Marriott International, Inc. $MAR Shares Purchased by Prospera Financial Services Inc

Prospera Financial Services Inc boosted its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 3.8% during the second quarter, Holdings Channel.com reports. The firm owned 20,265 shares of the company’s stock after buying an additional 740 shares during the quarter. Prospera Financial Services Inc’s holdings in Marriott International were worth $5,538,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Morse Asset Management Inc acquired a new position in Marriott International in the first quarter valued at approximately $30,000. AlphaQuest LLC raised its position in Marriott International by 2,750.0% in the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock valued at $31,000 after purchasing an additional 110 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Marriott International in the 2nd quarter valued at $38,000. Quaker Wealth Management LLC grew its holdings in shares of Marriott International by 203.4% during the 2nd quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock worth $41,000 after purchasing an additional 295 shares during the period. Finally, Westside Investment Management Inc. raised its holdings in Marriott International by 198.0% in the 2nd quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock valued at $41,000 after buying an additional 99 shares during the period. Institutional investors and hedge funds own 70.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on MAR shares. Barclays increased their target price on shares of Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Truist Financial lifted their target price on shares of Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. Morgan Stanley decreased their price target on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 22nd. BMO Capital Markets lifted their price objective on Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research note on Wednesday. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, Marriott International has an average rating of “Moderate Buy” and an average target price of $286.40.

Marriott International Trading Up 3.6%

Marriott International stock opened at $291.16 on Friday. The firm has a market capitalization of $78.13 billion, a P/E ratio of 30.75, a P/E/G ratio of 3.00 and a beta of 1.36. Marriott International, Inc. has a twelve month low of $205.40 and a twelve month high of $307.52. The stock’s fifty day simple moving average is $266.60 and its 200-day simple moving average is $265.40.

Marriott International (NASDAQ:MAR) last released its earnings results on Tuesday, November 4th. The company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.38 by $0.09. The firm had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $6.46 billion. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. Sell-side analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International announced that its Board of Directors has approved a share buyback plan on Thursday, August 7th that permits the company to repurchase 25,000,000 outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its stock is undervalued.

Marriott International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Thursday, November 20th will be paid a $0.67 dividend. The ex-dividend date is Thursday, November 20th. This represents a $2.68 dividend on an annualized basis and a yield of 0.9%. Marriott International’s payout ratio is currently 28.30%.

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.