Marriott International, Inc. (NASDAQ:MAR) Shares Sold by Kintegral Advisory LLC

Kintegral Advisory LLC lowered its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,095 shares of the company’s stock after selling 238 shares during the quarter. Kintegral Advisory LLC’s holdings in Marriott International were worth $1,421,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jensen Investment Management Inc. purchased a new position in shares of Marriott International during the 3rd quarter worth about $793,000. BayBridge Capital Group LLC purchased a new position in Marriott International during the third quarter worth approximately $1,254,000. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Marriott International by 0.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 566,548 shares of the company’s stock valued at $140,844,000 after buying an additional 2,723 shares during the period. Oddo BHF Asset Management Sas acquired a new stake in shares of Marriott International during the 3rd quarter worth $2,721,000. Finally, Union Bancaire Privee UBP SA purchased a new position in shares of Marriott International in the 4th quarter worth $2,990,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

Marriott International Price Performance

MAR opened at $277.47 on Friday. The stock has a market capitalization of $76.50 billion, a PE ratio of 33.35, a P/E/G ratio of 3.42 and a beta of 1.57. Marriott International, Inc. has a 12-month low of $204.55 and a 12-month high of $307.52. The firm’s fifty day moving average price is $283.73 and its 200 day moving average price is $265.10.

Marriott International (NASDAQ:MAR) last issued its quarterly 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, equities research analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 27th will be given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend is Thursday, February 27th. Marriott International’s dividend payout ratio is currently 30.29%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Mizuho upped their price target on Marriott International from $246.00 to $293.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 12th. Stifel Nicolaus raised their price target on shares of Marriott International from $252.00 to $283.00 and gave the company a “hold” rating in a report on Tuesday, November 26th. The Goldman Sachs Group boosted their price objective on shares of Marriott International from $280.00 to $314.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. TD Cowen cut their target price on shares of Marriott International from $295.00 to $283.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, Truist Financial upped their price target on shares of Marriott International from $277.00 to $308.00 and gave the stock a “hold” rating in a research report on Wednesday, February 12th. Thirteen analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Marriott International presently has a consensus rating of “Hold” and an average target price of $284.05.

About Marriott International

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.