Diversified Trust Co Has $4.58 Million Stock Position in Masco Co. (NYSE:MAS)

Diversified Trust Co cut its holdings in Masco Co. (NYSE:MAS - Free Report) by 19.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 63,101 shares of the construction company's stock after selling 14,819 shares during the quarter. Diversified Trust Co's holdings in Masco were worth $4,579,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Franklin Resources Inc. raised its holdings in Masco by 20.6% in the third quarter. Franklin Resources Inc. now owns 331,883 shares of the construction company's stock worth $28,147,000 after purchasing an additional 56,626 shares during the period. Seizert Capital Partners LLC raised its stake in Masco by 21.7% during the 3rd quarter. Seizert Capital Partners LLC now owns 540,437 shares of the construction company's stock worth $45,364,000 after buying an additional 96,415 shares during the period. Hsbc Holdings PLC lifted its holdings in Masco by 11.6% during the second quarter. Hsbc Holdings PLC now owns 465,033 shares of the construction company's stock worth $30,932,000 after acquiring an additional 48,379 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in Masco by 14.7% in the second quarter. Oppenheimer Asset Management Inc. now owns 142,443 shares of the construction company's stock valued at $9,497,000 after acquiring an additional 18,287 shares during the period. Finally, National Bank of Canada FI increased its holdings in shares of Masco by 22.7% in the second quarter. National Bank of Canada FI now owns 62,323 shares of the construction company's stock worth $4,033,000 after acquiring an additional 11,525 shares in the last quarter. Institutional investors and hedge funds own 93.91% of the company's stock.

Analyst Ratings Changes

MAS has been the topic of several research analyst reports. Evercore ISI raised their target price on shares of Masco from $78.00 to $82.00 and gave the stock an "in-line" rating in a report on Wednesday, October 30th. Jefferies Financial Group lowered shares of Masco from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $96.00 to $89.00 in a report on Monday, December 16th. JPMorgan Chase & Co. upped their target price on shares of Masco from $80.00 to $83.50 and gave the stock a "neutral" rating in a research note on Tuesday, November 5th. UBS Group lifted their price target on Masco from $89.00 to $94.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th. Finally, Wells Fargo & Company reaffirmed an "equal weight" rating and set a $85.00 price objective (down from $92.00) on shares of Masco in a research report on Tuesday, December 17th. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Masco currently has a consensus rating of "Hold" and a consensus price target of $86.79.

Masco Trading Down 2.0 %

Masco stock traded down $1.44 during trading hours on Tuesday, hitting $71.66. The stock had a trading volume of 1,284,251 shares, compared to its average volume of 1,089,088. The stock has a market cap of $15.46 billion, a price-to-earnings ratio of 19.06, a P/E/G ratio of 2.55 and a beta of 1.25. The company has a quick ratio of 1.21, a current ratio of 1.83 and a debt-to-equity ratio of 20.74. The business's 50 day simple moving average is $77.70 and its 200-day simple moving average is $77.22. Masco Co. has a one year low of $63.81 and a one year high of $86.70.

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

Masco Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Friday, November 8th were given a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 1.62%. The ex-dividend date of this dividend was Friday, November 8th. Masco's dividend payout ratio (DPR) is presently 30.85%.

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.