Marriott Vacations Worldwide (NYSE:VAC) Now Covered by Morgan Stanley

Investment analysts at Morgan Stanley assumed coverage on shares of Marriott Vacations Worldwide (NYSE:VAC) in a research note issued on Monday,Benzinga reports. The brokerage set an “underweight” rating and a $87.00 price target on the stock. Morgan Stanley’s price objective indicates a potential upside of 0.15% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Truist Financial boosted their target price on Marriott Vacations Worldwide from $139.00 to $142.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Stifel Nicolaus boosted their price objective on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. The Goldman Sachs Group lifted their price target on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the stock a “sell” rating in a research note on Tuesday, December 10th. StockNews.com upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. Finally, Mizuho lifted their target price on Marriott Vacations Worldwide from $110.00 to $117.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, Marriott Vacations Worldwide presently has a consensus rating of “Hold” and an average price target of $105.67.

Marriott Vacations Worldwide Stock Performance

NYSE:VAC opened at $86.87 on Monday. The firm has a market capitalization of $3.03 billion, a PE ratio of 16.55, a price-to-earnings-growth ratio of 0.86 and a beta of 1.84. The company has a debt-to-equity ratio of 2.19, a current ratio of 3.53 and a quick ratio of 2.86. The business’s fifty day moving average price is $91.14 and its 200 day moving average price is $82.32. Marriott Vacations Worldwide has a 12 month low of $67.28 and a 12 month high of $108.57.

Institutional Trading of Marriott Vacations Worldwide

Hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC raised its stake in shares of Marriott Vacations Worldwide by 178.2% during the second quarter. AQR Capital Management LLC now owns 355,089 shares of the company’s stock worth $29,771,000 after purchasing an additional 227,465 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Marriott Vacations Worldwide by 14.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,599,789 shares of the company’s stock worth $139,687,000 after acquiring an additional 207,938 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Marriott Vacations Worldwide in the third quarter valued at about $14,983,000. Hotchkis & Wiley Capital Management LLC increased its stake in shares of 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 acquiring an additional 168,130 shares during the period. Finally, Van Berkom & Associates Inc. raised its holdings in Marriott Vacations Worldwide by 19.1% during the second quarter. Van Berkom & Associates Inc. now owns 722,164 shares of the company’s stock worth $63,059,000 after purchasing an additional 115,993 shares in the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Marriott Vacations Worldwide Company Profile

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.