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Valley National Advisers Inc. boosted its stake in Marriott, which beat earnings and raised its dividend to $0.67 quarterly.
Valley National Advisers Inc. increased its stake in Marriott International, now owning 1.4% of the company, while Bessemer Group decreased its holdings.
Marriott's stock is rated a "Moderate Buy" with revenue at $6.26 billion, slightly above analyst estimates.
The company surpassed earnings expectations, reporting $2.32 per share, and recently announced a quarterly dividend of $0.67, with an annual yield of 0.98%.
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Valley National Advisers Inc. aumentó su participación en Marriott, que superó las ganancias y elevó su dividendo a $0.67 trimestralmente.