Masco Corporation (NYSE:MAS) VP Kenneth G. Cole sold 2,266 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $37.36, for a total value of $84,657.76. Following the completion of the sale, the vice president now owns 85,693 shares of the company’s stock, valued at approximately $3,201,490.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Masco Corporation (NYSE:MAS) last announced its quarterly earnings results on Thursday, July 27th. The construction company reported $0.60 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.60. Masco Corporation had a net margin of 7.09% and a return on equity of 20,509.09%. The firm had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $2.07 billion. During the same period in the previous year, the company earned $0.46 earnings per share. Masco Corporation’s quarterly revenue was up 2.8% compared to the same quarter last year.

TRADEMARK VIOLATION WARNING: This piece was reported by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another domain, it was stolen and reposted in violation of US and international copyright and trademark law. The original version of this piece can be accessed at https://www.watchlistnews.com/kenneth-g-cole-sells-2266-shares-of-masco-corporation-mas-stock/1577941.html.

A number of brokerages recently issued reports on MAS. Robert W. Baird reiterated a “buy” rating and issued a $42.00 price target on shares of Masco Corporation in a report on Monday, August 28th. Zacks Investment Research lowered Masco Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. MKM Partners restated a “buy” rating and set a $44.00 target price (up previously from $43.00) on shares of Masco Corporation in a report on Tuesday, August 1st. Barclays PLC upped their target price on Masco Corporation from $40.00 to $42.00 and gave the stock an “overweight” rating in a report on Friday, July 28th. Finally, Credit Suisse Group set a $36.00 target price on Masco Corporation and gave the stock a “hold” rating in a report on Thursday, July 27th. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $40.93.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Lord Abbett & CO. LLC increased its stake in Masco Corporation by 15.5% in the second quarter. Lord Abbett & CO. LLC now owns 239,859 shares of the construction company’s stock valued at $9,165,000 after purchasing an additional 32,267 shares during the period. USA Financial Portformulas Corp acquired a new position in Masco Corporation in the second quarter valued at $516,000. Toronto Dominion Bank increased its stake in Masco Corporation by 25.3% in the second quarter. Toronto Dominion Bank now owns 108,391 shares of the construction company’s stock valued at $4,141,000 after purchasing an additional 21,863 shares during the period. Cetera Investment Advisers increased its stake in Masco Corporation by 26.0% in the second quarter. Cetera Investment Advisers now owns 13,432 shares of the construction company’s stock valued at $513,000 after purchasing an additional 2,770 shares during the period. Finally, Advisory Services Network LLC increased its stake in Masco Corporation by 27.6% in the second quarter. Advisory Services Network LLC now owns 3,532 shares of the construction company’s stock valued at $135,000 after purchasing an additional 763 shares during the period. Institutional investors own 88.38% of the company’s stock.

Masco Corporation Company Profile

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.

Insider Buying and Selling by Quarter for Masco Corporation (NYSE:MAS)

Receive News & Ratings for Masco Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Masco Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.