Economy

Checking the Overall Picture for Marriott International, Inc. (MAR)

Macquarie Research maintained Baidu Inc (ADR) (NASDAQ:BIDU) rating on Monday, May 2. More interesting news about Marriott International Inc (NASDAQ:MAR) were released by: Prnewswire.com and their article: "Marriott International Unveils Global Sustainability And Social Impact ..." published on October 31, 2017 as well as Nasdaq.com's news article titled: "Franklin Street Advisors Inc Buys DowDuPont Inc, Comcast Corp, Marriott ..." with publication date: October 12, 2017. Therefore 61% are positive. Canaccord Genuity maintained Marriott International Inc (NASDAQ:MAR) rating on Wednesday, March 23. Marriott International had 47 analyst reports since August 5, 2015 according to SRatingsIntel. Robert W. Baird lifted their price target on shares of Marriott International from $101.00 to $103.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Morgan Stanley upgraded the shares of MAR in report on Monday, September 26 to "Overweight" rating.

Marriott International, Inc. (NASDAQ:MAR) touched its 1-Year High price of $123.31 on 11/07/17 and its 1-Year Low price of $ 69.04 on 11/09/16. As per Wednesday, August 12, the company rating was downgraded by Barclays Capital.

The company was busy building more hotels over the three months as it added 22,800 rooms, including more than 3,600 rooms that were converted from competitor brands, as well as 8,000 rooms in worldwide markets.

Marriott International, Inc (Marriott International) is a lodging company. The stock has a market capitalization of $30.48 billion, a price-to-earnings ratio of 27.79 and a beta of 1.23. Marriott International operates in three business segments: North American Full-Service, North American Limited-Service and International. It has a 14.81 P/E ratio.

Since May 9, 2017, it had 0 insider buys, and 4 insider sales for $1.63 million activity. Following the completion of the sale, the insider now directly owns 18,000 shares of the company's stock, valued at approximately $1,809,180. In the last 90 days, insiders have sold 110,727 shares of company stock worth $11,339,600. Marriott International, Inc. (MAR) has had a 20-day average volume of 2,219,790 shares, with an average of 100% of short term indicators pointed at Buy. Marriott David S sold $2.01 million worth of stock.

In other Marriott International news, EVP Edward A. Ryan sold 6,000 shares of the stock in a transaction that occurred on Friday, September 22nd.

According to Sorenson, Marriott typically offloads about 1 percent of the rooms in its portfolio each year, but that number could reach 1.5 percent this year and next year, and that increase is largely related to the Sheraton brand: 6,000 Sheraton rooms will exit the system in 2017 with another 4,000 rooms departing in 2018. Its up 0.08, from 0.93 in 2017Q1. A higher P/B ratio of Marriott International, Inc.is signposting that the investors have either overvalued it, or that its accountants have undervalued it. 87 funds opened positions while 181 raised stakes. Private Wealth Ptnrs Lc accumulated 19,450 shares. The Nebraska-based Cwm Ltd Liability Corporation has invested 0% in Marriott International Inc (NASDAQ:MAR). About 3.33 million shares traded or 39.33% up from the average. 807,062 were reported by Glenmede Trust Na. The Sarasin & Partners Llp holds 721,685 shares with $72.39M value, down from 728,382 last quarter. Utd Cap Advisers Ltd Com owns 118,492 shares.

The company posted earnings of $11.6 million, or 11 cents per share, which was in line with the consensus estimate of 11 cents per share. Royal Comml Bank Of Canada reported 2.52 million shares.

In the past 52-week period, shares of Marriott International, Inc. Alabama-based Fjarde Ap has invested 0.09% in Marriott International Inc (NASDAQ:MAR). Capital World Investors bought a new position in Marriott International during the second quarter worth about $126,089,000. Vetr downgraded Marriott International from a "buy" rating to a "hold" rating and set a $79.18 target price on the stock.in a research note on Tuesday, November 15th. About 2.09M shares traded.

Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Monday, November 7th. It has outperformed by 41.56% the S&P500. The company did even better on many fronts, not only overcoming the disruptions caused by major hurricanes in key markets but also seeing net gains by serving the many first responders and other visitors working to help people who were adversely affected by the storms. The Company's geographic divisions include Ghana and Outside Ghana. The Sarasin & Partners Llp holds 316,169 shares with $22.82M value, up from 251,595 last quarter. TJX Companies Inc (NYSE:TJX) has declined 2.02% since November 8, 2016 and is downtrending. It has underperformed by 16.70% the S&P500.

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