Marriott Vacations Worldwide (NYSE:VAC) Upgraded at Barclays

Marriott Vacations Worldwide (NYSE:VAC) was upgraded by equities research analysts at Barclays from an “equal weight” rating to an “overweight” rating in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a $116.00 price target on the stock, up from their prior price target of $97.00. Barclays‘s target price points to a potential upside of 22.20% from the stock’s current price.

A number of other research firms have also commented on VAC. StockNews.com upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. Stifel Nicolaus lifted their price target on Marriott Vacations Worldwide from $102.00 to $112.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Mizuho upped their price objective on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. Truist Financial raised their price objective on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Finally, The Goldman Sachs Group increased their target price on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a “sell” rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $106.22.

Marriott Vacations Worldwide Stock Performance

Shares of VAC opened at $94.93 on Friday. The firm has a market capitalization of $3.31 billion, a PE ratio of 18.08, a P/E/G ratio of 0.87 and a beta of 1.84. 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 firm has a 50-day moving average price of $86.45 and a 200 day moving average price of $82.21. Marriott Vacations Worldwide has a 52-week low of $67.28 and a 52-week high of $108.57.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Tidal Investments LLC grew its position in Marriott Vacations Worldwide by 6.1% during the third quarter. Tidal Investments LLC now owns 8,098 shares of the company’s stock valued at $595,000 after purchasing an additional 464 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Marriott Vacations Worldwide during the 3rd quarter valued at $97,000. Sanctuary Advisors LLC purchased a new position in shares of Marriott Vacations Worldwide during the 3rd quarter valued at $348,000. Virtu Financial LLC acquired a new position in shares of Marriott Vacations Worldwide in the third quarter worth $245,000. Finally, Stifel Financial Corp increased its stake in shares of Marriott Vacations Worldwide by 3.4% in the third quarter. Stifel Financial Corp now owns 5,596 shares of the company’s stock worth $411,000 after acquiring an additional 184 shares during the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

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.