Here’s Why You Should Consider Investing in Marriott International (MAR)

Aristotle Capital Management, an independent/employee-owned investment management organization, published its “Aristotle Core Equity” first quarter 2022 investor letter – a copy of which can be downloaded here. For the first quarter of 2022, Aristotle Atlantic’s Core Equity Composite posted a total return of -6.79% gross of fees (-6.89% net of fees), underperforming the S&P 500 Index, which recorded a total return of -4.60%. Try to spend some time looking at the fund’s top 5 holdings to be informed about their best picks for 2022.

In its Q1 2022 investor letter, Aristotle Capital Management Core Equity Fund mentioned Marriott International Inc. (NYSE:MAR) and explained its insights for the company. Founded in 1927, Marriott International Inc. (NYSE:MAR) is a Bethesda, Maryland-based multinational company with a $56.4 billion market capitalization. Marriott International Inc. (NYSE:MAR) delivered a -25.81% return since the beginning of the year, while its 12-month returns are down by -40.24%. The stock closed at $172.56 per share on May 27, 2022.

Here is what Aristotle Capital Management Small Cap Equity has to say about Marriott International Inc. (NYSE:MAR) in its Q1 2022 investor letter:

“Marriott International outperformed in the first quarter following a better-than-expected earnings report for the company’s fourth quarter of 2021. During the pandemic, the company reduced expenses which improved operating leverage as revenue recovers. Expectations for travel in 2022 have improved as COVID cases have declined. The company has a strong pipeline of new hotels coming into the Marriott system. There are some indications that business-related travel is starting to recover.”

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Our calculations show that Marriott International Inc. (NYSE:MAR) fell short and didn’t make it on our list of the 30 Most Popular Stocks Among Hedge Funds. Marriott International Inc. (NYSE:MAR) was in 52 hedge fund portfolios at the end of the first quarter of 2022, compared to 43 funds in the previous quarter. Marriott International Inc. (NYSE:MAR) delivered a -19.28% return in the past 3 months.

Earlier this month, we also shared another hedge fund’s views on Marriott International Inc. (NYSE:MAR) in another article. You can find other investor letters from hedge funds and prominent investors on our hedge fund investor letters 2022 Q1 page.

Disclosure: None. This article is originally published at Insider Monkey.