Marriott International Inc Stock Price Could Go Down After Today’s Bearish Options Activity


 Marriott International Inc Stock Price Could Go Down After Today's Bearish Options Activity

In today’s session Marriott International Inc (MAR) recorded an unusually high (264) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious MAR decrease. With 264 contracts traded and 23924 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: MAR161021P00065000 closed last at: $0.45 or 30.8% down. About 688,109 shares traded hands. Marriott International Inc (NASDAQ:MAR) has declined 2.13% since March 4, 2016 and is downtrending. It has underperformed by 10.17% the S&P500.

Analysts await Marriott International Inc (NASDAQ:MAR) to report earnings on October, 26. They expect $0.93 EPS, up 19.23% or $0.15 from last year’s $0.78 per share. MAR’s profit will be $362.93 million for 17.97 P/E if the $0.93 EPS becomes a reality. After $1.03 actual EPS reported by Marriott International Inc for the previous quarter, Wall Street now forecasts -9.71% negative EPS growth.

Marriott International Inc (NASDAQ:MAR) Ratings Coverage

Out of 12 analysts covering Marriott International (NASDAQ:MAR), 8 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 67% are positive. $93 is the highest target while $61.0 is the lowest. The $76.53 average target is 14.51% above today’s ($66.83) stock price. Marriott International has been the topic of 28 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of Marriott International Inc (NASDAQ:MAR) earned “Buy” rating by Evercore on Monday, September 7. Morgan Stanley upgraded Marriott International Inc (NASDAQ:MAR) on Monday, September 26 to “Overweight” rating. The stock has “Overweight” rating given by Barclays Capital on Wednesday, August 12. Canaccord Genuity upgraded the stock to “Buy” rating in Friday, December 4 report. The firm has “Buy” rating by Goldman Sachs given on Monday, September 26. The firm has “Buy” rating given on Tuesday, December 8 by Berenberg. M Partners downgraded the stock to “Neutral” rating in Thursday, January 14 report. The firm has “Hold” rating by Stifel Nicolaus given on Monday, September 26. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, November 4. The company was upgraded on Thursday, September 24 by SunTrust.

According to Zacks Investment Research, “Marriott International, Inc. operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club International, Horizons, The Ritz-Carlton Club and Marriott Grand Residence Club brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers.”

Insitutional Activity: The institutional sentiment increased to 1.08 in 2016 Q2. Its up 0.26, from 0.82 in 2016Q1. The ratio is positive, as 49 funds sold all Marriott International Inc shares owned while 177 reduced positions. 62 funds bought stakes while 181 increased positions. They now own 186.02 million shares or 12.43% more from 165.45 million shares in 2016Q1.
Blackrock Fund last reported 3.00M shares in the company. Dekabank Deutsche Girozentrale, a Germany-based fund reported 8,771 shares. Thompson Siegel And Walmsley Ltd Liability Com accumulated 856 shares or 0% of the stock. Sumitomo Mitsui Asset Management Co holds 0.03% of its portfolio in Marriott International Inc (NASDAQ:MAR) for 16,069 shares. Pictet Asset Management Ltd holds 563,860 shares or 0.15% of its portfolio. Tompkins Fincl has 1,009 shares for 0.02% of their US portfolio. The Kentucky-based Hl Limited Liability Company has invested 0.03% in Marriott International Inc (NASDAQ:MAR). Bluecrest Capital Mgmt Limited has 0.03% invested in the company for 10,332 shares. Td Asset Mgmt owns 395,215 shares or 0.05% of their US portfolio. Shell Asset Com has 0.03% invested in the company for 17,897 shares. Capstone Asset has 17,185 shares for 0.03% of their US portfolio. Wellington Management Group Inc Ltd Liability Partnership has 6,021 shares for 0% of their US portfolio. Fulton Breakefield Broenniman Lc last reported 93,167 shares in the company. Ubs Oconnor Ltd Liability Co has invested 0% of its portfolio in Marriott International Inc (NASDAQ:MAR). Long Pond Limited Partnership has 5.72% invested in the company for 1.84M shares.

Insider Transactions: Since May 6, 2016, the stock had 0 buys, and 9 sales for $12.51 million net activity. Grissen David sold $616,352 worth of Marriott International Inc (NASDAQ:MAR) on Thursday, May 12. $214,470 worth of Marriott International Inc (NASDAQ:MAR) was sold by Kyriakidis Argiris on Monday, August 1. Another trade for 1,750 shares valued at $115,133 was sold by BUSH MARY K. MARRIOTT RICHARD E also sold $5.00 million worth of Marriott International Inc (NASDAQ:MAR) on Thursday, September 22. Smith Craig S. had sold 1,373 shares worth $100,641 on Tuesday, August 23. Capuano Anthony sold $1.66 million worth of stock or 22,538 shares. $2.00 million worth of Marriott International Inc (NASDAQ:MAR) was sold by MARRIOTT J W JR on Thursday, September 22.

Marriott International, Inc. is a lodging company. The company has a market cap of $26.08 billion. The Firm is an operator, franchisor and licensor of hotels and timeshare properties in approximately 90 countries and territories under over 20 brand names. It has a 19.88 P/E ratio. It operates through three divisions: North American Full-Service, which includes brands, such as The Ritz-Carlton, EDITION, JW Marriott, Autograph Collection Hotels, Marriott Hotels, Delta Hotels and Resorts, and Renaissance Hotels located in the United States and Canada; North American Limited-Service, which includes brands, such as AC Hotels by Marriott, Courtyard, Residence Inn, SpringHill Suites, TownePlace Suites properties and Fairfield Inn & Suites located in the United States and Canada, and International, which includes brands, such as Bulgari Hotels & Resorts, Protea Hotels and Moxy Hotels located outside the United States and Canada.

More notable recent Marriott International Inc (NASDAQ:MAR) news were published by: which released: “Marriott International Rapidly Expands its Footprint across Africa” on October 05, 2016, also with their article: “Marriott International Inc Poised to Grow Despite Risks (MAR)” published on September 30, 2016, published: “Marriott International Completes Acquisition of Starwood Hotels & Resorts …” on September 23, 2016. More interesting news about Marriott International Inc (NASDAQ:MAR) were released by: and their article: “Marriott Purchase of Starwood Gets Chinese Regulatory Approval” published on September 20, 2016 as well as‘s news article titled: “Ex-Dividend Reminder: Advance Auto Parts, Marriott International and New …” with publication date: September 19, 2016.

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