Simon Quick Advisors LLC Has $266,000 Stock Holdings in Marriott International, Inc. (NASDAQ:MAR)

Simon Quick Advisors LLC boosted its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 16.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 952 shares of the company’s stock after buying an additional 132 shares during the period. Simon Quick Advisors LLC’s holdings in Marriott International were worth $266,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Silvant Capital Management LLC acquired a new stake in shares of Marriott International during the third quarter worth approximately $31,000. Darwin Wealth Management LLC acquired a new stake in shares of Marriott International during the 3rd quarter valued at $33,000. ORG Partners LLC increased its stake in shares of Marriott International by 158.5% in the fourth quarter. ORG Partners LLC now owns 137 shares of the company’s stock worth $38,000 after acquiring an additional 84 shares during the last quarter. Kathleen S. Wright Associates Inc. purchased a new stake in shares of Marriott International during the third quarter worth $40,000. Finally, Kimelman & Baird LLC purchased a new position in Marriott International in the second quarter valued at about $41,000. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Marriott International Stock Up 1.7 %

Shares of MAR opened at $285.07 on Friday. The stock’s 50-day moving average price is $282.07 and its 200 day moving average price is $256.82. Marriott International, Inc. has a 12-month low of $204.55 and a 12-month high of $295.45. The firm has a market capitalization of $79.22 billion, a price-to-earnings ratio of 29.82, a P/E/G ratio of 4.59 and a beta of 1.57.

Marriott International (NASDAQ:MAR) last issued its earnings results on Monday, November 4th. The company reported $2.26 EPS for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.05). The firm had revenue of $6.26 billion during the quarter, compared to analyst estimates of $6.27 billion. Marriott International had a net margin of 11.18% and a negative return on equity of 177.91%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.11 earnings per share. Equities research analysts expect that Marriott International, Inc. will post 9.25 EPS for the current year.

Marriott International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, November 21st were given a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.88%. The ex-dividend date was Thursday, November 21st. Marriott International’s dividend payout ratio (DPR) is presently 26.36%.

Insider Buying and Selling at Marriott International

In other news, CEO Anthony Capuano sold 8,332 shares of the business’s stock in a transaction on 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 sale, the chief executive officer now owns 108,361 shares in the company, valued at approximately $30,827,620.89. The trade was a 7.14 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider William P. Brown sold 1,707 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $284.30, for a total transaction of $485,300.10. Following the sale, the insider now owns 23,077 shares of the company’s stock, valued at $6,560,791.10. This trade represents a 6.89 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,815 shares of company stock valued at $3,919,739. 12.32% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on MAR shares. Barclays raised their price target on Marriott International from $249.00 to $286.00 and gave the stock an “equal weight” rating in a research note on Friday, December 13th. Sanford C. Bernstein boosted their target price on shares of Marriott International from $262.00 to $290.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. TD Cowen reduced their price objective on shares of Marriott International from $295.00 to $283.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Macquarie reissued a “neutral” rating and set a $245.00 target price on shares of Marriott International in a research report on Tuesday, November 5th. Finally, Bank of America upped their price target on Marriott International from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Fourteen equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $272.15.

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.