Marriott International, Inc. (NASDAQ:MAR) Stock Holdings Lifted by MCF Advisors LLC

MCF Advisors LLC lifted its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 4.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,202 shares of the company’s stock after buying an additional 49 shares during the period. MCF Advisors LLC’s holdings in Marriott International were worth $290,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Rockland Trust Co. lifted its position in shares of Marriott International by 2.3% during the 2nd quarter. Rockland Trust Co. now owns 1,802 shares of the company’s stock valued at $436,000 after acquiring an additional 41 shares during the last quarter. Manchester Capital Management LLC boosted its position in shares of Marriott International by 2.3% in the 4th quarter. Manchester Capital Management LLC now owns 1,841 shares of the company’s stock valued at $415,000 after purchasing an additional 42 shares during the period. Moody National Bank Trust Division increased its stake in Marriott International by 1.2% in the 1st quarter. Moody National Bank Trust Division now owns 3,673 shares of the company’s stock worth $927,000 after purchasing an additional 42 shares in the last quarter. Kathmere Capital Management LLC raised its holdings in Marriott International by 1.2% during the 1st quarter. Kathmere Capital Management LLC now owns 3,599 shares of the company’s stock worth $908,000 after buying an additional 42 shares during the period. Finally, Park Avenue Securities LLC lifted its stake in Marriott International by 1.4% during the second quarter. Park Avenue Securities LLC now owns 3,298 shares of the company’s stock valued at $797,000 after buying an additional 46 shares in the last quarter. Institutional investors own 70.70% of the company’s stock.

Marriott International Trading Down 0.2 %

MAR opened at $229.06 on Friday. The company’s 50 day moving average is $231.35 and its 200-day moving average is $238.96. The company has a market cap of $65.42 billion, a P/E ratio of 23.64, a PEG ratio of 5.51 and a beta of 1.59. Marriott International, Inc. has a 1-year low of $180.75 and a 1-year high of $260.57.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Wednesday, July 31st. The company reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.49 by $0.01. The firm had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.47 billion. Marriott International had a net margin of 12.01% and a negative return on equity of 239.60%. The company’s revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the business earned $2.26 EPS. On average, equities analysts forecast that Marriott International, Inc. will post 9.37 EPS for the current year.

Marriott International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 16th will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Friday, August 16th. Marriott International’s dividend payout ratio (DPR) is currently 26.01%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on MAR shares. Robert W. Baird cut their price target on shares of Marriott International from $252.00 to $245.00 and set a “neutral” rating on the stock in a report on Thursday, August 1st. Sanford C. Bernstein raised Marriott International from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $247.00 to $262.00 in a research note on Thursday, August 29th. Macquarie reaffirmed a “neutral” rating and set a $245.00 target price on shares of Marriott International in a research note on Friday, August 2nd. Wells Fargo & Company reduced their price target on shares of Marriott International from $248.00 to $238.00 and set an “equal weight” rating for the company in a research report on Thursday, August 1st. Finally, JPMorgan Chase & Co. increased their target price on shares of Marriott International from $235.00 to $255.00 and gave the stock a “neutral” rating in a research report on Friday, July 19th. Thirteen investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $244.44.

Marriott International Company Profile

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, and City Express by Marriott brand names, as well as operates residences, timeshares, and yachts.