Marriott International, Inc. (NASDAQ:MAR) Shares Bought by Barclays PLC

Barclays PLC boosted its position in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 873,286 shares of the company's stock after purchasing an additional 38,612 shares during the quarter. Barclays PLC owned approximately 0.31% of Marriott International worth $243,595,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MAR. Hopwood Financial Services Inc. purchased a new stake in Marriott International in the fourth quarter valued at about $25,000. Bernard Wealth Management Corp. acquired a new stake in Marriott International in the 4th quarter worth approximately $25,000. Bell Investment Advisors Inc grew its position in Marriott International by 112.2% during the 4th quarter. Bell Investment Advisors Inc now owns 104 shares of the company's stock worth $29,000 after purchasing an additional 55 shares during the last quarter. Sound Income Strategies LLC increased its stake in Marriott International by 494.4% during the 4th quarter. Sound Income Strategies LLC now owns 107 shares of the company's stock valued at $30,000 after purchasing an additional 89 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. acquired a new stake in shares of Marriott International during the fourth quarter worth $33,000. 70.70% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MAR. Barclays reduced their target price on 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. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $245.00 target price (down previously from $313.00) on shares of Marriott International in a report on Monday. Mizuho increased their price target on shares of Marriott International from $246.00 to $293.00 and gave the stock a "neutral" rating in a report on Wednesday, February 12th. Stifel Nicolaus dropped their price objective on shares of Marriott International from $295.00 to $240.00 and set a "hold" rating on the stock in a report on Wednesday. Finally, UBS Group increased their price target on Marriott International from $294.00 to $301.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 12th. Fourteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $277.00.

Marriott International Stock Performance

Shares of NASDAQ:MAR traded up $1.62 during midday trading on Friday, hitting $220.41. The company's stock had a trading volume of 1,523,436 shares, compared to its average volume of 1,564,767. The business's 50 day simple moving average is $251.42 and its 200 day simple moving average is $268.42. Marriott International, Inc. has a 12-month low of $204.55 and a 12-month high of $307.52. The company has a market cap of $60.82 billion, a P/E ratio of 26.49, a price-to-earnings-growth ratio of 3.42 and a beta of 1.42.

Marriott International (NASDAQ:MAR - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $2.45 EPS for the quarter, topping 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%. On average, sell-side analysts predict that Marriott International, Inc. will post 10.1 earnings per share 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 given a $0.63 dividend. The ex-dividend date was Thursday, February 27th. This represents a $2.52 annualized dividend and a yield of 1.14%. Marriott International's payout ratio is 30.29%.

Insiders Place Their Bets

In other news, Director Susan C. Schwab sold 1,054 shares of the company'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 value of $292,463.92. Following the transaction, the director now directly owns 4,551 shares in the company, valued at approximately $1,262,811.48. This represents a 18.80 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Rena Hozore Reiss sold 3,500 shares of Marriott International stock in a transaction that occurred 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 completion of the sale, the executive vice president now owns 24,733 shares of the company's stock, 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 sold a total of 31,694 shares of company stock valued at $8,938,132 over the last quarter. 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.