Marriott International Inc (MAR) Position Held by YHB Investment Advisors Inc.

YHB Investment Advisors Inc. continued to hold its stake in shares of Marriott International Inc (NASDAQ:MAR) during the first quarter, Holdings Channel reports. The institutional investor owned 44,209 shares of the company’s stock at the end of the first quarter. YHB Investment Advisors Inc.’s holdings in Marriott International were worth $4,174,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Israel Discount Bank of New York GFN acquired a new stake in shares of Marriott International during the fourth quarter valued at about $116,000. High Point Bank & Trust Co. increased its stake in shares of Marriott International by 11.5% in the fourth quarter. High Point Bank & Trust Co. now owns 1,450 shares of the company’s stock valued at $120,000 after buying an additional 149 shares in the last quarter. TrimTabs Asset Management LLC increased its stake in shares of Marriott International by 89.1% in the first quarter. TrimTabs Asset Management LLC now owns 1,562 shares of the company’s stock valued at $147,000 after buying an additional 736 shares in the last quarter. Glassman Wealth Services increased its stake in shares of Marriott International by 0.3% in the fourth quarter. Glassman Wealth Services now owns 1,570 shares of the company’s stock valued at $130,000 after buying an additional 5 shares in the last quarter. Finally, First Bank & Trust increased its stake in shares of Marriott International by 3.6% in the first quarter. First Bank & Trust now owns 1,681 shares of the company’s stock valued at $158,000 after buying an additional 59 shares in the last quarter. 64.62% of the stock is currently owned by institutional investors.

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

Marriott International Inc (MAR) traded down 2.24% on Tuesday, hitting $105.77. 1,587,631 shares of the stock were exchanged. Marriott International Inc has a 1-year low of $60.87 and a 1-year high of $110.51. The company has a 50-day moving average price of $100.35 and a 200 day moving average price of $89.62. The company has a market capitalization of $40.08 billion, a PE ratio of 37.47 and a beta of 1.22.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Monday, May 8th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.11. The business had revenue of $5.56 billion for the quarter, compared to analyst estimates of $5.28 billion. Marriott International had a net margin of 6.56% and a return on equity of 27.82%. The firm’s revenue for the quarter was up 47.4% on a year-over-year basis. During the same quarter last year, the business posted $0.87 EPS. Analysts anticipate that Marriott International Inc will post $4.04 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Friday, May 19th will be given a dividend of $0.33 per share. This is a positive change from Marriott International’s previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, May 17th. This represents a $1.32 annualized dividend and a dividend yield of 1.22%. Marriott International’s dividend payout ratio (DPR) is currently 42.25%.

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Several brokerages have recently issued reports on MAR. Barclays PLC reaffirmed a “hold” rating and issued a $89.00 price target on shares of Marriott International in a research report on Tuesday, February 14th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $95.00 price target (up from $87.00) on shares of Marriott International in a research report on Tuesday, May 9th. Zacks Investment Research raised Marriott International from a “hold” rating to a “buy” rating and set a $120.00 target price on the stock in a research report on Wednesday, May 31st. Canaccord Genuity reissued a “buy” rating and set a $94.00 target price on shares of Marriott International in a research report on Thursday, February 16th. Finally, Instinet lifted their target price on Marriott International from $100.00 to $121.00 and gave the stock a “buy” rating in a research report on Wednesday, May 10th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $96.91.

In other news, insider Argiris Kyriakidis sold 3,800 shares of the firm’s stock in a transaction on Thursday, May 11th. The shares were sold at an average price of $102.94, for a total transaction of $391,172.00. Following the completion of the transaction, the insider now owns 19,079 shares of the company’s stock, valued at $1,963,992.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Stephen Blake Marriott sold 3,733 shares of the firm’s stock in a transaction on Wednesday, May 31st. The shares were sold at an average price of $107.44, for a total transaction of $401,073.52. Following the transaction, the insider now directly owns 145,601 shares of the company’s stock, valued at approximately $15,643,371.44. The disclosure for this sale can be found here. Insiders have sold a total of 104,029 shares of company stock worth $10,117,644 in the last quarter. 17.07% of the stock is currently owned by company insiders.

About Marriott International

Marriott International, Inc (Marriott International) is a lodging company. Marriott International operates in three business segments: North American Full-Service, North American Limited-Service and International. Its North American Full-Service segment includes its Luxury and Premium brands (JW Marriott, Marriott Hotels, Sheraton, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Gaylord Hotels, and Tribute Portfolio) located in the United States and Canada.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:MAR”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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