Marriott International, Inc. (MAR) Is At $137.87 Formed Wedge; Last Week PacWest Bancorp (PACW) Analysts

May 25, 2018 - By George Granger

Marriott International, Inc. (NASDAQ:MAR) Logo

Among 14 analysts covering Pacwest Bancorp (NASDAQ:PACW), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Pacwest Bancorp had 48 analyst reports since October 13, 2015 according to SRatingsIntel. Piper Jaffray initiated PacWest Bancorp (NASDAQ:PACW) on Tuesday, October 13 with “Overweight” rating. As per Thursday, April 6, the company rating was upgraded by Raymond James. BMO Capital Markets maintained the stock with “Hold” rating in Monday, December 18 report. Keefe Bruyette & Woods maintained it with “Buy” rating and $6300 target in Tuesday, April 17 report. On Thursday, October 5 the stock rating was maintained by Piper Jaffray with “Buy”. The company was maintained on Wednesday, July 19 by FBR Capital. Wood maintained PacWest Bancorp (NASDAQ:PACW) on Thursday, March 24 with “Outperform” rating. On Monday, August 14 the stock rating was maintained by Piper Jaffray with “Buy”. The firm has “Hold” rating given on Thursday, November 30 by Raymond James. The rating was maintained by Sandler O’Neill on Thursday, January 4 with “Buy”. See PacWest Bancorp (NASDAQ:PACW) latest ratings:

17/04/2018 Broker: Sandler O’Neill Rating: Buy New Target: $57.0000 Maintain
18/04/2018 Broker: Piper Jaffray Rating: Buy New Target: $61.0000 Maintain
17/04/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $63.0000 Maintain
10/04/2018 Broker: Raymond James Rating: Buy Upgrade
29/03/2018 Broker: Sandler O’Neill Rating: Buy New Target: $56.0000 Maintain
26/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $62.0 Maintain
22/01/2018 Broker: FBR Capital Rating: Hold New Target: $55.0 Maintain
19/01/2018 Broker: Stephens Rating: Buy New Target: $60.0 Maintain
19/01/2018 Broker: SunTrust Rating: Hold New Target: $56.0 Maintain
18/01/2018 Broker: Piper Jaffray Rating: Buy New Target: $60.5 Maintain

Marriott International, Inc. (MAR) formed wedge down with $128.22 target or 7.00% below today’s $137.87 share price. Marriott International, Inc. (MAR) has $48.72B valuation. The stock increased 0.20% or $0.28 during the last trading session, reaching $137.87. About 1.35M shares traded. Marriott International, Inc. (NASDAQ:MAR) has risen 45.53% since May 25, 2017 and is uptrending. It has outperformed by 33.98% the S&P500.

PacWest Bancorp operates as the holding firm for Pacific Western Bank, a state chartered bank that provides commercial banking services and products. The company has market cap of $6.70 billion. The firm accepts demand, money market, and time deposits. It has a 16.95 P/E ratio. It also provides real estate loans to professional developers and real estate investors for the acquisition, refinancing, and construction of commercial real estate properties; cash flow loans to finance business acquisitions and recapitalization activities; small business administration loans; asset loans for working capital needs; venture capital loans to support the start-up activities of entrepreneurial companies; and equipment-secured loans and leases.

The stock decreased 0.73% or $0.4 during the last trading session, reaching $54.1. About 544,289 shares traded. PacWest Bancorp (NASDAQ:PACW) has declined 4.60% since May 25, 2017 and is downtrending. It has underperformed by 16.15% the S&P500.

More news for PacWest Bancorp (NASDAQ:PACW) were recently published by: Nasdaq.com, which released: “Square 1 Bank Announces Credit Facility to Global Cooling, Inc.” on May 16, 2018. Nasdaq.com‘s article titled: “PacWest Bancorp Appoints James Pieczynski Vice Chairman and Laird Boulden is promoted to President …” and published on April 27, 2018 is yet another important article.

