Marriott International Inc (MAR) Shares Bought by Baltimore Washington Financial Advisors Inc.

Baltimore Washington Financial Advisors Inc. boosted its stake in shares of Marriott International Inc (NASDAQ:MAR) by 1.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,197 shares of the company’s stock after purchasing an additional 990 shares during the period. Baltimore Washington Financial Advisors Inc.’s holdings in Marriott International were worth $7,023,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of MAR. USS Investment Management Ltd bought a new position in Marriott International during the third quarter valued at approximately $122,802,000. Janus Henderson Group PLC lifted its position in Marriott International by 43.7% during the second quarter. Janus Henderson Group PLC now owns 2,231,283 shares of the company’s stock valued at $282,481,000 after purchasing an additional 678,714 shares during the period. Natixis lifted its position in Marriott International by 2,495.3% during the second quarter. Natixis now owns 350,048 shares of the company’s stock valued at $44,316,000 after purchasing an additional 336,560 shares during the period. FMR LLC lifted its position in Marriott International by 2.0% during the second quarter. FMR LLC now owns 15,041,003 shares of the company’s stock valued at $1,904,190,000 after purchasing an additional 295,877 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its position in Marriott International by 10.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 3,188,135 shares of the company’s stock valued at $403,617,000 after purchasing an additional 290,784 shares during the period. Institutional investors own 61.94% of the company’s stock.

MAR opened at $120.93 on Friday. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.48 and a current ratio of 0.48. Marriott International Inc has a 1-year low of $106.96 and a 1-year high of $149.21. The company has a market capitalization of $41.96 billion, a price-to-earnings ratio of 27.74, a price-to-earnings-growth ratio of 1.80 and a beta of 1.38.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Monday, August 6th. The company reported $1.73 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.36 by $0.37. Marriott International had a net margin of 7.31% and a return on equity of 52.81%. The business had revenue of $5.35 billion for the quarter, compared to the consensus estimate of $5.90 billion. During the same period last year, the firm earned $1.13 earnings per share. The company’s quarterly revenue was up 2.6% on a year-over-year basis. On average, equities analysts anticipate that Marriott International Inc will post 5.88 EPS for the current year.

MAR has been the topic of a number of research analyst reports. Zacks Investment Research downgraded shares of Marriott International from a “hold” rating to a “sell” rating in a research report on Wednesday, July 18th. Morgan Stanley downgraded shares of Marriott International from an “overweight” rating to an “equal” rating and set a $129.00 price objective on the stock. in a research report on Tuesday, July 24th. BidaskClub downgraded shares of Marriott International from a “hold” rating to a “sell” rating in a research report on Wednesday, August 1st. ValuEngine downgraded shares of Marriott International from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th. Finally, Robert W. Baird restated a “hold” rating and set a $135.00 price objective on shares of Marriott International in a research report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company’s stock. Marriott International presently has an average rating of “Hold” and a consensus target price of $144.23.

In other Marriott International news, Director Frederick A. Henderson purchased 1,640 shares of the firm’s stock in a transaction on Thursday, August 9th. The shares were acquired at an average cost of $120.84 per share, for a total transaction of $198,177.60. Following the completion of the transaction, the director now owns 1,640 shares of the company’s stock, valued at $198,177.60. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. 12.99% of the stock is currently owned by company insiders.

Marriott International Profile

Marriott International, Inc operates, franchises, and licenses hotel, residential, and timeshare properties worldwide. The company operates through three segments: North American Full-Service, North American Limited-Service, and Asia Pacific. It operates its properties under the JW Marriott, The Ritz-Carlton, W Hotels, The Luxury Collection, St.

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

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