O Shaughnessy Asset Management LLC Has $15.03 Million Stake in Marriott International, Inc. (NASDAQ:MAR)

O Shaughnessy Asset Management LLC increased its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 2.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 53,896 shares of the company’s stock after buying an additional 1,089 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Marriott International were worth $15,034,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in MAR. Hopwood Financial Services Inc. purchased a new position in shares of Marriott International during the 4th quarter valued at $25,000. Bell Investment Advisors Inc grew its stake in Marriott International by 112.2% in the fourth quarter. Bell Investment Advisors Inc now owns 104 shares of the company’s stock valued at $29,000 after purchasing an additional 55 shares in the last quarter. Sound Income Strategies LLC increased its position in Marriott International by 494.4% in the 4th quarter. Sound Income Strategies LLC now owns 107 shares of the company’s stock worth $30,000 after purchasing an additional 89 shares during the last quarter. Wingate Wealth Advisors Inc. acquired a new stake in shares of Marriott International during the 4th quarter valued at about $33,000. Finally, Heck Capital Advisors LLC bought a new stake in shares of Marriott International in the 4th quarter valued at approximately $38,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

Wall Street Analysts Forecast Growth

MAR has been the subject of a number of analyst reports. Mizuho lifted their target price on shares of Marriott International from $246.00 to $293.00 and gave the company a “neutral” rating in a research note on Wednesday, February 12th. Jefferies Financial Group upped their price objective on shares of Marriott International from $251.00 to $295.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. The Goldman Sachs Group raised their target price on Marriott International from $280.00 to $314.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. UBS Group increased their price objective on Marriott International from $294.00 to $301.00 and gave the company a “neutral” rating in a report on Wednesday, February 12th. Finally, Wells Fargo & Company reduced their target price on Marriott International from $285.00 to $277.00 and set an “equal weight” rating for the company in a report on Tuesday, February 18th. Thirteen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $286.05.

Insider Buying and Selling at Marriott International

In other Marriott International news, insider William P. Brown sold 12,642 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $285.63, for a total value of $3,610,934.46. Following the transaction, the insider now directly owns 30,919 shares in the company, valued at $8,831,393.97. The trade was a 29.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kathleen K. Oberg sold 14,498 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $278.07, for a total transaction of $4,031,458.86. Following the sale, the chief financial officer now directly owns 14,282 shares of the company’s stock, valued at approximately $3,971,395.74. The trade was a 50.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 31,694 shares of company stock worth $8,938,132 over the last three months. Company insiders own 12.32% of the company’s stock.

Marriott International Trading Down 3.0 %

Shares of MAR stock opened at $237.01 on Monday. Marriott International, Inc. has a 12 month low of $204.55 and a 12 month high of $307.52. The stock has a 50 day moving average of $272.32 and a two-hundred day moving average of $270.93. The company has a market capitalization of $65.34 billion, a P/E ratio of 28.49, a P/E/G ratio of 3.42 and a beta of 1.58.

Marriott International (NASDAQ:MAR) last issued its earnings results on Tuesday, February 11th. The company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.37 by $0.08. Marriott International had a net margin of 9.46% and a negative return on equity of 116.67%. Sell-side analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

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

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.