Masonite International Co. (NYSE:DOOR) Stock Holdings Increased by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its holdings in Masonite International Co. (NYSE:DOOR) by 8.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,104 shares of the company’s stock after purchasing an additional 864 shares during the quarter. Teacher Retirement System of Texas owned 0.05% of Masonite International worth $940,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. NBC Securities Inc. acquired a new stake in shares of Masonite International during the third quarter valued at approximately $25,000. Signaturefd LLC raised its holdings in shares of Masonite International by 134.6% during the fourth quarter. Signaturefd LLC now owns 359 shares of the company’s stock valued at $30,000 after acquiring an additional 206 shares during the period. Daiwa Securities Group Inc. acquired a new stake in shares of Masonite International during the fourth quarter valued at approximately $34,000. Parkside Financial Bank & Trust raised its holdings in shares of Masonite International by 39.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 531 shares of the company’s stock valued at $45,000 after acquiring an additional 151 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of Masonite International during the third quarter valued at approximately $103,000. 97.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on DOOR shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $133.00 price target (up previously from $115.00) on shares of Masonite International in a report on Monday, February 12th. Royal Bank of Canada boosted their price objective on shares of Masonite International from $87.00 to $133.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 21st. Stifel Nicolaus reaffirmed a “hold” rating and set a $133.00 price objective (up from $119.00) on shares of Masonite International in a research report on Wednesday, February 21st. StockNews.com started coverage on shares of Masonite International in a research report on Saturday, May 18th. They set a “hold” rating on the stock. Finally, Wedbush reaffirmed a “neutral” rating and set a $133.00 price objective on shares of Masonite International in a research report on Tuesday, February 20th. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Masonite International has a consensus rating of “Hold” and an average target price of $116.89.

Insider Buying and Selling

In related news, insider Christopher O. Ball sold 396 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total transaction of $51,503.76. Following the completion of the sale, the insider now directly owns 13,263 shares of the company’s stock, valued at approximately $1,724,985.78. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, SVP James C. Pelletier sold 262 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total transaction of $34,075.72. Following the completion of the transaction, the senior vice president now directly owns 12,739 shares in the company, valued at approximately $1,656,834.34. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Christopher O. Ball sold 396 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total transaction of $51,503.76. Following the transaction, the insider now owns 13,263 shares of the company’s stock, valued at $1,724,985.78. The disclosure for this sale can be found here. In the last three months, insiders sold 741 shares of company stock valued at $96,374. Company insiders own 1.21% of the company’s stock.

Masonite International Stock Performance

DOOR stock opened at $132.84 on Thursday. The company has a quick ratio of 1.57, a current ratio of 2.47 and a debt-to-equity ratio of 1.13. The firm has a 50 day moving average of $131.74 and a two-hundred day moving average of $110.79. The company has a market capitalization of $2.92 billion, a price-to-earnings ratio of 21.09, a P/E/G ratio of 6.64 and a beta of 1.63. Masonite International Co. has a 12 month low of $76.87 and a 12 month high of $132.89.

Masonite International (NYSE:DOOR) last posted its quarterly earnings data on Monday, May 6th. The company reported $1.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.05 by ($0.76). The firm had revenue of $668.34 million for the quarter, compared to the consensus estimate of $715.38 million. Masonite International had a return on equity of 17.82% and a net margin of 5.08%. Masonite International’s quarterly revenue was down 7.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.88 earnings per share. As a group, equities analysts anticipate that Masonite International Co. will post 10 EPS for the current fiscal year.

Masonite International Company Profile

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.