a year-over-year basis. As a group, sell-side analysts predict that Marriott Vacations Worldwide will post 7.94 EPS for the current year.

In other Marriott Vacations Worldwide news, COO R. Lee Cunningham sold 2,226 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $107.37, for a total transaction of $239,005.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas J. Hutchison III sold 984 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $107.71, for a total transaction of $105,986.64. Following the transaction, the director now owns 20,449 shares of the company’s stock, valued at approximately $2,202,561.79. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 10,084 shares of company stock worth $1,109,736. 2.30% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Marriott Vacations Worldwide by 4.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,696 shares of the company’s stock worth $279,000 after acquiring an additional 110 shares in the last quarter. First Hawaiian Bank boosted its holdings in shares of Marriott Vacations Worldwide by 1.2% in the 3rd quarter. First Hawaiian Bank now owns 9,749 shares of the company’s stock valued at $1,010,000 after buying an additional 113 shares in the last quarter. Asset Planning Services Ltd. boosted its holdings in shares of Marriott Vacations Worldwide by 11.8% in the 2nd quarter. Asset Planning Services Ltd. now owns 1,190 shares of the company’s stock valued at $115,000 after buying an additional 126 shares in the last quarter. Whittier Trust Co. boosted its holdings in shares of Marriott Vacations Worldwide by 59.1% in the 3rd quarter. Whittier Trust Co. now owns 342 shares of the company’s stock valued at $35,000 after buying an additional 127 shares in the last quarter. Finally, Aperio Group LLC boosted its holdings in shares of Marriott Vacations Worldwide by 1.0% in the 2nd quarter. Aperio Group LLC now owns 13,589 shares of the company’s stock valued at $1,310,000 after buying an additional 132 shares in the last quarter. Institutional investors own 81.19% of the company’s stock.

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, Sheraton, Westin, Hyatt Residence Club brands, and Marriott Vacation Club Pulse brands. The company operates through two segments, Vacation Ownership and Exchange & Third-Party Management.

Further Reading: Price to Earnings Ratio (PE) Basics

Analyst Recommendations for Marriott Vacations Worldwide (NYSE:VAC)

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