Segall Bryant & Hamill LLC Grows Stock Position in Masco Co. (NYSE:MAS)

Segall Bryant & Hamill LLC increased its position in shares of Masco Co. (NYSE:MAS - Free Report) by 19.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,077 shares of the construction company's stock after acquiring an additional 13,212 shares during the quarter. Segall Bryant & Hamill LLC's holdings in Masco were worth $5,811,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. ORG Wealth Partners LLC acquired a new position in shares of Masco during the fourth quarter worth $27,000. Golden State Wealth Management LLC purchased a new position in Masco during the 4th quarter worth $27,000. Kestra Investment Management LLC acquired a new position in Masco during the 4th quarter valued at about $30,000. Lee Danner & Bass Inc. purchased a new stake in Masco in the fourth quarter valued at about $42,000. Finally, MassMutual Private Wealth & Trust FSB grew its stake in shares of Masco by 26.7% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 703 shares of the construction company's stock worth $51,000 after acquiring an additional 148 shares during the last quarter. Hedge funds and other institutional investors own 93.91% of the company's stock.

Insider Buying and Selling

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

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Masco Stock Performance

Masco stock traded up $0.89 during mid-day trading on Monday, hitting $69.56. The company had a trading volume of 1,896,391 shares, compared to its average volume of 1,652,159. The company has a market capitalization of $14.75 billion, a price-to-earnings ratio of 18.50, a P/E/G ratio of 1.94 and a beta of 1.24. Masco Co. has a 12-month low of $63.81 and a 12-month high of $86.70. The company's fifty day moving average is $75.06 and its 200-day moving average is $77.85. The company has a current ratio of 1.75, a quick ratio of 1.15 and a debt-to-equity ratio of 20.74.

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

Masco Increases Dividend

The firm 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. This represents a $1.24 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend was Friday, February 21st. This is a positive change from Masco's previous quarterly dividend of $0.29. Masco's payout ratio is currently 32.98%.

Analyst Ratings Changes

MAS has been the subject of several research analyst reports. Barclays increased their price objective on shares of Masco from $84.00 to $87.00 and gave the company an "overweight" rating in a research report on Wednesday, February 12th. Oppenheimer upgraded shares of Masco from a "market perform" rating to an "outperform" rating and set a $89.00 price objective for the company in a research note on Friday, January 10th. UBS Group dropped their price objective on shares of Masco from $94.00 to $91.00 and set a "buy" rating on the stock in a report on Wednesday, February 12th. Zelman & Associates upgraded Masco to a "strong-buy" rating in a research note on Friday, January 17th. Finally, The Goldman Sachs Group boosted their price target on Masco from $85.00 to $96.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Nine equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Masco presently has a consensus rating of "Moderate Buy" and a consensus target price of $86.32.

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.