Marriott International, Inc. (NASDAQ:MAR) Shares Bought by Lansdowne Partners UK LLP

Lansdowne Partners UK LLP lifted its stake in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 23.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,402 shares of the company's stock after purchasing an additional 1,985 shares during the period. Marriott International accounts for approximately 0.2% of Lansdowne Partners UK LLP's holdings, making the stock its 15th largest position. Lansdowne Partners UK LLP's holdings in Marriott International were worth $2,902,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of MAR. MML Investors Services LLC lifted its stake in shares of Marriott International by 1.8% during the 3rd quarter. MML Investors Services LLC now owns 19,570 shares of the company's stock valued at $4,865,000 after buying an additional 351 shares in the last quarter. Invst LLC lifted its position in shares of Marriott International by 3.1% in the third quarter. Invst LLC now owns 8,258 shares of the company's stock valued at $2,053,000 after acquiring an additional 252 shares in the last quarter. Diamant Asset Management Inc. bought a new position in shares of Marriott International in the third quarter worth about $373,000. Sanctuary Advisors LLC raised its stake in Marriott International by 5.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 36,251 shares of the company's stock valued at $9,012,000 after purchasing an additional 1,974 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in Marriott International in the 3rd quarter worth approximately $1,260,000. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group reduced their price objective on shares of Marriott International from $295.00 to $226.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Barclays decreased their price target on shares of Marriott International from $287.00 to $283.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 12th. UBS Group lifted their target price on Marriott International from $294.00 to $301.00 and gave the stock 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 company a "buy" rating in a research note on Thursday, January 16th. Finally, Mizuho upped their price objective on Marriott International from $246.00 to $293.00 and gave the stock a "neutral" rating in a report on Wednesday, February 12th. Fourteen investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Marriott International currently has an average rating of "Hold" and a consensus target price of $279.15.

Marriott International Price Performance

Shares of NASDAQ:MAR traded down $0.91 on Tuesday, hitting $222.58. 1,204,622 shares of the company's stock were exchanged, compared to its average volume of 1,567,071. The business's 50 day simple moving average is $254.81 and its two-hundred day simple moving average is $268.96. The stock has a market capitalization of $61.42 billion, a price-to-earnings ratio of 26.75, a price-to-earnings-growth ratio of 3.42 and a beta of 1.42. Marriott International, Inc. has a 12 month low of $204.55 and a 12 month high of $307.52.

Marriott International (NASDAQ:MAR - Get Free Report) last issued its earnings results on Tuesday, February 11th. The company reported $2.45 EPS for the quarter, topping analysts' consensus estimates of $2.37 by $0.08. Marriott International had a net margin of 9.46% and a negative return on equity of 116.67%. Equities analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, February 27th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend was Thursday, February 27th. Marriott International's dividend payout ratio (DPR) is presently 30.29%.

Insiders Place Their Bets

In related news, Director Susan C. Schwab sold 1,054 shares of the company's stock in a transaction on Monday, February 24th. The stock was 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 directly owns 4,551 shares in the company, valued at $1,262,811.48. This represents a 18.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Rena Hozore Reiss sold 3,500 shares of Marriott International stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $286.65, for a total value of $1,003,275.00. Following the completion of 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 31,694 shares of company stock worth $8,938,132 in the last three months. 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.