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
|2023-03-31||Vanguard Group Inc||8%||22,823,441||$4,453,309,696|
|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||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||Eagle Capital Management LLC||1%||3,835,069||$748,298,644|