Marriott International (NASDAQ:MAR) was the target of some unusual options trading on Friday. Investors acquired 7,596 put options on the company. This is an increase of 635% compared to the average volume of 1,033 put options.

Marriott International (NASDAQ MAR) opened at 105.02 on Monday. The firm’s 50-day moving average price is $102.52 and its 200-day moving average price is $95.55. Marriott International has a 12 month low of $65.91 and a 12 month high of $110.51. The stock has a market cap of $39.79 billion, a P/E ratio of 37.20 and a beta of 1.36.

Marriott International (NASDAQ:MAR) last released its earnings results on Monday, May 8th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.11. Marriott International had a return on equity of 38.10% and a net margin of 4.91%. The company had revenue of $5.56 billion for the quarter, compared to analysts’ expectations of $5.28 billion. During the same quarter in the previous year, the firm posted $0.87 EPS. The firm’s quarterly revenue was up 47.4% on a year-over-year basis. On average, analysts predict that Marriott International will post $4.04 earnings per share for the current year.

A number of analysts have recently commented on MAR shares. Goldman Sachs Group, Inc. (The) downgraded Marriott International from a “conviction-buy” rating to a “buy” rating and set a $105.00 target price on the stock. in a research note on Tuesday, April 11th. Vetr upgraded Marriott International from a “hold” rating to a “buy” rating and set a $96.50 target price on the stock in a research note on Tuesday, April 11th. Guggenheim started coverage on Marriott International in a research note on Wednesday, April 26th. They issued a “neutral” rating on the stock. Canaccord Genuity restated a “buy” rating and issued a $113.00 target price (up previously from $100.00) on shares of Marriott International in a research note on Monday, May 8th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $95.00 target price (up previously from $87.00) on shares of Marriott International in a research note on Tuesday, May 9th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the company’s stock. Marriott International presently has a consensus rating of “Hold” and an average price target of $97.97.

In other news, Director George Munoz sold 5,894 shares of the company’s stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $103.95, for a total value of $612,681.30. Following the sale, the director now owns 7,659 shares in the company, valued at $796,153.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David S. Marriott sold 19,500 shares of the company’s stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $103.26, for a total value of $2,013,570.00. Following the completion of the sale, the insider now owns 638,636 shares in the company, valued at approximately $65,945,553.36. The disclosure for this sale can be found here. Insiders sold 55,117 shares of company stock worth $5,685,295 over the last three months. Corporate insiders own 17.07% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the company. Dumont & Blake Investment Advisors LLC boosted its position in Marriott International by 0.5% in the first quarter. Dumont & Blake Investment Advisors LLC now owns 8,741 shares of the company’s stock valued at $823,000 after buying an additional 45 shares during the last quarter. Carderock Capital Management Inc. boosted its position in Marriott International by 7.1% in the first quarter. Carderock Capital Management Inc. now owns 10,173 shares of the company’s stock valued at $958,000 after buying an additional 678 shares during the last quarter. Fundsmith LLP boosted its position in Marriott International by 4.7% in the first quarter. Fundsmith LLP now owns 184,690 shares of the company’s stock valued at $17,394,000 after buying an additional 8,254 shares during the last quarter. Wetherby Asset Management Inc. boosted its position in Marriott International by 1.6% in the first quarter. Wetherby Asset Management Inc. now owns 6,809 shares of the company’s stock valued at $641,000 after buying an additional 104 shares during the last quarter. Finally, Shell Asset Management Co. boosted its position in Marriott International by 19.8% in the first quarter. Shell Asset Management Co. now owns 47,929 shares of the company’s stock valued at $4,514,000 after buying an additional 7,915 shares during the last quarter. Institutional investors own 67.06% of the company’s stock.

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About Marriott International

Marriott International, Inc (Marriott International) is a lodging company. Marriott International operates in three business segments: North American Full-Service, North American Limited-Service and International. Its North American Full-Service segment includes its Luxury and Premium brands (JW Marriott, Marriott Hotels, Sheraton, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Gaylord Hotels, and Tribute Portfolio) located in the United States and Canada.

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