Monument Capital Management Acquires 42 Shares of Marriott International, Inc. (NASDAQ:MAR)

Monument Capital Management increased its holdings in shares of Marriott International, Inc. (NASDAQ:MAR) by 5.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 853 shares of the company’s stock after acquiring an additional 42 shares during the period. Monument Capital Management’s holdings in Marriott International were worth $238,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. J.W. Cole Advisors Inc. lifted its stake in shares of Marriott International by 59.3% in the fourth quarter. J.W. Cole Advisors Inc. now owns 4,256 shares of the company’s stock worth $1,187,000 after buying an additional 1,585 shares in the last quarter. Sheaff Brock Investment Advisors LLC lifted its stake in shares of Marriott International by 3.1% in the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 4,289 shares of the company’s stock worth $1,196,000 after buying an additional 127 shares in the last quarter. Allworth Financial LP lifted its stake in shares of Marriott International by 38.2% in the fourth quarter. Allworth Financial LP now owns 3,109 shares of the company’s stock worth $872,000 after buying an additional 859 shares in the last quarter. Principal Securities Inc. lifted its stake in shares of Marriott International by 31.5% in the fourth quarter. Principal Securities Inc. now owns 1,776 shares of the company’s stock worth $495,000 after buying an additional 425 shares in the last quarter. Finally, Roxbury Financial LLC purchased a new position in shares of Marriott International during the fourth quarter valued at approximately $50,000. Institutional investors own 70.70% of the company’s stock.

Insider Buying and Selling at Marriott International

In other Marriott International news, insider William P. Brown sold 1,707 shares of the stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $284.30, for a total transaction of $485,300.10. Following the completion of the transaction, the insider now owns 23,077 shares in the company, valued at $6,560,791.10. This trade represents a 6.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 12.32% of the stock is owned by company insiders.

Analysts Set New Price Targets

MAR has been the subject of several research reports. Robert W. Baird boosted their price objective on shares of Marriott International from $258.00 to $264.00 and gave the company a “neutral” rating in a report on Tuesday, November 5th. JPMorgan Chase & Co. boosted their price objective on shares of Marriott International from $251.00 to $269.00 and gave the company a “neutral” rating in a report on Friday, December 13th. Evercore ISI raised shares of Marriott International from an “in-line” rating to an “outperform” rating and set a $330.00 price objective for the company in a report on Tuesday, February 4th. Macquarie reissued a “neutral” rating and set a $245.00 price objective on shares of Marriott International in a report on Tuesday, November 5th. Finally, Bank of America boosted their price objective on shares of Marriott International from $275.00 to $300.00 and gave the company a “buy” rating in a report on Monday, October 21st. Thirteen research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $284.45.

Marriott International Stock Performance

Shares of NASDAQ:MAR opened at $283.52 on Tuesday. The firm has a fifty day moving average price of $284.12 and a 200 day moving average price of $262.98. Marriott International, Inc. has a fifty-two week low of $204.55 and a fifty-two week high of $307.52. The firm has a market cap of $78.79 billion, a price-to-earnings ratio of 29.66, a P/E/G ratio of 4.88 and a beta of 1.57.

Marriott International (NASDAQ:MAR) last issued its earnings results on Tuesday, February 11th. The company reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.37 by $0.08. Marriott International had a net margin of 11.18% and a negative return on equity of 177.91%. As a group, research analysts predict that Marriott International, Inc. will post 9.26 earnings per share for the current year.

Marriott International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, February 27th will be given a dividend of $0.63 per share. The ex-dividend date is Thursday, February 27th. This represents a $2.52 annualized dividend and a yield of 0.89%. Marriott International’s dividend payout ratio (DPR) is currently 26.36%.

Marriott International Company 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.