Universal Beteiligungs und Servicegesellschaft mbH Purchases 17,695 Shares of Masco Corporation $MAS

Universal Beteiligungs und Servicegesellschaft mbH grew its position in Masco Corporation (NYSE:MAS) by 6.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 276,168 shares of the construction company’s stock after acquiring an additional 17,695 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.13% of Masco worth $19,439,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Elevation Point Wealth Partners LLC purchased a new position in shares of Masco in the second quarter valued at $28,000. Headlands Technologies LLC lifted its position in Masco by 114.5% during the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after purchasing an additional 293 shares during the last quarter. Caldwell Trust Co purchased a new position in shares of Masco in the 2nd quarter worth $37,000. CYBER HORNET ETFs LLC purchased a new position in shares of Masco in the 2nd quarter worth $37,000. Finally, Steph & Co. bought a new stake in shares of Masco in the 2nd quarter worth about $39,000. 93.91% of the stock is owned by hedge funds and other institutional investors.

Masco Price Performance

Shares of MAS stock opened at $68.73 on Friday. The stock has a 50 day moving average price of $65.04 and a 200 day moving average price of $67.72. Masco Corporation has a 52-week low of $56.55 and a 52-week high of $82.18. The company has a debt-to-equity ratio of 17.53, a quick ratio of 1.20 and a current ratio of 1.88. The firm has a market capitalization of $14.27 billion, a P/E ratio of 17.62, a P/E/G ratio of 2.82 and a beta of 1.28.

Masco (NYSE:MAS) last released its earnings results on Wednesday, October 29th. The construction company reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.05). The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Masco had a return on equity of 1,317.38% and a net margin of 10.89%.The business’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.08 EPS. Masco has set its FY 2025 guidance at 3.900-3.95 EPS. As a group, sell-side analysts predict that Masco Corporation will post 4.34 earnings per share for the current year.

Masco Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Shareholders of record on Friday, November 7th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, November 7th. Masco’s payout ratio is 31.79%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MAS. Citigroup lowered their price target on shares of Masco from $72.00 to $71.00 and set a “neutral” rating for the company in a report on Thursday, January 8th. UBS Group lowered their price objective on Masco from $85.00 to $84.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $67.00 target price on shares of Masco in a report on Friday, January 9th. Weiss Ratings restated a “hold (c+)” rating on shares of Masco in a report on Thursday. Finally, Argus lowered their price target on Masco from $82.00 to $80.00 and set a “buy” rating for the company in a research report on Wednesday, November 5th. Six research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $73.20.

Masco Company Profile

Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door‐bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company’s product offerings are organized into two primary segments.