Aviva PLC increased its position in shares of Masco Corporation (NYSE:MAS) by 0.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 201,284 shares of the construction company’s stock after buying an additional 1,480 shares during the period. Aviva PLC owned about 0.06% of Masco Corporation worth $7,693,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Hills Bank & Trust Co. raised its stake in Masco Corporation by 0.3% in the second quarter. Hills Bank & Trust Co. now owns 21,935 shares of the construction company’s stock worth $838,000 after buying an additional 75 shares during the period. Louisiana State Employees Retirement System raised its stake in Masco Corporation by 0.5% in the second quarter. Louisiana State Employees Retirement System now owns 19,800 shares of the construction company’s stock worth $757,000 after buying an additional 100 shares during the period. Edmond DE Rothschild Holding S.A. raised its stake in Masco Corporation by 2.1% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 5,126 shares of the construction company’s stock worth $174,000 after buying an additional 106 shares during the period. Bollard Group LLC raised its stake in Masco Corporation by 0.3% in the second quarter. Bollard Group LLC now owns 42,560 shares of the construction company’s stock worth $1,626,000 after buying an additional 115 shares during the period. Finally, Atria Investments LLC raised its stake in Masco Corporation by 0.9% in the second quarter. Atria Investments LLC now owns 13,642 shares of the construction company’s stock worth $521,000 after buying an additional 121 shares during the period. 88.48% of the stock is owned by institutional investors.

Shares of Masco Corporation (MAS) opened at 36.31 on Wednesday. Masco Corporation has a 1-year low of $29.38 and a 1-year high of $39.37. The stock has a market cap of $11.45 billion, a P/E ratio of 22.46 and a beta of 1.56. The company has a 50 day moving average price of $37.79 and a 200 day moving average price of $36.19.

Masco Corporation (NYSE:MAS) last announced its quarterly earnings data on Thursday, July 27th. The construction company reported $0.60 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.60. Masco Corporation had a net margin of 7.09% and a return on equity of 20,509.09%. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period last year, the business earned $0.46 EPS. The company’s revenue was up 2.8% on a year-over-year basis. On average, equities analysts anticipate that Masco Corporation will post $1.97 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 14th. Stockholders of record on Friday, July 14th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, July 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.10%. Masco Corporation’s payout ratio is 24.69%.

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A number of research firms have recently weighed in on MAS. Royal Bank Of Canada reissued a “buy” rating and issued a $43.00 target price on shares of Masco Corporation in a research note on Tuesday, July 18th. Jefferies Group LLC reissued a “buy” rating and issued a $45.00 target price on shares of Masco Corporation in a research note on Wednesday, July 19th. BidaskClub lowered Masco Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Zacks Investment Research raised Masco Corporation from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research note on Friday, July 21st. Finally, Longbow Research reissued a “buy” rating and issued a $42.00 target price on shares of Masco Corporation in a research note on Tuesday, July 4th. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $40.93.

In other news, insider Richard A. O’reagan sold 19,498 shares of the firm’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $38.18, for a total value of $744,433.64. Following the sale, the insider now directly owns 91,154 shares in the company, valued at approximately $3,480,259.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Renee Straber sold 4,452 shares of the firm’s stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $38.58, for a total transaction of $171,758.16. Following the completion of the sale, the vice president now owns 65,961 shares in the company, valued at $2,544,775.38. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by company insiders.

About Masco Corporation

Masco Corporation designs, manufactures, markets and distributes branded home improvement and building products. The Company operates through four business segments: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows and Other Specialty Products. The Company’s portfolio of brands includes BEHR paint; DELTA and HANSGROHE faucets, bath and shower fixtures; KRAFTMAID and MERILLAT cabinets; MILGARD windows and doors, and HOT SPRING spas.

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Institutional Ownership by Quarter for Masco Corporation (NYSE:MAS)

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