Fort Washington Investment Advisors Inc. OH lowered its holdings in shares of Marriott International Inc (NASDAQ:MAR) by 4.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,934 shares of the company’s stock after selling 3,541 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Marriott International were worth $10,818,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MAR. USS Investment Management Ltd acquired a new stake in shares of Marriott International during the third quarter worth about $122,802,000. Janus Henderson Group PLC raised its position in shares of Marriott International by 43.7% during the second quarter. Janus Henderson Group PLC now owns 2,231,283 shares of the company’s stock worth $282,481,000 after purchasing an additional 678,714 shares during the period. Natixis raised its position in shares of Marriott International by 2,495.3% during the second quarter. Natixis now owns 350,048 shares of the company’s stock worth $44,316,000 after purchasing an additional 336,560 shares during the period. FMR LLC raised its position in shares of Marriott International by 2.0% during the second quarter. FMR LLC now owns 15,041,003 shares of the company’s stock worth $1,904,190,000 after purchasing an additional 295,877 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its position in shares of Marriott International by 10.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 3,188,135 shares of the company’s stock worth $403,617,000 after purchasing an additional 290,784 shares during the period. 61.93% of the stock is currently owned by institutional investors.

NASDAQ:MAR opened at $116.55 on Wednesday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 3.75. The stock has a market cap of $39.25 billion, a P/E ratio of 19.54, a PEG ratio of 1.62 and a beta of 1.38. Marriott International Inc has a 52-week low of $106.96 and a 52-week high of $149.21.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Monday, November 5th. The company reported $1.70 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.31 by $0.39. The business had revenue of $5.05 billion during the quarter, compared to the consensus estimate of $5.28 billion. Marriott International had a return on equity of 68.01% and a net margin of 7.95%. Marriott International’s quarterly revenue was down .6% on a year-over-year basis. During the same period last year, the company earned $1.10 earnings per share. On average, research analysts predict that Marriott International Inc will post 6.15 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 31st. Shareholders of record on Wednesday, November 21st will be paid a $0.41 dividend. The ex-dividend date is Tuesday, November 20th. This represents a $1.64 dividend on an annualized basis and a yield of 1.41%. Marriott International’s dividend payout ratio is 37.61%.

A number of research analysts recently issued reports on MAR shares. Robert W. Baird reiterated a “hold” rating and set a $135.00 price objective on shares of Marriott International in a report on Wednesday, August 8th. BidaskClub upgraded Marriott International from a “sell” rating to a “hold” rating in a report on Tuesday, September 11th. Zacks Investment Research downgraded Marriott International from a “hold” rating to a “sell” rating in a report on Wednesday, July 18th. Morgan Stanley decreased their price objective on Marriott International from $138.00 to $123.00 and set a “hold” rating for the company in a report on Thursday, November 8th. Finally, Jefferies Financial Group set a $124.00 price objective on Marriott International and gave the stock a “hold” rating in a report on Wednesday, November 7th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $140.93.

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Marriott International Company Profile

Marriott International, Inc operates, franchises, and licenses hotel, residential, and timeshare properties worldwide. The company operates through three segments: North American Full-Service, North American Limited-Service, and Asia Pacific. It operates its properties under the JW Marriott, The Ritz-Carlton, W Hotels, The Luxury Collection, St.

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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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