ValuEngine upgraded shares of Marriott Vacations Worldwide (NYSE:VAC) from a hold rating to a buy rating in a research report sent to investors on Monday.

Several other analysts have also weighed in on VAC. Zacks Investment Research lowered shares of Marriott Vacations Worldwide from a hold rating to a sell rating in a research report on Saturday, January 6th. Nomura lifted their target price on shares of Marriott Vacations Worldwide from $151.00 to $160.00 and gave the company a buy rating in a research report on Friday, November 3rd. Instinet assumed coverage on shares of Marriott Vacations Worldwide in a research report on Wednesday, October 25th. They set a buy rating and a $151.00 target price on the stock. Finally, Macquarie assumed coverage on shares of Marriott Vacations Worldwide in a research report on Friday, January 5th. They set an outperform rating on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the stock. Marriott Vacations Worldwide presently has an average rating of Buy and a consensus target price of $133.22.

Shares of Marriott Vacations Worldwide (NYSE:VAC) opened at $136.05 on Monday. The company has a current ratio of 6.64, a quick ratio of 4.65 and a debt-to-equity ratio of 1.21. Marriott Vacations Worldwide has a 12-month low of $87.56 and a 12-month high of $154.14. The firm has a market cap of $3,650.00, a PE ratio of 22.41 and a beta of 1.25.

In related news, COO R. Lee Cunningham sold 9,000 shares of Marriott Vacations Worldwide stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $135.02, for a total transaction of $1,215,180.00. Following the completion of the transaction, the chief operating officer now directly owns 19,356 shares of the company’s stock, valued at approximately $2,613,447.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Michael E. Yonker sold 2,500 shares of Marriott Vacations Worldwide stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $134.43, for a total transaction of $336,075.00. Following the transaction, the vice president now directly owns 3,128 shares of the company’s stock, valued at $420,497.04. The disclosure for this sale can be found here. Insiders have sold a total of 15,554 shares of company stock valued at $2,113,261 over the last three months. 3.30% of the stock is currently owned by insiders.

A number of hedge funds have recently made changes to their positions in VAC. JPMorgan Chase & Co. lifted its holdings in Marriott Vacations Worldwide by 7.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,170 shares of the company’s stock valued at $138,000 after purchasing an additional 77 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Marriott Vacations Worldwide by 56.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,205 shares of the company’s stock valued at $163,000 after purchasing an additional 435 shares during the last quarter. M&T Bank Corp bought a new position in Marriott Vacations Worldwide during the 2nd quarter valued at about $204,000. Capital Investment Advisors LLC bought a new position in Marriott Vacations Worldwide during the 4th quarter valued at about $206,000. Finally, Godsey & Gibb Associates bought a new position in Marriott Vacations Worldwide during the 4th quarter valued at about $208,000. 73.97% of the stock is owned by hedge funds and other institutional investors.

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Marriott Vacations Worldwide Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Marriott Vacations Worldwide (NYSE:VAC)

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