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Voloridge Investment Management increased its Marriott International holdings by 11.1%, as the company reported strong Q1 earnings.
Voloridge Investment Management LLC increased its holdings in Marriott International by 11.1%, acquiring 62,286 shares.
Marriott's stock, which opened at $273.19, saw earnings of $2.32 per share, surpassing analyst expectations.
The company also raised its quarterly dividend to $0.67 per share.
Despite soft trends in the U.S. and Canada, Marriott reported Q1 2025 revenues of $6.26 billion, up 4.8% year-on-year, driven by global demand and strong international performance.
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Voloridge Investment Management aumentó su participación en Marriott International en un 11,1%, ya que la compañía reportó fuertes ganancias en el primer trimestre.