First Business Financial Services Inc. lifted its position in Marriott International Inc (NASDAQ:MAR) by 7.8% during the fourth quarter, Holdings Channel reports. The fund owned 6,741 shares of the company’s stock after acquiring an additional 488 shares during the period. Marriott International makes up 0.2% of First Business Financial Services Inc.’s portfolio, making the stock its 21st largest position. First Business Financial Services Inc.’s holdings in Marriott International were worth $915,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. KBC Group NV boosted its stake in Marriott International by 1.0% during the fourth quarter. KBC Group NV now owns 172,029 shares of the company’s stock worth $23,350,000 after buying an additional 1,686 shares during the last quarter. Parkside Investments LLC boosted its stake in Marriott International by 77.4% during the fourth quarter. Parkside Investments LLC now owns 5,500 shares of the company’s stock worth $747,000 after buying an additional 2,400 shares during the last quarter. Carmichael Hill & Associates Inc. acquired a new position in Marriott International during the fourth quarter worth $271,000. Shelton Capital Management boosted its stake in Marriott International by 27.2% during the fourth quarter. Shelton Capital Management now owns 39,975 shares of the company’s stock worth $5,426,000 after buying an additional 8,560 shares during the last quarter. Finally, D Orazio & Associates Inc. boosted its stake in Marriott International by 4.2% during the fourth quarter. D Orazio & Associates Inc. now owns 11,031 shares of the company’s stock worth $1,497,000 after buying an additional 443 shares during the last quarter. 66.68% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Marriott International Inc (NASDAQ MAR) opened at $136.29 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 1.83. The stock has a market capitalization of $48,810.14, a price-to-earnings ratio of 32.73, a P/E/G ratio of 2.17 and a beta of 1.35. Marriott International Inc has a 1-year low of $85.63 and a 1-year high of $149.21.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Tuesday, November 7th. The company reported $1.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.98 by $0.12. Marriott International had a return on equity of 31.58% and a net margin of 6.30%. The company had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.22 billion. During the same quarter in the prior year, the business earned $0.91 EPS. Marriott International’s revenue was up 43.7% on a year-over-year basis. research analysts forecast that Marriott International Inc will post 4.24 earnings per share for the current fiscal year.

Marriott International announced that its Board of Directors has authorized a stock buyback program on Thursday, November 9th that authorizes the company to buyback 30,000,000 outstanding shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, February 23rd will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 0.97%. Marriott International’s dividend payout ratio (DPR) is 35.87%.

In other Marriott International news, EVP Anthony Capuano sold 19,510 shares of the company’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $133.51, for a total transaction of $2,604,780.10. Following the sale, the executive vice president now owns 23,159 shares in the company, valued at approximately $3,091,958.09. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Eric Hippeau sold 4,863 shares of the company’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $125.98, for a total value of $612,640.74. Following the sale, the director now owns 34,245 shares in the company, valued at approximately $4,314,185.10. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 91,825 shares of company stock worth $11,886,720. 11.32% of the stock is owned by company insiders.

A number of equities research analysts have commented on the company. Barclays lifted their target price on Marriott International from $105.00 to $130.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 28th. Stifel Nicolaus restated a “hold” rating and issued a $115.00 target price (up previously from $98.00) on shares of Marriott International in a research report on Wednesday, November 8th. BidaskClub downgraded Marriott International from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 10th. Royal Bank of Canada lifted their target price on Marriott International to $159.00 and gave the company an “outperform” rating in a research report on Monday, January 29th. Finally, Robert W. Baird lifted their target price on Marriott International from $111.00 to $115.00 and gave the company a “neutral” rating in a research report on Friday, November 10th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Marriott International currently has an average rating of “Buy” and an average target price of $117.21.

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Marriott International Profile

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.

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

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