Marriott International, Inc. (NASDAQ:MAR) Shares Sold by Mather Group LLC.

Mather Group LLC. cut its stake in shares of Marriott International, Inc. (NASDAQ:MAR) by 8.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 741 shares of the company’s stock after selling 68 shares during the quarter. Mather Group LLC.’s holdings in Marriott International were worth $207,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Czech National Bank lifted its position in shares of Marriott International by 4.1% during the 3rd quarter. Czech National Bank now owns 47,599 shares of the company’s stock valued at $11,833,000 after acquiring an additional 1,879 shares during the period. Brookstone Capital Management raised its holdings in Marriott International by 9.7% during the third quarter. Brookstone Capital Management now owns 3,769 shares of the company’s stock worth $937,000 after purchasing an additional 334 shares during the last quarter. Abner Herrman & Brock LLC boosted its position in Marriott International by 5.3% during the third quarter. Abner Herrman & Brock LLC now owns 73,098 shares of the company’s stock worth $18,172,000 after purchasing an additional 3,692 shares in the last quarter. Cypress Wealth Services LLC increased its position in shares of Marriott International by 2.2% in the third quarter. Cypress Wealth Services LLC now owns 8,780 shares of the company’s stock valued at $2,183,000 after buying an additional 192 shares in the last quarter. Finally, Watts Gwilliam & Co. LLC purchased a new stake in shares of Marriott International in the 3rd quarter worth about $281,000. Hedge funds and other institutional investors own 70.70% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Stifel Nicolaus lifted their target price on shares of Marriott International from $252.00 to $283.00 and gave the stock a “hold” rating in a research report on Tuesday, November 26th. Robert W. Baird upped their target price on Marriott International from $258.00 to $264.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. boosted their price target on Marriott International from $251.00 to $269.00 and gave the stock a “neutral” rating in a report on Friday, December 13th. Evercore ISI raised Marriott International from an “in-line” rating to an “outperform” rating and set a $330.00 price objective on the stock in a research note on Tuesday. Finally, Wells Fargo & Company upped their target price on shares of Marriott International from $262.00 to $285.00 and gave the company an “equal weight” rating in a report on Tuesday. Thirteen equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, Marriott International has an average rating of “Hold” and a consensus price target of $276.35.

Marriott International Trading Up 3.6 %

MAR stock opened at $302.95 on Friday. The stock has a 50-day moving average price of $283.30 and a two-hundred day moving average price of $259.98. The company has a market cap of $84.19 billion, a PE ratio of 31.69, a price-to-earnings-growth ratio of 4.68 and a beta of 1.57. Marriott International, Inc. has a 12-month low of $204.55 and a 12-month high of $304.13.

Insider Buying and Selling

In related news, CEO Anthony Capuano sold 8,332 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $284.49, for a total transaction of $2,370,370.68. Following the sale, the chief executive officer now directly owns 108,361 shares in the company, valued at approximately $30,827,620.89. This trade represents a 7.14 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider William P. Brown sold 1,707 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $284.30, for a total value of $485,300.10. Following the completion of the transaction, the insider now owns 23,077 shares of the company’s stock, valued at approximately $6,560,791.10. This represents a 6.89 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,399 shares of company stock valued at $3,529,238. 10.07% of the stock is currently owned by corporate insiders.

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.