D.A. Davidson & CO. Has $3.16 Million Stock Position in Marriott International, Inc. (NASDAQ:MAR)

D.A. Davidson & CO. cut its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 0.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,314 shares of the company’s stock after selling 40 shares during the quarter. D.A. Davidson & CO.’s holdings in Marriott International were worth $3,156,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Jensen Investment Management Inc. purchased a new stake in shares of Marriott International during the third quarter worth $793,000. BayBridge Capital Group LLC purchased a new stake in shares of Marriott International during the 3rd quarter worth about $1,254,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Marriott International by 0.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 566,548 shares of the company’s stock valued at $140,844,000 after buying an additional 2,723 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new position in Marriott International in the third quarter worth approximately $2,721,000. Finally, Union Bancaire Privee UBP SA bought a new position in Marriott International during the fourth quarter valued at approximately $2,990,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Trading Down 0.1 %

Shares of Marriott International stock opened at $287.20 on Friday. The company’s fifty day simple moving average is $283.92 and its 200-day simple moving average is $264.29. The company has a market cap of $79.18 billion, a price-to-earnings ratio of 34.52, a PEG ratio of 3.43 and a beta of 1.57. Marriott International, Inc. has a 1 year low of $204.55 and a 1 year high of $307.52.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $2.45 earnings per share (EPS) for the quarter, topping 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%. As a group, research analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, February 27th will be paid a dividend of $0.63 per share. The ex-dividend date is Thursday, February 27th. This represents a $2.52 dividend on an annualized basis and a yield of 0.88%. Marriott International’s dividend payout ratio is currently 30.29%.

Analysts Set New Price Targets

Several research firms have commented on MAR. UBS Group boosted their target price on shares of Marriott International from $294.00 to $301.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 12th. Wells Fargo & Company dropped their price target on shares of Marriott International from $285.00 to $277.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Barclays dropped their price target on shares of Marriott International from $287.00 to $283.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 12th. Argus increased their price target on shares of Marriott International from $300.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, January 16th. Finally, Stifel Nicolaus increased their price target on shares of Marriott International from $252.00 to $283.00 and gave the stock a “hold” rating in a research note on Tuesday, November 26th. Thirteen investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $284.05.

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.