800 Shares in Marriott International, Inc. (NASDAQ:MAR) Bought by Paradigm Asset Management Co. LLC

Paradigm Asset Management Co. LLC acquired a new position in shares of Marriott International, Inc. (NASDAQ:MAR) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 800 shares of the company’s stock, valued at approximately $223,000.

Other large investors have also recently bought and sold shares of the company. Sound Income Strategies LLC increased its stake in shares of Marriott International by 494.4% in the 4th quarter. Sound Income Strategies LLC now owns 107 shares of the company’s stock valued at $30,000 after purchasing an additional 89 shares during the last quarter. Silvant Capital Management LLC bought a new position in Marriott International in the third quarter valued at about $31,000. Darwin Wealth Management LLC acquired a new position in Marriott International during the third quarter worth about $33,000. Wingate Wealth Advisors Inc. bought a new position in shares of Marriott International in the fourth quarter worth about $33,000. Finally, ORG Partners LLC boosted its stake in shares of Marriott International by 158.5% in the 4th quarter. ORG Partners LLC now owns 137 shares of the company’s stock valued at $38,000 after purchasing an additional 84 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on MAR. 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 research note on Tuesday, February 4th. Robert W. Baird increased their price target on Marriott International from $258.00 to $264.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. Wells Fargo & Company reduced their price objective on Marriott International from $285.00 to $277.00 and set an “equal weight” rating on the stock in a research report on Tuesday. The Goldman Sachs Group increased their target price on Marriott International from $280.00 to $314.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Finally, Susquehanna boosted their price target on Marriott International from $255.00 to $285.00 and gave the stock a “neutral” rating in a report on Wednesday, February 12th. 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.com, the stock presently has an average rating of “Hold” and a consensus price target of $284.05.

Marriott International Trading Down 3.4 %

Shares of MAR opened at $277.47 on Friday. The firm’s fifty day simple moving average is $283.73 and its two-hundred day simple moving average is $264.75. Marriott International, Inc. has a 12 month low of $204.55 and a 12 month high of $307.52. The stock has a market capitalization of $76.50 billion, a P/E ratio of 33.35, a price-to-earnings-growth ratio of 3.42 and a beta of 1.57.

Marriott International (NASDAQ:MAR) last released its 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 negative return on equity of 116.67% and a net margin of 9.46%. As a group, research analysts predict that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

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

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.