A number of research firms have changed their ratings and price targets for Marriott Vacations Worldwide (NYSE: VAC):

  • 11/17/2018 – Marriott Vacations Worldwide was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” 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. “
  • 11/15/2018 – Marriott Vacations Worldwide was downgraded by analysts at Macquarie from an “outperform” rating to a “neutral” rating.
  • 10/31/2018 – Marriott Vacations Worldwide was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $95.00 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. “
  • 10/30/2018 – Marriott Vacations Worldwide 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. “
  • 10/23/2018 – Marriott Vacations Worldwide was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $101.00 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. “
  • 10/19/2018 – Marriott Vacations Worldwide 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. “
  • 10/17/2018 – Marriott Vacations Worldwide was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $105.00 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. “
  • 10/8/2018 – Marriott Vacations Worldwide was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 9/21/2018 – Marriott Vacations Worldwide was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.

Shares of NYSE:VAC traded down $0.02 on Monday, hitting $76.59. The company’s stock had a trading volume of 709,906 shares, compared to its average volume of 433,879. Marriott Vacations Worldwide Corp has a 1 year low of $72.10 and a 1 year high of $154.14. The stock has a market cap of $3.60 billion, a P/E ratio of 13.25, a PEG ratio of 1.31 and a beta of 1.54. The company has a quick ratio of 3.00, a current ratio of 3.83 and a debt-to-equity ratio of 1.11.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings results on Wednesday, November 7th. The company reported $1.42 earnings per share for the quarter, missing the consensus estimate of $1.76 by ($0.34). Marriott Vacations Worldwide had a net margin of 4.04% and a return on equity of 10.28%. The business had revenue of $750.00 million during the quarter, compared to analysts’ expectations of $717.48 million. During the same period in the previous year, the business earned $1.39 EPS. The business’s revenue was up 41.5% on a year-over-year basis. On average, equities research analysts expect that Marriott Vacations Worldwide Corp will post 5.86 EPS for the current fiscal year.

In other news, VP John E. Geller, Jr. acquired 6,000 shares of the firm’s stock in a transaction that occurred on Monday, November 12th. The shares were bought at an average cost of $76.73 per share, with a total value of $460,380.00. Following the acquisition, the vice president now owns 79,165 shares in the company, valued at approximately $6,074,330.45. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stephen P. Weisz acquired 2,355 shares of the firm’s stock in a transaction that occurred on Friday, November 9th. The shares were purchased at an average cost of $81.22 per share, for a total transaction of $191,273.10. Following the completion of the acquisition, the chief executive officer now owns 186,352 shares in the company, valued at approximately $15,135,509.44. The disclosure for this purchase can be found here. Company insiders own 3.50% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in VAC. Itau Unibanco Holding S.A. purchased a new position in shares of Marriott Vacations Worldwide during the 2nd quarter valued at about $108,000. Macquarie Group Ltd. raised its holdings in shares of Marriott Vacations Worldwide by 266.7% during the 2nd quarter. Macquarie Group Ltd. now owns 1,100 shares of the company’s stock valued at $124,000 after buying an additional 800 shares in the last quarter. Moneta Group Investment Advisors LLC purchased a new position in shares of Marriott Vacations Worldwide during the 2nd quarter valued at about $132,000. Cerebellum GP LLC purchased a new position in shares of Marriott Vacations Worldwide during the 3rd quarter valued at about $151,000. Finally, First Republic Investment Management Inc. purchased a new position in shares of Marriott Vacations Worldwide during the 3rd quarter valued at about $203,000.

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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