Marriott Vacations Worldwide Corp (NYSE:VAC) VP Brian E. Miller Sells 7,000 Shares

Marriott Vacations Worldwide Corp (NYSE:VAC) VP Brian E. Miller sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of $98.45, for a total transaction of $689,150.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

NYSE VAC traded up $1.11 during trading on Friday, hitting $98.43. The stock had a trading volume of 183,281 shares, compared to its average volume of 336,262. The business’s 50 day moving average is $95.46. The company has a debt-to-equity ratio of 1.16, a current ratio of 3.05 and a quick ratio of 2.32. The company has a market capitalization of $4.41 billion, a P/E ratio of 16.74, a PEG ratio of 1.42 and a beta of 1.66. Marriott Vacations Worldwide Corp has a twelve month low of $60.67 and a twelve month high of $126.84.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings data on Tuesday, May 7th. The company reported $1.45 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.69 by ($0.24). Marriott Vacations Worldwide had a net margin of 0.60% and a return on equity of 8.05%. The firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the prior year, the firm posted $1.39 EPS. Marriott Vacations Worldwide’s quarterly revenue was up 85.6% compared to the same quarter last year. On average, equities research analysts forecast that Marriott Vacations Worldwide Corp will post 7.72 EPS for the current year.

A number of equities research analysts have recently commented on the stock. Credit Suisse Group reaffirmed a “neutral” rating and set a $108.00 price objective on shares of Wynn Resorts in a research note on Wednesday, March 20th. Zacks Investment Research upgraded Gerdau from a “sell” rating to a “hold” rating in a research report on Monday, May 13th. Finally, JPMorgan Chase & Co. upgraded ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a research report on Monday, June 3rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $122.57.

A number of institutional investors have recently bought and sold shares of VAC. Signaturefd LLC lifted its holdings in shares of Marriott Vacations Worldwide by 211.8% during the first quarter. Signaturefd LLC now owns 265 shares of the company’s stock worth $25,000 after purchasing an additional 180 shares during the period. Doyle Wealth Management acquired a new position in Marriott Vacations Worldwide in the fourth quarter valued at $38,000. AllSquare Wealth Management LLC acquired a new position in Marriott Vacations Worldwide in the first quarter valued at $44,000. Smithfield Trust Co. acquired a new position in Marriott Vacations Worldwide in the first quarter valued at $79,000. Finally, Exane Derivatives lifted its holdings in Marriott Vacations Worldwide by 75.5% in the first quarter. Exane Derivatives now owns 937 shares of the company’s stock valued at $88,000 after buying an additional 403 shares during the period. 82.31% of the stock is currently owned by institutional investors.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton, Westin, Hyatt Residence Club brands, and Marriott Vacation Club Pulse brands. The company operates through two segments, Vacation Ownership and Exchange & Third-Party Management.

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Insider Buying and Selling by Quarter for Marriott Vacations Worldwide (NYSE:VAC)

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