Marriott International, Inc. (NASDAQ:MAR) Shares Sold by Kintegral Advisory LLC

Kintegral Advisory LLC lessened its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 4.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,095 shares of the company’s stock after selling 238 shares during the period. Kintegral Advisory LLC’s holdings in Marriott International were worth $1,421,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MAR. Allspring Global Investments Holdings LLC increased its position in shares of Marriott International by 1.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 14,843 shares of the company’s stock worth $3,690,000 after purchasing an additional 274 shares in the last quarter. Foundations Investment Advisors LLC increased its position in Marriott International by 2.6% during the third quarter. Foundations Investment Advisors LLC now owns 2,010 shares of the company’s stock worth $500,000 after buying an additional 51 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of Marriott International by 15,148.3% in the third quarter. International Assets Investment Management LLC now owns 302,527 shares of the company’s stock valued at $75,208,000 after acquiring an additional 300,543 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in shares of Marriott International by 63.6% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 9,065 shares of the company’s stock worth $2,254,000 after acquiring an additional 3,523 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in Marriott International by 1,621.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 86,328 shares of the company’s stock valued at $21,461,000 after purchasing an additional 81,313 shares during the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on MAR. TD Cowen dropped their price objective on shares of Marriott International from $295.00 to $283.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. UBS Group upped their price objective on Marriott International from $294.00 to $301.00 and gave the company a “neutral” rating in a research note on Wednesday, February 12th. BMO Capital Markets lifted their target price on Marriott International from $255.00 to $265.00 and gave the company a “market perform” rating in a research note on Tuesday, November 5th. Evercore ISI upgraded Marriott International from an “in-line” rating to an “outperform” rating and set a $330.00 price target for the company in a research note on Tuesday, February 4th. Finally, Sanford C. Bernstein lifted their price objective on shares of Marriott International from $262.00 to $290.00 and gave the company an “outperform” rating in a research report on Tuesday, November 5th. Thirteen research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $284.05.

Marriott International Stock Performance

Shares of MAR stock opened at $277.47 on Friday. The stock has a market cap of $76.50 billion, a PE ratio of 33.35, a P/E/G ratio of 3.42 and a beta of 1.57. Marriott International, Inc. has a 1 year low of $204.55 and a 1 year high of $307.52. The stock has a fifty day moving average price of $283.73 and a 200 day moving average price of $265.10.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.08. Marriott International had a net margin of 9.46% and a negative return on equity of 116.67%. As a group, equities research analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 27th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date is Thursday, February 27th. Marriott International’s payout ratio is currently 30.29%.

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.