Blair William & Co. IL Has $9.85 Million Position in Marriott International, Inc. (NASDAQ:MAR)

Blair William & Co. IL grew its stake in Marriott International, Inc. (NASDAQ:MAR) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,319 shares of the company’s stock after acquiring an additional 198 shares during the period. Blair William & Co. IL’s holdings in Marriott International were worth $9,852,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its position in shares of Marriott International by 2.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,477,619 shares of the company’s stock valued at $412,167,000 after acquiring an additional 32,288 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Marriott International by 4.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,024,187 shares of the company’s stock valued at $254,613,000 after purchasing an additional 46,563 shares during the last quarter. Janus Henderson Group PLC increased its position in Marriott International by 8.4% during the third quarter. Janus Henderson Group PLC now owns 613,052 shares of the company’s stock worth $152,399,000 after buying an additional 47,551 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Marriott International in the fourth quarter valued at approximately $165,162,000. Finally, PointState Capital LP acquired a new stake in shares of Marriott International in the third quarter valued at approximately $98,249,000. Institutional investors own 70.70% of the company’s stock.

Insider Buying and Selling

In other Marriott International news, Director Susan C. Schwab sold 1,054 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $277.48, for a total transaction of $292,463.92. Following the sale, the director now directly owns 4,551 shares of the company’s stock, valued at $1,262,811.48. The trade was a 18.80 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider William P. Brown sold 12,642 shares of Marriott International stock in a transaction on Friday, February 21st. The stock was sold at an average price of $285.63, for a total transaction of $3,610,934.46. Following the transaction, the insider now owns 30,919 shares in the company, valued at approximately $8,831,393.97. This trade represents a 29.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 31,694 shares of company stock worth $8,938,132 in the last 90 days. Insiders own 12.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on MAR shares. JPMorgan Chase & Co. increased their price target on Marriott International from $251.00 to $269.00 and gave the company a “neutral” rating in a research note on Friday, December 13th. Jefferies Financial Group raised their target price on shares of Marriott International from $251.00 to $295.00 and gave the stock a “hold” rating in a research note on Thursday, January 2nd. Mizuho increased their price target on shares of Marriott International from $246.00 to $293.00 and gave the company a “neutral” rating in a report on Wednesday, February 12th. Evercore ISI raised Marriott International from an “in-line” rating to an “outperform” rating and set a $330.00 target price on the stock in a research report on Tuesday, February 4th. Finally, Truist Financial dropped their price target on Marriott International from $308.00 to $300.00 and set a “hold” rating for the company in a report on Friday, March 21st. Thirteen research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $286.05.

Marriott International Stock Performance

Shares of MAR opened at $237.01 on Friday. Marriott International, Inc. has a 52-week low of $204.55 and a 52-week high of $307.52. The firm has a market cap of $65.34 billion, a price-to-earnings ratio of 28.49, a PEG ratio of 3.42 and a beta of 1.58. The business’s fifty day moving average is $272.32 and its 200-day moving average is $270.62.

Marriott International (NASDAQ:MAR) last posted its earnings results on Tuesday, February 11th. The company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.37 by $0.08. Marriott International had a net margin of 9.46% and a negative return on equity of 116.67%. As a group, research analysts forecast that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 27th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Thursday, February 27th. Marriott International’s dividend payout ratio (DPR) is 30.29%.

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.