Mount Yale Investment Advisors LLC Trims Holdings in Masco Co. (NYSE:MAS)

Mount Yale Investment Advisors LLC trimmed its position in shares of Masco Co. (NYSE:MAS) by 12.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,669 shares of the construction company’s stock after selling 508 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Masco were worth $266,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MAS. Pacer Advisors Inc. increased its holdings in Masco by 60.4% during the 4th quarter. Pacer Advisors Inc. now owns 25,953 shares of the construction company’s stock worth $1,883,000 after purchasing an additional 9,777 shares during the period. KBC Group NV lifted its position in Masco by 91.6% during the 4th quarter. KBC Group NV now owns 708,830 shares of the construction company’s stock worth $51,440,000 after acquiring an additional 338,925 shares during the period. Blue Trust Inc. grew its position in Masco by 52.9% in the 4th quarter. Blue Trust Inc. now owns 4,033 shares of the construction company’s stock valued at $293,000 after buying an additional 1,396 shares during the last quarter. Montecito Bank & Trust raised its holdings in Masco by 10.7% during the fourth quarter. Montecito Bank & Trust now owns 13,037 shares of the construction company’s stock worth $946,000 after purchasing an additional 1,259 shares in the last quarter. Finally, Secure Asset Management LLC raised its position in Masco by 11.9% in the fourth quarter. Secure Asset Management LLC now owns 6,134 shares of the construction company’s stock worth $445,000 after acquiring an additional 651 shares in the last quarter. Institutional investors and hedge funds own 93.91% of the company’s stock.

Masco Stock Performance

Shares of MAS opened at $79.78 on Thursday. The company has a debt-to-equity ratio of 20.74, a current ratio of 1.83 and a quick ratio of 1.21. Masco Co. has a 12-month low of $63.81 and a 12-month high of $86.70. The business’s fifty day moving average price is $76.98 and its 200 day moving average price is $78.37. The stock has a market capitalization of $17.21 billion, a PE ratio of 21.22, a price-to-earnings-growth ratio of 2.36 and a beta of 1.25.

Masco (NYSE:MAS) last announced its quarterly earnings data on Tuesday, October 29th. The construction company reported $1.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.08. Masco had a net margin of 10.54% and a return on equity of 615.54%. The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $2 billion. During the same quarter in the prior year, the firm earned $1.00 EPS. The company’s revenue for the quarter was up .2% compared to the same quarter last year. Equities research analysts forecast that Masco Co. will post 4.09 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. upped their price target on Masco from $80.00 to $83.50 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. Loop Capital upped their target price on Masco from $76.00 to $87.00 and gave the company a “hold” rating in a research note on Wednesday, October 30th. Jefferies Financial Group downgraded Masco from a “buy” rating to a “hold” rating and cut their price objective for the stock from $96.00 to $89.00 in a report on Monday, December 16th. StockNews.com downgraded Masco from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. Finally, Truist Financial boosted their price target on Masco from $84.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Nine equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $86.27.

Masco Company Profile

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.