Triangle Securities Wealth Administration buys a brand new stake in Marriott Worldwide, Inc. (NASDAQ:MAR)

Triangle Securities Wealth Administration purchased a brand new place in shares of Marriott Worldwide, Inc. (NASDAQ:MAR – Get Score) within the 4th quarter, in accordance with its most up-to-date disclosure with the Securities & Alternate Fee. The fund acquired 3,293 shares of the corporate’s inventory, valued at roughly $490,000.

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A number of different institutional buyers and hedge funds have additionally not too long ago purchased and bought shares of the corporate. Abundance Wealth Counselors raised its stake in Marriott Worldwide by 0.8% within the third quarter. Abundance Wealth Counselors now owns 7,709 shares of the corporate’s inventory value $1,080,000 after shopping for a further 64 shares in the course of the interval. Quadrant Capital Group LLC boosted its place in shares of Marriott Worldwide by 2.4% within the second quarter. Quadrant Capital Group LLC now owns 2,809 shares of the corporate’s inventory value $382,000 after shopping for a further 65 shares within the final quarter. One Capital Administration LLC raised its place in shares of Marriott Worldwide by 2.0% in the course of the third quarter. One Capital Administration LLC now owns 3,474 shares of the corporate’s inventory value $486,000 after shopping for a further 68 shares within the final quarter. CreativeOne Wealth LLC lifted its place in shares of Marriott Worldwide by 3.7% in the course of the third quarter. CreativeOne Wealth LLC now owns 1,913 shares of the corporate’s inventory value $268,000 after shopping for a further 69 shares within the final quarter. Lastly, Metis International Companions LLC boosted its place in shares of Marriott Worldwide by 1.8% in the course of the third quarter. Metis International Companions LLC now owns 4,092 shares of the corporate’s inventory valued at $573,000 after buying a further 71 shares within the final quarter. 58.97% of shares are owned by hedge funds and different institutional buyers.

Insider Transactions at Marriott Worldwide

In different information, insider William P. Brown bought 2,500 shares of the corporate’s inventory in a transaction that occurred on Friday, February twenty fourth. The shares have been bought at a mean value of $170.03, for a complete transaction amounting to $425,075.00. Following the completion of the transaction, the insider now immediately owns 17,738 shares within the firm, valued at roughly $3,015,992.14. The sale was disclosed in a submitting with the SEC, which is out there at this hyperlink. In different information, insider William P. Brown bought 2,500 shares of the corporate’s inventory in a transaction that occurred on Friday, February twenty fourth. The shares have been bought at a mean value of $170.03, for a complete transaction amounting to $425,075.00. Following the completion of the transaction, the insider now immediately owns 17,738 shares within the firm, valued at roughly $3,015,992.14. The sale was disclosed in a submitting with the SEC, which is out there at this hyperlink. Additionally, CFO Kathleen Okay. Oberg bought 5,765 shares of the corporate’s inventory in a transaction that occurred on Thursday, February sixteenth. The shares have been bought at a mean value of $179.18 for a complete worth of $1,032,972.70. Following the transaction, the chief monetary officer now immediately owns 20,630 shares within the firm, valued at $3,696,483.40. Disclosures for this sale could be discovered right here. Insiders have bought a complete of twenty-two,086 shares of firm inventory valued at $3,860,436 over the past three months. At present, 12.21% of shares are owned by firm insiders.

Marriott Worldwide Buying and selling fell 1.5%

Marriott Worldwide inventory opened at $158.77 on Friday. The corporate has a present ratio of 0.45, a gearing ratio of 0.45, and a debt-to-equity ratio of 16.51. Marriott Worldwide, Inc. has a 12 month low of $131.01 and a 12 month excessive of $195.90. The 50-day SMA is $168.89, and the 200-day SMA is $158.69. The agency has a market cap of $48.92 billion, a PE ratio of 21.87, a P/E/G ratio of 0.70 and a beta of 1.58.

Marriott Worldwide (NASDAQ:MAR – Get Score ) final posted its quarterly earnings information on Tuesday, February 14th. The corporate reported $1.96 EPS for the quarter, topping the consensus estimate of $1.84 by $0.12. Marriott Worldwide had a return on fairness of 168.43% and a internet margin of 11.35%. The corporate had income of $5.92 billion for the quarter, in comparison with analyst estimates of $5.38 billion. Earnings per share have been $1.30 in the identical quarter final yr. The corporate’s quarterly income grew by 33.2% in comparison with the identical quarter final yr. Analysts anticipate that Marriott Worldwide, Inc. will submit 7.75 earnings per share for the present yr.

Marriott Worldwide is growing its dividend

The agency additionally not too long ago introduced a quarterly dividend, which might be paid on Friday, March thirty first. Shareholders of document on Friday, February twenty fourth might be paid a dividend of $0.40 per share. That is $1.60 in annualized dividends and a dividend yield of 1.01%. This is a rise from Marriott Worldwide’s earlier quarterly dividend of $0.30. The ex-dividend date of this dividend is Thursday, February twenty third. Marriott Worldwide’s dividend payout ratio is at the moment 22.04%.

Analysts set new value targets

A number of analysts not too long ago weighed in on MAR shares. Citigroup downgraded Marriott Worldwide from a “purchase” score to a “impartial” score and upped their value goal for the inventory from $170.00 to $175.00 in a analysis report on Wednesday, December 14th. StockNews.com began protection on Marriott Worldwide in a report on Thursday. They gave the corporate a “purchase” score. Morgan Stanley upped their goal value on Marriott Worldwide from $193.00 to $195.00 and gave the corporate an “chubby” score in a report on Wednesday, February fifteenth. BMO Capital Markets raised their goal value on Marriott Worldwide from $163.00 to $183.00 and gave the corporate a “market carry out” score in a report on Wednesday, February fifteenth. Lastly, Jefferies Monetary Group downgraded Marriott Worldwide from a “purchase” score to a “maintain” score and set a $166.00 value goal for the corporate. in a report on Monday, January 9. One funding analyst has rated the inventory with a promote score, seven have issued a maintain score and 5 have given a purchase score to the corporate. The inventory presently has a consensus score of “Maintain” and a mean goal value of $180.50, in accordance with MarketBeat.

Marriott Worldwide Firm Profile

(Get Score)

Marriott Worldwide, Inc. operates and franchises lodges, condominiums and timeshare properties. It operates by means of the next geographic segments: US and Canada, Asia Pacific and Europe, Center East and Africa (EMEA). The corporate was based by J. by Willard Marriott and Alice Sheets Marriott in 1927 and is headquartered in Bethesda, Maryland.

Really useful tales

Wish to see what different hedge funds maintain MAR? Go to HoldingsChannel.com for the most recent 13F filings and insider offers for Marriott Worldwide, Inc. (NASDAQ:MAR – Get Score ).

Marriott International Institutional Ownership by Quarter (NASDAQ:MAR)

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