4,224 Shares in Marriott International, Inc. (NASDAQ:MAR) Bought by Campbell Wealth Management

Campbell Wealth Management purchased a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 4,224 shares of the company’s stock, valued at approximately $1,178,000. Marriott International comprises 0.1% of Campbell Wealth Management’s investment portfolio, making the stock its 25th biggest holding.

Other institutional investors have also recently modified their holdings of the company. Sound Income Strategies LLC lifted its position in Marriott International by 494.4% during the fourth quarter. Sound Income Strategies LLC now owns 107 shares of the company’s stock valued at $30,000 after purchasing an additional 89 shares during the period. Silvant Capital Management LLC purchased a new position in Marriott International during the third quarter valued at approximately $31,000. Darwin Wealth Management LLC purchased a new stake in Marriott International in the 3rd quarter worth approximately $33,000. Wingate Wealth Advisors Inc. purchased a new position in shares of Marriott International during the 4th quarter valued at approximately $33,000. Finally, ORG Partners LLC boosted its holdings in Marriott International by 158.5% during the fourth quarter. ORG Partners LLC now owns 137 shares of the company’s stock worth $38,000 after buying an additional 84 shares in the last quarter. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Marriott International

In other news, insider William P. Brown sold 1,707 shares of the firm’s stock in a transaction 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 directly owns 23,077 shares in the company, valued at $6,560,791.10. This trade represents a 6.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 12.32% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on MAR shares. Susquehanna lifted their price objective on shares of Marriott International from $255.00 to $285.00 and gave the company a “neutral” rating in a report on Wednesday. Macquarie reissued a “neutral” rating and issued a $245.00 price objective on shares of Marriott International in a report on Tuesday, November 5th. JPMorgan Chase & Co. upped 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. Robert W. Baird lifted their price target on shares of Marriott International from $258.00 to $264.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. Finally, TD Cowen decreased their price objective on shares of Marriott International from $295.00 to $283.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Thirteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $284.45.

Marriott International Stock Performance

MAR stock opened at $288.24 on Friday. The firm has a market cap of $80.10 billion, a PE ratio of 30.15, a PEG ratio of 4.88 and a beta of 1.57. Marriott International, Inc. has a one year low of $204.55 and a one year high of $307.52. The firm’s 50 day moving average price is $284.38 and its 200-day moving average price is $262.07.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Tuesday, February 11th. The company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.37 by $0.08. Marriott International had a negative return on equity of 177.91% and a net margin of 11.18%. Equities research analysts predict that Marriott International, Inc. will post 9.26 EPS for the current fiscal year.

Marriott International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 27th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.87%. Marriott International’s payout ratio is currently 26.36%.

About Marriott International

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.