MQS Management LLC Sells 1,414 Shares of Marriott International, Inc. $MAR

MQS Management LLC lowered its position in Marriott International, Inc. (NASDAQ:MAR) by 59.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 964 shares of the company’s stock after selling 1,414 shares during the period. MQS Management LLC’s holdings in Marriott International were worth $263,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Nissay Asset Management Corp Japan ADV increased its position in shares of Marriott International by 9.5% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 62,995 shares of the company’s stock valued at $15,005,000 after buying an additional 5,482 shares in the last quarter. Permanens Capital L.P. increased its position in shares of Marriott International by 15.6% in the 1st quarter. Permanens Capital L.P. now owns 15,396 shares of the company’s stock valued at $3,667,000 after buying an additional 2,076 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Marriott International by 3.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 219,939 shares of the company’s stock worth $52,389,000 after purchasing an additional 8,149 shares in the last quarter. Swedbank AB increased its holdings in Marriott International by 1.3% during the 1st quarter. Swedbank AB now owns 68,429 shares of the company’s stock worth $16,300,000 after purchasing an additional 881 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. bought a new position in Marriott International during the 1st quarter worth about $2,244,000. Institutional investors own 70.70% of the company’s stock.

Marriott International Stock Performance

Shares of NASDAQ:MAR opened at $271.21 on Tuesday. The company has a 50-day simple moving average of $265.96 and a 200 day simple moving average of $262.24. The company has a market capitalization of $73.62 billion, a P/E ratio of 30.58, a price-to-earnings-growth ratio of 2.80 and a beta of 1.35. Marriott International, Inc. has a 52-week low of $205.40 and a 52-week high of $307.52.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.65. The firm had revenue of $6.74 billion during the quarter, compared to the consensus estimate of $6.66 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period last year, the business posted $2.50 earnings per share. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. As a group, equities analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current year.

Marriott International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, August 21st were given a dividend of $0.67 per share. The ex-dividend date was Thursday, August 21st. This represents a $2.68 annualized dividend and a yield of 1.0%. Marriott International’s dividend payout ratio (DPR) is 30.21%.

Marriott International announced that its Board of Directors has initiated a stock buyback program on Thursday, August 7th that authorizes the company to buyback 25,000,000 shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

A number of research firms have issued reports on MAR. Truist Financial increased their target price on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a report on Wednesday, September 3rd. Morgan Stanley lowered their target price on Marriott International from $302.00 to $296.00 and set an “overweight” rating for the company in a report on Wednesday, October 22nd. Robert W. Baird lowered their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a report on Tuesday, October 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Finally, BMO Capital Markets reduced their price objective on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating for the company in a research note on Wednesday, August 6th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $283.17.

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.