F M Investments LLC Has $17.49 Million Holdings in Marriott International, Inc. (NASDAQ:MAR)

F M Investments LLC lowered its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 20.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 62,704 shares of the company’s stock after selling 16,023 shares during the quarter. Marriott International comprises approximately 0.6% of F M Investments LLC’s holdings, making the stock its 26th largest holding. F M Investments LLC’s holdings in Marriott International were worth $17,491,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in MAR. Hopwood Financial Services Inc. acquired a new position in shares of Marriott International in the 4th quarter valued at $25,000. Bernard Wealth Management Corp. acquired a new position in Marriott International in the fourth quarter worth about $25,000. Bell Investment Advisors Inc lifted its stake in Marriott International by 112.2% during the fourth quarter. Bell Investment Advisors Inc now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 55 shares during the period. Sound Income Strategies LLC grew its stake in shares of Marriott International by 494.4% in the 4th quarter. Sound Income Strategies LLC now owns 107 shares of the company’s stock valued at $30,000 after purchasing an additional 89 shares during the period. Finally, Wingate Wealth Advisors Inc. bought a new position in shares of Marriott International during the 4th quarter worth approximately $33,000. Institutional investors own 70.70% of the company’s stock.

Insiders Place Their Bets

In other Marriott International news, Director Susan C. Schwab sold 1,054 shares of Marriott International stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $277.48, for a total transaction of $292,463.92. Following the completion of the transaction, the director now owns 4,551 shares in the company, valued at approximately $1,262,811.48. The trade was a 18.80 % decrease in their position. 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 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 directly owns 30,919 shares in the company, valued at $8,831,393.97. This represents a 29.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 31,694 shares of company stock worth $8,938,132. Corporate insiders own 12.32% of the company’s stock.

Analyst Upgrades and Downgrades

MAR has been the topic of a number of analyst reports. Mizuho upped their price target on Marriott International from $246.00 to $293.00 and gave the company a “neutral” rating in a research report on Wednesday, February 12th. Morgan Stanley increased their target price on shares of Marriott International from $289.00 to $298.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 4th. Argus upped their price objective on shares of Marriott International from $300.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, January 16th. UBS Group lifted their target price on shares of Marriott International from $294.00 to $301.00 and gave the company a “neutral” rating in a research note on Wednesday, February 12th. Finally, Wells Fargo & Company reduced their target price on shares of Marriott International from $285.00 to $277.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 18th. Thirteen analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $282.60.

Marriott International Stock Performance

Marriott International stock opened at $233.39 on Thursday. The stock has a fifty day moving average of $260.45 and a 200-day moving average of $269.67. The stock has a market capitalization of $64.41 billion, a P/E ratio of 28.05, a price-to-earnings-growth ratio of 3.42 and a beta of 1.42. Marriott International, Inc. has a 52 week low of $204.55 and a 52 week high of $307.52.

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

Marriott International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, February 27th were issued a $0.63 dividend. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $2.52 annualized dividend and a yield of 1.08%. Marriott International’s payout ratio 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.