Private Wealth Advisors Inc. Continues to Hold Position in Marriott International (NASDAQ:MAR)

Private Wealth Advisors Inc. continued to hold its position in shares of Marriott International (NASDAQ:MAR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,276 shares of the company’s stock at the close of the 2nd quarter. Private Wealth Advisors Inc.’s holdings in Marriott International were worth $529,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Regal Wealth Group Inc. increased its position in shares of Marriott International by 0.3% during the second quarter. Regal Wealth Group Inc. now owns 1,637 shares of the company’s stock worth $164,000 after acquiring an additional 5 shares in the last quarter. Gradient Investments LLC increased its position in shares of Marriott International by 0.3% during the second quarter. Gradient Investments LLC now owns 2,011 shares of the company’s stock worth $202,000 after acquiring an additional 6 shares in the last quarter. Family Firm Inc. increased its position in shares of Marriott International by 0.3% during the second quarter. Family Firm Inc. now owns 2,931 shares of the company’s stock worth $294,000 after acquiring an additional 8 shares in the last quarter. Alexandria Capital LLC increased its position in shares of Marriott International by 0.7% during the second quarter. Alexandria Capital LLC now owns 1,644 shares of the company’s stock worth $165,000 after acquiring an additional 12 shares in the last quarter. Finally, First Bank & Trust increased its position in shares of Marriott International by 1.2% during the second quarter. First Bank & Trust now owns 1,701 shares of the company’s stock worth $171,000 after acquiring an additional 20 shares in the last quarter. 65.93% of the stock is owned by institutional investors.

Shares of Marriott International (NASDAQ MAR) traded down 0.81% during midday trading on Friday, hitting $105.53. 1,441,598 shares of the company traded hands. Marriott International has a 52 week low of $65.91 and a 52 week high of $110.51. The stock has a market capitalization of $39.30 billion, a PE ratio of 34.63 and a beta of 1.36. The stock has a 50 day moving average of $102.35 and a 200-day moving average of $98.90.

Marriott International (NASDAQ:MAR) last released its earnings results on Monday, August 7th. The company reported $1.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.11. The firm had revenue of $5.80 billion for the quarter, compared to the consensus estimate of $5.73 billion. Marriott International had a return on equity of 26.26% and a net margin of 5.27%. The company’s revenue for the quarter was up 48.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.03 EPS. Equities analysts forecast that Marriott International will post $4.13 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 24th will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend is Tuesday, August 22nd. Marriott International’s dividend payout ratio (DPR) is presently 45.52%.

In other news, Director Mary K. Bush sold 1,200 shares of the stock in a transaction on Friday, June 30th. The stock was sold at an average price of $100.89, for a total transaction of $121,068.00. Following the transaction, the director now owns 1,101 shares of the company’s stock, valued at approximately $111,079.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider B. Marriott Marital Tr Juliana sold 30,000 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $99.84, for a total value of $2,995,200.00. Following the transaction, the insider now directly owns 493,896 shares in the company, valued at approximately $49,310,576.64. The disclosure for this sale can be found here. Insiders sold a total of 94,191 shares of company stock worth $9,512,282 in the last ninety days. 11.32% of the stock is currently owned by corporate insiders.

A number of research firms recently weighed in on MAR. Zacks Investment Research downgraded shares of Marriott International from a “buy” rating to a “hold” rating in a research report on Monday, May 29th. BidaskClub upgraded shares of Marriott International from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 8th. Robert W. Baird increased their price target on shares of Marriott International from $101.00 to $103.00 and gave the company a “neutral” rating in a research note on Tuesday, August 8th. Stifel Nicolaus raised their target price on shares of Marriott International from $95.00 to $98.00 and gave the stock a “hold” rating in a research note on Tuesday, August 8th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $109.00 target price (up previously from $92.00) on shares of Marriott International in a research note on Monday, June 12th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $100.81.

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Marriott International Profile

Marriott International, Inc (Marriott International) is a lodging company. Marriott International operates in three business segments: North American Full-Service, North American Limited-Service and International. Its North American Full-Service segment includes its Luxury and Premium brands (JW Marriott, Marriott Hotels, Sheraton, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Gaylord Hotels, and Tribute Portfolio) located in the United States and Canada.

Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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