Marriott Vacations Worldwide (NYSE:VAC) Trading Down 5.4%

Shares of Marriott Vacations Worldwide Co. (NYSE:VAC) fell 5.4% on Wednesday . The company traded as low as $83.12 and last traded at $83.13. 56,792 shares were traded during trading, a decline of 88% from the average session volume of 478,435 shares. The stock had previously closed at $87.90.

Wall Street Analyst Weigh In

VAC has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft lifted their price objective on Marriott Vacations Worldwide from $116.00 to $121.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th. Stifel Nicolaus lifted their price objective on Marriott Vacations Worldwide from $115.00 to $117.00 and gave the stock a “buy” rating in a research note on Tuesday, May 7th. StockNews.com cut Marriott Vacations Worldwide from a “hold” rating to a “sell” rating in a research note on Friday, July 19th. Mizuho decreased their price objective on Marriott Vacations Worldwide from $128.00 to $126.00 and set a “buy” rating for the company in a research note on Friday, June 14th. Finally, Barclays lifted their price objective on Marriott Vacations Worldwide from $102.00 to $106.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 8th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $112.00.

Marriott Vacations Worldwide Stock Up 4.7 %

The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 15.78, a P/E/G ratio of 0.61 and a beta of 1.81. The company has a debt-to-equity ratio of 2.22, a current ratio of 3.12 and a quick ratio of 2.62. The stock has a 50-day moving average of $87.76 and a 200-day moving average of $91.82.

Marriott Vacations Worldwide (NYSE:VAC) last issued its earnings results on Monday, May 6th. The company reported $1.80 earnings per share for the quarter, beating analysts’ consensus estimates of $1.66 by $0.14. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.17 billion. Marriott Vacations Worldwide had a return on equity of 11.77% and a net margin of 4.50%. The company’s revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.54 EPS. Sell-side analysts predict that Marriott Vacations Worldwide Co. will post 7.6 EPS for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 6th. Shareholders of record on Thursday, May 23rd were issued a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date was Wednesday, May 22nd. Marriott Vacations Worldwide’s dividend payout ratio is presently 56.19%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. SG Americas Securities LLC acquired a new position in Marriott Vacations Worldwide during the 4th quarter worth about $212,000. Pacer Advisors Inc. lifted its holdings in Marriott Vacations Worldwide by 75.7% during the 4th quarter. Pacer Advisors Inc. now owns 4,954 shares of the company’s stock worth $421,000 after buying an additional 2,135 shares during the period. Altfest L J & Co. Inc. acquired a new position in Marriott Vacations Worldwide during the 4th quarter worth about $391,000. Manning & Napier Group LLC lifted its holdings in Marriott Vacations Worldwide by 70.4% during the 4th quarter. Manning & Napier Group LLC now owns 44,167 shares of the company’s stock worth $3,749,000 after buying an additional 18,255 shares during the period. Finally, Pallas Capital Advisors LLC acquired a new position in shares of Marriott Vacations Worldwide in the 4th quarter valued at about $3,920,000. 89.52% of the stock is currently owned by institutional investors.

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.