Rafferty Asset Management acquires additional Marriott International shares, reaching 65,344 total, and Wells Fargo raises price target to $234.

Rafferty Asset Management LLC has increased its stake in Marriott International, Inc., purchasing additional 1,162 shares during the third quarter. The company's market capitalization is $69.95 billion, with a P/E ratio of 23.71 and a beta of 1.64. Marriott International reported earnings of $3.57 per share (EPS) for the quarter, exceeding the consensus estimate of $2.12. The company has a share repurchase program and a dividend of $0.52 per share, representing a $2.08 dividend on an annualized basis and a yield of 0.86%.

February 17, 2024
5 Articles