Great West Life Assurance Co. Can maintained its stake in shares of Masonite International Corp. (NYSE:DOOR) during the second quarter, Holdings Channel reports. The fund owned 2,400 shares of the company’s stock at the end of the second quarter. Great West Life Assurance Co. Can’s holdings in Masonite International Corp. were worth $157,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the company. Independent Portfolio Consultants Inc. increased its stake in shares of Masonite International Corp. by 4.9% in the second quarter. Independent Portfolio Consultants Inc. now owns 2,905 shares of the company’s stock valued at $192,000 after buying an additional 135 shares during the period. Credit Agricole S A increased its stake in Masonite International Corp. by 0.7% in the first quarter. Credit Agricole S A now owns 44,246 shares of the company’s stock worth $2,898,000 after buying an additional 300 shares during the period. Strs Ohio increased its stake in Masonite International Corp. by 17.6% in the second quarter. Strs Ohio now owns 2,000 shares of the company’s stock worth $132,000 after buying an additional 300 shares during the period. Swiss National Bank increased its stake in Masonite International Corp. by 0.7% in the second quarter. Swiss National Bank now owns 42,977 shares of the company’s stock worth $2,842,000 after buying an additional 300 shares during the period. Finally, BlackRock Inc. increased its stake in Masonite International Corp. by 105.7% in the first quarter. BlackRock Inc. now owns 2,220 shares of the company’s stock worth $146,000 after buying an additional 1,141 shares during the period. Hedge funds and other institutional investors own 99.93% of the company’s stock.

Masonite International Corp. (NYSE:DOOR) traded down 0.49% during trading on Wednesday, reaching $62.55. 171,340 shares of the company’s stock were exchanged. Masonite International Corp. has a 12 month low of $45.14 and a 12 month high of $72.75. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of 88.98 and a beta of 1.03. The firm’s 50-day moving average price is $67.32 and its 200-day moving average price is $67.36.

Masonite International Corp. (NYSE:DOOR) last released its quarterly earnings results on Wednesday, August 10th. The company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.14. The business earned $514 million during the quarter, compared to analyst estimates of $512.96 million. Masonite International Corp. had a return on equity of 12.97% and a net margin of 1.10%. Masonite International Corp.’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.42 EPS. On average, equities research analysts anticipate that Masonite International Corp. will post $2.99 EPS for the current year.

A number of research firms have recently issued reports on DOOR. FBR & Co reiterated a “buy” rating and issued a $89.00 price objective on shares of Masonite International Corp. in a report on Wednesday, August 17th. Wedbush reiterated an “outperform” rating and issued a $72.00 price objective on shares of Masonite International Corp. in a report on Friday, August 12th. Imperial Capital lowered their price objective on shares of Masonite International Corp. from $80.00 to $77.00 and set an “outperform” rating on the stock in a report on Friday, August 12th. Zacks Investment Research upgraded shares of Masonite International Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, August 9th. Finally, Royal Bank Of Canada reiterated a “buy” rating on shares of Masonite International Corp. in a report on Tuesday, July 12th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $77.88.

In related news, insider Robert Edgar Lewis sold 1,500 shares of the stock in a transaction on Tuesday, August 16th. The stock was sold at an average price of $67.67, for a total value of $101,505.00. Following the completion of the sale, the insider now directly owns 24,140 shares of the company’s stock, valued at approximately $1,633,553.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.42% of the stock is owned by corporate insiders.

About Masonite International Corp.

Masonite International Corporation is designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling, and the non-residential building construction markets. The Company principally operates in North America; Europe, Asia and Latin America, and Africa.

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