Nikulski Financial Inc. Acquires 90 Shares of Marriott International, Inc. (NASDAQ:MAR)

Nikulski Financial Inc. boosted its holdings in Marriott International, Inc. (NASDAQ:MAR) by 1.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,006 shares of the company’s stock after buying an additional 90 shares during the quarter. Nikulski Financial Inc.’s holdings in Marriott International were worth $1,954,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jensen Investment Management Inc. acquired a new stake in Marriott International in the third quarter valued at $793,000. BayBridge Capital Group LLC acquired a new stake in shares of Marriott International during the third quarter worth $1,254,000. Sumitomo Mitsui Trust Group Inc. raised its stake in Marriott International by 0.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 566,548 shares of the company’s stock worth $140,844,000 after buying an additional 2,723 shares during the last quarter. Oddo BHF Asset Management Sas bought a new stake in Marriott International during the third quarter valued at $2,721,000. Finally, Kinsale Capital Group Inc. bought a new position in shares of Marriott International in the 3rd quarter worth about $3,769,000. Institutional investors own 70.70% of the company’s stock.

Insider Buying and Selling at Marriott International

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

Marriott International Stock Performance

MAR stock opened at $284.11 on Friday. Marriott International, Inc. has a one year low of $204.55 and a one year high of $295.45. The company has a market capitalization of $78.95 billion, a PE ratio of 29.72, a price-to-earnings-growth ratio of 4.64 and a beta of 1.57. The company’s 50 day moving average price is $282.24 and its two-hundred day moving average price is $257.32.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Monday, November 4th. The company reported $2.26 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $6.26 billion for the quarter, compared to analysts’ expectations of $6.27 billion. During the same quarter in the previous year, the company earned $2.11 earnings per share. The business’s quarterly revenue was up 5.5% on a year-over-year basis. On average, research analysts predict that Marriott International, Inc. will post 9.25 EPS for the current year.

Marriott International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders 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 yield of 0.89%. Marriott International’s payout ratio is currently 26.36%.

Wall Street Analyst Weigh In

MAR has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their target price on Marriott International from $251.00 to $269.00 and gave the stock a “neutral” rating in a research note on Friday, December 13th. Macquarie reissued a “neutral” rating and set a $245.00 target price on shares of Marriott International in a research note on Tuesday, November 5th. Mizuho upped their price objective on shares of Marriott International from $233.00 to $246.00 and gave the company a “neutral” rating in a report on Tuesday, November 5th. Barclays raised their target price on Marriott International from $249.00 to $286.00 and gave the company an “equal weight” rating in a research note on Friday, December 13th. Finally, Stifel Nicolaus increased their price target on Marriott International from $252.00 to $283.00 and gave the stock a “hold” rating in a report on Tuesday, November 26th. Fourteen analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $272.15.

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.