Insider Selling: Marriott International Inc (MAR) Insider Sells 16,743 Shares of Stock

Marriott International Inc (NASDAQ:MAR) insider Craig S. Smith sold 16,743 shares of the stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $120.35, for a total value of $2,015,020.05. Following the completion of the transaction, the insider now directly owns 7,754 shares in the company, valued at approximately $933,193.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

NASDAQ MAR opened at $119.62 on Friday. The stock has a market cap of $40.99 billion, a PE ratio of 19.26, a price-to-earnings-growth ratio of 1.83 and a beta of 1.22. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 3.83. Marriott International Inc has a one year low of $100.62 and a one year high of $143.04.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Thursday, February 28th. The company reported $1.44 EPS for the quarter, topping the Zacks’ consensus estimate of $1.39 by $0.05. Marriott International had a return on equity of 80.36% and a net margin of 8.74%. During the same quarter last year, the company earned $1.12 EPS. Research analysts anticipate that Marriott International Inc will post 6.07 earnings per share for the current fiscal year.



The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 1st will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Thursday, February 28th. Marriott International’s dividend payout ratio is currently 26.41%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wedbush Securities Inc. raised its position in Marriott International by 5.1% in the 4th quarter. Wedbush Securities Inc. now owns 2,048 shares of the company’s stock valued at $222,000 after buying an additional 100 shares during the last quarter. Signature Wealth Management Group raised its position in Marriott International by 2.3% in the 4th quarter. Signature Wealth Management Group now owns 4,529 shares of the company’s stock valued at $492,000 after buying an additional 101 shares during the last quarter. Lee Financial Group Hawaii Inc. raised its position in Marriott International by 0.4% in the 4th quarter. Lee Financial Group Hawaii Inc. now owns 24,301 shares of the company’s stock valued at $2,638,000 after buying an additional 104 shares during the last quarter. Gulf International Bank UK Ltd raised its position in Marriott International by 0.5% in the 4th quarter. Gulf International Bank UK Ltd now owns 25,301 shares of the company’s stock valued at $2,746,000 after buying an additional 120 shares during the last quarter. Finally, G&S Capital LLC raised its position in Marriott International by 27.1% in the 4th quarter. G&S Capital LLC now owns 582 shares of the company’s stock valued at $63,000 after buying an additional 124 shares during the last quarter. 65.83% of the stock is currently owned by institutional investors.

Several equities analysts have weighed in on MAR shares. Argus lowered Marriott International from a “buy” rating to a “hold” rating in a research note on Tuesday, November 20th. BidaskClub raised Marriott International from a “hold” rating to a “buy” rating in a research note on Friday, November 23rd. Robert W. Baird reissued a “hold” rating and issued a $127.00 target price on shares of Marriott International in a research note on Monday, December 3rd. Citigroup lowered Marriott International from a “buy” rating to a “neutral” rating and cut their target price for the company from $144.00 to $117.00 in a research note on Wednesday, December 12th. Finally, Morgan Stanley set a $116.00 target price on Marriott International and gave the company a “hold” rating in a research note on Thursday, December 20th. Ten investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $135.21.

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About Marriott International

Marriott International, Inc operates, franchises, and licenses hotel, residential, and timeshare properties worldwide. The company operates through three segments: North American Full-Service, North American Limited-Service, and Asia Pacific. It operates its properties under the JW Marriott, The Ritz-Carlton, W Hotels, The Luxury Collection, St.

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Insider Buying and Selling by Quarter for Marriott International (NASDAQ:MAR)

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