Marriott Vacations Worldwide (NYSE:VAC) Upgraded at Barclays

Marriott Vacations Worldwide (NYSE:VAC) was upgraded by investment analysts at Barclays from an “equal weight” rating to an “overweight” rating in a report issued on Friday, Marketbeat.com 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 suggests a potential upside of 22.69% from the stock’s previous close.

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

Marriott Vacations Worldwide Trading Down 0.3 %

VAC stock opened at $94.55 on Friday. Marriott Vacations Worldwide has a 12-month low of $67.28 and a 12-month high of $108.57. The business’s 50-day moving average is $86.81 and its 200 day moving average is $82.14. The company has a current ratio of 3.53, a quick ratio of 2.86 and a debt-to-equity ratio of 2.19. The stock has a market cap of $3.30 billion, a price-to-earnings ratio of 18.01, a PEG ratio of 0.87 and a beta of 1.84.

Institutional Trading of Marriott Vacations Worldwide

Several hedge funds have recently made changes to their positions in the company. CWM LLC lifted its holdings in Marriott Vacations Worldwide by 331.7% in the second quarter. CWM LLC now owns 2,724 shares of the company’s stock valued at $238,000 after acquiring an additional 2,093 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of Marriott Vacations Worldwide by 226.9% during the 2nd quarter. SG Americas Securities LLC now owns 5,649 shares of the company’s stock worth $493,000 after purchasing an additional 3,921 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Marriott Vacations Worldwide by 11.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 5,963 shares of the company’s stock worth $521,000 after purchasing an additional 598 shares during the period. Shayne & Jacobs LLC raised its holdings in Marriott Vacations Worldwide by 4.2% in the 2nd quarter. Shayne & Jacobs LLC now owns 19,943 shares of the company’s stock valued at $1,741,000 after buying an additional 810 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its position in Marriott Vacations Worldwide by 128.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 652 shares of the company’s stock valued at $57,000 after buying an additional 366 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

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.