Marriott International, Inc. (NASDAQ:MAR) Shares Purchased by Tilia Fiduciary Partners Inc.

Tilia Fiduciary Partners Inc. boosted its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 2.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,760 shares of the company’s stock after purchasing an additional 269 shares during the period. Marriott International makes up 1.9% of Tilia Fiduciary Partners Inc.’s holdings, making the stock its 13th biggest holding. Tilia Fiduciary Partners Inc.’s holdings in Marriott International were worth $2,723,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Jensen Investment Management Inc. purchased a new position in Marriott International during the third quarter worth about $793,000. BayBridge Capital Group LLC acquired a new stake in Marriott International in the 3rd quarter valued at approximately $1,254,000. Sumitomo Mitsui Trust Group Inc. lifted its stake in Marriott International by 0.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 566,548 shares of the company’s stock worth $140,844,000 after purchasing an additional 2,723 shares in the last quarter. Oddo BHF Asset Management Sas purchased a new position in shares of Marriott International during the third quarter worth $2,721,000. Finally, Kinsale Capital Group Inc. purchased a new stake in shares of Marriott International in the 3rd quarter valued at $3,769,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Marriott International Stock Performance

MAR traded down $2.77 during trading on Friday, hitting $270.76. The stock had a trading volume of 1,282,452 shares, compared to its average volume of 1,242,840. The company’s 50-day moving average price is $281.79 and its 200 day moving average price is $254.57. The firm has a market capitalization of $75.24 billion, a P/E ratio of 28.32, a PEG ratio of 5.47 and a beta of 1.57. Marriott International, Inc. has a twelve month low of $204.55 and a twelve month high of $295.45.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Monday, November 4th. The company reported $2.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.05). Marriott International had a net margin of 11.18% and a negative return on equity of 177.91%. The company had revenue of $6.26 billion during the quarter, compared to analysts’ expectations of $6.27 billion. During the same quarter in the prior year, the business earned $2.11 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, equities analysts expect that Marriott International, Inc. will post 9.26 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, November 21st were issued a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.93%. The ex-dividend date was Thursday, November 21st. Marriott International’s dividend payout ratio (DPR) is presently 26.36%.

Insider Transactions at Marriott International

In other Marriott International news, CEO Anthony Capuano sold 8,332 shares of Marriott International stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $284.49, for a total transaction of $2,370,370.68. Following the transaction, the chief executive officer now directly owns 108,361 shares of the company’s stock, valued at $30,827,620.89. The trade was a 7.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Felitia Lee sold 916 shares of the company’s stock in a transaction dated 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 sale, the chief accounting officer now directly owns 5,609 shares of the company’s stock, valued at $1,550,776.32. The trade was a 14.04 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,815 shares of company stock valued at $3,919,739 in the last ninety days. Corporate insiders own 12.32% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. JPMorgan Chase & Co. increased their price target on shares of Marriott International from $251.00 to $269.00 and gave the stock a “neutral” rating in a research report on Friday, December 13th. BMO Capital Markets lifted their target price on Marriott International from $255.00 to $265.00 and gave the company a “market perform” rating in a report on Tuesday, November 5th. Barclays lifted their price objective on Marriott International from $249.00 to $286.00 and gave the company an “equal weight” rating in a research note on Friday, December 13th. Bank of America boosted their price target on shares of Marriott International from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Finally, Jefferies Financial Group lifted their price objective on shares of Marriott International from $251.00 to $295.00 and gave the stock a “hold” rating in a research report on Thursday, January 2nd. Fourteen research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $269.65.

Marriott International Company 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.