Key Financial Inc Purchases 184 Shares of Marriott International, Inc. (NASDAQ:MAR)

Key Financial Inc lifted its position in Marriott International, Inc. (NASDAQ:MAR) by 11.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,818 shares of the company’s stock after buying an additional 184 shares during the quarter. Key Financial Inc’s holdings in Marriott International were worth $507,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Sound Income Strategies LLC boosted 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 worth $30,000 after purchasing an additional 89 shares during the period. Silvant Capital Management LLC acquired a new position in shares of Marriott International during the third quarter worth approximately $31,000. Darwin Wealth Management LLC acquired a new position in shares of Marriott International during the third quarter worth approximately $33,000. Wingate Wealth Advisors Inc. acquired a new position in shares of Marriott International during the fourth quarter worth approximately $33,000. Finally, ORG Partners LLC lifted its holdings in shares of 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 during the last quarter. Institutional investors own 70.70% of the company’s stock.

Insider Activity at Marriott International

In other Marriott International news, insider William P. Brown sold 1,707 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $284.30, for a total value of $485,300.10. Following the transaction, the insider now owns 23,077 shares of the company’s stock, valued at approximately $6,560,791.10. This represents a 6.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 12.32% of the stock is owned by company insiders.

Marriott International Stock Performance

Shares of MAR stock opened at $283.52 on Tuesday. The stock’s fifty day moving average is $284.12 and its 200-day moving average is $262.98. The stock has a market capitalization of $78.79 billion, a PE ratio of 29.66, a PEG ratio of 4.88 and a beta of 1.57. Marriott International, Inc. has a 52 week low of $204.55 and a 52 week high of $307.52.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $2.45 earnings per share (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%. As a group, analysts forecast that Marriott International, Inc. will post 9.26 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 27th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend is Thursday, February 27th. Marriott International’s dividend payout ratio is 26.36%.

Analyst Ratings Changes

A number of research analysts have recently commented on MAR shares. BMO Capital Markets upped their price target on Marriott International from $255.00 to $265.00 and gave the stock a “market perform” rating in a report on Tuesday, November 5th. Stifel Nicolaus upped their target price on Marriott International from $252.00 to $283.00 and gave the company a “hold” rating in a research note on Tuesday, November 26th. Robert W. Baird upped their target price on Marriott International from $258.00 to $264.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. TD Cowen cut their target price on Marriott International from $295.00 to $283.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Finally, Barclays cut their target price on Marriott International from $287.00 to $283.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 12th. Thirteen equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $284.45.

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.