After this morning's 1.9% surge to $195.12 per share, Marriott International might just keep moving past its target price of $190.88. With an average analyst rating of hold, and target prices from $174.0 to $215.0, the stock's next move is anyone's guess.
Marriott International's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.0%. The stock's short ratio is 2.67. The company's insiders own 19.24% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 61.7%. In conclusion, we believe there is mixed market sentiment regarding Marriott International.
Institutions Invested in Marriott International
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Vanguard Group Inc | 8% | 22,823,441 | $4,453,309,696 |
| 2023-03-31 | Blackrock Inc. | 5% | 16,116,336 | $3,144,619,401 |
| 2023-03-31 | State Street Corporation | 3% | 10,087,482 | $1,968,269,438 |
| 2023-03-31 | JP Morgan Chase & Company | 3% | 9,748,596 | $1,902,146,003 |
| 2023-03-31 | FMR, LLC | 3% | 8,449,868 | $1,648,738,202 |
| 2023-03-31 | Massachusetts Financial Services Co. | 3% | 7,631,101 | $1,488,980,389 |
| 2023-03-31 | Geode Capital Management, LLC | 2% | 4,969,166 | $969,583,645 |
| 2023-03-31 | Jennison Associates LLC | 2% | 4,834,459 | $943,299,616 |
| 2023-03-31 | Morgan Stanley | 2% | 4,644,199 | $906,176,086 |
| 2023-03-31 | Eagle Capital Management LLC | 1% | 3,835,069 | $748,298,644 |
