Analysts’ Weekly Ratings Changes for Marriott International (MAR)

Marriott International (NASDAQ: MAR) recently received a number of ratings updates from brokerages and research firms:

  • 10/18/2019 – Marriott International had its price target lowered by analysts at Wells Fargo & Co from $135.00 to $130.00. They now have a “market perform” rating on the stock.
  • 10/16/2019 – Marriott International is now covered by analysts at BMO Capital Markets. They set a “market perform” rating and a $128.00 price target on the stock.
  • 10/10/2019 – Marriott International was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 10/9/2019 – Marriott International was given a new $140.00 price target on by analysts at Cowen Inc. They now have a “buy” rating on the stock.
  • 9/27/2019 – Marriott International was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 9/16/2019 – Marriott International had its price target raised by analysts at Royal Bank of Canada from $146.00 to $148.00. They now have an “outperform” rating on the stock.
  • 9/11/2019 – Marriott International is now covered by analysts at Sanford C. Bernstein. They set a “market perform” rating and a $136.00 price target on the stock.
  • 9/6/2019 – Marriott International had its price target lowered by analysts at JPMorgan Chase & Co. from $134.00 to $128.00. They now have a “neutral” rating on the stock.
  • 8/28/2019 – Marriott International was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.

Shares of NASDAQ MAR traded up $0.81 during trading on Thursday, reaching $124.30. The company had a trading volume of 1,355,935 shares, compared to its average volume of 1,794,284. The company’s fifty day moving average price is $124.46 and its 200-day moving average price is $131.41. Marriott International Inc has a 12 month low of $100.62 and a 12 month high of $144.24. The stock has a market cap of $40.20 billion, a P/E ratio of 20.02, a PEG ratio of 3.07 and a beta of 1.28. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 8.93.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Monday, August 5th. The company reported $1.56 EPS for the quarter, meeting analysts’ consensus estimates of $1.56. Marriott International had a return on equity of 113.75% and a net margin of 6.81%. The firm had revenue of $5.31 billion for the quarter, compared to analyst estimates of $5.50 billion. During the same quarter in the previous year, the company posted $1.73 EPS. The business’s revenue was down 1.9% on a year-over-year basis. As a group, equities analysts predict that Marriott International Inc will post 6.01 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, August 22nd were given a $0.48 dividend. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.54%. Marriott International’s dividend payout ratio (DPR) is presently 30.92%.

In related news, insider Craig S. Smith sold 14,915 shares of the company’s stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $128.20, for a total transaction of $1,912,103.00. Following the sale, the insider now owns 18,062 shares in the company, valued at approximately $2,315,548.40. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director George Munoz sold 4,866 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $133.61, for a total value of $650,146.26. Following the sale, the director now owns 6,754 shares in the company, valued at approximately $902,401.94. The disclosure for this sale can be found here. Insiders sold a total of 23,157 shares of company stock worth $3,008,421 in the last quarter. Corporate insiders own 12.60% of the company’s stock.

Several institutional investors have recently made changes to their positions in MAR. Alpha Cubed Investments LLC raised its stake in shares of Marriott International by 4.0% in the second quarter. Alpha Cubed Investments LLC now owns 2,123 shares of the company’s stock worth $298,000 after purchasing an additional 82 shares during the last quarter. Patten Group Inc. increased its position in shares of Marriott International by 0.8% during the second quarter. Patten Group Inc. now owns 10,586 shares of the company’s stock valued at $1,485,000 after acquiring an additional 88 shares during the last quarter. Zeke Capital Advisors LLC increased its position in shares of Marriott International by 1.7% during the second quarter. Zeke Capital Advisors LLC now owns 5,383 shares of the company’s stock valued at $755,000 after acquiring an additional 92 shares during the last quarter. NEXT Financial Group Inc increased its position in shares of Marriott International by 19.7% during the third quarter. NEXT Financial Group Inc now owns 595 shares of the company’s stock valued at $74,000 after acquiring an additional 98 shares during the last quarter. Finally, Baxter Bros Inc. increased its position in shares of Marriott International by 0.7% during the second quarter. Baxter Bros Inc. now owns 14,925 shares of the company’s stock valued at $2,094,000 after acquiring an additional 100 shares during the last quarter. Institutional investors own 63.22% of the company’s stock.

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

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