Masonite International Co. (NYSE:DOOR) Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System decreased its position in Masonite International Co. (NYSE:DOOR) by 1.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,871 shares of the company’s stock after selling 421 shares during the quarter. California State Teachers Retirement System owned about 0.12% of Masonite International worth $2,439,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of DOOR. Franklin Resources Inc. lifted its holdings in Masonite International by 69.7% in the 4th quarter. Franklin Resources Inc. now owns 900,663 shares of the company’s stock valued at $72,602,000 after acquiring an additional 369,810 shares during the last quarter. Norges Bank acquired a new stake in Masonite International during the fourth quarter valued at approximately $18,809,000. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of Masonite International by 169,320.9% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 218,553 shares of the company’s stock worth $17,618,000 after acquiring an additional 218,424 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its position in shares of Masonite International by 23.1% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 607,079 shares of the company’s stock valued at $53,994,000 after purchasing an additional 113,896 shares during the period. Finally, Chartwell Investment Partners LLC acquired a new stake in Masonite International during the 4th quarter worth about $5,323,000.

Masonite International Price Performance

DOOR opened at $99.22 on Friday. The company has a current ratio of 2.86, a quick ratio of 1.93 and a debt-to-equity ratio of 1.29. Masonite International Co. has a 1 year low of $65.71 and a 1 year high of $109.58. The stock has a fifty day moving average price of $102.48 and a 200 day moving average price of $94.75. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 12.74, a PEG ratio of 1.01 and a beta of 1.63.

Masonite International (NYSE:DOOR) last announced its quarterly earnings results on Tuesday, August 8th. The company reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.21. Masonite International had a return on equity of 24.81% and a net margin of 6.09%. The business had revenue of $742.00 million during the quarter, compared to analyst estimates of $729.18 million. During the same period in the previous year, the company earned $2.58 EPS. The firm’s revenue was down 2.6% on a year-over-year basis. Analysts forecast that Masonite International Co. will post 7.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on DOOR shares. Royal Bank of Canada raised their target price on shares of Masonite International from $105.00 to $106.00 and gave the stock a “sector perform” rating in a report on Friday, August 11th. Benchmark lifted their price objective on shares of Masonite International from $113.00 to $133.00 and gave the stock a “buy” rating in a research report on Thursday, August 10th. Stifel Nicolaus increased their target price on Masonite International from $102.00 to $115.00 in a report on Wednesday, May 10th. Stephens lifted their price target on Masonite International from $110.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, August 10th. Finally, Robert W. Baird upped their price target on Masonite International from $110.00 to $115.00 in a research report on Wednesday, May 10th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Masonite International has a consensus rating of “Moderate Buy” and a consensus target price of $118.00.

Insider Buying and Selling at Masonite International

In other news, CAO Catherine Anne Shellabarger sold 803 shares of the stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $93.50, for a total transaction of $75,080.50. Following the transaction, the chief accounting officer now owns 3,769 shares in the company, valued at approximately $352,401.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.21% of the company’s stock.

Masonite International Profile

Masonite International Corporation designs, manufactures, markets, and distributes interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. It offers molded panel, flush, stile and rail, steel, and fiberglass residential doors, as well as medium-density fiberboard (MDF) and architectural interior doors.