Moody Lynn & Lieberson LLC Sells 16,092 Shares of Marriott International, Inc. $MAR

Key Points

• Moody Lynn & Lieberson LLC sold 16,092 shares of Marriott International, decreasing its holdings by 72.9% in the second quarter, leaving them with 5,970 shares worth approximately $1.63 million.
• Marriott International reported $2.65 EPS for the last quarter, meeting analysts' expectations, and had revenue of $6.74 billion, surpassing predictions.
• The company announced a share buyback plan allowing it to repurchase 25 million shares, signaling confidence in its stock's value, alongside a quarterly dividend of $0.67 per share.

Moody Lynn & Lieberson LLC decreased its position in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 72.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,970 shares of the company's stock after selling 16,092 shares during the quarter. Moody Lynn & Lieberson LLC's holdings in Marriott International were worth $1,631,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Morse Asset Management Inc bought a new stake in shares of Marriott International in the first quarter valued at approximately $30,000. Sound Income Strategies LLC raised its holdings in Marriott International by 46.7% during the 1st quarter. Sound Income Strategies LLC now owns 157 shares of the company's stock valued at $37,000 after acquiring an additional 50 shares during the period. Center for Financial Planning Inc. lifted its position in shares of Marriott International by 468.6% during the first quarter. Center for Financial Planning Inc. now owns 199 shares of the company's stock worth $47,000 after acquiring an additional 164 shares in the last quarter. Banque Transatlantique SA bought a new position in shares of Marriott International in the first quarter worth $52,000. Finally, McClarren Financial Advisors Inc. bought a new stake in shares of Marriott International during the 1st quarter valued at $57,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

Marriott International Stock Performance

Marriott International stock opened at $264.21 on Monday. Marriott International, Inc. has a fifty-two week low of $205.40 and a fifty-two week high of $307.52. The firm's fifty day moving average price is $266.25 and its 200-day moving average price is $257.71. The stock has a market cap of $71.72 billion, a P/E ratio of 29.79, a price-to-earnings-growth ratio of 2.61 and a beta of 1.38.

Marriott International (NASDAQ:MAR - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $2.65 EPS for the quarter, meeting analysts' consensus estimates of $2.65. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%.The business had revenue of $6.74 billion for the quarter, compared to analysts' expectations of $6.66 billion. During the same quarter in the prior year, the firm earned $2.50 earnings per share. The firm's revenue was up 4.7% on a year-over-year basis. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. On average, analysts predict that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International announced that its Board of Directors has initiated a share buyback plan on Thursday, August 7th that allows the company to repurchase 25,000,000 shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its shares are undervalued.

Marriott International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Thursday, August 21st. Marriott International's dividend payout ratio (DPR) is presently 30.21%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MAR. Truist Financial lifted their target price on Marriott International from $273.00 to $278.00 and gave the company a "hold" rating in a report on Wednesday, September 3rd. BMO Capital Markets reduced their price objective on shares of Marriott International from $285.00 to $280.00 and set a "market perform" rating for the company in a research note on Wednesday, August 6th. JPMorgan Chase & Co. began coverage on shares of Marriott International in a research note on Monday, June 23rd. They issued a "neutral" rating and a $284.00 target price on the stock. Finally, Robert W. Baird upped their price target on shares of Marriott International from $285.00 to $287.00 and gave the stock a "neutral" rating in a report on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $281.26.

Marriott International Company Profile

Marriott International, Inc engages in operating, franchising, and licensing hotel, residential, timeshare, and other lodging properties worldwide. It operates its properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Fairfield by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Four Points by Sheraton, TownePlace Suites by Marriott, Aloft Hotels, AC Hotels by Marriott, Moxy Hotels, Element Hotels, Protea Hotels by Marriott, City Express by Marriott, and St.

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