Is Buying Stock Like Marriott International Inc Good Idea After Today’s Bearish Options Activity?

 Is Buying Stock Like Marriott International Inc Good Idea After Today's Bearish Options Activity?

In today’s session Marriott International Inc (MAR) recorded an unusually high (127) 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 127 contracts traded and 8814 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: MAR170120P00075000 closed last at: $1.55 or 6.1% down. About 1.37 million shares traded hands. Marriott International Inc (NASDAQ:MAR) has risen 17.23% since April 25, 2016 and is uptrending. It has outperformed by 11.21% the S&P500.

Analysts await Marriott International Inc (NASDAQ:MAR) to report earnings on February, 15. They expect $0.83 earnings per share, up 7.79% or $0.06 from last year’s $0.77 per share. MAR’s profit will be $325.93M for 23.56 P/E if the $0.83 EPS becomes a reality. After $0.91 actual earnings per share reported by Marriott International Inc for the previous quarter, Wall Street now forecasts -8.79% 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. Marriott International has been the topic of 28 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Monday, September 7 by Evercore. As per Thursday, September 24, the company rating was upgraded by SunTrust. The rating was upgraded by Canaccord Genuity to “Buy” on Friday, December 4. Barclays Capital downgraded the shares of MAR in a report on Wednesday, August 12 to “Overweight” rating. The rating was downgraded by M Partners on Thursday, January 14 to “Neutral”. The company was maintained on Wednesday, March 23 by Canaccord Genuity. The company was initiated on Monday, September 26 by Goldman Sachs. As per Tuesday, December 8, the company rating was initiated by Berenberg. The stock of Marriott International Inc (NASDAQ:MAR) has “Market Perform” rating given on Wednesday, April 20 by Raymond James. The rating was downgraded by Zacks to “Buy” on Friday, August 21.

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 3.49 in 2016 Q2. Its up 2.41, from 1.08 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.
Nordea Invest Management, a Sweden-based fund reported 266,606 shares. The Massachusetts-based Highfields Capital L P has invested 5.33% in Marriott International Inc (NASDAQ:MAR). Patten And Patten Inc Tn reported 6,641 shares or 0.06% of all its holdings. Harrison Street Lc has 1.2% invested in the company for 5,573 shares. Tower Rech Capital Limited Co (Trc), a New York-based fund reported 5,190 shares. Rhumbline Advisers last reported 0.07% of its portfolio in the stock. Winton Cap Group Inc Limited has invested 0.09% of its portfolio in Marriott International Inc (NASDAQ:MAR). Tarbox Gru reported 105 shares or 0.01% of all its holdings. Mitsubishi Ufj Securities Company Ltd owns 700 shares or 0.08% of their US portfolio. The Connecticut-based Conning Inc has invested 0.01% in Marriott International Inc (NASDAQ:MAR). Glg Ltd Liability Co holds 12,977 shares or 0.06% of its portfolio. Yhb Investment Advsr Inc holds 0.25% or 17,012 shares in its portfolio. Blackrock Institutional Trust Comm Na has 0.06% invested in the company for 5.79M shares. Argentus Mgmt Ltd Com, a Texas-based fund reported 6,149 shares. Amer Rech & Mngmt reported 11,359 shares or 0.29% of all its holdings.

Insider Transactions: Since June 14, 2016, the stock had 0 insider buys, and 12 selling transactions for $36.32 million net activity. Smith Craig S. had sold 1,373 shares worth $100,641 on Tuesday, August 23. $3.87M worth of Marriott International Inc (NASDAQ:MAR) shares were sold by MARRIOTT JOHN W III. Marriott Stephen Blake had sold 4,500 shares worth $331,515. The insider Rodriguez David A sold 1,582 shares worth $122,652. $2.00M worth of shares were sold by MARRIOTT J W JR on Thursday, September 22. The insider Capuano Anthony sold 22,538 shares worth $1.66 million. On Monday, August 1 the insider Kyriakidis Argiris sold $214,470.

Marriott International, Inc. is a lodging company. The company has a market cap of $30.72 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 27.6 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: Prnewswire.com, which released: “Marriott International Continues Expansion in Latin America with the Signing …” on November 23, 2016. Forbes.com‘s article titled: “Marriott International Reaches Analyst Target Price” and published on November 15, 2016 is yet another important article.

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