Arizona State Retirement System Purchases 144 Shares of Masonite International Co. (NYSE:DOOR)

Arizona State Retirement System lifted its position in Masonite International Co. (NYSE:DOOR – Get Rating) by 2.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,969 shares of the company’s stock after purchasing an additional 144 shares during the period. Arizona State Retirement System’s holdings in Masonite International were worth $481,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Alliancebernstein L.P. boosted its holdings in Masonite International by 15.4% in the third quarter. Alliancebernstein L.P. now owns 1,505,094 shares of the company’s stock valued at $107,298,000 after acquiring an additional 200,769 shares in the last quarter. Pzena Investment Management LLC boosted its holdings in Masonite International by 80.5% in the fourth quarter. Pzena Investment Management LLC now owns 830,512 shares of the company’s stock valued at $66,948,000 after acquiring an additional 370,355 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Masonite International by 4.1% in the third quarter. Dimensional Fund Advisors LP now owns 725,819 shares of the company’s stock valued at $51,743,000 after acquiring an additional 28,866 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its holdings in Masonite International by 23.1% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 607,079 shares of the company’s stock valued at $53,994,000 after acquiring an additional 113,896 shares in the last quarter. Finally, Lord Abbett & CO. LLC boosted its holdings in Masonite International by 0.3% in the third quarter. Lord Abbett & CO. LLC now owns 553,234 shares of the company’s stock valued at $39,440,000 after acquiring an additional 1,923 shares in the last quarter. Institutional investors own 98.67% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on DOOR. Royal Bank of Canada raised their price objective on Masonite International from $95.00 to $105.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 10th. Robert W. Baird raised their price objective on Masonite International from $110.00 to $115.00 in a research report on Wednesday, May 10th. Stifel Nicolaus raised their price objective on Masonite International from $102.00 to $115.00 in a research report on Wednesday, May 10th. Finally, StockNews.com lowered Masonite International from a “buy” rating to a “hold” rating in a research report on Thursday, May 11th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $106.43.

Masonite International Price Performance

NYSE DOOR opened at $94.41 on Friday. Masonite International Co. has a one year low of $65.71 and a one year high of $101.72. The stock has a 50-day moving average of $89.50 and a 200 day moving average of $84.60. The company has a market capitalization of $2.09 billion, a price-to-earnings ratio of 11.50 and a beta of 1.60. The company has a debt-to-equity ratio of 1.43, a quick ratio of 2.10 and a current ratio of 3.39.

Masonite International (NYSE:DOOR – Get Rating) last released its quarterly earnings results on Monday, May 8th. The company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.30. The business had revenue of $726.00 million during the quarter, compared to the consensus estimate of $688.20 million. Masonite International had a return on equity of 27.22% and a net margin of 6.40%. The business’s quarterly revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.89 EPS. On average, sell-side analysts forecast that Masonite International Co. will post 7.99 EPS for the current year.

Insider Buying and Selling at Masonite International

In other Masonite International news, Director Robert J. Byrne sold 2,500 shares of the business’s stock in a transaction dated Friday, March 3rd. The stock was sold at an average price of $90.58, for a total transaction of $226,450.00. Following the completion of the sale, the director now directly owns 946 shares in the company, valued at approximately $85,688.68. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, Director Robert J. Byrne sold 2,500 shares of the business’s stock in a transaction that occurred on Friday, March 3rd. The stock was sold at an average price of $90.58, for a total transaction of $226,450.00. Following the completion of the transaction, the director now directly owns 946 shares in the company, valued at approximately $85,688.68. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Alexander Albert Legall sold 1,700 shares of the business’s stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of $92.01, for a total value of $156,417.00. Following the transaction, the insider now owns 3,257 shares of the company’s stock, valued at $299,676.57. The disclosure for this sale can be found here. Corporate insiders own 1.21% of the company’s stock.

Masonite International Company Profile

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Masonite International Corp. engages in the manufacture of interior and exterior doors for residential and architectural use. It operates through the following geographical segments: North American Residential, Europe, Architectural, and Corporate and Other. The Corporate and other segment includes unallocated corporate costs and the results of immaterial operating segments.