Can analysts adopt a bullish outlook for Marriott International Inc (NASDAQ:MAR)?

Bruno Cirelli
Agosto 20, 2017

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC increased its position in Marriott International by 112.2% in the first quarter. Finally, Abner Herrman & Brock LLC increased its stake in shares of Marriott International by 0.8% in the first quarter. TrimTabs Asset Management LLC now owns 1,562 shares of the company's stock valued at $147,000 after buying an additional 736 shares during the last quarter. First Bank & Trust boosted its stake in Marriott International by 3.6% in the first quarter. Carderock Capital Management Inc. now owns 10,173 shares of the company's stock valued at $958,000 after buying an additional 678 shares in the last quarter. Gateway Investment Advisers Ltd Liability Corporation holds 0.05% of its portfolio in Marriott International Inc (NASDAQ:MAR) for 70,819 shares. Fundsmith LLP now owns 184,690 shares of the company's stock valued at $17,394,000 after buying an additional 8,254 shares in the last quarter. $689,400 worth of Marriott International Inc (NASDAQ:MAR) was sold by Ryan Edward A on Tuesday, March 28. Alexandria Capital LLC now owns 1,644 shares of the company's stock valued at $165,000 after buying an additional 12 shares during the last quarter.

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Marriott International (NASDAQ:MAR) insider Juliana B. Marriott sold 8,400 shares of the firm's stock in a transaction that occurred on Tuesday, August 15th. The company has a market cap of $37.02 billion, a price-to-earnings ratio of 32.62 and a beta of 1.36. Analysts on average have given a price target of $107.57 to Marriott International, Inc. stock.

The analysts offering 12 month price targets for Marriott International, Inc. have a median target of $108.5, with a high estimate of $121 and a low estimate of $94. The stock of Marriott International Inc (NASDAQ:MAR) has "Buy" rating given on Friday, August 21 by Zacks. The company reported $1.13 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.02 by $0.11.

More notable recent Marriott International Inc (NASDAQ:MAR) news were published by: Bizjournals.com which released: "Done deal: Marriott finalizes agreement for new Bethesda HQ, locks in timeline ..." on July 26, 2017, also Nasdaq.com with their article: "Marriott International Inc". The company's quarterly revenue was up 48.5% compared to the same quarter past year. During the same period previous year, the company earned $1.03 earnings per share. On average, equities research analysts predict that Marriott International will post $4.14 earnings per share for the current year. Shareholders of record on Thursday, August 24th will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 1.32%. Marriott International's dividend payout ratio (DPR) is presently 45.52%.

TRADEMARK VIOLATION WARNING: "Janney Montgomery Scott LLC Acquires 6,603 Shares of Marriott International (NASDAQ:MAR)" was posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & global trademark & copyright laws. The original version of this story can be accessed at https://www.themarketsdaily.com/2017/08/17/tokio-marine-asset-management-co-ltd-sells-1525-shares-of-marriott-international-nasdaqmar-updated.html. Marriott International had 41 analyst reports since August 5, 2015 according to SRatingsIntel. Guggenheim started coverage on Marriott International in a research note on Wednesday, April 26th. Craig Hallum upgraded the shares of KN in report on Monday, January 4 to "Buy" rating. Barclays PLC reaffirmed a "hold" rating and issued a $105.00 price target on shares of Marriott International in a research note on Friday, May 12th. Finally, BidaskClub upgraded Marriott International from a "buy" rating to a "strong-buy" rating in a report on Tuesday, August 8th. The stock has a consensus rating of "Hold" and a consensus price target of $98.69.

In other news, Director Mary K. Bush sold 1,200 shares of the business's stock in a transaction dated Friday, June 30th. Marriott David S sold $2.01 million worth of stock. Following the completion of the transaction, the director now directly owns 1,101 shares in the company, valued at approximately $111,079.89. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. With the last stock price close up 1.28% relative to the two hundred day moving average, compared to the S&P 500 which has increased 0.05% over the same time. The disclosure for this sale can be found here. Insiders have sold 45,822 shares of company stock worth $4,639,840 in the last quarter.

Highfields Capital Management Lp holds 7.49% of its portfolio in Marriott International Inc for 10.92 million shares. Marriott International operates in three business divisions: North American Full-Service, North American Limited-Service and International.

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