Phoenix Financial Ltd. Has $1.45 Million Stock Position in Marriott International, Inc. $MAR

Phoenix Financial Ltd. lifted its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 98.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,578 shares of the company’s stock after buying an additional 2,770 shares during the quarter. Phoenix Financial Ltd.’s holdings in Marriott International were worth $1,453,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MAR. AlphaQuest LLC grew its holdings in Marriott International by 2,750.0% in the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the period. Addison Advisors LLC bought a new position in Marriott International in the second quarter worth approximately $34,000. Darwin Wealth Management LLC bought a new stake in shares of Marriott International during the second quarter valued at approximately $37,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Marriott International in the 2nd quarter worth $38,000. Finally, Westside Investment Management Inc. lifted its stake in shares of Marriott International by 198.0% in the second quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock valued at $41,000 after buying an additional 99 shares in the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MAR has been the topic of a number of recent research reports. Truist Financial raised their target price on Marriott International from $278.00 to $283.00 and gave the company a “hold” rating in a report on Thursday, December 4th. Evercore ISI raised their price target on shares of Marriott International from $320.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, January 22nd. Wells Fargo & Company initiated coverage on shares of Marriott International in a research report on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 price objective for the company. Citigroup boosted their target price on Marriott International from $285.00 to $345.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Finally, Morgan Stanley lifted their target price on Marriott International from $296.00 to $328.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $313.75.

Insider Activity at Marriott International

In other Marriott International news, insider Deborah Marriott Harrison sold 70,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the completion of the transaction, the insider owned 175,210 shares of the company’s stock, valued at approximately $51,096,492.30. This trade represents a 28.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Benjamin T. Breland sold 1,650 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $286.10, for a total value of $472,065.00. Following the completion of the sale, the executive vice president directly owned 18,225 shares in the company, valued at approximately $5,214,172.50. This represents a 8.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 88,289 shares of company stock valued at $25,669,425 in the last quarter. 10.68% of the stock is currently owned by company insiders.

Marriott International Trading Down 0.9%

MAR stock opened at $313.95 on Wednesday. The company’s 50 day moving average is $309.33 and its 200 day moving average is $283.08. The stock has a market cap of $84.25 billion, a price-to-earnings ratio of 33.15, a price-to-earnings-growth ratio of 2.46 and a beta of 1.16. Marriott International, Inc. has a 1-year low of $205.40 and a 1-year high of $331.09.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (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 analyst estimates 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 and its FY 2025 guidance at 9.980-10.060 EPS. As a group, sell-side analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

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

Marriott International Company Profile

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.