Blue Ridge Capital Increases Holding in Alibaba Group Hldg LTD (BABA); As Marriott Intl (MAR) Stock Price Rose, Us Bancorp De Cut Its Holding by $381,375

May 25, 2018 - By Stephen Andrade

Marriott International, Inc. (NASDAQ:MAR) Logo

Us Bancorp De decreased its stake in Marriott Intl Inc (MAR) by 3.71% based on its latest 2017Q4 regulatory filing with the SEC. Us Bancorp De sold 2,825 shares as the company’s stock rose 1.21% while stock markets declined. The institutional investor held 73,356 shares of the hotels and resorts company at the end of 2017Q4, valued at $9.96 million, down from 76,181 at the end of the previous reported quarter. Us Bancorp De who had been investing in Marriott Intl Inc for a number of months, seems to be less bullish one the $48.80B market cap company. The stock increased 0.16% or $0.22 during the last trading session, reaching $138.09. About 305,947 shares traded. Marriott International, Inc. (NASDAQ:MAR) has risen 45.53% since May 25, 2017 and is uptrending. It has outperformed by 33.98% the S&P500.

John Griffin increased its stake in Alibaba Group Hldg Ltd (BABA) by 18.86% based on its latest 2017Q4 regulatory filing with the SEC. Blue Ridge Capital Llc bought 34,900 shares as the company’s stock rose 3.18% while stock markets declined. The hedge fund run by John Griffin held 219,900 shares of the business services company at the end of 2017Q4, valued at $37.92M, up from 185,000 at the end of the previous reported quarter. Blue Ridge Capital Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $511.20 billion market cap company. The stock increased 0.80% or $1.58 during the last trading session, reaching $198.95. About 4.01 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since May 25, 2017 and is uptrending. It has outperformed by 56.74% the S&P500.

Us Bancorp De, which manages about $32.70 billion US Long portfolio, upped its stake in Servicenow Inc (NYSE:NOW) by 5,507 shares to 259,277 shares, valued at $33.81 million in 2017Q4, according to the filing. It also increased its holding in Sony Corp A D R (NYSE:SNE) by 65,009 shares in the quarter, for a total of 297,046 shares, and has risen its stake in Lazard Ltd Cl A (NYSE:LAZ).

Among 20 analysts covering Marriott International (NASDAQ:MAR), 12 have Buy rating, 0 Sell and 8 Hold. Therefore 60% are positive. Marriott International had 66 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, December 4 by Canaccord Genuity. Raymond James downgraded the shares of MAR in report on Wednesday, April 20 to “Market Perform” rating. The firm has “Hold” rating by SunTrust given on Thursday, November 9. SunTrust maintained Marriott International, Inc. (NASDAQ:MAR) rating on Friday, February 16. SunTrust has “Hold” rating and $128.0 target. The rating was maintained by Robert W. Baird on Monday, January 8 with “Hold”. On Friday, February 16 the stock rating was maintained by Deutsche Bank with “Hold”. Morgan Stanley maintained Marriott International, Inc. (NASDAQ:MAR) on Friday, December 8 with “Buy” rating. On Tuesday, December 8 the stock rating was initiated by Berenberg with “Buy”. The firm earned “Neutral” rating on Thursday, January 14 by M Partners. RBC Capital Markets maintained Marriott International, Inc. (NASDAQ:MAR) on Monday, June 12 with “Buy” rating.

Investors sentiment increased to 1.09 in 2017 Q4. Its up 0.17, from 0.92 in 2017Q3. It increased, as 25 investors sold MAR shares while 240 reduced holdings. 97 funds opened positions while 191 raised stakes. 224.71 million shares or 5.02% less from 236.59 million shares in 2017Q3 were reported. Capital Ww Invsts holds 1.32M shares. Meyer Handelman stated it has 3,040 shares. holds 120,448 shares or 0.05% of its portfolio. Oakworth holds 12 shares or 0% of its portfolio. Old Mutual Customised Solutions (Proprietary) accumulated 0.23% or 16,800 shares. Court Place Advisors Ltd Limited Liability Company holds 0.16% or 2,829 shares. Cobblestone Capital Advisors Limited Liability New York has 1,569 shares for 0.02% of their portfolio. The Virginia-based Markel has invested 3.87% in Marriott International, Inc. (NASDAQ:MAR). North Star Investment Management stated it has 1,583 shares or 0.03% of all its holdings. Advisor Prtn Lc invested in 0.17% or 6,750 shares. Bnp Paribas Arbitrage Sa has 0.06% invested in Marriott International, Inc. (NASDAQ:MAR). Moreover, First Midwest Comml Bank Trust Division has 0.18% invested in Marriott International, Inc. (NASDAQ:MAR) for 10,335 shares. Meiji Yasuda Asset Management invested 0.05% of its portfolio in Marriott International, Inc. (NASDAQ:MAR). Baker Ellis Asset Management Lc owns 1,080 shares. Summit Secs Group Ltd Liability invested in 0.03% or 2,000 shares.

