US Bancorp DE lessened its holdings in Masco Co. (NYSE:MAS – Free Report) by 1.6% through the third quarter, in keeping with the corporate in its most up-to-date Type 13F submitting with the Securities & Change Fee. The fund owned 138,053 shares of the development firm’s inventory after promoting 2,301 shares through the interval. US Bancorp DE’s holdings in Masco had been value $11,588,000 on the finish of the newest quarter.
A variety of different institutional buyers and hedge funds have additionally not too long ago made adjustments to their positions in MAS. First Belief Direct Indexing L.P. elevated its place in Masco by 8.9% through the third quarter. First Belief Direct Indexing L.P. now owns 3,884 shares of the development firm’s inventory value $326,000 after buying a further 316 shares within the final quarter. Fidelis Capital Companions LLC acquired a brand new place in shares of Masco through the third quarter value $218,000. Klein Pavlis & Peasley Monetary Inc. elevated its holdings in shares of Masco by 1.6% through the third quarter. Klein Pavlis & Peasley Monetary Inc. now owns 40,218 shares of the development firm’s inventory value $3,376,000 after shopping for a further 628 shares within the final quarter. Frank Rimerman Advisors LLC acquired a brand new stake in shares of Masco through the third quarter valued at $233,000. Lastly, Modera Wealth Administration LLC purchased a brand new stake in Masco through the third quarter value $203,000. Institutional buyers personal 93.91% of the corporate’s inventory.
Insider Exercise at Masco
In different Masco information, VP Kenneth G. Cole offered 37,814 shares of the inventory in a transaction that occurred on Tuesday, September tenth. The inventory was offered at a median value of $78.32, for a complete worth of $2,961,592.48. Following the transaction, the vice chairman now owns 36,980 shares within the firm, valued at roughly $2,896,273.60. This represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is accessible by way of this hyperlink. 1.10% of the inventory is at present owned by company insiders.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on MAS shares. Loop Capital elevated their goal value on Masco from $76.00 to $87.00 and gave the corporate a “maintain” score in a analysis report on Wednesday. Barclays lifted their goal value on shares of Masco from $92.00 to $93.00 and gave the inventory an “chubby” score in a analysis report on Wednesday. Evercore ISI raised their value goal on shares of Masco from $78.00 to $82.00 and gave the corporate an “in-line” score in a analysis be aware on Wednesday. Robert W. Baird decreased their value goal on shares of Masco from $95.00 to $94.00 and set an “outperform” score on the inventory in a analysis be aware on Wednesday. Lastly, Jefferies Monetary Group raised their goal value on Masco from $89.00 to $96.00 and gave the inventory a “purchase” score in a analysis report on Wednesday, October ninth. Eight funding analysts have rated the inventory with a maintain score and 7 have issued a purchase score to the corporate. Primarily based on knowledge from MarketBeat.com, the corporate has a consensus score of “Maintain” and a consensus goal value of $84.85.
View Our Newest Evaluation on Masco
Masco Buying and selling Up 0.3 %
NYSE MAS opened at $80.18 on Friday. The inventory has a market capitalization of $17.30 billion, a P/E ratio of 21.32, a P/E/G ratio of two.58 and a beta of 1.24. The enterprise has a 50 day easy transferring common of $81.60 and a 200 day easy transferring common of $74.53. The corporate has a debt-to-equity ratio of 20.74, a present ratio of 1.83 and a fast ratio of 1.12. Masco Co. has a one yr low of $53.44 and a one yr excessive of $86.70.
Masco (NYSE:MAS – Get Free Report) final introduced its quarterly earnings knowledge on Tuesday, October twenty ninth. The development firm reported $1.08 EPS for the quarter, hitting the consensus estimate of $1.08. The corporate had income of $1.98 billion through the quarter, in comparison with the consensus estimate of $2 billion. Masco had a web margin of 10.54% and a return on fairness of 615.54%. The corporate’s quarterly income was up .2% on a year-over-year foundation. Throughout the identical quarter final yr, the agency posted $1.00 EPS. Analysis analysts anticipate that Masco Co. will publish 4.1 earnings per share for the present yr.
Masco Dividend Announcement
The corporate additionally not too long ago introduced a quarterly dividend, which might be paid on Monday, November twenty fifth. Stockholders of report on Friday, November eighth might be paid a $0.29 dividend. The ex-dividend date is Friday, November eighth. This represents a $1.16 annualized dividend and a dividend yield of 1.45%. Masco’s dividend payout ratio is presently 30.85%.
About Masco
Masco Company designs, manufactures, and distributes residence enchancment and constructing merchandise in North America, Europe, and internationally. The corporate’s Plumbing Merchandise phase affords taps, showerheads, handheld showers, valves, bathtub {hardware} and equipment, bathing items, bathe bases and enclosures, sinks, bogs, acrylic tubs, bathe trays, spas, train swimming pools, and health techniques; brass, copper, and composite plumbing system elements; related water merchandise; thermoplastic options, extruded plastic profiles, specialised fabrications, and PEX tubing merchandise; and different non-decorative plumbing merchandise.
Featured Tales
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