Baldwin Wealth Partners LLC MA Has $14.22 Million Holdings in Marriott International, Inc. (NASDAQ:MAR)

Baldwin Wealth Partners LLC MA increased its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,970 shares of the company’s stock after buying an additional 1,077 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in Marriott International were worth $14,218,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC boosted its holdings in shares of Marriott International by 494.4% during the fourth quarter. Sound Income Strategies LLC now owns 107 shares of the company’s stock worth $30,000 after purchasing an additional 89 shares during the period. Silvant Capital Management LLC purchased a new stake in shares of Marriott International during the third quarter worth $31,000. Darwin Wealth Management LLC purchased a new position in Marriott International in the third quarter valued at about $33,000. ORG Partners LLC raised its stake in shares of Marriott International by 158.5% during the 4th quarter. ORG Partners LLC now owns 137 shares of the company’s stock worth $38,000 after purchasing an additional 84 shares in the last quarter. Finally, Kathleen S. Wright Associates Inc. acquired a new stake in shares of Marriott International during the 3rd quarter valued at about $40,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MAR has been the subject of a number of analyst reports. Argus lifted their target price on shares of Marriott International from $300.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, January 16th. Jefferies Financial Group raised their target price on Marriott International from $251.00 to $295.00 and gave the company a “hold” rating in a report on Thursday, January 2nd. Stifel Nicolaus raised their price objective on Marriott International from $252.00 to $283.00 and gave the company a “hold” rating in a research note on Tuesday, November 26th. Bank of America boosted their price objective on shares of Marriott International from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Finally, Robert W. Baird lifted their target price on shares of Marriott International from $258.00 to $264.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. Fourteen analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Marriott International presently has a consensus rating of “Hold” and an average price target of $272.15.

Insider Activity

In other news, EVP Benjamin T. Breland sold 500 shares of the business’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $274.49, for a total transaction of $137,245.00. Following the completion of the sale, the executive vice president now owns 12,286 shares in the company, valued at $3,372,384.14. The trade was a 3.91 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Anthony Capuano sold 8,332 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $284.49, for a total value of $2,370,370.68. Following the completion of the transaction, the chief executive officer now owns 108,361 shares in the company, valued at approximately $30,827,620.89. This represents a 7.14 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,815 shares of company stock worth $3,919,739. 12.32% of the stock is owned by corporate insiders.

Marriott International Price Performance

Shares of NASDAQ:MAR opened at $284.04 on Monday. The stock has a market capitalization of $78.93 billion, a price-to-earnings ratio of 29.49, a price-to-earnings-growth ratio of 4.64 and a beta of 1.57. The business’s fifty day moving average price is $282.24 and its two-hundred day moving average price is $257.56. Marriott International, Inc. has a fifty-two week low of $204.55 and a fifty-two week 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 the consensus estimate of $2.31 by ($0.05). The firm had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.27 billion. Marriott International had a net margin of 11.18% and a negative return on equity of 177.91%. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the business earned $2.11 earnings per share. Research analysts expect that Marriott International, Inc. will post 9.25 EPS for the current fiscal year.

Marriott International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, November 21st were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date was Thursday, November 21st. Marriott International’s dividend payout ratio is currently 26.36%.

About Marriott International

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.