Marriott International Inc Is a Sell; Strong Momentum from Option Traders

 Marriott International Inc Is a Sell; Strong Momentum from Option Traders

In today’s session Marriott International Inc (MAR) recorded an unusually high (578) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious MAR decrease. With 578 contracts traded and 30454 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: MAR170120P00060000 closed last at: $0.85 or 15% down. About 789,154 shares traded hands. Marriott International Inc (NASDAQ:MAR) has declined 4.02% since March 31, 2016 and is downtrending. It has underperformed by 6.54% the S&P500.

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. 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) has “Overweight” rating given on Monday, September 26 by Morgan Stanley. The rating was initiated by Goldman Sachs on Monday, September 26 with “Buy”. The stock has “Buy” rating given by SunTrust on Thursday, September 24. The rating was maintained by Telsey Advisory Group with “Market Perform” on Friday, September 23. The stock of Marriott International Inc (NASDAQ:MAR) has “Buy” rating given on Wednesday, March 23 by Canaccord Genuity. The stock of Marriott International Inc (NASDAQ:MAR) earned “Market Perform” rating by Raymond James on Wednesday, April 20. The firm has “Neutral” rating given on Thursday, January 14 by M Partners. The stock of Marriott International Inc (NASDAQ:MAR) earned “Hold” rating by Evercore on Wednesday, August 5. On Wednesday, August 12 the stock rating was downgraded by Barclays Capital to “Overweight”. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, November 4.

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 Q2 2016. Its up 0.26, from 0.82 in 2016Q1. The ratio increased, 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.
Ent Fincl Services holds 0% or 39 shares in its portfolio. Evercore Wealth Mgmt Ltd Liability Com reported 2,929 shares or 0.01% of all its holdings. The Connecticut-based Wexford Capital Ltd Partnership has invested 0.75% in Marriott International Inc (NASDAQ:MAR). Blackrock Grp Ltd, a United Kingdom-based fund reported 1.95 million shares. Blackrock Advisors last reported 178,591 shares in the company. Westpac Bk has 10,976 shares for 0% of their US portfolio. Aperio Group Lc holds 138,666 shares or 0.07% of its portfolio. Patten Inc reported 13,689 shares or 0% of all its holdings. Renaissance Technology Lc reported 293,198 shares or 0.04% of all its holdings. California State Teachers Retirement System owns 357,261 shares or 0.05% of their US portfolio. First Republic Mgmt has invested 0.04% of its portfolio in Marriott International Inc (NASDAQ:MAR). Fund Mngmt Sa accumulated 164,370 shares or 0.1% of the stock. First Manhattan holds 0% or 85 shares in its portfolio. Thrivent Financial For Lutherans reported 5,856 shares or 0% of all its holdings. J Goldman & L P has 0% invested in the company for 814 shares.

Insider Transactions: Since May 6, 2016, the stock had 0 insider buys, and 8 insider sales for $10.91 million net activity. $1.20M worth of shares were sold by Capuano Anthony on Wednesday, June 15. 28,515 shares were sold by MARRIOTT J W JR, worth $2.00 million on Thursday, September 22. 23,139 shares were sold by Grissen David, worth $1.60 million. The insider Smith Craig S. sold 1,373 shares worth $100,641. Shares for $5.00 million were sold by MARRIOTT RICHARD E. $214,470 worth of Marriott International Inc (NASDAQ:MAR) shares were sold by Kyriakidis Argiris. BUSH MARY K sold 1,750 shares worth $115,133.

Marriott International, Inc. is a lodging company. The company has a market cap of $26.80 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 20.56 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 important recent Marriott International Inc (NASDAQ:MAR) news were published by: Wsj.com which released: “Stephen Bollenbach Ran the Numbers for Hilton, Disney, Marriott and Trump” on October 21, 2016, also Prnewswire.com published article titled: “Marriott International Announces Release Date For Third Quarter 2016 Earnings”, Prnewswire.com published: “Moxy Hotels, Marriott International’s Bold Experiential Brand, Debuts Moxy …” on October 24, 2016. More interesting news about Marriott International Inc (NASDAQ:MAR) was released by: Prnewswire.com and their article: “Marriott International’s Signature Brand, Marriott Hotels, Signs Agreement to …” with publication date: October 19, 2016.

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