Analysts await Marriott International, Inc. (NASDAQ:MAR) to report earnings on August, 6. They expect $1.36 EPS, up 20.35% or $0.23 from last year’s $1.13 per share. MAR’s profit will be $480.56 million for 25.38 P/E if the $1.36 EPS becomes a reality. After $1.34 actual EPS reported by Marriott International, Inc. for the previous quarter, Wall Street now forecasts 1.49% EPS growth.

Since December 8, 2017, it had 1 buy, and 10 insider sales for $30.92 million activity. Marriott Stephen Blake had sold 1,000 shares worth $143,828 on Friday, March 9. Capuano Anthony sold $2.60 million worth of stock. Shares for $303,227 were sold by BUSH MARY K. 250 shares valued at $35,368 were bought by SCHWAB SUSAN C on Thursday, February 22. Smith Craig S. had sold 14,422 shares worth $2.03 million. Another trade for 51,293 shares valued at $7.24M was sold by McPherson Amy.

More important recent Marriott International, Inc. (NASDAQ:MAR) news were published by: Bizjournals.com which released: “REIT pays off balance on Renaissance Tampa as it heads toward sale” on May 24, 2018, also Bizjournals.com published article titled: “Debra Lee stepping down as head of BET. And her DC mansion is still for sale.”, Bizjournals.com published: “Marriott-brand hotels sprouting next to Topgolf, on Nashville’s east bank of Cumberland River” on April 30, 2018. More interesting news about Marriott International, Inc. (NASDAQ:MAR) was released by: Bizjournals.com and their article: “Marriott family drama: A big stock gift as father, son look to settle lawsuit” with publication date: May 16, 2018.

Among 39 analysts covering Alibaba (NYSE:BABA), 37 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 179 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned “Overweight” rating by Morgan Stanley on Friday, August 12. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, August 18. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned “Buy” rating by Oppenheimer on Tuesday, March 6. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Buy” rating given on Friday, February 2 by Needham. Jefferies maintained the stock with “Buy” rating in Friday, February 2 report. On Friday, August 12 the stock rating was maintained by Suntrust Robinson with “Buy”. As per Friday, October 23, the company rating was upgraded by TH Capital. As per Friday, August 18, the company rating was maintained by RBC Capital Markets. The firm has “Neutral” rating given on Wednesday, August 12 by Wedbush. The firm earned “Overweight” rating on Wednesday, October 28 by Morgan Stanley.

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Benzinga.com which released: “Citron Says Alibaba Is ‘On Its Way To $250′” on May 02, 2018, also Benzinga.com with their article: “Out With The Old, In With The New: Telecom Sector To Become Communications Services Sector” published on May 24, 2018, Fool.com published: “5 Reasons Alibaba Is Just Going to Go Up From Here” on May 22, 2018. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Seekingalpha.com and their article: “3 Option Trade Ideas In Alibaba Stock” published on May 24, 2018 as well as Livetradingnews.com‘s news article titled: “Alibaba Group Holding Limited (NYSE:BABA) Stock Consolidating” with publication date: May 14, 2018.

Blue Ridge Capital Llc, which manages about $15.33 billion and $3.01 billion US Long portfolio, decreased its stake in Charter Communications Inc N by 221,480 shares to 651,000 shares, valued at $218.71M in 2017Q4, according to the filing. It also reduced its holding in Lamb Weston Hldgs Inc by 739,200 shares in the quarter, leaving it with 1.74M shares, and cut its stake in Devon Energy Corp New (NYSE:DVN).

Marriott International, Inc. (NASDAQ:MAR) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Stephen Andrade

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: