Fiduciary Alliance LLC Makes New $691,000 Investment in Marriott International, Inc. (NASDAQ:MAR)

Fiduciary Alliance LLC acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,477 shares of the company's stock, valued at approximately $691,000.

Several other institutional investors also recently made changes to their positions in MAR. Silvant Capital Management LLC purchased a new stake in Marriott International during the 3rd quarter worth $31,000. Darwin Wealth Management LLC purchased a new stake in Marriott International during the 3rd quarter worth $33,000. Cyrus J. Lawrence LLC purchased a new stake in Marriott International during the 2nd quarter worth $36,000. ORG Partners LLC boosted its position in Marriott International by 158.5% in the 4th quarter. ORG Partners LLC now owns 137 shares of the company's stock valued at $38,000 after buying an additional 84 shares during the last quarter. Finally, Kathleen S. Wright Associates Inc. purchased a new position in Marriott International in the 3rd quarter valued at about $40,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Benjamin T. Breland sold 500 shares of Marriott International stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $274.49, for a total transaction of $137,245.00. Following the completion of the transaction, the executive vice president now directly owns 12,286 shares of the company's stock, valued at $3,372,384.14. This trade represents a 3.91 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider William P. Brown sold 1,707 shares of Marriott International stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $284.30, for a total transaction of $485,300.10. Following the transaction, the insider now directly owns 23,077 shares of the company's stock, valued at $6,560,791.10. This represents a 6.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,815 shares of company stock worth $3,919,739 in the last ninety days. Insiders own 12.32% of the company's stock.

Analyst Upgrades and Downgrades

MAR has been the subject of a number of analyst reports. The Goldman Sachs Group upped their price objective on shares of Marriott International from $280.00 to $314.00 and gave the company a "buy" rating in a research report on Tuesday, December 10th. Robert W. Baird increased their price objective on shares of Marriott International from $258.00 to $264.00 and gave the stock a "neutral" rating in a research note on Tuesday, November 5th. Jefferies Financial Group upped their target price on shares of Marriott International from $251.00 to $295.00 and gave the stock a "hold" rating in a research report on Thursday, January 2nd. Evercore ISI increased their price objective on shares of Marriott International from $245.00 to $270.00 and gave the company an "in-line" rating in a report on Monday, October 21st. Finally, Wells Fargo & Company raised their target price on shares of Marriott International from $238.00 to $261.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 22nd. Fourteen equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $269.65.

Marriott International Stock Performance

Shares of Marriott International stock traded up $4.14 during midday trading on Tuesday, reaching $276.43. 1,105,994 shares of the company's stock traded hands, compared to its average volume of 1,237,633. The company has a market cap of $76.82 billion, a price-to-earnings ratio of 28.92, a price-to-earnings-growth ratio of 5.47 and a beta of 1.57. The company's 50 day simple moving average is $282.31 and its 200 day simple moving average is $255.12. Marriott International, Inc. has a 52 week low of $204.55 and a 52 week high of $295.45.

Marriott International (NASDAQ:MAR - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The company reported $2.26 earnings per share for the quarter, missing analysts' consensus estimates of $2.31 by ($0.05). Marriott International had a net margin of 11.18% and a negative return on equity of 177.91%. The business had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.27 billion. During the same quarter in the prior year, the business posted $2.11 EPS. The firm's revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, equities research analysts predict that Marriott International, Inc. will post 9.26 earnings per share for the current year.

Marriott International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, November 21st were given a $0.63 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $2.52 annualized dividend and a yield of 0.91%. Marriott International's dividend payout ratio is 26.36%.

Marriott International 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.