Robert W. Baird set a $133.00 price target on Marriott International (NASDAQ:MAR) in a research note published on Friday. The brokerage currently has a hold rating on the stock.

A number of other equities research analysts have also commented on MAR. BidaskClub lowered shares of Marriott International from a buy rating to a hold rating in a report on Thursday, June 28th. Zacks Investment Research upgraded shares of Marriott International from a sell rating to a hold rating in a report on Wednesday, August 8th. ValuEngine lowered shares of Marriott International from a buy rating to a hold rating in a report on Wednesday, August 8th. Raymond James upgraded shares of Marriott International from a market perform rating to an outperform rating in a report on Tuesday, August 14th. Finally, Barclays lowered their price target on shares of Marriott International from $148.00 to $141.00 and set an equal weight rating for the company in a report on Wednesday, August 8th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $144.58.

Shares of Marriott International stock traded down $3.25 during trading on Friday, reaching $112.04. The company’s stock had a trading volume of 2,663,720 shares, compared to its average volume of 2,199,623. Marriott International has a 52-week low of $112.01 and a 52-week high of $149.21. The stock has a market capitalization of $40.00 billion, a price-to-earnings ratio of 25.70, a price-to-earnings-growth ratio of 1.70 and a beta of 1.33. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.48 and a current ratio of 0.48.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Monday, August 6th. The company reported $1.73 EPS for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.37. Marriott International had a net margin of 7.31% and a return on equity of 52.81%. The company had revenue of $5.35 billion during the quarter, compared to analyst estimates of $5.90 billion. During the same period in the prior year, the business posted $1.13 EPS. The firm’s revenue was up 2.6% compared to the same quarter last year. On average, equities research analysts forecast that Marriott International will post 5.88 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 28th. Shareholders of record on Thursday, August 23rd were issued a $0.41 dividend. The ex-dividend date of this dividend was Wednesday, August 22nd. This represents a $1.64 annualized dividend and a yield of 1.46%. Marriott International’s dividend payout ratio (DPR) is presently 37.61%.

In related news, Director Frederick A. Henderson acquired 1,640 shares of the firm’s stock in a transaction on Thursday, August 9th. The stock was acquired at an average cost of $120.84 per share, for a total transaction of $198,177.60. Following the acquisition, the director now owns 1,640 shares of the company’s stock, valued at $198,177.60. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 12.99% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of MAR. Centaurus Financial Inc. bought a new position in shares of Marriott International in the 2nd quarter worth about $102,000. Sun Life Financial INC increased its stake in shares of Marriott International by 331.6% in the 2nd quarter. Sun Life Financial INC now owns 807 shares of the company’s stock worth $102,000 after acquiring an additional 620 shares in the last quarter. Fort L.P. bought a new position in shares of Marriott International in the 2nd quarter worth about $114,000. CenterStar Asset Management LLC bought a new position in shares of Marriott International in the 3rd quarter worth about $133,000. Finally, Tortoise Investment Management LLC bought a new position in shares of Marriott International in the 2nd quarter worth about $155,000. Institutional investors and hedge funds own 61.84% of the company’s stock.

About Marriott International

Marriott International, Inc operates, franchises, and licenses hotel, residential, and timeshare properties worldwide. The company operates through three segments: North American Full-Service, North American Limited-Service, and Asia Pacific. It operates its properties under the JW Marriott, The Ritz-Carlton, W Hotels, The Luxury Collection, St.

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Analyst Recommendations for Marriott International (NASDAQ:MAR)

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