Several brokerages have updated their recommendations and price targets on shares of Marriot Vacations Worldwide Corporation (NYSE: VAC) in the last few weeks:

  • 8/9/2017 – Marriot Vacations Worldwide Corporation had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $112.00 price target on the stock, up previously from $92.00.
  • 8/8/2017 – Marriot Vacations Worldwide Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $129.00 price target on the stock. According to Zacks, “Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership resorts and vacation club, destination club and exchange programs, principally under the Marriott and Ritz-Carlton brands and trademarks. The Company generates most of its revenues from four primary sources: selling vacation ownership products, managing our resorts, financing consumer purchases of vacation ownership products and renting vacation ownership inventory. “
  • 8/4/2017 – Marriot Vacations Worldwide Corporation had its price target raised by analysts at Telsey Advisory Group from $113.00 to $120.00. They now have a “market perform” rating on the stock.
  • 8/1/2017 – Marriot Vacations Worldwide Corporation was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/16/2017 – Marriot Vacations Worldwide Corporation was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/13/2017 – Marriot Vacations Worldwide Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership resorts and vacation club, destination club and exchange programs, principally under the Marriott and Ritz-Carlton brands and trademarks. The Company generates most of its revenues from four primary sources: selling vacation ownership products, managing our resorts, financing consumer purchases of vacation ownership products and renting vacation ownership inventory. “
  • 7/6/2017 – Marriot Vacations Worldwide Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $130.00 price target on the stock. According to Zacks, “Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership resorts and vacation club, destination club and exchange programs, principally under the Marriott and Ritz-Carlton brands and trademarks. The Company generates most of its revenues from four primary sources: selling vacation ownership products, managing our resorts, financing consumer purchases of vacation ownership products and renting vacation ownership inventory. “
  • 6/23/2017 – Marriot Vacations Worldwide Corporation was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 6/21/2017 – Marriot Vacations Worldwide Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership resorts and vacation club, destination club and exchange programs, principally under the Marriott and Ritz-Carlton brands and trademarks. The Company generates most of its revenues from four primary sources: selling vacation ownership products, managing our resorts, financing consumer purchases of vacation ownership products and renting vacation ownership inventory. “
  • 6/19/2017 – Marriot Vacations Worldwide Corporation is now covered by analysts at Buckingham Research. They set a “buy” rating and a $142.00 price target on the stock.
  • 6/13/2017 – Marriot Vacations Worldwide Corporation was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.

Marriot Vacations Worldwide Corporation (VAC) opened at 111.14 on Thursday. The stock has a market cap of $3.02 billion, a P/E ratio of 21.20 and a beta of 1.14. Marriot Vacations Worldwide Corporation has a 52 week low of $59.33 and a 52 week high of $128.25. The firm has a 50-day moving average price of $116.50 and a 200-day moving average price of $105.96.

Marriot Vacations Worldwide Corporation (NYSE:VAC) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $1.60 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.26 by $0.34. The company had revenue of $497.62 million during the quarter, compared to analysts’ expectations of $489.85 million. Marriot Vacations Worldwide Corporation had a return on equity of 16.96% and a net margin of 7.90%. Marriot Vacations Worldwide Corporation’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.08 EPS. On average, equities research analysts predict that Marriot Vacations Worldwide Corporation will post $5.50 EPS for the current year.

In related news, insider Laurie A. Sullivan sold 1,407 shares of Marriot Vacations Worldwide Corporation stock in a transaction dated Monday, June 26th. The stock was sold at an average price of $121.04, for a total transaction of $170,303.28. Following the completion of the transaction, the insider now owns 100 shares in the company, valued at $12,104. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Brian E. Miller sold 10,500 shares of Marriot Vacations Worldwide Corporation stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $114.61, for a total value of $1,203,405.00. Following the transaction, the vice president now owns 12,058 shares of the company’s stock, valued at approximately $1,381,967.38. The disclosure for this sale can be found here. Insiders have sold 53,361 shares of company stock valued at $6,313,822 in the last quarter. 3.30% of the stock is currently owned by corporate insiders.

Marriott Vacations Worldwide Corporation focuses on vacation ownership, based on number of owners, number of resorts and revenues. The Company is an exclusive worldwide developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands.

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