Achmea Investment Management B.V. Has $18.34 Million Stock Position in Masco Co. (NYSE:MAS)

Achmea Investment Management B.V. lessened its position in Masco Co. (NYSE:MAS - Free Report) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 252,670 shares of the construction company's stock after selling 7,415 shares during the quarter. Achmea Investment Management B.V. owned approximately 0.12% of Masco worth $18,337,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of MAS. ORG Wealth Partners LLC acquired a new stake in Masco in the 4th quarter valued at approximately $27,000. Golden State Wealth Management LLC acquired a new stake in Masco in the 4th quarter valued at approximately $27,000. Kestra Investment Management LLC acquired a new stake in Masco in the 4th quarter valued at approximately $30,000. Ashton Thomas Securities LLC acquired a new stake in Masco in the 3rd quarter valued at approximately $43,000. Finally, Venturi Wealth Management LLC raised its position in Masco by 59.4% in the 3rd quarter. Venturi Wealth Management LLC now owns 596 shares of the construction company's stock valued at $50,000 after buying an additional 222 shares during the last quarter. Institutional investors and hedge funds own 93.91% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Barclays boosted their price target on Masco from $84.00 to $87.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 12th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $74.00 price target on shares of Masco in a research report on Wednesday, February 12th. UBS Group lowered their price target on Masco from $94.00 to $91.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. Jefferies Financial Group lowered Masco from a "buy" rating to a "hold" rating and lowered their price target for the stock from $96.00 to $89.00 in a research report on Monday, December 16th. Finally, Oppenheimer raised Masco from a "market perform" rating to an "outperform" rating and set a $89.00 price target on the stock in a research report on Friday, January 10th. Nine equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $86.32.

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Masco Stock Performance

MAS traded up $1.14 during trading on Friday, hitting $70.35. The stock had a trading volume of 2,231,595 shares, compared to its average volume of 1,569,563. The company has a 50 day moving average price of $76.04 and a 200-day moving average price of $78.47. The firm has a market cap of $14.91 billion, a price-to-earnings ratio of 18.71, a P/E/G ratio of 1.94 and a beta of 1.24. Masco Co. has a one year low of $63.81 and a one year high of $86.70. The company has a debt-to-equity ratio of 20.74, a current ratio of 1.75 and a quick ratio of 1.15.

Masco (NYSE:MAS - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The construction company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.01. Masco had a return on equity of 838.32% and a net margin of 10.50%. During the same period in the prior year, the firm posted $0.83 earnings per share. As a group, research analysts predict that Masco Co. will post 4.34 EPS for the current year.

Masco Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 21st were paid a $0.31 dividend. The ex-dividend date of this dividend was Friday, February 21st. This is an increase from Masco's previous quarterly dividend of $0.29. This represents a $1.24 annualized dividend and a yield of 1.76%. Masco's payout ratio is 32.98%.

Insider Activity at Masco

In other news, VP Renee Straber sold 3,139 shares of the company's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $71.78, for a total transaction of $225,317.42. Following the completion of the sale, the vice president now directly owns 33,027 shares in the company, valued at approximately $2,370,678.06. This represents a 8.68 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Keith J. Allman sold 21,723 shares of the company's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $76.36, for a total value of $1,658,768.28. Following the sale, the chief executive officer now owns 60,267 shares of the company's stock, valued at approximately $4,601,988.12. The trade was a 26.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by corporate insiders.

Masco Company Profile

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.