Marriott International Inc (NASDAQ:MAR) insider Craig S. Smith sold 5,840 shares of Marriott International stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $136.26, for a total transaction of $795,758.40. Following the transaction, the insider now directly owns 26,317 shares of the company’s stock, valued at approximately $3,585,954.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Marriott International Inc (MAR) traded up $0.32 during trading on Friday, reaching $136.57. 1,704,100 shares of the company traded hands, compared to its average volume of 2,460,150. Marriott International Inc has a 1-year low of $81.04 and a 1-year high of $136.64. The stock has a market capitalization of $49,674.20, a PE ratio of 37.11, a PEG ratio of 3.41 and a beta of 1.35. 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 (NASDAQ:MAR) last released its quarterly earnings results on Tuesday, November 7th. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate 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 period in the previous year, the company earned $0.91 earnings per share. The firm’s revenue for the quarter was up 43.7% compared to the same quarter last year. equities analysts predict that Marriott International Inc will post 4.24 EPS for the current fiscal year.

Marriott International declared that its board has authorized a stock repurchase program on Thursday, November 9th that permits the company to buyback 30,000,000 outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Wednesday, November 22nd will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend is Tuesday, November 21st. Marriott International’s dividend payout ratio (DPR) is presently 35.87%.

A number of institutional investors have recently added to or reduced their stakes in the stock. AHL Partners LLP boosted its stake in Marriott International by 230.4% in the second quarter. AHL Partners LLP now owns 19,615 shares of the company’s stock valued at $1,967,000 after acquiring an additional 13,679 shares during the last quarter. Numeric Investors LLC bought a new stake in shares of Marriott International in the second quarter valued at approximately $772,000. State Board of Administration of Florida Retirement System raised its position in shares of Marriott International by 0.7% in the third quarter. State Board of Administration of Florida Retirement System now owns 467,559 shares of the company’s stock valued at $51,553,000 after purchasing an additional 3,140 shares during the period. Asset Advisors Corp raised its position in shares of Marriott International by 1.0% in the third quarter. Asset Advisors Corp now owns 121,972 shares of the company’s stock valued at $13,449,000 after purchasing an additional 1,175 shares during the period. Finally, Wells Fargo & Company MN raised its position in shares of Marriott International by 28.0% in the second quarter. Wells Fargo & Company MN now owns 1,259,396 shares of the company’s stock valued at $126,329,000 after purchasing an additional 275,382 shares during the period. Institutional investors and hedge funds own 66.65% of the company’s stock.

MAR has been the subject of several research analyst reports. BidaskClub downgraded shares of Marriott International from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 10th. Royal Bank of Canada reaffirmed a “buy” rating on shares of Marriott International in a research note on Tuesday, November 7th. Zacks Investment Research raised shares of Marriott International from a “hold” rating to a “buy” rating and set a $130.00 price target for the company in a research note on Thursday, October 26th. Morgan Stanley reaffirmed a “buy” rating on shares of Marriott International in a research note on Friday, December 8th. Finally, Barclays lifted their price target on shares of Marriott International from $105.00 to $130.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 28th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $111.62.

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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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