DE Burlo Group Inc. trimmed its stake in shares of Masco Corp (NYSE:MAS) by 9.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 131,450 shares of the construction company’s stock after selling 13,700 shares during the quarter. DE Burlo Group Inc.’s holdings in Masco were worth $5,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in MAS. Ameritas Investment Partners Inc. lifted its holdings in shares of Masco by 1.4% during the second quarter. Ameritas Investment Partners Inc. now owns 7,474 shares of the construction company’s stock worth $286,000 after buying an additional 105 shares in the last quarter. Advisory Services Network LLC lifted its holdings in shares of Masco by 27.6% during the second quarter. Advisory Services Network LLC now owns 3,532 shares of the construction company’s stock worth $135,000 after buying an additional 763 shares in the last quarter. Boys Arnold & Co. Inc. lifted its holdings in shares of Masco by 7.6% during the fourth quarter. Boys Arnold & Co. Inc. now owns 18,068 shares of the construction company’s stock worth $794,000 after buying an additional 1,275 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of Masco by 2.1% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 62,808 shares of the construction company’s stock worth $2,460,000 after buying an additional 1,300 shares in the last quarter. Finally, Westpac Banking Corp lifted its holdings in shares of Masco by 7.3% during the fourth quarter. Westpac Banking Corp now owns 20,060 shares of the construction company’s stock worth $881,000 after buying an additional 1,364 shares in the last quarter. 88.25% of the stock is owned by hedge funds and other institutional investors.

Masco Corp (NYSE:MAS) opened at $42.76 on Wednesday. The company has a market capitalization of $13,513.44, a PE ratio of 25.92, a P/E/G ratio of 1.08 and a beta of 1.49. Masco Corp has a 52 week low of $32.88 and a 52 week high of $46.44. The company has a debt-to-equity ratio of 16.87, a current ratio of 1.97 and a quick ratio of 1.49.

Masco (NYSE:MAS) last posted its quarterly earnings results on Thursday, February 8th. The construction company reported $0.44 EPS for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.01. The business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.84 billion. Masco had a return on equity of 1,000.81% and a net margin of 6.97%. Masco’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.33 earnings per share. equities analysts expect that Masco Corp will post 2.57 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, February 12th. Investors of record on Friday, January 12th were paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date was Thursday, January 11th. Masco’s dividend payout ratio (DPR) is presently 25.45%.

A number of research firms have recently weighed in on MAS. B. Riley reissued a “buy” rating on shares of Masco in a report on Wednesday, November 1st. Zacks Investment Research downgraded Masco from a “hold” rating to a “sell” rating in a report on Tuesday, December 26th. Barclays set a $45.00 target price on Masco and gave the stock a “buy” rating in a report on Wednesday, October 25th. FBR & Co reissued a “buy” rating and set a $46.00 target price (up previously from $43.00) on shares of Masco in a report on Wednesday, October 25th. Finally, Nomura set a $45.00 target price on Masco and gave the stock a “buy” rating in a report on Wednesday, October 25th. Eight research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $44.07.

In related news, VP Renee Straber sold 2,574 shares of the business’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $42.55, for a total value of $109,523.70. Following the completion of the transaction, the vice president now owns 65,423 shares of the company’s stock, valued at $2,783,748.65. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.30% of the stock is owned by insiders.

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About Masco

Masco Corporation designs, manufactures, markets and distributes branded home improvement and building products. The Company operates through four business segments: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows and Other Specialty Products. The Company’s portfolio of brands includes BEHR paint; DELTA and HANSGROHE faucets, bath and shower fixtures; KRAFTMAID and MERILLAT cabinets; MILGARD windows and doors, and HOT SPRING spas.

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Institutional Ownership by Quarter for Masco (NYSE:MAS)

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