Marriott International Inc (NASDAQ:MAR) insider Craig S. Smith sold 14,915 shares of the firm’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $128.20, for a total transaction of $1,912,103.00. Following the completion of the transaction, the insider now directly owns 18,062 shares of the company’s stock, valued at approximately $2,315,548.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of MAR traded up $2.04 during midday trading on Monday, reaching $130.86. The stock had a trading volume of 14,200 shares, compared to its average volume of 1,882,521. The firm has a 50 day simple moving average of $137.77 and a 200-day simple moving average of $130.62. Marriott International Inc has a one year low of $100.62 and a one year high of $144.24. The firm has a market cap of $41.73 billion, a PE ratio of 21.06, a P/E/G ratio of 2.84 and a beta of 1.27. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 8.93.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Monday, August 5th. The company reported $1.56 EPS for the quarter, meeting analysts’ consensus estimates of $1.56. Marriott International had a net margin of 6.81% and a return on equity of 113.75%. The company had revenue of $5.31 billion during the quarter, compared to the consensus estimate of $5.50 billion. During the same quarter last year, the firm posted $1.73 EPS. The company’s quarterly revenue was down 1.9% on a year-over-year basis. As a group, research analysts forecast that Marriott International Inc will post 6.03 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, August 22nd will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Wednesday, August 21st. Marriott International’s dividend payout ratio (DPR) is presently 30.92%.

A number of research analysts recently weighed in on the stock. Morgan Stanley raised their target price on shares of Marriott International from $123.00 to $125.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 7th. Citigroup raised their target price on shares of Marriott International from $117.00 to $135.00 and gave the company a “neutral” rating in a research report on Tuesday, May 21st. JPMorgan Chase & Co. downgraded shares of Marriott International from an “overweight” rating to a “neutral” rating and set a $138.00 target price for the company. in a research report on Tuesday, July 9th. They noted that the move was a valuation call. Deutsche Bank reaffirmed a “hold” rating and issued a $123.00 target price on shares of Marriott International in a research report on Wednesday, August 7th. Finally, Longbow Research downgraded shares of Marriott International from a “buy” rating to a “neutral” rating in a research report on Monday, July 15th. Eleven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Marriott International presently has an average rating of “Hold” and a consensus target price of $136.93.

Hedge funds have recently made changes to their positions in the stock. Meridian Wealth Management LLC acquired a new stake in Marriott International in the 2nd quarter worth about $25,000. Strategy Asset Managers LLC acquired a new position in shares of Marriott International in the 1st quarter valued at approximately $29,000. Harvest Group Wealth Management LLC acquired a new position in shares of Marriott International in the 1st quarter valued at approximately $30,000. NuWave Investment Management LLC raised its position in shares of Marriott International by 373.9% in the 2nd quarter. NuWave Investment Management LLC now owns 218 shares of the company’s stock valued at $31,000 after buying an additional 172 shares in the last quarter. Finally, TLW Wealth Management LLC acquired a new position in shares of Marriott International in the 2nd quarter valued at approximately $31,000. 61.73% of the stock is owned by institutional investors and hedge funds.

Marriott International Company Profile

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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