1,775 Shares in Marriott International, Inc. (NASDAQ:MAR) Bought by Straightline Group LLC

Straightline Group LLC bought a new stake in Marriott International, Inc. (NASDAQ:MAR - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,775 shares of the company's stock, valued at approximately $495,000. Marriott International comprises 0.3% of Straightline Group LLC's investment portfolio, making the stock its 19th biggest position.

Several other institutional investors also recently bought and sold shares of the company. Wescott Financial Advisory Group LLC boosted its holdings in Marriott International by 0.6% during the fourth quarter. Wescott Financial Advisory Group LLC now owns 5,554 shares of the company's stock worth $1,549,000 after buying an additional 35 shares in the last quarter. TFG Advisers LLC grew its holdings in shares of Marriott International by 0.8% in the 4th quarter. TFG Advisers LLC now owns 4,426 shares of the company's stock worth $1,235,000 after acquiring an additional 37 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in Marriott International by 1.2% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,290 shares of the company's stock valued at $918,000 after purchasing an additional 38 shares in the last quarter. Evermay Wealth Management LLC boosted its position in Marriott International by 1.1% during the fourth quarter. Evermay Wealth Management LLC now owns 3,415 shares of the company's stock worth $953,000 after purchasing an additional 38 shares in the last quarter. Finally, Essex Financial Services Inc. grew its holdings in Marriott International by 1.3% in the fourth quarter. Essex Financial Services Inc. now owns 3,004 shares of the company's stock valued at $838,000 after purchasing an additional 39 shares during the last quarter. 70.70% of the stock is owned by institutional investors and hedge funds.

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Marriott International Trading Up 1.0 %

Shares of Marriott International stock traded up $2.30 during trading hours on Friday, reaching $225.22. The stock had a trading volume of 2,013,785 shares, compared to its average volume of 1,568,203. The firm has a market capitalization of $62.15 billion, a price-to-earnings ratio of 27.07, a P/E/G ratio of 3.42 and a beta of 1.42. Marriott International, Inc. has a 1 year low of $204.55 and a 1 year high of $307.52. The firm has a 50 day simple moving average of $257.79 and a two-hundred day simple moving average of $269.36.

Marriott International (NASDAQ:MAR - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.37 by $0.08. Marriott International had a negative return on equity of 116.67% and a net margin of 9.46%. Sell-side analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, February 27th were paid a dividend of $0.63 per share. The ex-dividend date was Thursday, February 27th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.12%. Marriott International's dividend payout ratio is currently 30.29%.

Analyst Ratings Changes

MAR has been the topic of several recent research reports. Mizuho boosted their price objective on shares of Marriott International from $246.00 to $293.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 12th. Barclays dropped their price objective on shares of Marriott International from $287.00 to $283.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 12th. Susquehanna upped their target price on Marriott International from $255.00 to $285.00 and gave the company a "neutral" rating in a research note on Wednesday, February 12th. Morgan Stanley raised their price target on Marriott International from $289.00 to $298.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 4th. Finally, Wells Fargo & Company reduced their price objective on Marriott International from $285.00 to $277.00 and set an "equal weight" rating on the stock in a research report on Tuesday, February 18th. Thirteen equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $282.60.

Insider Transactions at Marriott International

In other news, Director Susan C. Schwab sold 1,054 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $277.48, for a total transaction of $292,463.92. Following the completion of the sale, the director now owns 4,551 shares of the company's stock, valued at approximately $1,262,811.48. This trade represents a 18.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Rena Hozore Reiss sold 3,500 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $286.65, for a total transaction of $1,003,275.00. Following the transaction, the executive vice president now owns 24,733 shares in the company, valued at $7,089,714.45. This trade represents a 12.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 31,694 shares of company stock valued at $8,938,132. Corporate insiders own 12.32% of the company's stock.

Marriott International Company Profile

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.