American Trust Raises Stock Position in Masonite International Co. (NYSE:DOOR)

American Trust increased its holdings in Masonite International Co. (NYSE:DOORGet Rating) by 11.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,637 shares of the company’s stock after acquiring an additional 263 shares during the quarter. American Trust’s holdings in Masonite International were worth $235,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Bank of America Corp DE increased its holdings in shares of Masonite International by 2.9% in the 1st quarter. Bank of America Corp DE now owns 258,077 shares of the company’s stock valued at $22,953,000 after acquiring an additional 7,350 shares during the period. Aurora Investment Counsel increased its holdings in shares of Masonite International by 5.9% in the 1st quarter. Aurora Investment Counsel now owns 11,812 shares of the company’s stock valued at $1,051,000 after acquiring an additional 663 shares during the period. Point72 Hong Kong Ltd acquired a new position in shares of Masonite International in the 1st quarter valued at $46,000. Quantbot Technologies LP acquired a new position in shares of Masonite International in the 1st quarter valued at $112,000. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Masonite International by 234.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 75,443 shares of the company’s stock valued at $6,709,000 after acquiring an additional 52,919 shares during the period.

Masonite International Trading Up 0.3 %

Shares of Masonite International stock opened at $75.03 on Monday. Masonite International Co. has a 12-month low of $69.41 and a 12-month high of $128.87. The company has a current ratio of 2.85, a quick ratio of 1.77 and a debt-to-equity ratio of 1.31. The stock has a market cap of $1.67 billion, a PE ratio of 12.61 and a beta of 1.72. The company has a 50-day moving average of $85.69 and a two-hundred day moving average of $85.06.

Masonite International (NYSE:DOORGet Rating) last issued its earnings results on Monday, August 8th. The company reported $2.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.43 by $0.15. Masonite International had a net margin of 4.99% and a return on equity of 32.68%. The company had revenue of $762.00 million during the quarter, compared to analysts’ expectations of $725.81 million. During the same period last year, the company posted $2.23 earnings per share. The firm’s quarterly revenue was up 15.1% compared to the same quarter last year. On average, research analysts anticipate that Masonite International Co. will post 10.34 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently commented on DOOR. Robert W. Baird lifted their target price on shares of Masonite International from $102.00 to $104.00 in a report on Wednesday, August 10th. JPMorgan Chase & Co. dropped their price objective on shares of Masonite International from $110.00 to $93.00 in a research note on Friday, July 15th. Deutsche Bank Aktiengesellschaft began coverage on shares of Masonite International in a research note on Wednesday, August 17th. They issued a “buy” rating and a $135.00 price objective on the stock. TheStreet cut shares of Masonite International from a “b” rating to a “c+” rating in a research note on Wednesday, September 14th. Finally, StockNews.com raised shares of Masonite International from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 10th. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $120.80.

Masonite International Profile

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Masonite International Corporation designs, manufactures, markets, and distributes interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. It offers molded panel, flush, stile and rail, steel, and fiberglass residential doors, as well as medium-density fiberboard (MDF) and architectural interior doors.

See Also

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Institutional Ownership by Quarter for Masonite International (NYSE:DOOR)

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