PDT Partners LLC Has $2.08 Million Position in Masonite International Corporation (DOOR)
PDT Partners LLC lessened its position in shares of Masonite International Corporation (NYSE:DOOR) by 12.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,600 shares of the company’s stock after selling 3,900 shares during the period. PDT Partners LLC owned approximately 0.09% of Masonite International Corporation worth $2,084,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. Strs Ohio lifted its stake in Masonite International Corporation by 533.3% in the 1st quarter. Strs Ohio now owns 1,900 shares of the company’s stock worth $150,000 after purchasing an additional 1,600 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Masonite International Corporation by 2.1% in the 1st quarter. Bank of New York Mellon Corp now owns 145,932 shares of the company’s stock valued at $11,566,000 after purchasing an additional 2,980 shares during the period. UBS Asset Management Americas Inc. boosted its holdings in Masonite International Corporation by 49.5% in the 1st quarter. UBS Asset Management Americas Inc. now owns 13,453 shares of the company’s stock valued at $1,066,000 after purchasing an additional 4,457 shares during the period. Ameriprise Financial Inc. boosted its holdings in Masonite International Corporation by 0.9% in the 1st quarter. Ameriprise Financial Inc. now owns 72,891 shares of the company’s stock valued at $5,777,000 after purchasing an additional 623 shares during the period. Finally, Parametric Portfolio Associates LLC boosted its holdings in Masonite International Corporation by 171.5% in the 1st quarter. Parametric Portfolio Associates LLC now owns 118,336 shares of the company’s stock valued at $9,378,000 after purchasing an additional 74,753 shares during the period. 98.11% of the stock is currently owned by institutional investors and hedge funds.
Shares of Masonite International Corporation (NYSE DOOR) opened at 67.70 on Wednesday. Masonite International Corporation has a 12-month low of $50.40 and a 12-month high of $85.30. The stock’s 50 day moving average is $64.33 and its 200-day moving average is $73.31. The company has a market capitalization of $2.00 billion, a P/E ratio of 21.26 and a beta of 1.31.
Masonite International Corporation (NYSE:DOOR) last released its quarterly earnings data on Wednesday, August 9th. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.22). Masonite International Corporation had a net margin of 4.95% and a return on equity of 14.01%. The company had revenue of $519.70 million for the quarter, compared to the consensus estimate of $547.79 million. During the same quarter in the previous year, the business earned $1.02 EPS. The company’s quarterly revenue was up 1.1% on a year-over-year basis. Analysts anticipate that Masonite International Corporation will post $3.36 earnings per share for the current year.
Several research analysts have recently weighed in on the stock. Robert W. Baird reaffirmed a “buy” rating and issued a $70.00 price target on shares of Masonite International Corporation in a report on Sunday, September 17th. TheStreet downgraded Masonite International Corporation from a “b” rating to a “c+” rating in a research report on Friday, August 25th. Zacks Investment Research lowered Masonite International Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Royal Bank Of Canada reissued a “buy” rating and set a $92.00 price objective on shares of Masonite International Corporation in a research note on Monday, June 19th. Finally, Northcoast Research cut Masonite International Corporation from a “buy” rating to a “neutral” rating and set a $70.00 target price for the company. in a research report on Monday, September 18th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $75.60.
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In related news, Director Robert J. Byrne bought 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The stock was bought at an average cost of $60.81 per share, with a total value of $91,215.00. Following the completion of the purchase, the director now owns 9,633 shares of the company’s stock, valued at approximately $585,782.73. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.19% of the stock is currently owned by corporate insiders.
Masonite International Corporation Profile
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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