10,769 Shares in Marriott International, Inc. (NASDAQ:MAR) Bought by Haven Capital Group Inc.

Haven Capital Group Inc. acquired a new position 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 10,769 shares of the company's stock, valued at approximately $3,004,000. Marriott International comprises 2.8% of Haven Capital Group Inc.'s investment portfolio, making the stock its 15th biggest holding.

Other large investors also recently added to or reduced their stakes in the company. Hopwood Financial Services Inc. bought a new stake in Marriott International in the fourth quarter valued at about $25,000. Bell Investment Advisors Inc increased its stake in shares of Marriott International by 112.2% in the 4th quarter. Bell Investment Advisors Inc now owns 104 shares of the company's stock valued at $29,000 after acquiring an additional 55 shares during the last quarter. Sound Income Strategies LLC raised its position in shares of Marriott International by 494.4% in the 4th quarter. Sound Income Strategies LLC now owns 107 shares of the company's stock valued at $30,000 after acquiring an additional 89 shares during the period. Darwin Wealth Management LLC acquired a new position in Marriott International during the third quarter valued at approximately $33,000. Finally, Wingate Wealth Advisors Inc. bought a new stake in Marriott International in the fourth quarter valued at approximately $33,000. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Marriott International Trading Down 3.0 %

Shares of Marriott International stock traded down $7.35 during trading on Friday, hitting $237.49. 4,300,925 shares of the stock were exchanged, compared to its average volume of 1,426,497. Marriott International, Inc. has a 1-year low of $204.55 and a 1-year high of $307.52. The stock has a market capitalization of $65.47 billion, a price-to-earnings ratio of 28.54, a price-to-earnings-growth ratio of 3.42 and a beta of 1.58. The company has a fifty day moving average price of $276.20 and a 200-day moving average price of $269.79.

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Marriott International (NASDAQ:MAR - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The company reported $2.45 earnings per share (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%. Equities research analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 27th will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Thursday, February 27th. Marriott International's payout ratio is presently 30.29%.

Wall Street Analysts Forecast Growth

MAR has been the subject of several research analyst reports. Mizuho boosted their price target on shares of Marriott International from $246.00 to $293.00 and gave the company a "neutral" rating in a report on Wednesday, February 12th. Argus increased their price target on Marriott International from $300.00 to $330.00 and gave the stock a "buy" rating in a report on Thursday, January 16th. Susquehanna lifted their price objective on Marriott International from $255.00 to $285.00 and gave the company a "neutral" rating in a report on Wednesday, February 12th. Barclays dropped their target price on shares of Marriott International from $287.00 to $283.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 12th. Finally, Wells Fargo & Company cut their price objective on shares of 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 given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $286.05.

Insider Transactions at Marriott International

In related news, Director Susan C. Schwab sold 1,054 shares of the business's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $277.48, for a total value of $292,463.92. Following the completion of the sale, the director now directly owns 4,551 shares in the company, valued at $1,262,811.48. The trade was a 18.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider William P. Brown sold 12,642 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $285.63, for a total value of $3,610,934.46. Following the transaction, the insider now owns 30,919 shares in the company, valued at $8,831,393.97. The trade was a 29.02 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 31,694 shares of company stock worth $8,938,132. 12.32% of the stock is owned by insiders.

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.