Yousif Capital Management LLC Buys 4,593 Shares of Marriott International, Inc. (NASDAQ:MAR)

Yousif Capital Management LLC boosted its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 12.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,522 shares of the company’s stock after acquiring an additional 4,593 shares during the period. Yousif Capital Management LLC’s holdings in Marriott International were worth $9,138,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Grove Bank & Trust raised its stake in Marriott International by 3.4% during the 4th quarter. Grove Bank & Trust now owns 1,307 shares of the company’s stock valued at $295,000 after purchasing an additional 43 shares during the period. Argus Investors Counsel Inc. raised its position in shares of Marriott International by 0.6% during the fourth quarter. Argus Investors Counsel Inc. now owns 7,731 shares of the company’s stock valued at $1,743,000 after buying an additional 45 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in Marriott International by 2.8% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,673 shares of the company’s stock valued at $377,000 after acquiring an additional 45 shares during the last quarter. ORG Partners LLC increased its holdings in shares of Marriott International by 72.6% in the fourth quarter. ORG Partners LLC now owns 126 shares of the company’s stock worth $29,000 after purchasing an additional 53 shares during the last quarter. Finally, Chicago Capital LLC increased its position in Marriott International by 1.2% in the third quarter. Chicago Capital LLC now owns 4,597 shares of the company’s stock worth $904,000 after purchasing an additional 54 shares during the last quarter. Institutional investors own 70.70% of the company’s stock.

Marriott International Stock Up 0.6 %

Marriott International stock opened at $245.51 on Thursday. Marriott International, Inc. has a 52 week low of $162.77 and a 52 week high of $260.57. The company has a market capitalization of $70.95 billion, a price-to-earnings ratio of 23.95, a price-to-earnings-growth ratio of 5.35 and a beta of 1.62. The stock has a 50-day moving average price of $248.35 and a 200 day moving average price of $226.60.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Tuesday, February 13th. The company reported $3.57 EPS for the quarter, beating the consensus estimate of $2.12 by $1.45. The business had revenue of $6.10 billion during the quarter, compared to analysts’ expectations of $6.20 billion. Marriott International had a net margin of 13.00% and a negative return on equity of 848.49%. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.96 EPS. Research analysts anticipate that Marriott International, Inc. will post 9.46 EPS for the current fiscal year.

Marriott International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 22nd were issued a $0.52 dividend. The ex-dividend date of this dividend was Wednesday, February 21st. This represents a $2.08 annualized dividend and a dividend yield of 0.85%. Marriott International’s dividend payout ratio (DPR) is presently 20.41%.

Analyst Ratings Changes

MAR has been the topic of a number of analyst reports. BMO Capital Markets boosted their price objective on shares of Marriott International from $230.00 to $235.00 and gave the company a “market perform” rating in a research report on Wednesday, February 14th. Mizuho dropped their target price on shares of Marriott International from $263.00 to $260.00 and set a “neutral” rating on the stock in a report on Tuesday. Argus raised their price objective on Marriott International from $270.00 to $280.00 and gave the company a “buy” rating in a research report on Tuesday, March 19th. Barclays raised their price objective on Marriott International from $239.00 to $240.00 and gave the company an “equal weight” rating in a research report on Friday, April 19th. Finally, Wells Fargo & Company raised their price target on shares of Marriott International from $234.00 to $250.00 and gave the company an “equal weight” rating in a report on Monday, March 18th. 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, Marriott International presently has a consensus rating of “Hold” and an average target price of $236.69.

Insider Activity

In other Marriott International news, CEO Anthony Capuano sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was 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 of the company’s stock, valued at $23,188,899.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider David S. Marriott sold 2,878 shares of the company’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $248.94, for a total value of $716,449.32. Following the completion of the transaction, the insider now owns 596,042 shares of the company’s stock, valued at approximately $148,378,695.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Anthony Capuano sold 20,000 shares of the company’s stock in a transaction dated Thursday, February 22nd. The stock was 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 of the company’s stock, valued at approximately $23,188,899.04. The disclosure for this sale can be found here. Insiders sold a total of 125,003 shares of company stock valued at $30,435,493 in the last quarter. 12.32% of the stock is currently owned by company insiders.

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.