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Marriott's stock surged 35,705.3% as the company exceeded earnings estimates and announced a dividend.
Penobscot Investment Management reduced its shares of Marriott International by 2.0%, while other firms like Bank Julius Baer & Co. Ltd Zurich and TIAA Trust National Association increased their holdings. Marriott's stock rose 35,705.3% in the last quarter, and the company reported EPS of $2.45, exceeding estimates. Marriott also announced a quarterly dividend of $0.63 per share, payable on March 31. The company has a market cap of $67.95 billion and a 1.02% dividend yield. Analysts predict Marriott will post 10.1 earnings per share this year.
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