Marriott International, Inc. (NASDAQ:MAR) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC increased its position in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 12.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,522 shares of the company's stock after acquiring an additional 4,593 shares during the quarter. Yousif Capital Management LLC's holdings in Marriott International were worth $9,138,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. OFI Invest Asset Management purchased a new position in shares of Marriott International in the third quarter valued at $25,000. ORG Partners LLC grew its holdings in shares of Marriott International by 72.6% in the fourth quarter. ORG Partners LLC now owns 126 shares of the company's stock valued at $29,000 after purchasing an additional 53 shares in the last quarter. Keener Financial Planning LLC purchased a new position in shares of Marriott International in the fourth quarter valued at $30,000. Anchor Investment Management LLC purchased a new position in shares of Marriott International in the fourth quarter valued at $31,000. Finally, Wetzel Investment Advisors Inc. purchased a new position in shares of Marriott International in the fourth quarter valued at $33,000. 70.70% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

MAR has been the subject of several recent analyst reports. Robert W. Baird dropped their price objective on shares of Marriott International from $250.00 to $248.00 and set a "neutral" rating for the company in a research note on Wednesday, February 14th. Wells Fargo & Company lifted their price objective on shares of Marriott International from $234.00 to $250.00 and gave the stock an "equal weight" rating in a research note on Monday, March 18th. Barclays lifted their target price on Marriott International from $239.00 to $240.00 and gave the stock an "equal weight" rating in a research report on Friday, April 19th. UBS Group lifted their target price on Marriott International from $210.00 to $259.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 28th. Finally, Argus lifted their target price on Marriott International from $270.00 to $280.00 and gave the stock a "buy" rating in a research report on Tuesday, March 19th. Eleven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $236.69.

Marriott International Stock Performance

NASDAQ MAR traded down $2.12 during trading hours on Thursday, reaching $241.94. The stock had a trading volume of 1,201,089 shares, compared to its average volume of 1,450,140. Marriott International, Inc. has a 52-week low of $162.77 and a 52-week high of $260.57. The stock has a market cap of $69.91 billion, a P/E ratio of 23.74, a price-to-earnings-growth ratio of 5.35 and a beta of 1.62. The stock has a fifty day moving average of $248.38 and a 200 day moving average of $226.71.

Marriott International (NASDAQ:MAR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 13th. The company reported $3.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.12 by $1.45. The company had revenue of $6.10 billion during the quarter, compared to the consensus estimate of $6.20 billion. Marriott International had a negative return on equity of 848.49% and a net margin of 13.00%. Marriott International's revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.96 earnings per share. On average, equities research analysts forecast that Marriott International, Inc. will post 9.46 EPS for the current year.

Marriott International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 22nd were paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 0.86%. The ex-dividend date was Wednesday, February 21st. Marriott International's payout ratio is 20.41%.

Insider Activity at Marriott International

In related news, insider Deborah Marriott Harrison sold 37,300 shares of the stock in a transaction on Friday, February 16th. The stock was sold at an average price of $241.46, for a total value of $9,006,458.00. Following the completion of the transaction, the insider now directly owns 9,100 shares of the company's stock, valued at approximately $2,197,286. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Marriott International news, insider Deborah Marriott Harrison sold 37,300 shares of the company's stock in a transaction on Friday, February 16th. The stock was sold at an average price of $241.46, for a total value of $9,006,458.00. Following the completion of the sale, the insider now directly owns 9,100 shares in the company, valued at approximately $2,197,286. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Eric Hippeau sold 2,600 shares of the company's stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $237.40, for a total value of $617,240.00. Following the completion of the sale, the director now owns 1,472 shares of the company's stock, valued at $349,452.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 125,003 shares of company stock valued at $30,435,493. 12.32% of the stock is owned by insiders.

Marriott International 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, and City Express by Marriott brand names, as well as operates residences, timeshares, and yachts.