Marriott International, Inc. (NASDAQ:MAR) Shares Sold by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund lowered its stake in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 6.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 279,505 shares of the company's stock after selling 17,867 shares during the quarter. Marriott International makes up about 3.0% of United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund's holdings, making the stock its 10th biggest position. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund owned 0.10% of Marriott International worth $77,965,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Hopwood Financial Services Inc. purchased a new stake in Marriott International in the fourth quarter valued at approximately $25,000. Bell Investment Advisors Inc boosted its stake 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 period. Sound Income Strategies LLC increased its stake in Marriott International by 494.4% in the fourth quarter. Sound Income Strategies LLC now owns 107 shares of the company's stock valued at $30,000 after purchasing an additional 89 shares during the period. Wingate Wealth Advisors Inc. purchased a new stake in shares of Marriott International in the fourth quarter valued at about $33,000. Finally, ORG Partners LLC grew its holdings in shares of Marriott International by 158.5% during the fourth quarter. ORG Partners LLC now owns 137 shares of the company's stock worth $38,000 after buying an additional 84 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company's stock.

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Marriott International Stock Down 3.0 %

Shares of Marriott International stock traded down $7.44 during trading on Friday, hitting $237.01. 1,570,675 shares of the company were exchanged, compared to its average volume of 1,501,473. The firm has a 50 day moving average price of $272.32 and a 200 day moving average price of $270.62. The stock has a market capitalization of $65.34 billion, a price-to-earnings ratio of 28.49, a P/E/G ratio of 3.42 and a beta of 1.58. Marriott International, Inc. has a fifty-two week low of $204.55 and a fifty-two week high of $307.52.

Marriott International (NASDAQ:MAR - Get Free Report) last posted 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 negative return on equity of 116.67% and a net margin of 9.46%. Analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

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

Insider Activity

In other Marriott International news, Director Susan C. Schwab sold 1,054 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $277.48, for a total transaction of $292,463.92. Following the transaction, the director now owns 4,551 shares of the company's stock, valued at $1,262,811.48. This trade represents a 18.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider William P. Brown sold 12,642 shares of the company's 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 sale, the insider now owns 30,919 shares of the company's stock, valued at approximately $8,831,393.97. The trade was a 29.02 % decrease in their ownership of the stock. 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. Company insiders own 12.32% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on MAR shares. Wells Fargo & Company decreased their price objective on Marriott International from $285.00 to $277.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 18th. The Goldman Sachs Group boosted their price objective on shares of Marriott International from $280.00 to $314.00 and gave the company a "buy" rating in a research note on Tuesday, December 10th. Argus raised their target price on shares of Marriott International from $300.00 to $330.00 and gave the stock a "buy" rating in a research note on Thursday, January 16th. Barclays cut their price target on shares of Marriott International from $287.00 to $283.00 and set an "equal weight" rating for the company in a report on Wednesday, February 12th. Finally, 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. Thirteen research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $286.05.

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.