Abner Herrman & Brock LLC lowered its holdings in Marriott International Inc (NASDAQ:MAR) by 15.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 149,321 shares of the company’s stock after selling 27,479 shares during the period. Marriott International makes up about 3.0% of Abner Herrman & Brock LLC’s holdings, making the stock its 10th biggest position. Abner Herrman & Brock LLC’s holdings in Marriott International were worth $16,210,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of MAR. FMR LLC increased its holdings in Marriott International by 2.0% during the 2nd quarter. FMR LLC now owns 15,041,003 shares of the company’s stock worth $1,904,190,000 after acquiring an additional 295,877 shares during the period. Baird Financial Group Inc. increased its holdings in Marriott International by 16.1% during the 2nd quarter. Baird Financial Group Inc. now owns 31,313 shares of the company’s stock worth $3,964,000 after acquiring an additional 4,351 shares during the period. OppenheimerFunds Inc. increased its holdings in Marriott International by 19.4% during the 2nd quarter. OppenheimerFunds Inc. now owns 18,068 shares of the company’s stock worth $2,287,000 after acquiring an additional 2,938 shares during the period. Flagship Harbor Advisors LLC increased its holdings in Marriott International by 55.4% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 3,813 shares of the company’s stock worth $482,000 after acquiring an additional 1,359 shares during the period. Finally, Vident Investment Advisory LLC increased its holdings in Marriott International by 187.7% during the 2nd quarter. Vident Investment Advisory LLC now owns 7,107 shares of the company’s stock worth $900,000 after acquiring an additional 4,637 shares during the period. 63.34% of the stock is currently owned by institutional investors.

A number of equities analysts have recently commented on MAR shares. Citigroup lowered shares of Marriott International from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $144.00 to $117.00 in a report on Wednesday, December 12th. Zacks Investment Research lowered shares of Marriott International from a “buy” rating to a “hold” rating in a report on Tuesday, October 9th. BidaskClub lowered shares of Marriott International from a “hold” rating to a “sell” rating in a report on Friday, October 5th. Jefferies Financial Group set a $124.00 price target on shares of Marriott International and gave the stock a “hold” rating in a report on Wednesday, November 7th. Finally, Morgan Stanley set a $116.00 price target on shares of Marriott International and gave the stock a “hold” rating in a report on Thursday, December 20th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company’s stock. Marriott International presently has an average rating of “Hold” and an average price target of $138.33.

Shares of Marriott International stock traded down $1.94 during trading on Friday, reaching $108.11. The company’s stock had a trading volume of 96,384 shares, compared to its average volume of 2,101,021. Marriott International Inc has a 52-week low of $100.62 and a 52-week high of $149.21. The stock has a market capitalization of $37.25 billion, a price-to-earnings ratio of 24.81, a price-to-earnings-growth ratio of 1.52 and a beta of 1.26. The company has a debt-to-equity ratio of 3.75, a quick ratio of 0.46 and a current ratio of 0.46.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Monday, November 5th. The company reported $1.70 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.31 by $0.39. Marriott International had a net margin of 7.95% and a return on equity of 68.01%. The company had revenue of $5.05 billion during the quarter, compared to analysts’ expectations of $5.28 billion. During the same quarter in the prior year, the company earned $1.10 EPS. The firm’s revenue was down .6% on a year-over-year basis. On average, equities research analysts forecast that Marriott International Inc will post 6.18 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 31st. Stockholders of record on Wednesday, November 21st were paid a $0.41 dividend. The ex-dividend date was Tuesday, November 20th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.52%. Marriott International’s dividend payout ratio (DPR) is 37.61%.

In other news, Director Eric Hippeau sold 9,000 shares of the company’s stock in a transaction on Tuesday, November 13th. The shares were sold at an average price of $116.23, for a total value of $1,046,070.00. Following the completion of the sale, the director now owns 21,762 shares of the company’s stock, valued at approximately $2,529,397.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 12.99% of the stock is currently owned by corporate insiders.

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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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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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