Marriott International, Inc. (NASDAQ:MAR) Shares Acquired by Kathmere Capital Management LLC

Kathmere Capital Management LLC raised its position in Marriott International, Inc. (NASDAQ:MAR) by 3.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,614 shares of the company’s stock after acquiring an additional 132 shares during the quarter. Kathmere Capital Management LLC’s holdings in Marriott International were worth $1,008,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Silvant Capital Management LLC bought a new position in shares of Marriott International during the 3rd quarter valued at about $31,000. Darwin Wealth Management LLC purchased a new stake in shares of Marriott International in the 3rd quarter valued at approximately $33,000. ORG Partners LLC grew its position in Marriott International by 158.5% during the 4th quarter. ORG Partners LLC now owns 137 shares of the company’s stock worth $38,000 after purchasing an additional 84 shares in the last quarter. Cyrus J. Lawrence LLC purchased a new stake in shares of Marriott International in the second quarter valued at $36,000. Finally, Kathleen S. Wright Associates Inc. purchased a new position in shares of Marriott International during the third quarter valued at $40,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

Insider Buying and Selling at Marriott International

In other Marriott International news, CAO Felitia Lee sold 916 shares of the firm’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $276.48, for a total value of $253,255.68. Following the completion of the sale, the chief accounting officer now owns 5,609 shares in the company, valued at approximately $1,550,776.32. This trade represents a 14.04 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider William P. Brown sold 1,707 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $284.30, for a total transaction of $485,300.10. Following the completion of the transaction, the insider now owns 23,077 shares of the company’s stock, valued at $6,560,791.10. This trade represents a 6.89 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,815 shares of company stock valued at $3,919,739. 12.32% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on MAR shares. Mizuho increased their price target on shares of Marriott International from $233.00 to $246.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 5th. Sanford C. Bernstein raised their price target on Marriott International from $262.00 to $290.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 5th. BMO Capital Markets raised their price objective on shares of Marriott International from $255.00 to $265.00 and gave the company a “market perform” rating in a research report on Tuesday, November 5th. Wells Fargo & Company raised their price target on shares of Marriott International from $238.00 to $261.00 and gave the company an “equal weight” rating in a report on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. raised their target price on Marriott International from $251.00 to $269.00 and gave the company a “neutral” rating in a report on Friday, December 13th. Fourteen research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $269.65.

Marriott International Stock Up 1.5 %

MAR stock opened at $276.43 on Wednesday. The business’s 50-day simple moving average is $282.64 and its 200 day simple moving average is $255.36. The company has a market cap of $76.82 billion, a PE ratio of 28.92, a price-to-earnings-growth ratio of 5.47 and a beta of 1.57. Marriott International, Inc. has a twelve month low of $204.55 and a twelve month high of $295.45.

Marriott International (NASDAQ:MAR) last issued its earnings results on Monday, November 4th. The company reported $2.26 EPS for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.05). Marriott International had a net margin of 11.18% and a negative return on equity of 177.91%. The firm had revenue of $6.26 billion during the quarter, compared to analyst estimates of $6.27 billion. During the same quarter in the previous year, the company posted $2.11 earnings per share. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, equities research analysts anticipate that Marriott International, Inc. will post 9.26 EPS for the current year.

Marriott International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, November 21st were given a dividend of $0.63 per share. The ex-dividend date was Thursday, November 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.91%. Marriott International’s dividend payout ratio (DPR) is presently 26.36%.

Marriott International 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.