Tredje AP fonden grew its stake in Marriott International Inc (NASDAQ:MAR) by 19.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,417 shares of the company’s stock after buying an additional 3,363 shares during the period. Tredje AP fonden’s holdings in Marriott International were worth $1,527,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Atlas Private Wealth Management bought a new position in shares of Marriott International in the fourth quarter worth about $49,000. Golden State Wealth Management LLC bought a new stake in shares of Marriott International in the 1st quarter valued at $27,000. Joseph P. Lucia & Associates LLC increased its position in shares of Marriott International by 280.0% in the 1st quarter. Joseph P. Lucia & Associates LLC now owns 380 shares of the company’s stock valued at $28,000 after buying an additional 280 shares in the last quarter. NWK Group Inc. bought a new stake in shares of Marriott International in the 4th quarter valued at $61,000. Finally, Advisory Alpha LLC increased its position in shares of Marriott International by 1,042.1% in the 4th quarter. Advisory Alpha LLC now owns 434 shares of the company’s stock valued at $64,000 after buying an additional 396 shares in the last quarter. 62.83% of the stock is owned by institutional investors.

MAR has been the subject of a number of recent analyst reports. BidaskClub cut shares of Marriott International from a “hold” rating to a “sell” rating in a research report on Saturday, June 20th. Deutsche Bank lowered their price objective on shares of Marriott International from $124.00 to $88.00 and set a “hold” rating for the company in a research report on Tuesday, May 12th. Nomura increased their target price on Marriott International from $123.00 to $148.00 and gave the stock a “buy” rating in a report on Tuesday. Jefferies Financial Group lowered their target price on Marriott International from $96.00 to $90.00 and set a “hold” rating for the company in a report on Wednesday, April 15th. Finally, Wells Fargo & Co reiterated a “buy” rating on shares of Marriott International in a report on Friday, May 29th. Two research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $112.22.

Shares of NASDAQ MAR traded down $3.27 during mid-day trading on Friday, hitting $80.77. The company had a trading volume of 1,523,826 shares, compared to its average volume of 6,008,186. The company has a market capitalization of $26.28 billion, a PE ratio of 29.05, a price-to-earnings-growth ratio of 21.92 and a beta of 1.60. The firm has a 50-day simple moving average of $91.61 and a two-hundred day simple moving average of $112.47. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 15.43. Marriott International Inc has a one year low of $46.56 and a one year high of $153.39.

Marriott International (NASDAQ:MAR) last issued its earnings results on Monday, May 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by ($0.64). Marriott International had a net margin of 4.50% and a return on equity of 231.22%. The firm had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.03 billion. During the same quarter last year, the business posted $1.41 earnings per share. The company’s revenue for the quarter was down 6.6% on a year-over-year basis. Sell-side analysts expect that Marriott International Inc will post 0.64 earnings per share for the current fiscal year.

About Marriott International

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

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