Marriott Vacations Worldwide Corp (NYSE:VAC) dropped 1.6% during mid-day trading on Monday . The stock traded as low as $68.41 and last traded at $68.54, with a volume of 310,354 shares. The stock had previously closed at $69.64.

VAC has been the topic of several research analyst reports. Zacks Investment Research cut shares of Marriott Vacations Worldwide Corp from a “buy” rating to a “hold” rating in a research report on Saturday, April 2nd. MKM Partners raised their target price on shares of Marriott Vacations Worldwide Corp from $77.00 to $79.00 and gave the stock a “buy” rating in a research report on Friday, April 29th. Credit Suisse Group AG reissued a “buy” rating on shares of Marriott Vacations Worldwide Corp in a research report on Monday, May 23rd. Finally, Deutsche Bank AG reissued a “hold” rating on shares of Marriott Vacations Worldwide Corp in a research report on Sunday, June 26th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $71.75.

The firm has a market cap of $1.94 billion and a PE ratio of 19.01. The firm’s 50-day moving average price is $64.89 and its 200 day moving average price is $60.48.

Marriott Vacations Worldwide Corp (NYSE:VAC) last posted its quarterly earnings data on Thursday, April 28th. The company reported $0.87 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.96 by $0.09. The business earned $425.04 million during the quarter, compared to analysts’ expectations of $437.97 million. During the same quarter in the previous year, the firm posted $0.85 EPS. The company’s revenue for the quarter was down 6.6% on a year-over-year basis. Equities analysts predict that Marriott Vacations Worldwide Corp will post $4.51 EPS for the current year.

A number of hedge funds recently bought and sold shares of the company. Matarin Capital Management LLC bought a new stake in Marriott Vacations Worldwide Corp during the fourth quarter valued at about $6,270,000. Fiduciary Management Associates LLC increased its stake in Marriott Vacations Worldwide Corp by 26.4% in the fourth quarter. Fiduciary Management Associates LLC now owns 376,200 shares of the company’s stock valued at $21,427,000 after buying an additional 78,510 shares during the last quarter. Marshall Wace LLP bought a new stake in Marriott Vacations Worldwide Corp during the fourth quarter valued at about $3,617,000. Morgan Stanley increased its stake in Marriott Vacations Worldwide Corp by 34.4% in the fourth quarter. Morgan Stanley now owns 165,949 shares of the company’s stock valued at $9,451,000 after buying an additional 42,486 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Marriott Vacations Worldwide Corp by 1.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,086,354 shares of the company’s stock valued at $118,818,000 after buying an additional 33,371 shares during the last quarter.

Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The Company is a developer, marketer and seller of vacation ownership and related products under The Ritz-Carlton Destination Club brand.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.