Family Firm Inc. boosted its stake in Marriott International Inc (NASDAQ:MAR) by 0.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. They now have a United States dollars 111 price target on the stock. The rating was maintained by Stifel Nicolaus with "Hold" on Monday, September 26.
MAR has been the subject of several other research reports. Marriott International presently has a consensus rating of "Buy" and a consensus target price of $96.91. Canaccord Genuity reaffirmed a "buy" rating and set a $100.00 price objective on shares of Marriott International in a research report on Friday, February 24th. Royal Bank of Canada reiterated an "outperform" rating and set a $92.00 target price (up previously from $90.00) on shares of Marriott International in a research note on Friday, March 3rd. Instinet boosted their target price on shares of Marriott International from $100.00 to $121.00 and gave the company a "buy" rating in a research report on Wednesday, May 10th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the stock. They now have a United States dollars 80 price target on the stock. The stock has a market capitalization of $40.44 billion, a PE ratio of 37.81 and a beta of 1.22. Latest closing price was 12.04% above its 50-day moving average and 31.50% above its 200-day moving average. Marriott International Inc has a 1-year low of $60.87 and a 1-year high of $110.51. Marriott International Inc (NASDAQ:MAR) has risen 58.26% since June 2, 2016 and is uptrending. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $0.11. The business had revenue of $5.56 billion during the quarter, compared to analysts' expectations of $5.28 billion. Marriott International had a return on equity of 27.82% and a net margin of 6.56%. The business's revenue for the quarter was up 47.4% compared to the same quarter past year. During the same period a year ago, the business earned $0.87 earnings per share. On average, equities research 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 issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, May 17th. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Wms Partners Ltd Liability has invested 0.06% of its portfolio in Marriott International Inc (NASDAQ:MAR).
ILLEGAL ACTIVITY NOTICE: This piece of content was first posted by Markets Daily and is the property of of Markets Daily. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States & global trademark & copyright law. The Vermont-based Maple Capital Management Inc. has invested 0.26% in the stock. The shares were sold at an average price of $93.42, for a total value of $3,275,211.78. Following the completion of the sale, the insider now directly owns 45,201 shares in the company, valued at approximately $4,775,937.66. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Argiris Kyriakidis sold 3,800 shares of the company's stock in a transaction that occurred on Thursday, May 11th. Following the sale, the insider now owns 145,601 shares of the company's stock, valued at $15,643,371.44. In the last three months, insiders sold 104,029 shares of company stock worth $10,117,644. High Point Bank & Trust Co. raised its position in Marriott International by 11.5% in the fourth quarter. Quadrant Capital Group LLC now owns 1,825 shares of the company's stock worth $166,000 after buying an additional 75 shares during the period. Finally, TrimTabs Asset Management LLC raised its position in Marriott International by 89.1% in the first quarter. Analysts polled by Thomson Reuters have a current consensus target on company stock of $103.65. Cleararc Capital Inc. boosted its position in Marriott International by 0.4% in the fourth quarter. Palisades Hudson Asset Management Ltd Partnership, a Florida-based fund reported 5,329 shares. Finally, Financial Architects Inc boosted its stake in shares of Marriott International by 1.2% in the third 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. Hedge funds and other institutional investors own 64.62% of the company's stock.
Shares of Marriott International Inc (NASDAQ:MAR) have earned an average recommendation of "Buy" from the nineteen research firms that are covering the firm, Marketbeat reports. It operates through three segments: North American Full-Service, which includes brands, such as The Ritz-Carlton, EDITION, JW Marriott, Autograph Collection Hotels, Marriott Hotels, Delta Hotels and Resorts, and Renaissance Hotels located in the United States and Canada; North American Limited-Service, which includes brands, such as AC Hotels by Marriott, Courtyard, Residence Inn, SpringHill Suites, TownePlace Suites properties and Fairfield Inn & Suites located in the United States and Canada, and global, which includes brands, such as Bulgari Hotels & Resorts, Protea Hotels and Moxy Hotels located outside the United States and Canada.