EagleClaw Capital Managment LLC lifted its holdings in shares of Marriott International, Inc. (NASDAQ:MAR – Free Report) by 1.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,780 shares of the company’s stock after acquiring an additional 300 shares during the quarter. EagleClaw Capital Managment LLC’s holdings in Marriott International were worth $5,517,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its stake in shares of Marriott International by 2.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,477,619 shares of the company’s stock worth $412,167,000 after purchasing an additional 32,288 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Marriott International by 4.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,024,187 shares of the company’s stock valued at $254,613,000 after acquiring an additional 46,563 shares during the period. Janus Henderson Group PLC lifted its position in shares of Marriott International by 8.4% during the third quarter. Janus Henderson Group PLC now owns 613,052 shares of the company’s stock worth $152,399,000 after acquiring an additional 47,551 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Marriott International in the fourth quarter valued at $165,162,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in 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 in the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.
Insider Transactions at Marriott International
In other news, Director Susan C. Schwab sold 1,054 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $277.48, for a total value of $292,463.92. Following the completion of the transaction, the director now owns 4,551 shares in the company, valued at $1,262,811.48. This trade represents a 18.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Kathleen K. Oberg sold 14,498 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $278.07, for a total value of $4,031,458.86. Following the completion of the transaction, the chief financial officer now owns 14,282 shares of the company’s stock, valued at approximately $3,971,395.74. This trade represents a 50.38 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 31,694 shares of company stock valued at $8,938,132. Company insiders own 12.32% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on MAR
Marriott International Trading Down 3.1 %
MAR stock opened at $262.63 on Friday. The firm’s 50-day moving average price is $281.99 and its two-hundred day moving average price is $268.37. The stock has a market capitalization of $72.41 billion, a price-to-earnings ratio of 31.57, a PEG ratio of 3.42 and a beta of 1.58. Marriott International, Inc. has a 12-month low of $204.55 and a 12-month high of $307.52.
Marriott International (NASDAQ:MAR – Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.08. Marriott International had a negative return on equity of 116.67% and a net margin of 9.46%. Equities analysts predict 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 will be paid on Monday, March 31st. Shareholders of record on Thursday, February 27th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date is Thursday, February 27th. Marriott International’s payout ratio is currently 30.29%.
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.
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