Sumitomo Mitsui Trust Holdings Inc. Acquires Shares of 3,408 Masonite International Co. (NYSE:DOOR)

Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in Masonite International Co. (NYSE:DOOR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,408 shares of the company’s stock, valued at approximately $289,000.

Several other large investors also recently added to or reduced their stakes in the stock. Barclays PLC boosted its position in Masonite International by 1.2% in the 3rd quarter. Barclays PLC now owns 14,327 shares of the company’s stock valued at $1,336,000 after buying an additional 172 shares during the period. Swiss National Bank lifted its position in shares of Masonite International by 0.4% in the 3rd quarter. Swiss National Bank now owns 46,177 shares of the company’s stock worth $4,305,000 after purchasing an additional 200 shares during the period. Inspire Investing LLC lifted its position in shares of Masonite International by 7.8% in the 3rd quarter. Inspire Investing LLC now owns 3,287 shares of the company’s stock worth $306,000 after purchasing an additional 238 shares during the period. NBC Securities Inc. purchased a new stake in shares of Masonite International in the 3rd quarter worth approximately $25,000. Finally, Duality Advisers LP lifted its position in shares of Masonite International by 16.9% in the 3rd quarter. Duality Advisers LP now owns 2,423 shares of the company’s stock worth $226,000 after purchasing an additional 351 shares during the period. 97.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DOOR. StockNews.com began coverage on shares of Masonite International in a research report on Wednesday. They issued a “hold” rating for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $133.00 price target (up previously from $115.00) on shares of Masonite International in a research report on Monday, February 12th. TheStreet cut shares of Masonite International from a “b” rating to a “c+” rating in a research report on Tuesday, February 20th. Stifel Nicolaus reissued a “hold” rating and set a $133.00 target price (up previously from $119.00) on shares of Masonite International in a research report on Wednesday, February 21st. Finally, Wedbush restated a “neutral” rating and issued a $133.00 target price on shares of Masonite International in a research note on Tuesday, February 20th. Seven investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $116.89.

Insider Buying and Selling

In related news, insider Robert Paxton sold 721 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $129.95, for a total value of $93,693.95. Following the completion of the transaction, the insider now owns 20,798 shares in the company, valued at approximately $2,702,700.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Masonite International news, insider Christopher O. Ball sold 396 shares of Masonite International stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $130.06, for a total transaction of $51,503.76. Following the completion of the transaction, the insider now owns 13,263 shares in the company, valued at approximately $1,724,985.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert Paxton sold 721 shares of Masonite International stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $129.95, for a total value of $93,693.95. Following the transaction, the insider now owns 20,798 shares of the company’s stock, valued at approximately $2,702,700.10. The disclosure for this sale can be found here. Insiders sold 1,641 shares of company stock worth $213,329 in the last 90 days. Insiders own 1.21% of the company’s stock.

Masonite International Stock Down 0.1 %

Masonite International stock opened at $131.60 on Friday. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 24.97, a PEG ratio of 6.94 and a beta of 1.64. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.42 and a quick ratio of 1.42. The business has a fifty day moving average price of $130.83 and a 200-day moving average price of $103.97. Masonite International Co. has a 1-year low of $76.87 and a 1-year high of $131.94.

Masonite International (NYSE:DOOR) last issued its earnings results on Tuesday, February 20th. The company reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.36 by ($0.05). The firm had revenue of $660.58 million during the quarter, compared to analysts’ expectations of $659.87 million. Masonite International had a return on equity of 20.17% and a net margin of 4.18%. During the same quarter last year, the business earned $1.72 EPS. Equities research analysts forecast that Masonite International Co. will post 9.48 EPS for the current fiscal year.

Masonite International Company Profile

Masonite International Corporation designs, manufactures, markets, and distributes interior and exterior doors and door solutions for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. It offers interior doors of wood and related materials, including wood composite molded and flat door facings; exterior doors of steel, fiberglass, or composite materials; and molded panel, flush, stile and rail, steel, and fiberglass residential doors; and architectural doors, as well as Z-articulating cap sill, ADAptive, and ultimate astragals,trilennium, simple solution corner pads, and panolock products.