Wilmington Savings Fund Society FSB Decreases Stock Holdings in Marriott International, Inc. (NASDAQ:MAR)

Wilmington Savings Fund Society FSB decreased its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 21.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,978 shares of the company’s stock after selling 1,091 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Marriott International were worth $1,110,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Sound Income Strategies LLC increased its position in Marriott International by 494.4% during the 4th quarter. Sound Income Strategies LLC now owns 107 shares of the company’s stock valued at $30,000 after buying an additional 89 shares in the last quarter. Silvant Capital Management LLC purchased a new position in shares of Marriott International in the 3rd quarter valued at approximately $31,000. Darwin Wealth Management LLC purchased a new stake in Marriott International during the 3rd quarter worth approximately $33,000. Heck Capital Advisors LLC purchased a new position in shares of Marriott International in the fourth quarter worth $38,000. Finally, ORG Partners LLC grew its holdings in shares of Marriott International by 158.5% during the fourth quarter. ORG Partners LLC now owns 137 shares of the company’s stock valued at $38,000 after buying an additional 84 shares during the last quarter. 70.70% of the stock is owned by hedge funds and other institutional investors.

Marriott International Stock Performance

Shares of MAR opened at $304.45 on Tuesday. The stock has a 50 day moving average price of $283.94 and a 200 day moving average price of $261.01. The stock has a market capitalization of $84.60 billion, a price-to-earnings ratio of 31.85, a PEG ratio of 4.88 and a beta of 1.57. Marriott International, Inc. has a one year low of $204.55 and a one year high of $307.52.

Insider Activity at Marriott International

In other Marriott International news, insider William P. Brown sold 1,707 shares of the firm’s stock in a transaction 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 sale, the insider now directly owns 23,077 shares of the company’s stock, valued at $6,560,791.10. This trade represents a 6.89 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 12.32% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Barclays increased their price objective on Marriott International from $249.00 to $286.00 and gave the company an “equal weight” rating in a report on Friday, December 13th. Argus lifted their price objective on shares of Marriott International from $300.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, January 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 report on Tuesday, February 4th. Wells Fargo & Company increased their price target on Marriott International from $262.00 to $285.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 4th. Finally, Stifel Nicolaus raised their target price on Marriott International from $252.00 to $283.00 and gave the stock a “hold” rating in a report on Tuesday, November 26th. Thirteen analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Marriott International has an average rating of “Hold” and a consensus target price of $276.35.

Marriott International Company Profile

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.