Fuller & Thaler Asset Management Inc. Has $12.02 Million Stock Holdings in Masco Co. (NYSE:MAS)

Fuller & Thaler Asset Management Inc. grew its stake in shares of Masco Co. (NYSE:MAS - Free Report) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 165,590 shares of the construction company's stock after purchasing an additional 8,725 shares during the period. Fuller & Thaler Asset Management Inc. owned about 0.08% of Masco worth $12,017,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. ORG Wealth Partners LLC purchased a new stake in Masco during the fourth quarter valued at about $27,000. Golden State Wealth Management LLC purchased a new stake in shares of Masco in the 4th quarter valued at approximately $27,000. Kestra Investment Management LLC acquired a new position in Masco in the 4th quarter worth approximately $30,000. Lee Danner & Bass Inc. purchased a new position in Masco during the 4th quarter worth approximately $42,000. Finally, GeoWealth Management LLC raised its stake in Masco by 89.0% during the 4th quarter. GeoWealth Management LLC now owns 684 shares of the construction company's stock valued at $50,000 after purchasing an additional 322 shares during the period. Institutional investors and hedge funds own 93.91% of the company's stock.

Masco Stock Up 1.7 %

Shares of Masco stock opened at $60.32 on Friday. Masco Co. has a 12-month low of $56.55 and a 12-month high of $86.70. The stock has a market capitalization of $12.77 billion, a P/E ratio of 16.04, a PEG ratio of 1.94 and a beta of 1.24. The company has a quick ratio of 1.15, a current ratio of 1.75 and a debt-to-equity ratio of 20.74. The stock has a 50 day moving average price of $68.53 and a two-hundred day moving average price of $75.16.

Masco (NYSE:MAS - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The construction company reported $0.87 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.92 by ($0.05). The firm had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.84 billion. Masco had a net margin of 10.50% and a return on equity of 838.32%. Equities analysts expect that Masco Co. will post 4.34 earnings per share for the current year.

Masco Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 21st were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend was Friday, February 21st. This is a boost from Masco's previous quarterly dividend of $0.29. Masco's payout ratio is currently 32.98%.

Insider Activity at Masco

In other news, VP Renee Straber sold 3,139 shares of the company's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $71.78, for a total transaction of $225,317.42. Following the completion of the transaction, the vice president now owns 33,027 shares of the company's stock, valued at approximately $2,370,678.06. This represents a 8.68 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Keith J. Allman sold 21,723 shares of Masco stock in a transaction dated Wednesday, February 26th. The stock was 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 directly owns 60,267 shares in the company, valued at approximately $4,601,988.12. This trade represents a 26.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.50% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MAS. Citigroup lowered their price target on Masco from $82.00 to $77.00 and set a "neutral" rating on the stock in a report on Monday, January 6th. The Goldman Sachs Group lowered their target price on Masco from $82.00 to $73.00 and set a "buy" rating on the stock in a research note on Thursday. Barclays set a $71.00 price target on shares of Masco and gave the stock an "overweight" rating in a research report on Thursday. Jefferies Financial Group lowered their price objective on shares of Masco from $64.00 to $62.00 and set a "hold" rating on the stock in a research report on Wednesday. Finally, Wells Fargo & Company cut their target price on shares of Masco from $82.00 to $65.00 and set an "equal weight" rating for the company in a research report on Monday, April 14th. Ten equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $73.10.

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.

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