Jump Financial LLC increased its position in Marriott International, Inc. (NASDAQ:MAR – Free Report) by 280.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,205 shares of the company’s stock after acquiring an additional 11,205 shares during the period. Jump Financial LLC’s holdings in Marriott International were worth $4,154,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. AlphaQuest LLC raised its stake in shares of Marriott International by 2,750.0% in the second quarter. AlphaQuest LLC now owns 114 shares of the company’s stock worth $31,000 after purchasing an additional 110 shares during the last quarter. Addison Advisors LLC purchased a new position in Marriott International in the 2nd quarter worth about $34,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in Marriott International during the 2nd quarter valued at about $38,000. Quaker Wealth Management LLC grew its stake in shares of Marriott International by 203.4% in the second quarter. Quaker Wealth Management LLC now owns 150 shares of the company’s stock worth $41,000 after acquiring an additional 295 shares during the period. Finally, Westside Investment Management Inc. raised its holdings in shares of Marriott International by 198.0% during the second quarter. Westside Investment Management Inc. now owns 149 shares of the company’s stock valued at $41,000 after purchasing an additional 99 shares during the last quarter. 70.70% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Marriott International
In related news, insider William P. Brown sold 6,666 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $280.04, for a total value of $1,866,746.64. Following the completion of the transaction, the insider owned 11,000 shares of the company’s stock, valued at approximately $3,080,440. This represents a 37.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Benjamin T. Breland sold 1,650 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $286.10, for a total value of $472,065.00. Following the sale, the executive vice president directly owned 18,225 shares in the company, valued at approximately $5,214,172.50. This represents a 8.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 86,672 shares of company stock worth $25,174,655 in the last 90 days. Company insiders own 10.68% of the company’s stock.
Marriott International Stock Performance
Marriott International (NASDAQ:MAR – Get Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.38 by $0.09. The firm had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $6.46 billion. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS and its FY 2025 guidance at 9.980-10.060 EPS. Equities analysts forecast that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.
Marriott International Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Thursday, November 20th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, November 20th. Marriott International’s dividend payout ratio (DPR) is presently 28.30%.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on the stock. Wells Fargo & Company started coverage on shares of Marriott International in a research report on Tuesday, November 18th. They issued an “overweight” rating and a $329.00 target price for the company. Truist Financial lifted their price objective on Marriott International from $278.00 to $283.00 and gave the stock a “hold” rating in a report on Thursday, December 4th. Robert W. Baird lowered their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. Barclays boosted their price target on Marriott International from $262.00 to $274.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $290.20.
Read Our Latest Stock Analysis on Marriott International
Marriott International 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.
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