Marriott International, Inc. (NASDAQ:MAR) Shares Bought by Stillwater Capital Advisors LLC

Stillwater Capital Advisors LLC increased its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 1.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 75,852 shares of the company’s stock after purchasing an additional 852 shares during the quarter. Marriott International accounts for about 2.6% of Stillwater Capital Advisors LLC’s holdings, making the stock its 10th biggest position. Stillwater Capital Advisors LLC’s holdings in Marriott International were worth $21,158,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of MAR. Silvant Capital Management LLC bought a new position in shares of Marriott International in the third quarter worth $31,000. Darwin Wealth Management LLC acquired a new position in shares of Marriott International in the 3rd quarter valued at approximately $33,000. Cyrus J. Lawrence LLC acquired a new stake in shares of Marriott International during the 2nd quarter worth approximately $36,000. ORG Partners LLC boosted its stake in Marriott International by 158.5% in the fourth quarter. ORG Partners LLC now owns 137 shares of the company’s stock valued at $38,000 after buying an additional 84 shares in the last quarter. Finally, Kathleen S. Wright Associates Inc. acquired a new position in Marriott International during the third quarter worth about $40,000. Institutional investors own 70.70% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on MAR. Truist Financial upped their price objective on shares of Marriott International from $254.00 to $277.00 and gave the stock a “hold” rating in a research report on Wednesday, December 4th. BMO Capital Markets lifted their price objective on Marriott International from $255.00 to $265.00 and gave the stock a “market perform” rating in a research note on Tuesday, November 5th. Barclays increased their target price on shares of Marriott International from $249.00 to $286.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. Bank of America boosted their price target on Marriott International from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Finally, Evercore ISI raised their price objective on shares of Marriott International from $245.00 to $270.00 and gave the stock an “in-line” rating in a research report on Monday, October 21st. Fourteen analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $272.15.

Marriott International Price Performance

MAR opened at $277.18 on Friday. Marriott International, Inc. has a fifty-two week low of $204.55 and a fifty-two week high of $295.45. The firm has a market capitalization of $77.03 billion, a PE ratio of 28.99, a P/E/G ratio of 4.48 and a beta of 1.57. The company’s 50-day moving average is $282.53 and its 200 day moving average is $255.91.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Monday, November 4th. The company reported $2.26 EPS for the quarter, missing the consensus estimate of $2.31 by ($0.05). The company had revenue of $6.26 billion during the quarter, compared to analysts’ expectations of $6.27 billion. Marriott International had a negative return on equity of 177.91% and a net margin of 11.18%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the company earned $2.11 earnings per share. As a group, analysts expect that Marriott International, Inc. will post 9.25 EPS for the current year.

Marriott International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, November 21st were paid a $0.63 dividend. The ex-dividend date was Thursday, November 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.91%. Marriott International’s payout ratio is 26.36%.

Insider Activity

In other Marriott International news, CAO Felitia Lee sold 916 shares of the company’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $276.48, for a total value of $253,255.68. Following the completion of the transaction, the chief accounting officer now owns 5,609 shares in the company, valued at $1,550,776.32. This represents a 14.04 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Benjamin T. Breland sold 500 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $274.49, for a total transaction of $137,245.00. Following the completion of the transaction, the executive vice president now directly owns 12,286 shares in the company, valued at $3,372,384.14. This trade represents a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,815 shares of company stock worth $3,919,739 over the last quarter. Insiders own 10.07% of the company’s stock.

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.