Marriott Vacations Worldwide (NYSE:VAC) Stock Price Expected to Rise, Mizuho Analyst Says

Marriott Vacations Worldwide (NYSE:VAC) had its price objective lifted by Mizuho from $117.00 to $120.00 in a report issued on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Mizuho’s target price points to a potential upside of 38.25% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on the company. Stifel Nicolaus boosted their price objective on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Barclays upgraded shares of Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $97.00 to $116.00 in a research report on Friday, December 13th. Morgan Stanley started coverage on shares of Marriott Vacations Worldwide in a research report on Monday, January 6th. They set an “underweight” rating and a $87.00 price objective on the stock. StockNews.com raised shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Friday, November 8th. Finally, Truist Financial increased their target price on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Marriott Vacations Worldwide has a consensus rating of “Hold” and a consensus price target of $105.88.

Marriott Vacations Worldwide Stock Performance

Shares of VAC opened at $86.80 on Tuesday. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 16.53, a price-to-earnings-growth ratio of 0.67 and a beta of 1.83. Marriott Vacations Worldwide has a 52-week low of $67.28 and a 52-week high of $108.57. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19. The stock has a 50 day moving average price of $87.11 and a 200 day moving average price of $82.93.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Several institutional investors and hedge funds have recently added to or reduced their stakes in VAC. Dimensional Fund Advisors LP grew its holdings in Marriott Vacations Worldwide by 6.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,883,197 shares of the company’s stock worth $169,110,000 after acquiring an additional 116,854 shares during the period. Fuller & Thaler Asset Management Inc. lifted its stake in shares of Marriott Vacations Worldwide by 5.7% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 1,378,561 shares of the company’s stock valued at $123,795,000 after purchasing an additional 74,956 shares during the period. Principal Financial Group Inc. boosted its holdings in Marriott Vacations Worldwide by 2.0% during the fourth quarter. Principal Financial Group Inc. now owns 1,181,961 shares of the company’s stock worth $106,140,000 after buying an additional 23,380 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its position in Marriott Vacations Worldwide by 18.0% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 1,102,774 shares of the company’s stock worth $81,032,000 after buying an additional 168,130 shares during the period. Finally, T. Rowe Price Investment Management Inc. increased its holdings in Marriott Vacations Worldwide by 0.9% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 778,684 shares of the company’s stock valued at $69,926,000 after buying an additional 7,046 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management.