Advisory Alpha LLC Has $805,000 Stake in Marriott International, Inc. (NASDAQ:MAR)

Advisory Alpha LLC lifted its stake in Marriott International, Inc. (NASDAQ:MAR) by 6.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,884 shares of the company’s stock after buying an additional 171 shares during the period. Advisory Alpha LLC’s holdings in Marriott International were worth $805,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Public Sector Pension Investment Board boosted its position in shares of Marriott International by 63.7% during the 2nd quarter. Public Sector Pension Investment Board now owns 8,444 shares of the company’s stock valued at $2,042,000 after acquiring an additional 3,287 shares in the last quarter. Evergreen Capital Management LLC boosted its holdings in Marriott International by 3.9% during the second quarter. Evergreen Capital Management LLC now owns 2,556 shares of the company’s stock valued at $618,000 after purchasing an additional 97 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in shares of Marriott International by 57.6% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 47,130 shares of the company’s stock valued at $11,395,000 after purchasing an additional 17,231 shares during the period. AXA S.A. lifted its position in shares of Marriott International by 133.4% during the 2nd quarter. AXA S.A. now owns 221,045 shares of the company’s stock worth $53,442,000 after buying an additional 126,323 shares during the period. Finally, AQR Capital Management LLC boosted its stake in Marriott International by 59.9% in the 2nd quarter. AQR Capital Management LLC now owns 123,973 shares of the company’s stock valued at $29,973,000 after buying an additional 46,420 shares in the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on MAR shares. Evercore ISI lifted their price objective on Marriott International from $245.00 to $270.00 and gave the company an “in-line” rating in a report on Monday, October 21st. Robert W. Baird boosted their price target on shares of Marriott International from $258.00 to $264.00 and gave the company a “neutral” rating in a research report on Tuesday, November 5th. Truist Financial raised their price objective on shares of Marriott International from $254.00 to $277.00 and gave the stock a “hold” rating in a report on Wednesday, December 4th. Wells Fargo & Company increased their price target on Marriott International from $238.00 to $261.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 22nd. Finally, Bank of America boosted their price objective on Marriott International from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Fourteen research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $272.15.

Marriott International Trading Up 1.0 %

NASDAQ:MAR opened at $280.41 on Thursday. The firm has a market capitalization of $77.92 billion, a price-to-earnings ratio of 29.33, a PEG ratio of 4.59 and a beta of 1.57. Marriott International, Inc. has a 1-year low of $204.55 and a 1-year high of $295.45. The business’s 50-day moving average price is $282.19 and its two-hundred day moving average price is $256.65.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Monday, November 4th. The company reported $2.26 earnings per share for the quarter, missing the consensus estimate of $2.31 by ($0.05). The firm had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.27 billion. Marriott International had a negative return on equity of 177.91% and a net margin of 11.18%. The firm’s revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.11 EPS. Sell-side analysts predict that Marriott International, Inc. will post 9.25 earnings per share for the current year.

Marriott International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, November 21st were paid a $0.63 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $2.52 dividend on an annualized basis and a yield of 0.90%. Marriott International’s payout ratio is 26.36%.

Insider Transactions at Marriott International

In other Marriott International news, CFO Kathleen K. Oberg sold 2,360 shares of Marriott International stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $285.41, for a total value of $673,567.60. Following the sale, the chief financial officer now owns 39,726 shares of the company’s stock, valued at $11,338,197.66. This trade represents a 5.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider William P. Brown sold 1,707 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $284.30, for a total value of $485,300.10. Following the transaction, the insider now directly owns 23,077 shares of the company’s stock, valued at $6,560,791.10. This represents a 6.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,815 shares of company stock valued at $3,919,739 over the last 90 days. 12.32% of the stock is owned by company insiders.

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.