Shares of Marriott International (NASDAQ:MAR) have been assigned a consensus rating of “Buy” from the twenty-two analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $98.97.

Several equities research analysts have issued reports on MAR shares. Wolfe Research raised shares of Marriott International from a “market perform” rating to an “outperform” rating in a research note on Wednesday, August 30th. BidaskClub cut shares of Marriott International from a “buy” rating to a “hold” rating in a research note on Wednesday, July 5th. J P Morgan Chase & Co reissued an “overweight” rating and set a $113.00 price target (up previously from $111.00) on shares of Marriott International in a research report on Wednesday, August 9th. Barclays PLC reissued a “hold” rating and set a $105.00 price target on shares of Marriott International in a research report on Friday, May 12th. Finally, Berenberg Bank reissued a “buy” rating and set a $125.00 price target on shares of Marriott International in a research report on Friday, August 18th.

In other Marriott International news, insider J W. Marriott, Jr. sold 10,376 shares of the business’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $102.01, for a total transaction of $1,058,455.76. Following the sale, the insider now directly owns 229,648 shares in the company, valued at $23,426,392.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Anthony Capuano sold 5,000 shares of the business’s stock in a transaction dated Friday, June 30th. The stock was sold at an average price of $100.72, for a total transaction of $503,600.00. Following the sale, the executive vice president now owns 56,405 shares in the company, valued at $5,681,111.60. The disclosure for this sale can be found here. Insiders have sold 71,129 shares of company stock worth $7,174,503 over the last quarter. Insiders own 11.32% of the company’s stock.

A number of large investors have recently modified their holdings of MAR. Canada Pension Plan Investment Board increased its stake in Marriott International by 69,461.1% during the first quarter. Canada Pension Plan Investment Board now owns 37,563 shares of the company’s stock worth $3,538,000 after purchasing an additional 37,509 shares during the period. Geneva Advisors LLC increased its stake in Marriott International by 1.3% during the first quarter. Geneva Advisors LLC now owns 2,893 shares of the company’s stock worth $272,000 after purchasing an additional 38 shares during the period. Commerzbank Aktiengesellschaft FI increased its stake in Marriott International by 12.8% during the first quarter. Commerzbank Aktiengesellschaft FI now owns 50,612 shares of the company’s stock worth $4,767,000 after purchasing an additional 5,758 shares during the period. ING Groep NV purchased a new stake in Marriott International during the first quarter worth about $1,548,000. Finally, Eqis Capital Management Inc. increased its stake in Marriott International by 7.2% during the first quarter. Eqis Capital Management Inc. now owns 2,864 shares of the company’s stock worth $270,000 after purchasing an additional 193 shares during the period. Institutional investors own 65.93% of the company’s stock.

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Marriott International (NASDAQ:MAR) traded down 0.47% during midday trading on Wednesday, reaching $101.80. 1,263,386 shares of the company were exchanged. The stock has a market capitalization of $37.91 billion, a P/E ratio of 33.41 and a beta of 1.36. Marriott International has a 52 week low of $65.91 and a 52 week high of $110.51. The firm’s 50 day moving average price is $102.02 and its 200-day moving average price is $98.29.

Marriott International (NASDAQ:MAR) last announced its earnings results on Monday, August 7th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.11. Marriott International had a net margin of 5.27% and a return on equity of 26.26%. The company had revenue of $5.80 billion for the quarter, compared to analysts’ expectations of $5.73 billion. During the same quarter in the previous year, the company posted $1.03 EPS. The firm’s quarterly revenue was up 48.5% on a year-over-year basis. Equities analysts forecast that Marriott International will post $4.13 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 24th will be issued a $0.33 dividend. The ex-dividend date of this dividend is Tuesday, August 22nd. This represents a $1.32 annualized dividend and a yield of 1.30%. Marriott International’s dividend payout ratio (DPR) is currently 45.52%.

Marriott International Company Profile

Marriott International, Inc (Marriott International) is a lodging company. Marriott International operates in three business segments: North American Full-Service, North American Limited-Service and International. Its North American Full-Service segment includes its Luxury and Premium brands (JW Marriott, Marriott Hotels, Sheraton, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Gaylord Hotels, and Tribute Portfolio) located in the United States and Canada.

Analyst Recommendations for Marriott International (NASDAQ:MAR)

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