TIAA CREF Investment Management LLC Has $9.96 Million Holdings in Masonite International Corporation (DOOR)
TIAA CREF Investment Management LLC lessened its position in shares of Masonite International Corporation (NYSE:DOOR) by 1.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 131,869 shares of the company’s stock after selling 1,738 shares during the period. TIAA CREF Investment Management LLC owned about 0.44% of Masonite International Corporation worth $9,956,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. grew its holdings in Masonite International Corporation by 84,431.7% during the 1st quarter. BlackRock Inc. now owns 2,133,580 shares of the company’s stock worth $169,086,000 after acquiring an additional 2,131,056 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Masonite International Corporation by 515.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 115,475 shares of the company’s stock worth $9,151,000 after acquiring an additional 96,723 shares in the last quarter. Bank of America Corp DE grew its holdings in Masonite International Corporation by 49.0% during the 1st quarter. Bank of America Corp DE now owns 156,217 shares of the company’s stock worth $12,380,000 after acquiring an additional 51,367 shares in the last quarter. Prudential Financial Inc. acquired a new position in Masonite International Corporation during the 1st quarter worth approximately $276,000. Finally, Stifel Financial Corp grew its holdings in Masonite International Corporation by 3.4% during the 1st quarter. Stifel Financial Corp now owns 3,786 shares of the company’s stock worth $300,000 after acquiring an additional 125 shares in the last quarter. Institutional investors own 98.11% of the company’s stock.
Several brokerages have recently issued reports on DOOR. Robert W. Baird restated a “buy” rating and issued a $70.00 target price on shares of Masonite International Corporation in a report on Sunday, September 17th. TheStreet cut shares of Masonite International Corporation from a “b” rating to a “c+” rating in a report on Friday, August 25th. Zacks Investment Research cut shares of Masonite International Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Royal Bank Of Canada restated a “buy” rating and issued a $92.00 target price on shares of Masonite International Corporation in a report on Monday, June 19th. Finally, Northcoast Research cut shares of Masonite International Corporation from a “buy” rating to a “neutral” rating and set a $70.00 target price for the company. in a report on Monday, September 18th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $75.60.
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In other Masonite International Corporation news, Director Robert J. Byrne acquired 1,500 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was purchased at an average price of $60.81 per share, with a total value of $91,215.00. Following the completion of the acquisition, the director now directly owns 9,633 shares in the company, valued at approximately $585,782.73. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.19% of the company’s stock.
Shares of Masonite International Corporation (NYSE:DOOR) opened at 68.05 on Friday. Masonite International Corporation has a 52 week low of $50.40 and a 52 week high of $85.30. The company’s 50-day moving average is $64.93 and its 200-day moving average is $73.13. The firm has a market cap of $2.01 billion, a PE ratio of 21.37 and a beta of 1.31.
Masonite International Corporation (NYSE:DOOR) last released its quarterly earnings data on Wednesday, August 9th. The company reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.22). The business had revenue of $519.70 million during the quarter, compared to analyst estimates of $547.79 million. Masonite International Corporation had a return on equity of 14.01% and a net margin of 4.95%. The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.02 EPS. Analysts forecast that Masonite International Corporation will post $3.36 EPS for the current fiscal year.
Masonite International Corporation Company Profile
Masonite International Corporation is designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling, and the non-residential building construction markets. The Company principally operates in North America; Europe, Asia and Latin America, and Africa.
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