ProShare Advisors LLC lifted its stake in shares of Marriott International (NASDAQ:MAR) by 16.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 133,347 shares of the company’s stock after buying an additional 18,741 shares during the period. ProShare Advisors LLC’s holdings in Marriott International were worth $13,376,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Regal Wealth Group Inc. increased its holdings in shares of Marriott International by 0.3% during the second quarter. Regal Wealth Group Inc. now owns 1,637 shares of the company’s stock worth $164,000 after buying an additional 5 shares in the last quarter. Gradient Investments LLC increased its holdings in shares of Marriott International by 0.3% during the second quarter. Gradient Investments LLC now owns 2,011 shares of the company’s stock worth $202,000 after buying an additional 6 shares in the last quarter. Family Firm Inc. increased its holdings in shares of Marriott International by 0.3% during the second quarter. Family Firm Inc. now owns 2,931 shares of the company’s stock worth $294,000 after buying an additional 8 shares in the last quarter. Alexandria Capital LLC increased its holdings in shares of Marriott International by 0.7% during the second quarter. Alexandria Capital LLC now owns 1,644 shares of the company’s stock worth $165,000 after buying an additional 12 shares in the last quarter. Finally, First Bank & Trust increased its holdings in shares of Marriott International by 1.2% during the second quarter. First Bank & Trust now owns 1,701 shares of the company’s stock worth $171,000 after buying an additional 20 shares in the last quarter. Institutional investors own 65.93% of the company’s stock.

Shares of Marriott International (NASDAQ MAR) traded down 0.94% during mid-day trading on Friday, reaching $105.39. 2,790,640 shares of the company’s stock were exchanged. The stock has a market cap of $39.25 billion, a PE ratio of 34.59 and a beta of 1.36. The company has a 50 day moving average price of $102.39 and a 200-day moving average price of $99.03. Marriott International has a one year low of $65.91 and a one year high of $110.51.

Marriott International (NASDAQ:MAR) last released its quarterly earnings data on Monday, August 7th. The company reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.11. Marriott International had a net margin of 5.27% and a return on equity of 26.26%. The firm had revenue of $5.80 billion for the quarter, compared to analysts’ expectations of $5.73 billion. During the same quarter in the previous year, the company earned $1.03 earnings per share. The company’s revenue for the quarter was up 48.5% compared to the same quarter last year. On average, analysts predict that Marriott International will post $4.13 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 24th will be given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Tuesday, August 22nd. Marriott International’s payout ratio is 45.52%.

TRADEMARK VIOLATION WARNING: “Marriott International (MAR) Shares Bought by ProShare Advisors LLC” was originally published by Daily Political and is the property of of Daily Political. If you are reading this news story on another site, it was stolen and republished in violation of US and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/09/17/marriott-international-mar-shares-bought-by-proshare-advisors-llc.html.

In other news, Director Mary K. Bush sold 1,200 shares of Marriott International stock in a transaction dated Friday, June 30th. The shares were sold at an average price of $100.89, for a total transaction of $121,068.00. Following the sale, the director now owns 1,101 shares of the company’s stock, valued at approximately $111,079.89. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider B. Marriott Marital Tr Juliana sold 30,000 shares of Marriott International stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $99.84, for a total transaction of $2,995,200.00. Following the sale, the insider now directly owns 493,896 shares in the company, valued at approximately $49,310,576.64. The disclosure for this sale can be found here. Insiders sold 94,191 shares of company stock worth $9,512,282 in the last 90 days. Corporate insiders own 11.32% of the company’s stock.

Several research analysts have recently issued reports on the stock. Robert W. Baird reiterated a “hold” rating and set a $103.00 price target on shares of Marriott International in a report on Sunday. Zacks Investment Research upgraded shares of Marriott International from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. BidaskClub upgraded shares of Marriott International from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 8th. Stifel Nicolaus upped their price target on shares of Marriott International from $95.00 to $98.00 and gave the stock a “hold” rating in a report on Tuesday, August 8th. Finally, UBS AG reiterated a “neutral” rating and set a $101.00 price target (up from $98.00) on shares of Marriott International in a report on Monday, August 14th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $100.81.

About Marriott International

Marriott International, Inc (Marriott International) is a lodging company. Marriott International operates in three business segments: North American Full-Service, North American Limited-Service and International. Its North American Full-Service segment includes its Luxury and Premium brands (JW Marriott, Marriott Hotels, Sheraton, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Gaylord Hotels, and Tribute Portfolio) located in the United States and Canada.

Want to see what other hedge funds are holding MAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marriott International (NASDAQ:MAR).

Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

Receive News & Ratings for Marriott International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott International and related companies with MarketBeat.com's FREE daily email newsletter.