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Hedge fund Trexquant Investment LP significantly increased its stake in Marriott International, acquiring $6.65 million worth of shares.
Hedge fund Trexquant Investment LP increased its stake in Marriott International by 69.9%, acquiring 23,854 shares valued at $6.65 million in the fourth quarter.
Meanwhile, institutional investors now own 70.70% of the company's stock.
Marriott's stock performance has a "Hold" rating and a price target of $286.05.
The company reported an EPS of $2.45, exceeding estimates by $0.08.
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Hedge Fund Trexquant Investment LP aumentó significativamente su participación en Marriott International, adquiriendo acciones por valor de 6,65 millones de dólares.