Marriott Vacations Worldwide (NYSE:VAC) Price Target Raised to $120.00

Marriott Vacations Worldwide (NYSE:VAC) had its price target increased by research analysts at Mizuho from $117.00 to $120.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Mizuho’s price target would suggest a potential upside of 38.25% from the company’s current price.

Several other analysts have also commented on the stock. Truist Financial increased their price target on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Barclays upgraded Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $97.00 to $116.00 in a report on Friday, December 13th. StockNews.com raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Friday, November 8th. The Goldman Sachs Group increased their price objective on Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a “sell” rating in a research note on Tuesday, December 10th. Finally, Stifel Nicolaus boosted their target price on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company. According to MarketBeat, Marriott Vacations Worldwide presently has a consensus rating of “Hold” and an average target price of $105.88.

Marriott Vacations Worldwide Price Performance

Marriott Vacations Worldwide stock opened at $86.80 on Tuesday. The firm has a market capitalization of $3.03 billion, a PE ratio of 16.53, a P/E/G ratio of 0.67 and a beta of 1.83. Marriott Vacations Worldwide has a 52 week low of $67.28 and a 52 week high of $108.57. The firm’s 50-day simple moving average is $87.11 and its 200 day simple moving average is $82.93. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19.

Institutional Trading of Marriott Vacations Worldwide

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its holdings in Marriott Vacations Worldwide by 6.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,883,197 shares of the company’s stock valued at $169,110,000 after acquiring an additional 116,854 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Marriott Vacations Worldwide by 5.7% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 1,378,561 shares of the company’s stock worth $123,795,000 after purchasing an additional 74,956 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Marriott Vacations Worldwide by 2.0% in the 4th quarter. Principal Financial Group Inc. now owns 1,181,961 shares of the company’s stock valued at $106,140,000 after purchasing an additional 23,380 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its holdings in shares of Marriott Vacations Worldwide by 18.0% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 1,102,774 shares of the company’s stock worth $81,032,000 after purchasing an additional 168,130 shares during the period. Finally, T. Rowe Price Investment Management Inc. increased its position in Marriott Vacations Worldwide by 0.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 778,684 shares of the company’s stock worth $69,926,000 after purchasing an additional 7,046 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management.