Shares of Marriott Vacations Worldwide Corp (NYSE:VAC) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $91.74 and last traded at $91.85, with a volume of 9561 shares changing hands. The stock had previously closed at $94.69.

A number of analysts have recently issued reports on the stock. ValuEngine downgraded shares of Marriott Vacations Worldwide from a “hold” rating to a “sell” rating in a report on Wednesday, September 12th. Stifel Nicolaus lowered their price objective on shares of Marriott Vacations Worldwide from $160.00 to $147.00 and set a “buy” rating on the stock in a report on Wednesday, June 20th. Zacks Investment Research upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Thursday, September 13th. Nomura set a $158.00 price objective on shares of Marriott Vacations Worldwide and gave the company a “buy” rating in a report on Thursday, August 23rd. Finally, Jefferies Financial Group assumed coverage on shares of Marriott Vacations Worldwide in a report on Monday, July 16th. They issued a “buy” rating and a $150.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $139.85.

The firm has a market capitalization of $2.97 billion, a price-to-earnings ratio of 16.16, a price-to-earnings-growth ratio of 1.56 and a beta of 1.41. The company has a current ratio of 6.99, a quick ratio of 5.17 and a debt-to-equity ratio of 1.25.

Marriott Vacations Worldwide (NYSE:VAC) last issued its earnings results on Thursday, August 2nd. The company reported $1.59 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.84 by ($0.25). The firm had revenue of $594.69 million for the quarter, compared to analyst estimates of $595.15 million. Marriott Vacations Worldwide had a return on equity of 15.81% and a net margin of 9.16%. Marriott Vacations Worldwide’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.74 earnings per share. Equities research analysts forecast that Marriott Vacations Worldwide Corp will post 7.18 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, October 4th. Investors of record on Thursday, September 20th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, September 19th. This represents a $1.60 dividend on an annualized basis and a yield of 1.75%. Marriott Vacations Worldwide’s payout ratio is 27.68%.

A number of institutional investors and hedge funds have recently modified their holdings of VAC. Piedmont Investment Advisors LLC increased its holdings in shares of Marriott Vacations Worldwide by 8.4% in the second quarter. Piedmont Investment Advisors LLC now owns 5,472 shares of the company’s stock valued at $618,000 after purchasing an additional 425 shares during the last quarter. Smith Asset Management Group LP increased its holdings in shares of Marriott Vacations Worldwide by 10.9% in the second quarter. Smith Asset Management Group LP now owns 4,365 shares of the company’s stock valued at $493,000 after purchasing an additional 430 shares during the last quarter. Crossmark Global Holdings Inc. boosted its position in shares of Marriott Vacations Worldwide by 7.9% in the second quarter. Crossmark Global Holdings Inc. now owns 6,025 shares of the company’s stock valued at $681,000 after acquiring an additional 440 shares during the period. Stifel Financial Corp boosted its position in shares of Marriott Vacations Worldwide by 18.4% in the first quarter. Stifel Financial Corp now owns 2,908 shares of the company’s stock valued at $389,000 after acquiring an additional 452 shares during the period. Finally, Sei Investments Co. boosted its position in shares of Marriott Vacations Worldwide by 1.1% in the second quarter. Sei Investments Co. now owns 50,804 shares of the company’s stock valued at $5,739,000 after acquiring an additional 550 shares during the period. Institutional investors and hedge funds own 90.24% of the company’s stock.

About Marriott Vacations Worldwide (NYSE:VAC)

Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, and Marriott Vacation Club Pulse brands. It operates through three segments: North America, Asia Pacific, and Europe. The company also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand.

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