December 1, 2016 - By Peter Erickson · 0 Comments
The stock of Masonite International Corporation (NYSE:DOOR) registered a decrease of 11.04% in short interest. DOOR’s total short interest was 919,100 shares in December as published by FINRA. Its down 11.04% from 1.03 million shares, reported previously. With 204,000 shares average volume, it will take short sellers 5 days to cover their DOOR’s short positions. About 122,507 shares traded hands. Masonite International Corp (NYSE:DOOR) has declined 6.41% since April 28, 2016 and is downtrending. It has underperformed by 12.34% the S&P500.
Masonite International Corporation is a designer and maker of interior and exterior doors for residential construction, residential repair, renovation and remodeling, and the non-residential building construction markets. The company has a market cap of $1.96 billion. The Company’s product lines include residential doors, architectural doors and components. It has a 29.06 P/E ratio. The Company’s residential doors are molded panel, flush, stile and rail, routed medium-density fiberboard , steel or fiberglass.
Insitutional Activity: The institutional sentiment decreased to 1 in 2016 Q2. Its down 0.39, from 1.39 in 2016Q1. The ratio is negative, as 13 funds sold all Masonite International Corp shares owned while 53 reduced positions. 42 funds bought stakes while 50 increased positions. They now own 29.27 million shares or 0.91% less from 29.54 million shares in 2016Q1.
California Pub Employees Retirement last reported 8,800 shares in the company. Jpmorgan Chase & Co last reported 0.01% of its portfolio in the stock. Principal Grp Inc Inc has 5,961 shares for 0% of their US portfolio. Blackrock Lc has 113,621 shares for 0.01% of their US portfolio. Moreover, Blackrock Advisors Lc has 0% invested in Masonite International Corp (NYSE:DOOR) for 62,194 shares. Beaconlight Ltd Llc reported 36,600 shares or 1.13% of all its holdings. Bamco New York owns 2.40M shares or 0.84% of their US portfolio. Visium Asset Mngmt Ltd Partnership holds 0.02% of its portfolio in Masonite International Corp (NYSE:DOOR) for 4,381 shares. The Missouri-based Century Inc has invested 0.02% in Masonite International Corp (NYSE:DOOR). Carlyle L P holds 0.3% or 262,688 shares in its portfolio. Royal Bancorp Of Canada has invested 0% of its portfolio in Masonite International Corp (NYSE:DOOR). Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in the company for 1,206 shares. Teacher Retirement Systems Of Texas holds 3,600 shares or 0% of its portfolio. Moreover, Point72 Asset Mngmt L P has 0% invested in Masonite International Corp (NYSE:DOOR) for 7,200 shares. The Pennsylvania-based Nationwide Fund has invested 0.04% in Masonite International Corp (NYSE:DOOR).
Insider Transactions: Since August 16, 2016, the stock had 1 buy, and 3 sales for $66,472 net activity. Lewis Robert Edgar also sold $101,505 worth of Masonite International Corp (NYSE:DOOR) on Tuesday, August 16. Shares for $236,145 were bought by Tiejema Russell Thane on Tuesday, November 22. Shares for $30,146 were sold by Hair James A on Tuesday, November 15.
Out of 6 analysts covering Masonite International (NYSE:DOOR), 6 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Masonite International has been the topic of 12 analyst reports since August 21, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Wednesday, October 14 by Northcoast. The stock of Masonite International Corp (NYSE:DOOR) earned “Hold” rating by Stifel Nicolaus on Friday, August 21. Imperial Capital maintained the shares of DOOR in a report on Friday, May 6 with “Outperform” rating. TheStreet upgraded the stock to “Hold” rating in Saturday, August 15 report. The rating was maintained by Imperial Capital with “Outperform” on Wednesday, July 6. Stifel Nicolaus upgraded the shares of DOOR in a report on Thursday, November 10 to “Buy” rating. The stock of Masonite International Corp (NYSE:DOOR) has “Outperform” rating given on Tuesday, October 6 by RBC Capital Markets. The rating was initiated by JP Morgan on Tuesday, December 15 with “Overweight”. Imperial Capital maintained the stock with “Outperform” rating in Friday, August 12 report. The firm has “Outperform” rating given on Tuesday, August 25 by FBR Capital.
Masonite International Corporation (Masonite Canada) is a vertically integrated producer, manufacturing key components of doors, including composite molded and veneer door facings, glass door lites and cut stock. The Firm is a wholly owned subsidiary of Masonite International Inc. (Masonite International). Masonite Canada operates Masonite International’s Canadian subsidiaries, as well as certain other non-United States subsidiaries. In February 2014, Masonite International Corporation completed the acquisition of Door-Stop International Limited.
More news for Masonite International Corp (NYSE:DOOR) were recently published by: Marketwatch.com, which released: “/quotes/zigman/3870025/realtime” on October 10, 2013. Businesswire.com‘s article titled: “Masonite International Corporation Names Clare Doyle to Lead Components Business” and published on October 21, 2016 is yet another important article.
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By Peter Erickson