UMB Bank N A MO decreased its position in Marriott International Inc (NASDAQ:MAR) by 16.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 22,466 shares of the company’s stock after selling 4,280 shares during the quarter. UMB Bank N A MO’s holdings in Marriott International were worth $1,681,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Golden State Wealth Management LLC acquired a new position in Marriott International during the 1st quarter worth about $27,000. Joseph P. Lucia & Associates LLC lifted its position in Marriott International by 280.0% during the 1st quarter. Joseph P. Lucia & Associates LLC now owns 380 shares of the company’s stock valued at $28,000 after purchasing an additional 280 shares during the period. Ellevest Inc. lifted its position in Marriott International by 75.8% during the 1st quarter. Ellevest Inc. now owns 464 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares during the period. First Manhattan Co. lifted its position in Marriott International by 53.8% during the 1st quarter. First Manhattan Co. now owns 643 shares of the company’s stock valued at $48,000 after purchasing an additional 225 shares during the period. Finally, Atlas Private Wealth Management acquired a new position in Marriott International during the 4th quarter valued at about $49,000. Institutional investors and hedge funds own 62.83% of the company’s stock.

MAR has been the topic of a number of research reports. TheStreet downgraded shares of Marriott International from a “b-” rating to a “c+” rating in a research report on Wednesday, March 25th. Gordon Haskett assumed coverage on shares of Marriott International in a research report on Thursday. They set a “hold” rating and a $89.00 target price on the stock. Wells Fargo & Co reaffirmed a “buy” rating on shares of Marriott International in a research note on Friday, May 29th. Stifel Nicolaus lowered their price target on Marriott International from $142.00 to $135.00 and set a “hold” rating for the company in a research note on Thursday, February 27th. Finally, Nomura Instinet upped their price target on Marriott International from $123.00 to $148.00 and gave the company a “buy” rating in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, nineteen have given a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $112.22.

Shares of MAR traded down $2.96 during mid-day trading on Friday, hitting $81.08. 998,388 shares of the company’s stock were exchanged, compared to its average volume of 6,008,186. The company has a market cap of $26.99 billion, a PE ratio of 29.84, a P/E/G ratio of 21.92 and a beta of 1.60. Marriott International Inc has a 52 week low of $46.56 and a 52 week high of $153.39. The company has a 50-day simple moving average of $91.61 and a 200 day simple moving average of $112.47. The company has a debt-to-equity ratio of 15.43, a current ratio of 0.62 and a quick ratio of 0.62.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Monday, May 11th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.64). The company had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.03 billion. Marriott International had a net margin of 4.50% and a return on equity of 231.22%. The company’s quarterly revenue was down 6.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.41 EPS. On average, analysts anticipate that Marriott International Inc will post 0.64 earnings per share for the current year.

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

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