Concurrent Investment Advisors LLC Acquires 3,688 Shares of Marriott International, Inc. $MAR

Key Points

• Concurrent Investment Advisors LLC increased its stake in Marriott by 44.5% in Q4, buying 3,688 shares to hold 11,977 shares valued at about $3.716 million.
• Insiders were net sellers last quarter: CEO Anthony Capuano sold 63,000 shares for roughly $22.63 million, with insiders selling 95,540 shares totaling $34.27 million and now owning 11.43% of the company.
• Several analysts raised price targets (e.g., Jefferies to $415, Wells Fargo to $403, Goldman to $398), leaving Marriott with an average analyst rating of Moderate Buy and an average price target of $357.27.

Concurrent Investment Advisors LLC boosted its holdings in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 44.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,977 shares of the company's stock after purchasing an additional 3,688 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Marriott International were worth $3,716,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ProVise Management Group LLC purchased a new position in Marriott International during the fourth quarter valued at $217,000. Cherokee Insurance Co bought a new position in Marriott International in the 4th quarter worth about $209,000. Segment Wealth Management LLC increased its stake in Marriott International by 1.3% during the 4th quarter. Segment Wealth Management LLC now owns 60,549 shares of the company's stock valued at $18,785,000 after purchasing an additional 749 shares in the last quarter. China Universal Asset Management Co. Ltd. lifted its stake in shares of Marriott International by 6.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 7,594 shares of the company's stock worth $2,356,000 after buying an additional 428 shares in the last quarter. Finally, Nadler Financial Group Inc. bought a new stake in shares of Marriott International during the fourth quarter valued at approximately $203,000. Institutional investors own 70.70% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on MAR shares. Wells Fargo & Company boosted their price target on Marriott International from $353.00 to $403.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 11th. Jefferies Financial Group upped their target price on shares of Marriott International from $357.00 to $415.00 and gave the company a "buy" rating in a research note on Wednesday, February 11th. Evercore boosted their price objective on shares of Marriott International from $320.00 to $350.00 and gave the company an "outperform" rating in a report on Thursday, January 22nd. The Goldman Sachs Group boosted their target price on shares of Marriott International from $355.00 to $398.00 and gave the company a "buy" rating in a research note on Wednesday, February 11th. Finally, Morgan Stanley lifted their price objective on Marriott International from $331.00 to $350.00 and gave the stock an "overweight" rating in a report on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat.com, Marriott International presently has an average rating of "Moderate Buy" and an average price target of $357.27.

Insiders Place Their Bets

In related news, CEO Anthony Capuano sold 63,000 shares of the company's stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $359.22, for a total value of $22,630,860.00. Following the completion of the transaction, the chief executive officer owned 113,617 shares of the company's stock, valued at approximately $40,813,498.74. This represents a 35.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Drew Pinto sold 4,000 shares of the firm's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $359.81, for a total value of $1,439,240.00. Following the sale, the executive vice president directly owned 8,221 shares in the company, valued at approximately $2,957,998.01. This represents a 32.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 95,540 shares of company stock valued at $34,274,055. Insiders own 11.43% of the company's stock.

Marriott International Stock Performance

Shares of Marriott International stock opened at $360.67 on Tuesday. The stock's fifty day moving average is $341.26 and its 200 day moving average is $315.89. Marriott International, Inc. has a one year low of $231.21 and a one year high of $380.00. The stock has a market cap of $95.55 billion, a P/E ratio of 38.01, a P/E/G ratio of 3.23 and a beta of 1.10.

Marriott International (NASDAQ:MAR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $2.58 EPS for the quarter, missing analysts' consensus estimates of $2.61 by ($0.03). Marriott International had a negative return on equity of 84.23% and a net margin of 9.93%.The company had revenue of $6.69 billion during the quarter, compared to analysts' expectations of $6.67 billion. During the same quarter in the previous year, the company earned $2.45 EPS. The business's quarterly revenue was up 4.1% compared to the same quarter last year. Marriott International has set its FY 2026 guidance at 11.320-11.570 EPS and its Q1 2026 guidance at 2.500-2.550 EPS. Analysts predict that Marriott International, Inc. will post 11.64 EPS for the current year.

Marriott International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, February 26th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Thursday, February 26th. This represents a $2.68 annualized dividend and a yield of 0.7%. Marriott International's payout ratio is currently 28.24%.

Marriott International Company Profile

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company's brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.

Want to see what other hedge funds are holding MAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marriott International, Inc. (NASDAQ:MAR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.