November 28, 2016 - By Dolores Ford · 0 Comments
Masco Corp (NYSE:MAS) institutional sentiment decreased to 0.81 in 2016 Q2. Its down -0.18, from 0.99 in 2016Q1. The ratio has dropped, as 233 active investment managers opened new or increased holdings, while 235 sold and reduced stakes in Masco Corp. The active investment managers in our partner’s database now possess: 295.06 million shares, down from 311.42 million shares in 2016Q1. Also, the number of active investment managers holding Masco Corp in their top 10 holdings decreased from 14 to 5 for a decrease of 9. Sold All: 48 Reduced: 187 Increased: 176 New Position: 57.
Masco Corporation designs, manufactures, markets and distributes branded home improvement and building products. The company has a market cap of $10.68 billion. The Firm operates through four business divisions: Cabinets and Related Products, Plumbing Products, Decorative Architectural Products and Other Specialty Products. It has a 23.03 P/E ratio. It has a portfolio of brands, which includes KRAFTMAID, MERILLAT and PEERLESS.
About 1.94 million shares traded hands. Masco Corp (NYSE:MAS) has risen 1.46% since April 25, 2016 and is uptrending. It has underperformed by 4.56% the S&P500.
Analysts await Masco Corp (NYSE:MAS) to report earnings on February, 14. They expect $0.35 earnings per share, up 20.69% or $0.06 from last year’s $0.29 per share. MAS’s profit will be $116.01M for 23.01 P/E if the $0.35 EPS becomes a reality. After $0.41 actual earnings per share reported by Masco Corp for the previous quarter, Wall Street now forecasts -14.63% negative EPS growth.
According to Zacks Investment Research, “Masco Corporation is the country’s leading manufacturer of home improvement and building products that bring the highest quality and value to your home and family. Although Masco may not yet be a household word, you probably recognize some of our family members. Currently, we have over 30 quality building products manufacturers in our family.”
Sadoff Investment Management Llc holds 3.36% of its portfolio in Masco Corp for 909,565 shares. Argent Capital Management Llc owns 2.13 million shares or 2.95% of their US portfolio. Moreover, Robecosam Usa Inc. has 2.92% invested in the company for 75,740 shares. The California-based Magee Thomson Investment Partners Llc has invested 2.66% in the stock. Broadview Advisors Llc, a Wisconsin-based fund reported 546,500 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 7 selling transactions for $4.32 million net activity.
Ratings analysis reveals 87% of Masco’s analysts are positive. Out of 15 Wall Street analysts rating Masco, 13 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $26 while the high is $42. The stock’s average target of $34.28 is 6.39% above today’s ($32.22) share price. MAS was included in 19 notes of analysts from July 28, 2015. The rating was maintained by Barclays Capital with “Equal-Weight” on Tuesday, October 13. The company was maintained on Thursday, April 7 by Barclays Capital. The firm has “Neutral” rating by M Partners given on Tuesday, July 28. On Wednesday, October 28 the stock rating was maintained by M Partners with “Neutral”. The rating was initiated by Wells Fargo on Thursday, September 29 with “Outperform”. The firm has “Overweight” rating given on Wednesday, October 28 by Barclays Capital. The firm earned “Buy” rating on Tuesday, July 28 by SunTrust. RBC Capital Markets maintained Masco Corp (NYSE:MAS) on Wednesday, October 26 with “Outperform” rating. The firm earned “Buy” rating on Monday, January 25 by Evercore. The rating was maintained by Jefferies with “Buy” on Wednesday, July 27.
Masco Corporation, incorporated on June 15, 1962, designs, makes, markets and distributes branded home improvement and building products. The Firm operates through four business divisions: Cabinets and Related Products, Plumbing Products, Decorative Architectural Products and Other Specialty Products. The Firm has a portfolio of brands, which includes KRAFTMAID, MERILLAT, HANSGROHE, HOT SPRING, CALDERA, BEHR, KILZ, LIBERTY, BRAINERD, MILGARD, DELTA and PEERLESS.
Another recent and important Masco Corp (NYSE:MAS) news was published by Streetinsider.com which published an article titled: “Masco Corp. (MAS) Ratings Affirmed by S&P; Outlook Stable” on November 11, 2016.
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By Dolores Ford