732 Shares in Marriott International, Inc. (NASDAQ:MAR) Bought by Financial Advisors LLC

Financial Advisors LLC bought a new stake in Marriott International, Inc. (NASDAQ:MAR) during the 4th quarter, HoldingsChannel reports. The fund bought 732 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors have also recently made changes to their positions in MAR. Larson Financial Group LLC boosted its holdings in Marriott International by 10.8% during the 3rd quarter. Larson Financial Group LLC now owns 379 shares of the company’s stock valued at $94,000 after acquiring an additional 37 shares during the period. Harbor Capital Advisors Inc. boosted its stake in shares of Marriott International by 0.4% during the third quarter. Harbor Capital Advisors Inc. now owns 8,698 shares of the company’s stock valued at $2,162,000 after purchasing an additional 38 shares during the period. Haverford Trust Co grew its holdings in shares of Marriott International by 1.0% in the third quarter. Haverford Trust Co now owns 4,207 shares of the company’s stock worth $1,046,000 after purchasing an additional 40 shares during the last quarter. Foundations Investment Advisors LLC lifted its holdings in Marriott International by 2.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 2,010 shares of the company’s stock valued at $500,000 after buying an additional 51 shares in the last quarter. Finally, Rosenberg Matthew Hamilton boosted its position in Marriott International by 3.7% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,443 shares of the company’s stock valued at $359,000 after buying an additional 51 shares during the period. Institutional investors own 70.70% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on MAR shares. Stifel Nicolaus lifted their price target on shares of Marriott International from $252.00 to $283.00 and gave the company a “hold” rating in a research note on Tuesday, November 26th. JPMorgan Chase & Co. upped their target price on Marriott International from $251.00 to $269.00 and gave the stock a “neutral” rating in a report on Friday, December 13th. TD Cowen cut their price target on Marriott International from $295.00 to $283.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Macquarie reiterated a “neutral” rating and set a $245.00 target price on shares of Marriott International in a report on Tuesday, November 5th. Finally, Barclays boosted their price target on shares of Marriott International from $249.00 to $286.00 and gave the company an “equal weight” rating in a report on Friday, December 13th. Fourteen investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, Marriott International has an average rating of “Hold” and an average target price of $272.15.

Insider Transactions at Marriott International

In other Marriott International news, CAO Felitia Lee sold 916 shares of the company’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $276.48, for a total value of $253,255.68. Following the sale, the chief accounting officer now directly owns 5,609 shares of the company’s stock, valued at approximately $1,550,776.32. This represents a 14.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Anthony Capuano sold 8,332 shares of Marriott International stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $284.49, for a total value of $2,370,370.68. Following the transaction, the chief executive officer now owns 108,361 shares of the company’s stock, valued at $30,827,620.89. The trade was a 7.14 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,815 shares of company stock worth $3,919,739 over the last three months. 10.07% of the stock is currently owned by insiders.

Marriott International Stock Up 0.4 %

MAR opened at $277.18 on Friday. The company has a market cap of $77.03 billion, a P/E ratio of 28.99, a price-to-earnings-growth ratio of 4.48 and a beta of 1.57. The firm’s 50-day moving average price is $282.53 and its 200-day moving average price is $255.91. Marriott International, Inc. has a 52-week low of $204.55 and a 52-week high of $295.45.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Monday, November 4th. The company reported $2.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.05). The company had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.27 billion. Marriott International had a net margin of 11.18% and a negative return on equity of 177.91%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.11 EPS. On average, research analysts anticipate that Marriott International, Inc. will post 9.25 EPS for the current fiscal year.

Marriott International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, November 21st were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date was Thursday, November 21st. Marriott International’s dividend payout ratio is presently 26.36%.

Marriott International Company Profile

Marriott International, Inc engages in operating, franchising, and licensing hotel, residential, timeshare, and other lodging properties worldwide. It operates its properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Fairfield by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Four Points by Sheraton, TownePlace Suites by Marriott, Aloft Hotels, AC Hotels by Marriott, Moxy Hotels, Element Hotels, Protea Hotels by Marriott, City Express by Marriott, and St.