Jefferies Group LLC acquired a new position in Marriott International Inc (NASDAQ:MAR) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,558 shares of the company’s stock, valued at approximately $483,000.

Several other institutional investors have also recently modified their holdings of MAR. Baird Financial Group Inc. raised its position in shares of Marriott International by 1.4% during the 4th quarter. Baird Financial Group Inc. now owns 27,074 shares of the company’s stock worth $3,675,000 after purchasing an additional 376 shares during the last quarter. Piedmont Investment Advisors LLC raised its position in shares of Marriott International by 0.6% during the 3rd quarter. Piedmont Investment Advisors LLC now owns 71,759 shares of the company’s stock worth $7,912,000 after purchasing an additional 433 shares during the last quarter. D Orazio & Associates Inc. raised its position in shares of Marriott International by 4.2% during the 4th quarter. D Orazio & Associates Inc. now owns 11,031 shares of the company’s stock worth $1,497,000 after purchasing an additional 443 shares during the last quarter. Private Advisory Group LLC raised its position in shares of Marriott International by 2.1% during the 3rd quarter. Private Advisory Group LLC now owns 22,395 shares of the company’s stock worth $2,469,000 after purchasing an additional 463 shares during the last quarter. Finally, First Business Financial Services Inc. raised its position in shares of Marriott International by 7.8% during the 4th quarter. First Business Financial Services Inc. now owns 6,741 shares of the company’s stock worth $915,000 after purchasing an additional 488 shares during the last quarter. Institutional investors and hedge funds own 65.59% of the company’s stock.

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In other news, insider Stephen Blake Marriott sold 1,000 shares of the stock in a transaction that occurred on Friday, March 9th. The shares were sold at an average price of $143.83, for a total value of $143,830.00. Following the completion of the sale, the insider now owns 144,601 shares of the company’s stock, valued at approximately $20,797,961.83. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Susan C. Schwab purchased 250 shares of the company’s stock in a transaction dated Thursday, February 22nd. The stock was purchased at an average cost of $141.47 per share, with a total value of $35,367.50. The disclosure for this purchase can be found here. In the last three months, insiders sold 92,680 shares of company stock valued at $13,010,547. Corporate insiders own 11.32% of the company’s stock.

Shares of Marriott International stock opened at $140.42 on Thursday. Marriott International Inc has a 1-year low of $89.05 and a 1-year high of $149.21. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 2.10. The company has a market cap of $50,162.26, a PE ratio of 32.24, a price-to-earnings-growth ratio of 2.50 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Wednesday, February 14th. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.12. Marriott International had a net margin of 5.99% and a return on equity of 36.15%. The business had revenue of $5.88 billion during the quarter, compared to analysts’ expectations of $5.61 billion. During the same quarter in the prior year, the company posted $0.85 EPS. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. equities research analysts expect that Marriott International Inc will post 5.33 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, February 23rd will be paid a $0.33 dividend. The ex-dividend date of this dividend is Thursday, February 22nd. This represents a $1.32 annualized dividend and a dividend yield of 0.94%. Marriott International’s dividend payout ratio (DPR) is 36.67%.

Several research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Marriott International from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. ValuEngine upgraded shares of Marriott International from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Deutsche Bank upped their price target on shares of Marriott International from $136.00 to $141.00 and gave the stock a “hold” rating in a research report on Friday, February 16th. Susquehanna Bancshares restated a “positive” rating and set a $161.00 price target (up previously from $145.00) on shares of Marriott International in a research report on Tuesday, February 13th. Finally, Royal Bank of Canada upped their price target on shares of Marriott International to $159.00 and gave the stock an “outperform” rating in a research report on Monday, January 29th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Marriott International currently has a consensus rating of “Buy” and a consensus price target of $122.38.

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Marriott International Company 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.

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

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