Quantinno Capital Management LP Boosts Stock Holdings in Marriott International, Inc. (NASDAQ:MAR)

Quantinno Capital Management LP boosted its position in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) by 32.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,076 shares of the company's stock after buying an additional 9,578 shares during the period. Quantinno Capital Management LP's holdings in Marriott International were worth $10,900,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mufg Securities Americas Inc. purchased a new stake in Marriott International during the fourth quarter valued at approximately $950,000. Nissay Asset Management Corp Japan ADV raised its position in Marriott International by 2.9% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 57,513 shares of the company's stock valued at $16,314,000 after purchasing an additional 1,645 shares during the period. Nomura Holdings Inc. raised its position in Marriott International by 44.0% during the fourth quarter. Nomura Holdings Inc. now owns 19,938 shares of the company's stock valued at $5,562,000 after purchasing an additional 6,095 shares during the period. NorthRock Partners LLC raised its position in Marriott International by 138.5% during the fourth quarter. NorthRock Partners LLC now owns 3,541 shares of the company's stock valued at $988,000 after purchasing an additional 2,056 shares during the period. Finally, OMERS ADMINISTRATION Corp raised its position in Marriott International by 19.8% during the fourth quarter. OMERS ADMINISTRATION Corp now owns 10,394 shares of the company's stock valued at $2,899,000 after purchasing an additional 1,720 shares during the period. 70.70% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on MAR shares. Dbs Bank upgraded Marriott International from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. Barclays reduced their price target on Marriott International from $283.00 to $236.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 22nd. Morgan Stanley reduced their price target on Marriott International from $275.00 to $267.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Wells Fargo & Company decreased their price objective on Marriott International from $285.00 to $277.00 and set an "equal weight" rating for the company in a research note on Tuesday, February 18th. Finally, UBS Group upped their price objective on Marriott International from $294.00 to $301.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 12th. Thirteen equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $276.60.

Insider Buying and Selling at Marriott International

In related news, insider William P. Brown sold 12,642 shares of the company's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $285.63, for a total value of $3,610,934.46. Following the completion of the transaction, the insider now owns 30,919 shares of the company's stock, valued at approximately $8,831,393.97. This represents a 29.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Kathleen K. Oberg sold 14,498 shares of the company's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $278.07, for a total value of $4,031,458.86. Following the completion of the transaction, the chief financial officer now directly owns 14,282 shares of the company's stock, valued at $3,971,395.74. The trade was a 50.38% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 32,694 shares of company stock worth $9,208,342. Insiders own 10.68% of the company's stock.

Marriott International Price Performance

MAR traded up $1.76 on Friday, reaching $273.23. 1,235,005 shares of the stock were exchanged, compared to its average volume of 1,606,277. The company's 50-day moving average price is $239.16 and its 200 day moving average price is $266.75. Marriott International, Inc. has a fifty-two week low of $204.55 and a fifty-two week high of $307.52. The firm has a market capitalization of $74.84 billion, a PE ratio of 32.84, a PEG ratio of 3.42 and a beta of 1.39.

Marriott International (NASDAQ:MAR - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $2.32 EPS for the quarter, topping analysts' consensus estimates of $2.25 by $0.07. Marriott International had a negative return on equity of 116.67% and a net margin of 9.46%. The company had revenue of $6.26 billion during the quarter, compared to analysts' expectations of $6.19 billion. During the same quarter in the previous year, the firm posted $2.13 EPS. The firm's revenue was up 4.8% compared to the same quarter last year. As a group, equities analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 23rd will be paid a dividend of $0.67 per share. The ex-dividend date is Friday, May 23rd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.98%. This is a positive change from Marriott International's previous quarterly dividend of $0.63. Marriott International's dividend payout ratio (DPR) is presently 30.52%.

About Marriott International

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.