PFW Advisors LLC Makes New $378,000 Investment in Marriott International, Inc. (NASDAQ:MAR)

PFW Advisors LLC acquired a new stake in Marriott International, Inc. (NASDAQ:MAR) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 1,355 shares of the company’s stock, valued at approximately $378,000.

Several other large investors have also added to or reduced their stakes in the business. Silvant Capital Management LLC bought a new stake in shares of Marriott International in the 3rd quarter valued at $31,000. Darwin Wealth Management LLC acquired a new stake in shares of Marriott International in the 3rd quarter valued at about $33,000. Cyrus J. Lawrence LLC bought a new stake in Marriott International in the 2nd quarter valued at about $36,000. ORG Partners LLC boosted its holdings in Marriott International by 158.5% in the fourth quarter. ORG Partners LLC now owns 137 shares of the company’s stock worth $38,000 after acquiring an additional 84 shares in the last quarter. Finally, Kathleen S. Wright Associates Inc. acquired a new position in shares of Marriott International during the third quarter worth approximately $40,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

Insider Activity at Marriott International

In other news, CAO Felitia Lee sold 916 shares of Marriott International stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $276.48, for a total transaction of $253,255.68. Following the completion of the transaction, the chief accounting officer now directly owns 5,609 shares in the company, valued at approximately $1,550,776.32. This trade represents a 14.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider William P. Brown sold 1,707 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $284.30, for a total value of $485,300.10. Following the transaction, the insider now directly owns 23,077 shares of the company’s stock, valued at approximately $6,560,791.10. This trade represents a 6.89 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,815 shares of company stock worth $3,919,739 over the last quarter. Corporate insiders own 12.32% of the company’s stock.

Marriott International Price Performance

NASDAQ MAR traded up $1.53 on Monday, reaching $272.29. 935,725 shares of the company’s stock traded hands, compared to its average volume of 1,254,685. The stock has a market cap of $75.67 billion, a PE ratio of 28.48, a P/E/G ratio of 5.47 and a beta of 1.57. Marriott International, Inc. has a 12 month low of $204.55 and a 12 month high of $295.45. The stock has a 50-day simple moving average of $281.99 and a 200 day simple moving average of $254.90.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Monday, November 4th. The company reported $2.26 EPS for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.05). Marriott International had a net margin of 11.18% and a negative return on equity of 177.91%. The firm had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.27 billion. During the same quarter in the prior year, the company earned $2.11 earnings per share. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, analysts anticipate that Marriott International, Inc. will post 9.26 EPS for the current year.

Marriott International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, November 21st were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date of this dividend was Thursday, November 21st. Marriott International’s payout ratio is 26.36%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on MAR shares. Macquarie reissued a “neutral” rating and set a $245.00 target price on shares of Marriott International in a research report on Tuesday, November 5th. Sanford C. Bernstein increased their price objective on shares of Marriott International from $262.00 to $290.00 and gave the company an “outperform” rating in a research note on Tuesday, November 5th. Wells Fargo & Company boosted their target price on Marriott International from $238.00 to $261.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 22nd. TD Cowen decreased their price target on Marriott International from $295.00 to $283.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Finally, JPMorgan Chase & Co. upped their price objective on Marriott International from $251.00 to $269.00 and gave the company a “neutral” rating in a research note on Friday, December 13th. Fourteen equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $269.65.

Marriott International 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, City Express by Marriott, and St.