Marriott International, Inc. (NASDAQ:MAR) Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC boosted its position in Marriott International, Inc. (NASDAQ:MARFree Report) by 6.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 108,901 shares of the company’s stock after buying an additional 7,016 shares during the period. Nisa Investment Advisors LLC’s holdings in Marriott International were worth $30,377,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Simon Quick Advisors LLC raised its position in shares of Marriott International by 16.1% during the 4th quarter. Simon Quick Advisors LLC now owns 952 shares of the company’s stock valued at $266,000 after acquiring an additional 132 shares in the last quarter. Aspire Private Capital LLC lifted its position in shares of Marriott International by 7.2% in the 4th quarter. Aspire Private Capital LLC now owns 4,079 shares of the company’s stock worth $1,138,000 after buying an additional 274 shares during the last quarter. Atomi Financial Group Inc. boosted its holdings in shares of Marriott International by 14.0% in the 4th quarter. Atomi Financial Group Inc. now owns 2,016 shares of the company’s stock valued at $562,000 after buying an additional 247 shares during the period. Segment Wealth Management LLC raised its stake in Marriott International by 0.4% during the fourth quarter. Segment Wealth Management LLC now owns 58,620 shares of the company’s stock worth $16,351,000 after acquiring an additional 233 shares during the period. Finally, Perpetual Ltd bought a new position in Marriott International in the fourth quarter worth about $212,000. Institutional investors own 70.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MAR. Evercore ISI increased their price target on Marriott International from $245.00 to $270.00 and gave the stock an “in-line” rating in a research report on Monday, October 21st. Macquarie reiterated a “neutral” rating and issued a $245.00 target price on shares of Marriott International in a research note on Tuesday, November 5th. Stifel Nicolaus increased their price objective on shares of Marriott International from $252.00 to $283.00 and gave the stock a “hold” rating in a report on Tuesday, November 26th. Wells Fargo & Company upped their target price on shares of 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, TD Cowen reduced their price objective on Marriott International from $295.00 to $283.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Fourteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $272.15.

Get Our Latest Stock Report on MAR

Marriott International Stock Performance

NASDAQ MAR opened at $280.41 on Thursday. Marriott International, Inc. has a 1 year low of $204.55 and a 1 year high of $295.45. The business’s fifty day moving average is $282.19 and its two-hundred day moving average is $256.65. The stock has a market capitalization of $77.92 billion, a P/E ratio of 29.33, a P/E/G ratio of 4.59 and a beta of 1.57.

Marriott International (NASDAQ:MARGet Free Report) last announced its earnings results on Monday, November 4th. The company reported $2.26 EPS for the quarter, missing the consensus estimate of $2.31 by ($0.05). The company had revenue of $6.26 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the prior year, the company earned $2.11 earnings per share. On average, research analysts forecast that Marriott International, Inc. will post 9.25 earnings per share for the current year.

Marriott International Dividend Announcement

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

Insider Buying and Selling at Marriott International

In other news, CAO Felitia Lee sold 916 shares of the business’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $276.48, for a total transaction of $253,255.68. Following the transaction, the chief accounting officer now directly owns 5,609 shares in the company, valued at $1,550,776.32. The trade was a 14.04 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Benjamin T. Breland sold 500 shares of Marriott International stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $274.49, for a total value of $137,245.00. Following the sale, the executive vice president now directly owns 12,286 shares of the company’s stock, valued at approximately $3,372,384.14. The trade was a 3.91 % decrease in their position. 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 in the last three months. 12.32% of the stock is currently owned by company insiders.

Marriott International Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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