Free Trial

Profund Advisors LLC Buys 4,072 Shares of Marriott International, Inc. (NASDAQ:MAR)

Marriott International logo with Consumer Discretionary background

Profund Advisors LLC lifted its holdings in Marriott International, Inc. (NASDAQ:MAR - Free Report) by 17.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,990 shares of the company's stock after acquiring an additional 4,072 shares during the period. Profund Advisors LLC's holdings in Marriott International were worth $6,312,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. ORG Partners LLC boosted its stake in Marriott International by 72.6% during the 4th quarter. ORG Partners LLC now owns 126 shares of the company's stock valued at $29,000 after purchasing an additional 53 shares during the last quarter. Keener Financial Planning LLC purchased a new position in shares of Marriott International in the 4th quarter worth approximately $30,000. Anchor Investment Management LLC purchased a new position in shares of Marriott International in the 4th quarter worth approximately $31,000. Wetzel Investment Advisors Inc. purchased a new position in shares of Marriott International in the 4th quarter worth approximately $33,000. Finally, Private Wealth Management Group LLC purchased a new position in shares of Marriott International in the 4th quarter worth approximately $33,000. 70.70% of the stock is owned by institutional investors.

Marriott International Stock Performance

Shares of Marriott International stock traded up $3.91 on Thursday, hitting $240.47. 1,185,411 shares of the company's stock were exchanged, compared to its average volume of 1,413,488. The company has a 50-day simple moving average of $238.58 and a 200-day simple moving average of $236.27. The stock has a market capitalization of $68.68 billion, a PE ratio of 24.82, a PEG ratio of 4.39 and a beta of 1.60. Marriott International, Inc. has a 1 year low of $170.03 and a 1 year high of $260.57.


Marriott International (NASDAQ:MAR - Get Free Report) last issued its quarterly earnings results on Wednesday, May 1st. The company reported $2.13 earnings per share for the quarter, missing the consensus estimate of $2.17 by ($0.04). The business had revenue of $5.98 billion for the quarter, compared to analysts' expectations of $5.95 billion. Marriott International had a negative return on equity of 376.88% and a net margin of 12.00%. The company's revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.09 EPS. On average, analysts expect that Marriott International, Inc. will post 9.53 EPS for the current fiscal year.

Marriott International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 24th will be given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.05%. This is an increase from Marriott International's previous quarterly dividend of $0.52. The ex-dividend date is Thursday, May 23rd. Marriott International's dividend payout ratio (DPR) is presently 26.01%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Mizuho boosted their target price on shares of Marriott International from $260.00 to $265.00 and gave the company a "neutral" rating in a report on Thursday, May 2nd. Wells Fargo & Company decreased their price target on shares of Marriott International from $250.00 to $248.00 and set an "equal weight" rating on the stock in a report on Thursday, May 2nd. Truist Financial upped their price target on shares of Marriott International from $233.00 to $263.00 and gave the stock a "hold" rating in a report on Wednesday, February 14th. Argus upped their price target on shares of Marriott International from $270.00 to $280.00 and gave the stock a "buy" rating in a report on Tuesday, March 19th. Finally, Robert W. Baird upped their price target on shares of Marriott International from $248.00 to $250.00 and gave the stock a "neutral" rating in a report on Thursday, May 2nd. Eleven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Marriott International currently has a consensus rating of "Hold" and a consensus target price of $241.33.

Get Our Latest Report on MAR

Marriott International Profile

(Free Report)

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.

See Also

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).

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

→ Elon Musk’s chilling warning for humanity (From The Freeport Society) (Ad)

Should you invest $1,000 in Marriott International right now?

Before you consider Marriott International, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Marriott International wasn't on the list.

While Marriott International currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

CPI News Breakdown: Key Market Moves to Follow
Understanding Oversold Stocks
Inside Pelosi’s Latest Stock Moves

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines