13,256 Shares in Masco Co. (NYSE:MAS) Purchased by Unigestion Holding SA

Unigestion Holding SA bought a new stake in Masco Co. (NYSE:MAS - Free Report) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 13,256 shares of the construction company's stock, valued at approximately $1,113,000.

A number of other large investors also recently bought and sold shares of the company. Boston Trust Walden Corp increased its position in Masco by 28.3% during the 2nd quarter. Boston Trust Walden Corp now owns 467,897 shares of the construction company's stock worth $31,195,000 after purchasing an additional 103,310 shares during the period. Foster Victor Wealth Advisors LLC grew its holdings in Masco by 18.9% during the second quarter. Foster Victor Wealth Advisors LLC now owns 215,811 shares of the construction company's stock worth $14,388,000 after acquiring an additional 34,345 shares during the period. Seizert Capital Partners LLC raised its position in Masco by 21.7% in the third quarter. Seizert Capital Partners LLC now owns 540,437 shares of the construction company's stock worth $45,364,000 after acquiring an additional 96,415 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in Masco by 11.6% in the second quarter. Hsbc Holdings PLC now owns 465,033 shares of the construction company's stock valued at $30,932,000 after acquiring an additional 48,379 shares during the period. Finally, Oppenheimer Asset Management Inc. grew its stake in shares of Masco by 14.7% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 142,443 shares of the construction company's stock worth $9,497,000 after purchasing an additional 18,287 shares during the period. Hedge funds and other institutional investors own 93.91% of the company's stock.

Masco Stock Performance

Shares of NYSE:MAS remained flat at $79.35 on Wednesday. 1,539,965 shares of the company's stock were exchanged, compared to its average volume of 1,774,989. The company has a quick ratio of 1.21, a current ratio of 1.83 and a debt-to-equity ratio of 20.74. Masco Co. has a 1 year low of $63.60 and a 1 year high of $86.70. The firm has a market cap of $17.12 billion, a P/E ratio of 21.11, a price-to-earnings-growth ratio of 2.63 and a beta of 1.23. The company's fifty day moving average price is $81.28 and its two-hundred day moving average price is $76.36.

Masco (NYSE:MAS - Get Free Report) last announced its earnings results on Tuesday, October 29th. The construction company reported $1.08 EPS 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 business had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $2 billion. During the same period in the prior year, the business posted $1.00 earnings per share. The firm's revenue was up .2% on a year-over-year basis. As a group, equities research analysts forecast that Masco Co. will post 4.09 EPS for the current fiscal year.

Masco Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Friday, November 8th were paid a $0.29 dividend. The ex-dividend date was Friday, November 8th. This represents a $1.16 dividend on an annualized basis and a yield of 1.46%. Masco's dividend payout ratio (DPR) is presently 30.85%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MAS. Evercore ISI boosted their price target on Masco from $78.00 to $82.00 and gave the stock an "in-line" rating in a research note on Wednesday, October 30th. JPMorgan Chase & Co. boosted their price objective on shares of Masco from $80.00 to $83.50 and gave the company a "neutral" rating in a research note on Tuesday, November 5th. StockNews.com downgraded shares of Masco from a "buy" rating to a "hold" rating in a research note on Friday, November 15th. Truist Financial lifted their price objective on shares of Masco from $84.00 to $92.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th. Finally, BMO Capital Markets lifted their price objective on Masco from $78.00 to $85.00 and gave the stock a "market perform" rating in a report on Tuesday, October 22nd. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $85.96.

About Masco

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.