Investors sentiment increased to 1.44 in Q4 2017. Its up 0.13, from 1.31 in 2017Q3. It is positive, as 35 investors sold PacWest Bancorp shares while 84 reduced holdings. 45 funds opened positions while 126 raised stakes. 107.44 million shares or 2.56% more from 104.75 million shares in 2017Q3 were reported. Stieven Cap Advsrs Ltd Partnership holds 3% in PacWest Bancorp (NASDAQ:PACW) or 338,014 shares. Ellington Mgmt Grp Limited Liability Company stated it has 0.11% of its portfolio in PacWest Bancorp (NASDAQ:PACW). Aperio Gp Ltd Liability invested in 0.02% or 67,234 shares. Gsa Cap Prns Llp holds 64,754 shares. 128,269 were reported by Kennedy Mgmt. Quantitative Systematic Strategies Limited Co invested in 37,095 shares. 6,673 were reported by Hsbc Hldg Public Ltd Company. Morgan Stanley accumulated 510,817 shares or 0.01% of the stock. Etrade Cap Limited Com has invested 0.02% in PacWest Bancorp (NASDAQ:PACW). Dowling And Yahnke Ltd Liability Corp has invested 0.04% in PacWest Bancorp (NASDAQ:PACW). Jfs Wealth Advsrs Lc has 500 shares. Great Lakes Advsr Limited Liability accumulated 225,616 shares or 0.25% of the stock. Private Asset Mngmt, a California-based fund reported 142,542 shares. Koch Industries reported 8,500 shares. Mckinley Capital Ltd Liability Com Delaware owns 0.07% invested in PacWest Bancorp (NASDAQ:PACW) for 25,942 shares.

Investors sentiment increased to 1.09 in Q4 2017. Its up 0.17, from 0.92 in 2017Q3. It is positive, as 25 investors sold Marriott International, Inc. shares while 240 reduced holdings. 97 funds opened positions while 191 raised stakes. 224.71 million shares or 5.02% less from 236.59 million shares in 2017Q3 were reported. Alabama-based Fjarde Ap has invested 0.12% in Marriott International, Inc. (NASDAQ:MAR). Obermeyer Wood Inv Counsel Lllp holds 0.25% or 20,988 shares. Daiwa Securities invested 0.06% in Marriott International, Inc. (NASDAQ:MAR). 8,146 were reported by Cleararc Cap. North Star Asset Mgmt Inc reported 7,817 shares. Axa holds 0.34% of its portfolio in Marriott International, Inc. (NASDAQ:MAR) for 632,181 shares. Donaldson Limited Liability Com reported 1.76% in Marriott International, Inc. (NASDAQ:MAR). Raymond James Financial Ser accumulated 30,239 shares. Commerzbank Aktiengesellschaft Fi reported 0.06% of its portfolio in Marriott International, Inc. (NASDAQ:MAR). Raymond James & Assoc invested in 246,967 shares. Perkins Coie Trust has invested 0.02% of its portfolio in Marriott International, Inc. (NASDAQ:MAR). Dowling And Yahnke Limited Liability holds 0.14% of its portfolio in Marriott International, Inc. (NASDAQ:MAR) for 11,025 shares. New York-based Karpas Strategies Lc has invested 0.7% in Marriott International, Inc. (NASDAQ:MAR). Blackrock has 0.12% invested in Marriott International, Inc. (NASDAQ:MAR) for 17.84M shares. Hl Service Limited Liability Corp stated it has 0.05% in Marriott International, Inc. (NASDAQ:MAR).

Analysts await Marriott International, Inc. (NASDAQ:MAR) to report earnings on August, 6. They expect $1.36 earnings per share, up 20.35% or $0.23 from last year’s $1.13 per share. MAR’s profit will be $480.56 million for 25.34 P/E if the $1.36 EPS becomes a reality. After $1.34 actual earnings per share reported by Marriott International, Inc. for the previous quarter, Wall Street now forecasts 1.49% EPS growth.

Since December 8, 2017, it had 1 buy, and 10 selling transactions for $30.92 million activity. McPherson Amy had sold 51,293 shares worth $7.24M on Friday, February 23. $2.03 million worth of Marriott International, Inc. (NASDAQ:MAR) was sold by Smith Craig S.. Harrison Deborah Marriott sold $4.56M worth of Marriott International, Inc. (NASDAQ:MAR) on Friday, December 8. $1.01 million worth of stock was sold by Rodriguez David A on Tuesday, December 19. $2.60 million worth of Marriott International, Inc. (NASDAQ:MAR) shares were sold by Capuano Anthony. DUNCAN BRUCE W had sold 8,644 shares worth $1.12M. On Tuesday, May 15 the insider BUSH MARY K sold $303,227.

PacWest Bancorp (NASDAQ:PACW) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: