Moody Lynn & Lieberson LLC Buys 858 Shares of Marriott International, Inc. (NASDAQ:MAR)

Moody Lynn & Lieberson LLC raised its stake in Marriott International, Inc. (NASDAQ:MAR) by 3.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 22,984 shares of the company’s stock after buying an additional 858 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in Marriott International were worth $6,411,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Marriott International by 4.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,024,187 shares of the company’s stock valued at $254,613,000 after buying an additional 46,563 shares in the last quarter. National Pension Service lifted its holdings in Marriott International by 11.6% during the 3rd quarter. National Pension Service now owns 719,613 shares of the company’s stock worth $178,896,000 after buying an additional 74,832 shares during the period. Janus Henderson Group PLC boosted its holdings in Marriott International by 8.4% in the third quarter. Janus Henderson Group PLC now owns 613,052 shares of the company’s stock valued at $152,399,000 after acquiring an additional 47,551 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Marriott International by 0.5% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 566,548 shares of the company’s stock valued at $140,844,000 after purchasing an additional 2,723 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in Marriott International by 3.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 443,103 shares of the company’s stock worth $110,156,000 after acquiring an additional 12,702 shares during the period. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently commented on MAR. 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 report on Tuesday, November 5th. JPMorgan Chase & Co. lifted their price objective on shares of Marriott International from $251.00 to $269.00 and gave the company a “neutral” rating in a report on Friday, December 13th. Mizuho upped their target price on shares of Marriott International from $233.00 to $246.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. Wells Fargo & Company boosted their price objective on Marriott International from $238.00 to $261.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 22nd. Finally, Macquarie restated a “neutral” rating and issued a $245.00 target price on shares of Marriott International in a report on Tuesday, November 5th. Fourteen research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $272.15.

Insider Activity at Marriott International

In related news, CEO Anthony Capuano sold 8,332 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $284.49, for a total transaction of $2,370,370.68. Following the sale, the chief executive officer now owns 108,361 shares of the company’s stock, valued at approximately $30,827,620.89. This represents a 7.14 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider William P. Brown sold 1,707 shares of Marriott International stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $284.30, for a total value of $485,300.10. Following the transaction, the insider now directly owns 23,077 shares of the company’s stock, valued at $6,560,791.10. The trade was a 6.89 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,815 shares of company stock worth $3,919,739. 12.32% of the stock is owned by corporate insiders.

Marriott International Stock Down 0.3 %

Shares of MAR stock opened at $284.11 on Friday. The firm has a market cap of $78.95 billion, a P/E ratio of 29.72, a PEG ratio of 4.64 and a beta of 1.57. The company has a 50 day moving average of $282.24 and a 200-day moving average of $257.32. Marriott International, Inc. has a 12-month low of $204.55 and a 12-month high of $295.45.

Marriott International (NASDAQ:MAR) last issued its 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). The firm had revenue of $6.26 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.11 earnings per share. As a group, equities analysts expect that Marriott International, Inc. will post 9.25 EPS for the current year.

Marriott International Announces Dividend

The firm 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. This represents a $2.52 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend was Thursday, November 21st. Marriott International’s dividend payout ratio (DPR) is currently 26.36%.

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.