Korea Investment CORP Sells Marriott Shares as Analysts Update Targets
Capital International Investors increased its Marriott International stake to 4,107,531 shares, and other asset managers also reported share buys. Several analysts adjusted Marriott price targets and maintained overweight/neutral stances. Marriott reported quarterly EPS of $3.19, above the $3.08 estimate, while revenue was listed at $2.01 billion versus a $7.19 billion consensus estimate.