Marriott International Inc’s Stock Is Sell After Today’s Bearish Options Activity

 Marriott International Inc's Stock Is Sell After Today's Bearish Options Activity

In today’s session Marriott International Inc (MAR) recorded an unusually high (743) 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 743 contracts traded and 1304 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: MAR170120P00075000 closed last at: $2.4 or 38.5% down. About 223,211 shares traded hands. Marriott International Inc (NASDAQ:MAR) has risen 14.55% since April 14, 2016 and is uptrending. It has outperformed by 9.86% 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. $93 is the highest target while $61.0 is the lowest. The $76.53 average target is -1.95% below today’s ($78.05) stock price. Marriott International has been the topic of 28 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating given on Wednesday, August 12 by Barclays Capital. The stock of Marriott International Inc (NASDAQ:MAR) has “Buy” rating given on Wednesday, March 23 by Canaccord Genuity. Evercore maintained the shares of MAR in a report on Monday, September 7 with “Buy” rating. Zacks downgraded the shares of MAR in a report on Friday, August 21 to “Buy” rating. The firm has “Hold” rating by Evercore given on Wednesday, August 5. The company was upgraded on Monday, September 26 by Morgan Stanley. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, September 26. Goldman Sachs initiated the shares of MAR in a report on Monday, September 26 with “Buy” rating. Raymond James downgraded Marriott International Inc (NASDAQ:MAR) on Wednesday, April 20 to “Market Perform” rating. The rating was initiated by Berenberg on Tuesday, December 8 with “Buy”.

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 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.
Federated Investors Pa holds 1,689 shares or 0% of its portfolio. The New York-based Mutual Of America Cap Mngmt Ltd Company has invested 0.03% in Marriott International Inc (NASDAQ:MAR). Cleararc owns 4,637 shares or 0.06% of their US portfolio. Tower Bridge last reported 13,395 shares in the company. Schroder Invest Grp has 0.01% invested in the company for 109,475 shares. Meiji Yasuda Asset Limited holds 0.1% of its portfolio in Marriott International Inc (NASDAQ:MAR) for 10,929 shares. Scotia Cap has invested 0.02% of its portfolio in Marriott International Inc (NASDAQ:MAR). Huntington Bank holds 0.07% or 37,011 shares in its portfolio. Birch Hill Invest Advisors Limited Liability Corporation last reported 5,937 shares in the company. Dumont Blake Inv Advisors Ltd Limited Liability Company has invested 0.33% of its portfolio in Marriott International Inc (NASDAQ:MAR). Geode Capital Mngmt Ltd, a Massachusetts-based fund reported 1.62M shares. Sii Invests Wi last reported 0.06% of its portfolio in the stock. Commonwealth Equity holds 36,294 shares or 0.02% of its portfolio. Wetherby Asset Management accumulated 0.09% or 5,893 shares. Balyasny Asset Mgmt Limited Liability Com accumulated 651,631 shares or 0.28% of the stock.

Insider Transactions: Since June 14, 2016, the stock had 0 buys, and 8 selling transactions for $10.63 million net activity. Shares for $1.20M were sold by Capuano Anthony on Wednesday, June 15. BUSH MARY K also sold $115,133 worth of Marriott International Inc (NASDAQ:MAR) shares. MARRIOTT J W JR had sold 28,515 shares worth $2.00 million on Thursday, September 22. 4,500 shares were sold by Marriott Stephen Blake, worth $331,515 on Thursday, November 10. $214,470 worth of Marriott International Inc (NASDAQ:MAR) shares were sold by Kyriakidis Argiris. 1,373 shares were sold by Smith Craig S., worth $100,641. MARRIOTT RICHARD E had sold 71,287 shares worth $5.00M on Thursday, September 22.

Marriott International, Inc. is a lodging company. The company has a market cap of $30.66 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 27.54 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 news for Marriott International Inc (NASDAQ:MAR) were recently published by: Forbes.com, which released: “Marriott International Reaches Analyst Target Price” on November 15, 2016. Nasdaq.com‘s article titled: “Marriott International Inc. Earnings Climb 12% In Q3” and published on November 07, 2016 is yet another important article.

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