Mutual of America Capital Management LLC Grows Position in Masonite International Co. (NYSE:DOOR)

Mutual of America Capital Management LLC raised its position in Masonite International Co. (NYSE:DOOR) by 4.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 47,167 shares of the company’s stock after acquiring an additional 2,211 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.22% of Masonite International worth $3,993,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DOOR. NBC Securities Inc. purchased a new position in shares of Masonite International in the 3rd quarter valued at about $25,000. Ronald Blue Trust Inc. increased its stake in Masonite International by 352.5% in the third quarter. Ronald Blue Trust Inc. now owns 267 shares of the company’s stock valued at $27,000 after purchasing an additional 208 shares during the last quarter. Ensign Peak Advisors Inc acquired a new stake in Masonite International during the third quarter worth approximately $32,000. Federated Hermes Inc. lifted its position in shares of Masonite International by 55.0% during the 3rd quarter. Federated Hermes Inc. now owns 513 shares of the company’s stock worth $37,000 after buying an additional 182 shares during the last quarter. Finally, Point72 Hong Kong Ltd purchased a new stake in shares of Masonite International during the 1st quarter worth approximately $46,000. Institutional investors and hedge funds own 97.07% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on DOOR shares. TheStreet lowered shares of Masonite International from a “b” rating to a “c+” rating in a research note on Tuesday, February 20th. Robert W. Baird lowered Masonite International from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $106.00 to $92.00 in a research report on Tuesday, December 19th. Stifel Nicolaus reiterated a “hold” rating and issued a $133.00 price objective (up previously from $119.00) on shares of Masonite International in a research note on Wednesday, February 21st. Wedbush restated a “neutral” rating and set a $133.00 target price on shares of Masonite International in a research report on Tuesday, February 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $133.00 price target (up previously from $115.00) on shares of Masonite International in a research report on Monday, February 12th. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $116.89.

Insider Activity at Masonite International

In other news, insider Robert Paxton sold 721 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $129.95, for a total value of $93,693.95. Following the completion of the transaction, the insider now owns 20,798 shares in the company, valued at approximately $2,702,700.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Robert Paxton sold 721 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $129.95, for a total value of $93,693.95. Following the sale, the insider now owns 20,798 shares in the company, valued at approximately $2,702,700.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Christopher O. Ball sold 396 shares of Masonite International stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $130.06, for a total value of $51,503.76. Following the transaction, the insider now directly owns 13,263 shares of the company’s stock, valued at $1,724,985.78. The disclosure for this sale can be found here. Insiders have sold a total of 1,641 shares of company stock worth $213,329 over the last three months. 1.21% of the stock is currently owned by corporate insiders.

Masonite International Stock Up 0.2 %

Shares of Masonite International stock opened at $130.58 on Wednesday. The company has a market cap of $2.87 billion, a P/E ratio of 24.78, a PEG ratio of 6.90 and a beta of 1.64. The firm has a fifty day moving average of $129.26 and a two-hundred day moving average of $102.11. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.42 and a current ratio of 2.42. Masonite International Co. has a one year low of $76.87 and a one year high of $131.93.

Masonite International (NYSE:DOOR) last announced its quarterly earnings data on Tuesday, February 20th. The company reported $1.31 EPS for the quarter, missing analysts’ consensus estimates of $1.36 by ($0.05). Masonite International had a net margin of 4.18% and a return on equity of 20.17%. The firm had revenue of $660.58 million during the quarter, compared to analyst estimates of $659.87 million. During the same quarter in the previous year, the business earned $1.72 EPS. On average, analysts forecast that Masonite International Co. will post 9.48 earnings per share for the current year.

About Masonite International

Masonite International Corporation designs, manufactures, markets, and distributes interior and exterior doors and door solutions for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. It offers interior doors of wood and related materials, including wood composite molded and flat door facings; exterior doors of steel, fiberglass, or composite materials; and molded panel, flush, stile and rail, steel, and fiberglass residential doors; and architectural doors, as well as Z-articulating cap sill, ADAptive, and ultimate astragals,trilennium, simple solution corner pads, and panolock products.