Marriott International, Inc. (NASDAQ:MAR) Stock Holdings Decreased by Mcdonald Partners LLC

Mcdonald Partners LLC lessened its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 0.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,790 shares of the company’s stock after selling 71 shares during the period. Mcdonald Partners LLC’s holdings in Marriott International were worth $3,227,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MAR. Roble Belko & Company Inc grew its stake in Marriott International by 845.5% during the 1st quarter. Roble Belko & Company Inc now owns 104 shares of the company’s stock worth $26,000 after buying an additional 93 shares during the last quarter. ORG Partners LLC boosted its stake in Marriott International by 72.6% during the 4th quarter. ORG Partners LLC now owns 126 shares of the company’s stock valued at $29,000 after purchasing an additional 53 shares during the period. Keener Financial Planning LLC bought a new stake in shares of Marriott International during the fourth quarter valued at approximately $30,000. Anchor Investment Management LLC acquired a new position in shares of Marriott International during the fourth quarter worth approximately $31,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in Marriott International in the 4th quarter valued at approximately $33,000. 70.70% of the stock is currently owned by institutional investors.

Marriott International Trading Down 1.4 %

MAR traded down $3.32 during midday trading on Wednesday, reaching $241.51. The company’s stock had a trading volume of 1,530,612 shares, compared to its average volume of 1,424,750. Marriott International, Inc. has a twelve month low of $172.80 and a twelve month high of $260.57. The stock has a market cap of $68.98 billion, a P/E ratio of 24.92, a PEG ratio of 4.61 and a beta of 1.60. The company has a fifty day simple moving average of $237.12 and a 200 day simple moving average of $238.81.

Marriott International (NASDAQ:MAR) last released its earnings results on Wednesday, May 1st. The company reported $2.13 EPS for the quarter, missing the consensus estimate of $2.17 by ($0.04). Marriott International had a net margin of 12.00% and a negative return on equity of 376.88%. The company had revenue of $5.98 billion for the quarter, compared to analyst estimates of $5.95 billion. During the same quarter in the previous year, the company earned $2.09 earnings per share. Marriott International’s revenue for the quarter was up 6.4% compared to the same quarter last year. Sell-side analysts expect that Marriott International, Inc. will post 9.55 earnings per share for the current year.

Marriott International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 24th will be given a $0.63 dividend. This is a boost from Marriott International’s previous quarterly dividend of $0.52. This represents a $2.52 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend is Thursday, May 23rd. Marriott International’s dividend payout ratio (DPR) is 26.01%.

Analyst Ratings Changes

Several research analysts have recently issued reports on MAR shares. Robert W. Baird increased their price target on Marriott International from $248.00 to $250.00 and gave the stock a “neutral” rating in a research note on Thursday, May 2nd. Mizuho increased their price objective on Marriott International from $260.00 to $265.00 and gave the stock a “neutral” rating in a research note on Thursday, May 2nd. UBS Group increased their target price on shares of Marriott International from $210.00 to $259.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 28th. Barclays boosted their price target on shares of Marriott International from $239.00 to $240.00 and gave the company an “equal weight” rating in a report on Friday, April 19th. Finally, BMO Capital Markets lifted their price objective on Marriott International from $235.00 to $240.00 and gave the company a “market perform” rating in a research report on Thursday, May 2nd. Twelve investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $242.19.

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, and City Express by Marriott brand names, as well as operates residences, timeshares, and yachts.