Howard Capital Management Inc. Has $2.03 Million Stock Holdings in Marriott International, Inc. (NASDAQ:MAR)

Howard Capital Management Inc. increased its position in shares of Marriott International, Inc. (NASDAQ:MAR) by 2.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,291 shares of the company’s stock after acquiring an additional 205 shares during the period. Howard Capital Management Inc.’s holdings in Marriott International were worth $2,034,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the business. Sound Income Strategies LLC lifted its position in shares of Marriott International by 494.4% during the 4th quarter. Sound Income Strategies LLC now owns 107 shares of the company’s stock worth $30,000 after buying an additional 89 shares during the last quarter. Wingate Wealth Advisors Inc. acquired a new stake in shares of Marriott International in the 4th quarter valued at approximately $33,000. Silvant Capital Management LLC bought a new stake in shares of Marriott International during the 3rd quarter valued at approximately $31,000. Darwin Wealth Management LLC bought a new position in Marriott International in the 3rd quarter valued at approximately $33,000. Finally, Heck Capital Advisors LLC acquired a new stake in Marriott International in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 70.70% of the company’s stock.

Wall Street Analysts Forecast Growth

MAR has been the subject of a number of research reports. Jefferies Financial Group increased their price target on Marriott International from $251.00 to $295.00 and gave the company a “hold” rating in a research note on Thursday, January 2nd. Susquehanna increased their target price on Marriott International from $255.00 to $285.00 and gave the company a “neutral” rating in a research report on Wednesday, February 12th. Mizuho boosted their price target on Marriott International from $246.00 to $293.00 and gave the stock a “neutral” rating in a report on Wednesday, February 12th. Wells Fargo & Company dropped their price objective on shares of Marriott International from $285.00 to $277.00 and set an “equal weight” rating for the company in a report on Tuesday, February 18th. Finally, The Goldman Sachs Group boosted their target price on shares of Marriott International from $280.00 to $314.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Thirteen research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $284.05.

Marriott International Price Performance

Shares of Marriott International stock opened at $277.47 on Monday. The firm has a market cap of $76.50 billion, a price-to-earnings ratio of 33.35, a PEG ratio of 3.42 and a beta of 1.57. The stock’s 50-day moving average is $283.73 and its 200 day moving average is $265.45. Marriott International, Inc. has a one year low of $204.55 and a one year high of $307.52.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.37 by $0.08. Marriott International had a net margin of 9.46% and a negative return on equity of 116.67%. On average, sell-side analysts expect that Marriott International, Inc. will post 10.1 EPS for the current fiscal year.

Marriott International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 27th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Thursday, February 27th. This represents a $2.52 annualized dividend and a dividend yield of 0.91%. Marriott International’s dividend payout ratio is currently 30.29%.

Marriott International 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.