Masco Co. (NYSE:MAS) Holdings Lifted by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC lifted its holdings in Masco Co. (NYSE:MAS - Free Report) by 12.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,281 shares of the construction company's stock after buying an additional 18,495 shares during the quarter. Chevy Chase Trust Holdings LLC owned 0.08% of Masco worth $14,461,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Innealta Capital LLC purchased a new stake in Masco during the second quarter worth about $25,000. Family Firm Inc. acquired a new stake in shares of Masco in the 2nd quarter worth approximately $30,000. Massmutual Trust Co. FSB ADV increased its stake in Masco by 46.0% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 568 shares of the construction company's stock valued at $38,000 after purchasing an additional 179 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in Masco during the third quarter worth $38,000. Finally, LRI Investments LLC boosted its position in Masco by 850.8% during the second quarter. LRI Investments LLC now owns 599 shares of the construction company's stock worth $40,000 after purchasing an additional 536 shares in the last quarter. Institutional investors and hedge funds own 93.91% of the company's stock.

Insider Buying and Selling at Masco

In other news, VP Kenneth G. Cole sold 37,814 shares of the firm's stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $78.32, for a total value of $2,961,592.48. Following the transaction, the vice president now directly owns 36,980 shares in the company, valued at approximately $2,896,273.60. This trade represents a 50.56 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.10% of the stock is currently owned by corporate insiders.

Masco Stock Up 0.0 %

Masco stock traded up $0.03 during trading on Thursday, reaching $80.39. 1,244,953 shares of the company's stock were exchanged, compared to its average volume of 1,779,629. The company's 50-day moving average is $81.53 and its two-hundred day moving average is $76.00. The company has a debt-to-equity ratio of 20.74, a quick ratio of 1.21 and a current ratio of 1.83. Masco Co. has a 52-week low of $62.78 and a 52-week high of $86.70. The firm has a market cap of $17.34 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 2.62 and a beta of 1.23.

Masco (NYSE:MAS - Get Free Report) last posted its earnings results on Tuesday, October 29th. The construction company reported $1.08 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.08. The business had revenue of $1.98 billion during the quarter, compared to analyst estimates of $2 billion. Masco had a return on equity of 615.54% and a net margin of 10.54%. The company's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.00 earnings per share. On average, analysts predict that Masco Co. will post 4.09 earnings per share for the current year.

Masco Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Friday, November 8th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.16 annualized dividend and a dividend yield of 1.44%. Masco's dividend payout ratio is presently 30.85%.

Analyst Upgrades and Downgrades

MAS has been the subject of several research reports. UBS Group lifted their price target on Masco from $89.00 to $94.00 and gave the stock a "buy" rating in a research note on Wednesday, October 30th. Royal Bank of Canada downgraded shares of Masco from an "outperform" rating to a "sector perform" rating and upped their price target for the company from $79.00 to $80.00 in a report on Wednesday, October 30th. StockNews.com cut shares of Masco from a "buy" rating to a "hold" rating in a research note on Friday, November 15th. Robert W. Baird reduced their target price on Masco from $95.00 to $94.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 30th. Finally, BMO Capital Markets boosted their price target on Masco from $78.00 to $85.00 and gave the stock a "market perform" rating in a report on Tuesday, October 22nd. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $85.96.

Masco 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.