Oxbow Advisors LLC purchased a new position in shares of Marriott International Inc (NASDAQ:MAR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,200 shares of the company’s stock, valued at approximately $1,090,000.

A number of other hedge funds have also bought and sold shares of the business. Ironvine Capital Partners LLC bought a new stake in shares of Marriott International during the 4th quarter valued at $33,000. Trustcore Financial Services LLC increased its stake in Marriott International by 2,444.4% in the 4th quarter. Trustcore Financial Services LLC now owns 229 shares of the company’s stock worth $35,000 after acquiring an additional 220 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in Marriott International by 87.5% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 300 shares of the company’s stock worth $37,000 after acquiring an additional 140 shares during the last quarter. NuWave Investment Management LLC increased its stake in Marriott International by 50.5% in the 3rd quarter. NuWave Investment Management LLC now owns 328 shares of the company’s stock worth $39,000 after acquiring an additional 110 shares during the last quarter. Finally, Massey Quick Simon & CO. LLC bought a new position in Marriott International in the 3rd quarter worth about $50,000. 60.89% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have weighed in on MAR. ValuEngine lowered Marriott International from a “hold” rating to a “sell” rating in a research note on Tuesday, January 14th. Zacks Investment Research upgraded Marriott International from a “sell” rating to a “hold” rating and set a $152.00 target price on the stock in a research note on Friday, December 13th. Barclays upped their target price on Marriott International from $135.00 to $147.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 24th. They noted that the move was a valuation call. Wells Fargo & Co reduced their price objective on Marriott International from $135.00 to $130.00 and set a “market perform” rating on the stock in a research report on Friday, October 18th. Finally, BidaskClub upgraded Marriott International from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and four have issued a buy rating to the stock. Marriott International has an average rating of “Hold” and an average price target of $140.33.

In other Marriott International news, insider John W. Marriott III sold 21,700 shares of Marriott International stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $140.30, for a total value of $3,044,510.00. Also, major shareholder Juliana B. Marriott sold 20,000 shares of Marriott International stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $148.93, for a total value of $2,978,600.00. Following the completion of the sale, the insider now directly owns 18,000 shares of the company’s stock, valued at approximately $2,680,740. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 118,162 shares of company stock valued at $17,045,311. 12.60% of the stock is owned by corporate insiders.

Shares of MAR traded down $1.82 on Friday, reaching $144.90. The stock had a trading volume of 2,441,178 shares, compared to its average volume of 1,631,783. The firm has a market capitalization of $47.63 billion, a price-to-earnings ratio of 37.54, a price-to-earnings-growth ratio of 3.40 and a beta of 1.31. The company has a debt-to-equity ratio of 13.63, a quick ratio of 0.51 and a current ratio of 0.51. The company has a 50-day simple moving average of $146.50 and a 200-day simple moving average of $135.36. Marriott International Inc has a 12-month low of $116.85 and a 12-month high of $153.39.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 28th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 1.33%. Marriott International’s dividend payout ratio (DPR) is presently 30.92%.

About Marriott International

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

Further Reading: How Does the Quiet Period Work?

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

Receive News & Ratings for Marriott International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott International and related companies with MarketBeat.com's FREE daily email newsletter.