Susquehanna Fundamental Investments LLC Acquires Shares of 43,626 Marriott International, Inc. (NASDAQ:MAR)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Marriott International, Inc. (NASDAQ:MAR - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 43,626 shares of the company's stock, valued at approximately $12,169,000.

Several other large investors have also made changes to their positions in MAR. Hopwood Financial Services Inc. bought a new position in Marriott International during the fourth quarter valued at approximately $25,000. Bernard Wealth Management Corp. purchased a new position in shares of Marriott International in the fourth quarter valued at $25,000. Bell Investment Advisors Inc increased its position in Marriott International by 112.2% in the fourth quarter. Bell Investment Advisors Inc now owns 104 shares of the company's stock worth $29,000 after purchasing an additional 55 shares during the last quarter. Sound Income Strategies LLC raised its stake in Marriott International by 494.4% during the fourth quarter. Sound Income Strategies LLC now owns 107 shares of the company's stock valued at $30,000 after purchasing an additional 89 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. purchased a new position in shares of Marriott International in the 4th quarter worth $33,000. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

Marriott International Trading Up 2.0 %

Shares of MAR traded up $4.95 during midday trading on Friday, reaching $248.90. 560,140 shares of the stock were exchanged, compared to its average volume of 1,582,395. The company's 50 day moving average is $240.76 and its two-hundred day moving average is $266.77. The company has a market capitalization of $68.69 billion, a P/E ratio of 29.92, a PEG ratio of 3.42 and a beta of 1.42. Marriott International, Inc. has a 52 week low of $204.55 and a 52 week high of $307.52.

Marriott International (NASDAQ:MAR - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.37 by $0.08. Marriott International had a net margin of 9.46% and a negative return on equity of 116.67%. On average, sell-side analysts expect that Marriott International, Inc. will post 10.1 EPS for the current year.

Marriott International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, February 27th were given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date was Thursday, February 27th. Marriott International's payout ratio is currently 30.29%.

Insider Buying and Selling at Marriott International

In other news, EVP Rena Hozore Reiss sold 3,500 shares of the company's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $286.65, for a total transaction of $1,003,275.00. Following the transaction, the executive vice president now directly owns 24,733 shares of the company's stock, valued at approximately $7,089,714.45. This represents a 12.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider William P. Brown sold 12,642 shares of the firm's stock in a transaction on 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 sale, the insider now directly owns 30,919 shares of the company's stock, valued at $8,831,393.97. The trade was a 29.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 31,694 shares of company stock worth $8,938,132 over the last quarter. Insiders own 10.68% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on MAR shares. UBS Group increased their price target on shares of Marriott International from $294.00 to $301.00 and gave the company a "neutral" rating in a report on Wednesday, February 12th. Truist Financial dropped their target price on Marriott International from $308.00 to $300.00 and set a "hold" rating for the company in a report on Friday, March 21st. Barclays lowered their price target on Marriott International from $283.00 to $236.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 22nd. Argus boosted their price objective on shares of Marriott International from $300.00 to $330.00 and gave the company a "buy" rating in a research report on Thursday, January 16th. Finally, The Goldman Sachs Group restated a "neutral" rating and issued a $245.00 target price (down previously from $313.00) on shares of Marriott International in a report on Monday, April 14th. Fourteen equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $273.10.

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, City Express by Marriott, and St.