Marriott Vacations Worldwide Corp (NYSE:VAC) – Equities researchers at Jefferies Financial Group upped their Q4 2021 EPS estimates for shares of Marriott Vacations Worldwide in a research note issued on Thursday, July 9th. Jefferies Financial Group analyst D. Katz now forecasts that the company will post earnings of $2.29 per share for the quarter, up from their previous forecast of $2.24.

A number of other research firms have also weighed in on VAC. Credit Suisse Group assumed coverage on Marriott Vacations Worldwide in a research report on Thursday, May 21st. They set a “buy” rating and a $100.00 price objective for the company. SunTrust Banks reduced their price objective on shares of Marriott Vacations Worldwide from $118.00 to $114.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Deutsche Bank dropped their target price on shares of Marriott Vacations Worldwide from $119.00 to $65.00 in a research note on Thursday, April 16th. Stifel Nicolaus raised their price target on shares of Marriott Vacations Worldwide from $94.00 to $100.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th. Finally, JPMorgan Chase & Co. decreased their price target on Marriott Vacations Worldwide from $124.00 to $93.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $102.43.

Shares of VAC stock opened at $84.08 on Monday. Marriott Vacations Worldwide has a 12 month low of $30.10 and a 12 month high of $131.27. The stock has a market cap of $3.51 billion, a PE ratio of 2,102.00 and a beta of 2.44. The company’s fifty day moving average price is $88.44 and its 200-day moving average price is $94.26. The company has a current ratio of 3.49, a quick ratio of 2.85 and a debt-to-equity ratio of 1.70.

Marriott Vacations Worldwide (NYSE:VAC) last released its earnings results on Friday, May 22nd. The company reported $1.71 EPS for the quarter, missing the Zacks’ consensus estimate of $2.15 by ($0.44). The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $995.60 million. Marriott Vacations Worldwide had a net margin of 0.18% and a return on equity of 11.55%.

In other news, CAO Laurie A. Sullivan sold 1,390 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $97.77, for a total transaction of $135,900.30. Following the completion of the sale, the chief accounting officer now owns 4,867 shares of the company’s stock, valued at approximately $475,846.59. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.20% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP lifted its holdings in Marriott Vacations Worldwide by 43.6% during the first quarter. First Trust Advisors LP now owns 10,028 shares of the company’s stock valued at $938,000 after purchasing an additional 3,045 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Marriott Vacations Worldwide by 8.7% during the 4th quarter. Victory Capital Management Inc. now owns 203,107 shares of the company’s stock valued at $26,152,000 after purchasing an additional 16,331 shares during the period. Great West Life Assurance Co. Can purchased a new position in shares of Marriott Vacations Worldwide during the 4th quarter valued at $2,322,000. ProShare Advisors LLC boosted its holdings in Marriott Vacations Worldwide by 12.5% in the 4th quarter. ProShare Advisors LLC now owns 8,955 shares of the company’s stock worth $1,153,000 after buying an additional 992 shares during the period. Finally, Raymond James & Associates increased its stake in Marriott Vacations Worldwide by 6.7% in the 4th quarter. Raymond James & Associates now owns 34,502 shares of the company’s stock worth $4,443,000 after buying an additional 2,152 shares in the last quarter. 80.25% of the stock is owned by institutional investors.

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.

Featured Article: Fundamental Analysis and Choosing Stocks

Earnings History and Estimates for Marriott Vacations Worldwide (NYSE:VAC)

Receive News & Ratings for Marriott Vacations Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott Vacations Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.