Marriott International Inc (NASDAQ:MAR) EVP Edward A. Ryan sold 5,900 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $127.22, for a total value of $750,598.00. Following the completion of the transaction, the executive vice president now owns 61,956 shares in the company, valued at approximately $7,882,042.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of Marriott International Inc (NASDAQ:MAR) opened at $127.30 on Thursday. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 1.83. Marriott International Inc has a 1-year low of $81.04 and a 1-year high of $129.56. The stock has a market cap of $46,495.05, a price-to-earnings ratio of 31.18, a price-to-earnings-growth ratio of 3.19 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last issued its earnings results on Tuesday, November 7th. The company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.12. Marriott International had a net margin of 6.30% and a return on equity of 31.58%. The business had revenue of $5.66 billion for the quarter, compared to analysts’ expectations of $5.22 billion. During the same quarter in the previous year, the firm posted $0.91 EPS. The business’s revenue for the quarter was up 43.7% compared to the same quarter last year. equities research analysts forecast that Marriott International Inc will post 4.24 earnings per share for the current fiscal year.

Marriott International announced that its Board of Directors has initiated a share repurchase plan on Thursday, November 9th that allows the company to buyback 30,000,000 outstanding shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Wednesday, November 22nd will be issued a dividend of $0.33 per share. The ex-dividend date is Tuesday, November 21st. This represents a $1.32 dividend on an annualized basis and a yield of 1.04%. Marriott International’s payout ratio is 35.87%.

A number of brokerages have recently weighed in on MAR. J P Morgan Chase & Co restated an “overweight” rating and issued a $113.00 target price (up previously from $111.00) on shares of Marriott International in a research note on Wednesday, August 9th. Morgan Stanley lifted their price target on shares of Marriott International from $110.00 to $112.00 and gave the stock an “overweight” rating in a report on Thursday, November 9th. Berenberg Bank reaffirmed a “buy” rating and issued a $125.00 price target on shares of Marriott International in a report on Friday, August 18th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $115.00 price target (up previously from $98.00) on shares of Marriott International in a report on Wednesday, November 8th. Finally, SunTrust Banks lifted their price target on shares of Marriott International to $108.00 and gave the stock a “hold” rating in a report on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the stock. Marriott International has a consensus rating of “Buy” and an average target price of $110.09.

A number of hedge funds have recently modified their holdings of MAR. NGAM Advisors L.P. raised its holdings in Marriott International by 25.4% during the 2nd quarter. NGAM Advisors L.P. now owns 14,083 shares of the company’s stock valued at $1,413,000 after acquiring an additional 2,851 shares during the period. Harbour Capital Advisors LLC grew its position in shares of Marriott International by 9,931.0% during the 2nd quarter. Harbour Capital Advisors LLC now owns 40,425 shares of the company’s stock valued at $403,000 after purchasing an additional 40,022 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Marriott International by 34.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 25,796 shares of the company’s stock valued at $2,588,000 after purchasing an additional 6,603 shares in the last quarter. Korea Investment CORP grew its position in shares of Marriott International by 94.2% during the 2nd quarter. Korea Investment CORP now owns 77,880 shares of the company’s stock valued at $7,812,000 after purchasing an additional 37,771 shares in the last quarter. Finally, First Bank & Trust grew its position in shares of Marriott International by 1.2% during the 2nd quarter. First Bank & Trust now owns 1,701 shares of the company’s stock valued at $171,000 after purchasing an additional 20 shares in the last quarter. 66.83% of the stock is currently owned by institutional investors and hedge funds.

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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.

Insider Buying and Selling by Quarter for Marriott International (NASDAQ:MAR)

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