Marriott International (NASDAQ:MAR) was downgraded by investment analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a report released on Monday.

Other equities research analysts also recently issued research reports about the stock. UBS AG reaffirmed a “neutral” rating and set a $101.00 price target (up previously from $98.00) on shares of Marriott International in a research note on Monday. Robert W. Baird lifted their price target on shares of Marriott International from $101.00 to $103.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 8th. Stifel Nicolaus reaffirmed a “hold” rating and set a $95.00 price target (up previously from $87.00) on shares of Marriott International in a research note on Tuesday, May 9th. Canaccord Genuity reaffirmed a “buy” rating and set a $113.00 price target (up previously from $100.00) on shares of Marriott International in a research note on Monday, May 8th. Finally, J P Morgan Chase & Co reissued an “overweight” rating and issued a $111.00 target price on shares of Marriott International in a research report on Friday, May 12th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $98.69.

Marriott International (MAR) traded up 0.67% during trading on Monday, reaching $100.07. 2,578,263 shares of the company’s stock traded hands. The stock has a market capitalization of $37.27 billion, a P/E ratio of 32.84 and a beta of 1.36. The stock has a 50-day moving average price of $102.05 and a 200 day moving average price of $96.65. Marriott International has a 1-year low of $65.91 and a 1-year high of $110.51.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Monday, August 7th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.02 by $0.11. Marriott International had a net margin of 5.27% and a return on equity of 26.26%. The firm had revenue of $5.80 billion for the quarter, compared to the consensus estimate of $5.73 billion. During the same quarter in the previous year, the firm posted $1.03 EPS. The firm’s quarterly revenue was up 48.5% on a year-over-year basis. Equities research analysts expect that Marriott International will post $4.10 earnings per share for the current year.

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In other news, EVP Anthony Capuano sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, June 30th. The shares were sold at an average price of $100.72, for a total transaction of $503,600.00. Following the sale, the executive vice president now owns 56,405 shares in the company, valued at $5,681,111.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mary K. Bush sold 1,200 shares of the business’s stock in a transaction that occurred on Friday, June 30th. The shares were sold at an average price of $100.89, for a total transaction of $121,068.00. Following the sale, the director now owns 1,101 shares in the company, valued at approximately $111,079.89. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,822 shares of company stock valued at $1,644,640. Company insiders own 17.07% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. Gotham Asset Management LLC raised its stake in Marriott International by 11,934.7% in the second quarter. Gotham Asset Management LLC now owns 381,379 shares of the company’s stock worth $38,256,000 after buying an additional 378,210 shares in the last quarter. Adelante Capital Management LLC raised its position in Marriott International by 55.7% in the second quarter. Adelante Capital Management LLC now owns 532,648 shares of the company’s stock valued at $53,430,000 after buying an additional 190,556 shares in the last quarter. Lenox Wealth Management Inc. bought a new position in Marriott International during the second quarter valued at $667,000. Janus Henderson Group PLC raised its position in Marriott International by 1,881.3% in the second quarter. Janus Henderson Group PLC now owns 887,490 shares of the company’s stock valued at $89,025,000 after buying an additional 842,696 shares in the last quarter. Finally, San Francisco Sentry Investment Group CA raised its position in Marriott International by 20.2% in the second quarter. San Francisco Sentry Investment Group CA now owns 3,804 shares of the company’s stock valued at $382,000 after buying an additional 640 shares in the last quarter. Institutional investors and hedge funds own 67.11% of the company’s stock.

About Marriott International

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.

Analyst Recommendations for Marriott International (NASDAQ:MAR)

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