900 Shares in Marriott International, Inc. (NASDAQ:MAR) Bought by Lakeside Advisors INC.

Lakeside Advisors INC. acquired a new stake in shares of Marriott International, Inc. (NASDAQ:MAR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 900 shares of the company’s stock, valued at approximately $203,000.

Other institutional investors have also bought and sold shares of the company. American Century Companies Inc. raised its stake in shares of Marriott International by 2.4% in the first quarter. American Century Companies Inc. now owns 13,938 shares of the company’s stock valued at $2,450,000 after acquiring an additional 330 shares during the period. Raymond James Trust N.A. raised its stake in shares of Marriott International by 5.8% in the first quarter. Raymond James Trust N.A. now owns 3,444 shares of the company’s stock valued at $605,000 after acquiring an additional 189 shares during the period. Synovus Financial Corp raised its stake in shares of Marriott International by 13.3% in the first quarter. Synovus Financial Corp now owns 3,873 shares of the company’s stock valued at $682,000 after acquiring an additional 455 shares during the period. Sei Investments Co. raised its stake in shares of Marriott International by 12.1% in the first quarter. Sei Investments Co. now owns 43,563 shares of the company’s stock valued at $7,708,000 after acquiring an additional 4,685 shares during the period. Finally, Candriam Luxembourg S.C.A. raised its stake in shares of Marriott International by 64.9% in the first quarter. Candriam Luxembourg S.C.A. now owns 27,406 shares of the company’s stock valued at $4,816,000 after acquiring an additional 10,790 shares during the period. Institutional investors own 70.70% of the company’s stock.

Marriott International Stock Down 1.7 %

Shares of Marriott International stock traded down $4.08 on Wednesday, reaching $241.54. The stock had a trading volume of 510,822 shares, compared to its average volume of 1,409,065. The company has a 50 day moving average price of $248.99 and a 200 day moving average price of $224.94. Marriott International, Inc. has a 1 year low of $162.77 and a 1 year high of $260.57. The stock has a market capitalization of $69.80 billion, a P/E ratio of 24.10, a P/E/G ratio of 1.81 and a beta of 1.62.

Marriott International (NASDAQ:MAR) last released its earnings results on Tuesday, February 13th. The company reported $3.57 earnings per share for the quarter, topping the consensus estimate of $2.12 by $1.45. The company had revenue of $6.10 billion for the quarter, compared to the consensus estimate of $6.20 billion. Marriott International had a net margin of 13.00% and a negative return on equity of 848.49%. Marriott International’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.96 EPS. On average, analysts forecast that Marriott International, Inc. will post 9.46 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 22nd were given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend was Wednesday, February 21st. Marriott International’s dividend payout ratio is presently 20.41%.

Analyst Ratings Changes

MAR has been the topic of several recent analyst reports. Argus raised their price target on shares of Marriott International from $270.00 to $280.00 and gave the stock a “buy” rating in a research note on Tuesday, March 19th. Wells Fargo & Company raised their price target on shares of Marriott International from $234.00 to $250.00 and gave the stock an “equal weight” rating in a research note on Monday, March 18th. Barclays raised their price target on shares of Marriott International from $234.00 to $239.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 14th. UBS Group raised their price target on shares of Marriott International from $210.00 to $259.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 28th. Finally, Mizuho started coverage on shares of Marriott International in a research note on Tuesday, March 26th. They issued a “neutral” rating and a $263.00 price target on the stock. Eleven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $236.81.

Insiders Place Their Bets

In other news, Director Eric Hippeau sold 1,400 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $251.19, for a total value of $351,666.00. Following the sale, the director now directly owns 72 shares of the company’s stock, valued at approximately $18,085.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Anthony Capuano sold 20,000 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $248.48, for a total value of $4,969,600.00. Following the completion of the transaction, the chief executive officer now directly owns 93,323 shares in the company, valued at approximately $23,188,899.04. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Eric Hippeau sold 1,400 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $251.19, for a total transaction of $351,666.00. Following the completion of the transaction, the director now owns 72 shares of the company’s stock, valued at $18,085.68. The disclosure for this sale can be found here. In the last quarter, insiders have sold 125,003 shares of company stock valued at $30,435,493. Insiders own 10.07% of the company’s stock.

About Marriott International

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.