Mizuho Securities USA LLC Has $6.10 Million Position in Marriott International, Inc. (NASDAQ:MAR)

Mizuho Securities USA LLC increased its position in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 44.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 21,861 shares of the company's stock after purchasing an additional 6,709 shares during the period. Mizuho Securities USA LLC's holdings in Marriott International were worth $6,098,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in MAR. Hopwood Financial Services Inc. acquired a new stake in shares of Marriott International during the fourth quarter worth approximately $25,000. Bell Investment Advisors Inc boosted its stake in shares of Marriott International by 112.2% during the 4th quarter. Bell Investment Advisors Inc now owns 104 shares of the company's stock valued at $29,000 after buying an additional 55 shares during the period. Sound Income Strategies LLC grew its holdings in shares of 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 acquiring an additional 89 shares in the last quarter. Wingate Wealth Advisors Inc. acquired a new position in shares of Marriott International in the fourth quarter worth $33,000. Finally, Heck Capital Advisors LLC acquired a new stake in Marriott International during the fourth quarter valued at $38,000. 70.70% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Marriott International

In other Marriott International news, CFO Kathleen K. Oberg sold 14,498 shares of Marriott International stock in a transaction on Friday, February 21st. The stock was sold at an average price of $278.07, for a total value of $4,031,458.86. Following the completion of the transaction, the chief financial officer now owns 14,282 shares in the company, valued at approximately $3,971,395.74. The trade was a 50.38 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider William P. Brown sold 12,642 shares of the business's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $285.63, for a total transaction of $3,610,934.46. Following the completion of the transaction, the insider now directly owns 30,919 shares of the company's stock, valued at approximately $8,831,393.97. This represents a 29.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 31,694 shares of company stock worth $8,938,132 over the last three months. Company insiders own 12.32% of the company's stock.

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Marriott International Price Performance

Shares of NASDAQ MAR traded up $3.63 during trading hours on Tuesday, reaching $246.55. The stock had a trading volume of 959,307 shares, compared to its average volume of 1,425,926. Marriott International, Inc. has a twelve month low of $204.55 and a twelve month high of $307.52. The business's fifty day moving average is $274.94 and its two-hundred day moving average is $270.47. The company has a market cap of $67.97 billion, a price-to-earnings ratio of 29.63, a PEG ratio of 3.42 and a beta of 1.58.

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, 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%. Sell-side analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 27th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend is Thursday, February 27th. Marriott International's dividend payout ratio is 30.29%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. The Goldman Sachs Group raised their price target on Marriott International from $280.00 to $314.00 and gave the stock a "buy" rating in a research note on Tuesday, December 10th. Stifel Nicolaus lifted their target price on shares of Marriott International from $252.00 to $283.00 and gave the company a "hold" rating in a research note on Tuesday, November 26th. Evercore ISI upgraded shares of Marriott International from an "in-line" rating to an "outperform" rating and set a $330.00 price target on the stock in a report on Tuesday, February 4th. Mizuho upped their price objective 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. Finally, Morgan Stanley upped their price target on Marriott International from $289.00 to $298.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 4th. Thirteen investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $286.05.

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.