Hudson Value Partners LLC Sells 200 Shares of Marriott International, Inc. (NASDAQ:MAR)

Hudson Value Partners LLC trimmed its position in Marriott International, Inc. (NASDAQ:MAR) by 4.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,525 shares of the company’s stock after selling 200 shares during the quarter. Hudson Value Partners LLC’s holdings in Marriott International were worth $1,262,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Sound Income Strategies LLC raised its holdings in Marriott International by 494.4% in the 4th quarter. Sound Income Strategies LLC now owns 107 shares of the company’s stock valued at $30,000 after acquiring an additional 89 shares during the period. Silvant Capital Management LLC bought a new position in Marriott International in the 3rd quarter valued at approximately $31,000. Darwin Wealth Management LLC bought a new position in Marriott International in the 3rd quarter valued at approximately $33,000. Wingate Wealth Advisors Inc. acquired a new stake in Marriott International during the 4th quarter valued at approximately $33,000. Finally, ORG Partners LLC grew its position in shares of 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 buying an additional 84 shares during the period. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on MAR. Sanford C. Bernstein raised their price objective on Marriott International from $262.00 to $290.00 and gave the company an “outperform” rating in a research note on Tuesday, November 5th. Truist Financial raised their price target on shares of Marriott International from $277.00 to $308.00 and gave the company a “hold” rating in a report on Wednesday, February 12th. Macquarie reissued a “neutral” rating and issued a $245.00 target price on shares of Marriott International in a research note on Tuesday, November 5th. Mizuho increased their target price on Marriott International from $246.00 to $293.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 12th. Finally, Jefferies Financial Group increased their price objective on shares of Marriott International from $251.00 to $295.00 and gave the company a “hold” rating in a research report on Thursday, January 2nd. Thirteen investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $284.05.

Insider Activity at Marriott International

In related 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 transaction 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.07% of the stock is currently owned by insiders.

Marriott International Price Performance

NASDAQ MAR opened at $288.42 on Wednesday. Marriott International, Inc. has a 1-year low of $204.55 and a 1-year high of $307.52. The company has a market cap of $79.52 billion, a PE ratio of 34.67, a price-to-earnings-growth ratio of 3.38 and a beta of 1.57. The stock’s 50 day simple moving average is $284.06 and its 200-day simple moving average is $263.97.

Marriott International (NASDAQ:MAR) last released 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%. On average, equities research analysts anticipate that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, February 27th will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Thursday, February 27th. Marriott International’s dividend payout ratio (DPR) is presently 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.