MQS Management LLC Sells 1,677 Shares of Marriott International, Inc. $MAR

MQS Management LLC reduced its position in shares of Marriott International, Inc. (NASDAQ:MARFree Report) by 65.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 895 shares of the company’s stock after selling 1,677 shares during the period. MQS Management LLC’s holdings in Marriott International were worth $293,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Kemnay Advisory Services Inc. bought a new position in shares of Marriott International during the 4th quarter worth approximately $27,000. McMillan Office Inc. bought a new stake in shares of Marriott International in the fourth quarter worth $27,000. Basepoint Wealth LLC acquired a new position in Marriott International during the fourth quarter worth $28,000. Godfrey Financial Associates Inc. bought a new position in Marriott International in the fourth quarter valued at $31,000. Finally, Advocate Investing Services LLC acquired a new stake in Marriott International in the 4th quarter valued at $31,000. Institutional investors own 70.70% of the company’s stock.

Analysts Set New Price Targets

MAR has been the subject of a number of recent research reports. Robert W. Baird reduced their price objective on shares of Marriott International from $388.00 to $386.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Sanford C. Bernstein set a $412.00 target price on Marriott International in a report on Monday, June 15th. JPMorgan Chase & Co. increased their price target on Marriott International from $356.00 to $383.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Wells Fargo & Company boosted their price target on Marriott International to $446.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Barclays upped their price objective on Marriott International from $372.00 to $376.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Eight equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marriott International currently has a consensus rating of “Moderate Buy” and a consensus target price of $384.73.

Get Our Latest Stock Report on MAR

Insiders Place Their Bets

In related news, EVP Peggy Roe sold 3,000 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $361.56, for a total value of $1,084,680.00. Following the sale, the executive vice president owned 19,827 shares in the company, valued at approximately $7,168,650.12. This represents a 13.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 11.43% of the company’s stock.

Marriott International Price Performance

Marriott International stock opened at $372.95 on Friday. The company’s 50-day moving average is $373.88 and its 200-day moving average is $345.83. The firm has a market capitalization of $98.34 billion, a PE ratio of 39.13, a P/E/G ratio of 2.93 and a beta of 1.11. Marriott International, Inc. has a fifty-two week low of $253.76 and a fifty-two week high of $410.98.

Marriott International (NASDAQ:MARGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.16. The business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $6.59 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.Marriott International’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the company posted $2.32 earnings per share. Marriott International has set its FY 2026 guidance at 11.380-11.630 EPS and its Q2 2026 guidance at 2.990-3.060 EPS. As a group, analysts expect that Marriott International, Inc. will post 11.64 EPS for the current year.

Marriott International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 22nd were issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, May 22nd. This is a boost from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s payout ratio is presently 30.64%.

Marriott International Profile

(Free Report)

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.

See Also

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

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