Masco (NYSE:MAS) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

Research analysts at Deutsche Bank Aktiengesellschaft began coverage on shares of Masco (NYSE:MAS - Get Free Report) in a report released on Tuesday. The firm set a "hold" rating and a $71.00 price target on the construction company's stock. Deutsche Bank Aktiengesellschaft's price target suggests a potential upside of 2.67% from the stock's current price.

MAS has been the topic of several other research reports. Wells Fargo & Company cut their target price on Masco from $85.00 to $82.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 4th. Jefferies Financial Group lowered shares of Masco from a "buy" rating to a "hold" rating and cut their price objective for the stock from $96.00 to $89.00 in a research report on Monday, December 16th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $74.00 target price on shares of Masco in a research report on Wednesday, February 12th. Oppenheimer raised shares of 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. Finally, Barclays raised their price objective on Masco from $84.00 to $87.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. Ten 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 company's stock. According to MarketBeat, Masco presently has a consensus rating of "Hold" and a consensus price target of $85.30.

Masco Trading Down 0.6 %

Shares of NYSE MAS traded down $0.39 during mid-day trading on Tuesday, hitting $69.16. The company's stock had a trading volume of 70,963 shares, compared to its average volume of 1,646,002. Masco has a one year low of $63.81 and a one year high of $86.70. The company's fifty day simple moving average is $75.06 and its 200-day simple moving average is $77.85. The company has a debt-to-equity ratio of 20.74, a current ratio of 1.75 and a quick ratio of 1.15. The stock has a market cap of $14.66 billion, a price-to-earnings ratio of 18.37, a price-to-earnings-growth ratio of 1.94 and a beta of 1.24.

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Masco (NYSE:MAS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The construction company reported $0.89 earnings per share (EPS) for the quarter, beating 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 period in the previous year, the firm earned $0.83 EPS. On average, sell-side analysts anticipate that Masco will post 4.34 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Masco news, VP Renee Straber sold 3,139 shares of Masco stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $71.78, for a total value of $225,317.42. Following the completion of the sale, the vice president now owns 33,027 shares in the company, valued at $2,370,678.06. The trade was a 8.68 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Keith J. Allman sold 21,723 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $76.36, for a total transaction of $1,658,768.28. Following the transaction, the chief executive officer now owns 60,267 shares in the company, valued at approximately $4,601,988.12. The trade was a 26.49 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.10% of the company's stock.

Institutional Trading of Masco

Large investors have recently modified their holdings of the stock. ORG Wealth Partners LLC bought a new stake in Masco during the fourth quarter worth about $27,000. Golden State Wealth Management LLC acquired a new position in shares of Masco in the 4th quarter valued at approximately $27,000. Kestra Investment Management LLC bought a new stake in shares of Masco during the 4th quarter worth approximately $30,000. Lee Danner & Bass Inc. bought a new stake in Masco during the fourth quarter worth $42,000. Finally, GeoWealth Management LLC boosted its stake in Masco by 89.0% in the fourth quarter. GeoWealth Management LLC now owns 684 shares of the construction company's stock valued at $50,000 after buying an additional 322 shares in the last quarter. 93.91% of the stock is owned by institutional investors and hedge funds.

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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