Marriott International, Inc. (NASDAQ:MAR) Stock Holdings Boosted by Tilia Fiduciary Partners Inc.

Tilia Fiduciary Partners Inc. grew its position in Marriott International, Inc. (NASDAQ:MAR) by 2.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 9,760 shares of the company’s stock after buying an additional 269 shares during the period. Marriott International makes up approximately 1.9% of Tilia Fiduciary Partners Inc.’s investment portfolio, making the stock its 13th largest position. Tilia Fiduciary Partners Inc.’s holdings in Marriott International were worth $2,723,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. PointState Capital LP acquired a new position in shares of Marriott International during the third quarter valued at approximately $98,249,000. Canoe Financial LP acquired a new stake in Marriott International in the 3rd quarter valued at about $77,331,000. International Assets Investment Management LLC raised its holdings in shares of Marriott International by 15,148.3% in the 3rd quarter. International Assets Investment Management LLC now owns 302,527 shares of the company’s stock worth $75,208,000 after purchasing an additional 300,543 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Marriott International by 36,856.7% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 241,327 shares of the company’s stock worth $58,346,000 after buying an additional 240,674 shares in the last quarter. Finally, AXA S.A. lifted its position in shares of Marriott International by 133.4% during the 2nd quarter. AXA S.A. now owns 221,045 shares of the company’s stock valued at $53,442,000 after acquiring an additional 126,323 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company’s stock.

Insider Activity at Marriott International

In other Marriott International news, CFO Kathleen K. Oberg sold 2,360 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $285.41, for a total transaction of $673,567.60. Following the sale, the chief financial officer now directly owns 39,726 shares in the company, valued at approximately $11,338,197.66. This trade represents a 5.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Anthony Capuano sold 8,332 shares of Marriott International stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $284.49, for a total value of $2,370,370.68. Following the completion of the sale, the chief executive officer now directly owns 108,361 shares in the company, valued at $30,827,620.89. This represents a 7.14 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 13,815 shares of company stock worth $3,919,739. 12.32% of the stock is owned by insiders.

Marriott International Stock Performance

Shares of NASDAQ MAR traded down $2.77 during trading on Friday, reaching $270.76. The company had a trading volume of 1,282,452 shares, compared to its average volume of 1,242,840. The stock has a market cap of $75.24 billion, a PE ratio of 28.32, a PEG ratio of 5.47 and a beta of 1.57. The business’s 50 day moving average price is $281.79 and its 200-day moving average price is $254.57. Marriott International, Inc. has a 52 week low of $204.55 and a 52 week high of $295.45.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Monday, November 4th. The company reported $2.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.31 by ($0.05). Marriott International had a net margin of 11.18% and a negative return on equity of 177.91%. The firm had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.27 billion. During the same quarter in the prior year, the business earned $2.11 EPS. Marriott International’s revenue was up 5.5% on a year-over-year basis. Equities analysts anticipate that Marriott International, Inc. will post 9.26 earnings per share for the current year.

Marriott International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, November 21st were given a $0.63 dividend. The ex-dividend date was Thursday, November 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.93%. Marriott International’s dividend payout ratio is currently 26.36%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Sanford C. Bernstein increased their price target on Marriott International from $262.00 to $290.00 and gave the company an “outperform” rating in a research report on Tuesday, November 5th. Bank of America raised their target price on Marriott International from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. BMO Capital Markets lifted their target price on Marriott International from $255.00 to $265.00 and gave the company a “market perform” rating in a research note on Tuesday, November 5th. TD Cowen lowered their price target on Marriott International from $295.00 to $283.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Finally, The Goldman Sachs Group increased their price target on Marriott International from $280.00 to $314.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Fourteen analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Marriott International has a consensus rating of “Hold” and a consensus target price of $269.65.

About Marriott International

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.