Marriott Vacations Worldwide (NYSE:VAC) Cut to “Sell” at Wall Street Zen

by · The Markets Daily

Wall Street Zen downgraded shares of Marriott Vacations Worldwide (NYSE:VAC – Free Report) from a hold rating to a sell rating in a report published on Saturday.

Other research analysts have also issued reports about the stock. Mizuho lowered shares of Marriott Vacations Worldwide from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $85.00 to $58.00 in a research note on Tuesday, November 11th. Truist Financial cut their price target 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. Morgan Stanley reaffirmed an “underweight” rating and set a $52.00 price objective (down from $70.00) on shares of Marriott Vacations Worldwide in a research report on Friday. Stifel Nicolaus set a $83.00 price target on Marriott Vacations Worldwide in a research report on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Marriott Vacations Worldwide in a report on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $61.13.

Get Our Latest Analysis on VAC

Marriott Vacations Worldwide Price Performance

VAC stock opened at $59.90 on Friday. The company’s 50-day moving average price is $56.06 and its two-hundred day moving average price is $67.29. The firm has a market cap of $2.07 billion, a P/E ratio of 13.43, a P/E/G ratio of 1.27 and a beta of 1.35. The company has a quick ratio of 3.22, a current ratio of 3.87 and a debt-to-equity ratio of 2.29. Marriott Vacations Worldwide has a 12 month low of $44.58 and a 12 month high of $91.18.

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

Marriott Vacations Worldwide Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 24th were given a dividend of $0.80 per share. This is a boost from Marriott Vacations Worldwide’s previous quarterly dividend of $0.79. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a $3.20 dividend on an annualized basis and a yield of 5.3%. Marriott Vacations Worldwide’s dividend payout ratio is presently 71.75%.

Insider Transactions at Marriott Vacations Worldwide

In related news, Director Dianna Morgan purchased 500 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were acquired at an average cost of $51.22 per share, for a total transaction of $25,610.00. Following the acquisition, the director owned 23,094 shares of the company’s stock, valued at $1,182,874.68. The trade was a 2.21% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Lizanne Galbreath acquired 5,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The shares were bought at an average price of $46.51 per share, with a total value of $255,805.00. Following the completion of the purchase, the director directly owned 25,714 shares in the company, valued at $1,195,958.14. The trade was a 27.21% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 96,209 shares of company stock valued at $4,573,353 over the last three months. 1.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Marriott Vacations Worldwide

Several hedge funds have recently modified their holdings of VAC. Ameritas Advisory Services LLC purchased a new position in shares of Marriott Vacations Worldwide in the 2nd quarter worth approximately $25,000. Pinnacle Bancorp Inc. acquired a new stake in Marriott Vacations Worldwide in the third quarter valued at approximately $25,000. Advisory Services Network LLC purchased a new position in Marriott Vacations Worldwide in the third quarter worth $27,000. Hantz Financial Services Inc. increased its position in shares of Marriott Vacations Worldwide by 627.8% during the second quarter. Hantz Financial Services Inc. now owns 393 shares of the company’s stock worth $28,000 after purchasing an additional 339 shares in the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of Marriott Vacations Worldwide by 90.6% during the 2nd quarter. Assetmark Inc. now owns 427 shares of the company’s stock valued at $31,000 after purchasing an additional 203 shares during the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

About Marriott Vacations Worldwide

(Get Free Report)

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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