Banco Bilbao Vizcaya Argentaria S.A. Has $5.86 Million Stake in Marriott International, Inc. (NASDAQ:MAR)

Banco Bilbao Vizcaya Argentaria S.A. lowered its holdings in Marriott International, Inc. (NASDAQ:MAR) by 10.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,823 shares of the company’s stock after selling 2,340 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Marriott International were worth $5,861,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of MAR. Sirios Capital Management L P grew its holdings in shares of Marriott International by 21.2% during the 4th quarter. Sirios Capital Management L P now owns 3,483 shares of the company’s stock valued at $972,000 after acquiring an additional 610 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in Marriott International by 3.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 29,743 shares of the company’s stock worth $8,297,000 after purchasing an additional 1,073 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Marriott International by 5.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,507,144 shares of the company’s stock worth $699,345,000 after purchasing an additional 123,484 shares in the last quarter. Quantessence Capital LLC bought a new stake in shares of Marriott International in the 4th quarter valued at approximately $358,000. Finally, Fayez Sarofim & Co raised its position in Marriott International by 2.5% during the fourth quarter. Fayez Sarofim & Co now owns 1,047,156 shares of the company’s stock valued at $296,455,000 after acquiring an additional 25,469 shares in the last quarter. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Insider Transactions at Marriott International

In other Marriott International news, CFO Kathleen K. Oberg sold 14,498 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $278.07, for a total transaction of $4,031,458.86. Following the transaction, the chief financial officer now owns 14,282 shares of the company’s stock, valued at approximately $3,971,395.74. This represents a 50.38 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Rena Hozore Reiss sold 3,500 shares of Marriott International stock in a transaction on Friday, February 21st. The shares were sold at an average price of $286.65, for a total value of $1,003,275.00. Following the completion of the sale, the executive vice president now directly owns 24,733 shares of the company’s stock, valued at $7,089,714.45. This trade represents a 12.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 31,694 shares of company stock worth $8,938,132. Insiders own 10.68% of the company’s stock.

Analyst Ratings Changes

MAR has been the topic of a number of analyst reports. Mizuho increased their price objective on Marriott International from $246.00 to $293.00 and gave the company a “neutral” rating in a report on Wednesday, February 12th. UBS Group lifted their price target on shares of Marriott International from $294.00 to $301.00 and gave the company a “neutral” rating in a research report on Wednesday, February 12th. Stifel Nicolaus decreased their price objective on shares of Marriott International from $295.00 to $240.00 and set a “hold” rating for the company in a report on Wednesday, April 16th. Evercore ISI raised shares of Marriott International from an “in-line” rating to an “outperform” rating and set a $330.00 target price for the company in a research report on Tuesday, February 4th. Finally, Susquehanna lifted their price objective on Marriott International from $255.00 to $285.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 12th. Fourteen investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Marriott International has a consensus rating of “Hold” and an average price target of $273.10.

Marriott International Price Performance

Marriott International stock opened at $236.20 on Friday. The business has a 50 day simple moving average of $244.16 and a 200 day simple moving average of $267.37. Marriott International, Inc. has a one year low of $204.55 and a one year high of $307.52. The company has a market capitalization of $65.18 billion, a PE ratio of 28.39, a price-to-earnings-growth ratio of 3.42 and a beta of 1.42.

Marriott International (NASDAQ:MAR) last posted its earnings results on Tuesday, February 11th. The company reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.08. Marriott International had a net margin of 9.46% and a negative return on equity of 116.67%. Equities analysts anticipate that Marriott International, Inc. will post 10.1 earnings per share for the current fiscal year.

Marriott International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, February 27th were given a $0.63 dividend. The ex-dividend date was Thursday, February 27th. This represents a $2.52 annualized dividend and a yield of 1.07%. 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.