Invesco Ltd. Purchases 118,504 Shares of Marriott International, Inc. $MAR

Invesco Ltd. increased its stake in Marriott International, Inc. (NASDAQ:MAR) by 2.7% during the fourth quarter, purchasing an additional 118,504 shares to own a total of 4,440,359 shares valued at $1.38 billion. Other institutional investors also adjusted their positions in the company, while an EVP sold 3,000 shares. Marriott International reported strong earnings, raised its dividend, and received a "Moderate Buy" consensus rating from analysts with an average price target of $384.73.