Caprock Group LLC Decreases Stock Holdings in Masco Co. (NYSE:MAS)

Caprock Group LLC lessened its holdings in Masco Co. (NYSE:MAS) by 7.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,021 shares of the construction company’s stock after selling 1,500 shares during the quarter. Caprock Group LLC’s holdings in Masco were worth $1,453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC increased its holdings in Masco by 6.7% during the third quarter. Farther Finance Advisors LLC now owns 2,031 shares of the construction company’s stock worth $170,000 after buying an additional 128 shares during the last quarter. WCM Investment Management LLC raised its holdings in shares of Masco by 0.3% in the 3rd quarter. WCM Investment Management LLC now owns 44,940 shares of the construction company’s stock worth $3,756,000 after purchasing an additional 132 shares during the period. Metis Global Partners LLC raised its holdings in shares of Masco by 1.9% in the 3rd quarter. Metis Global Partners LLC now owns 7,031 shares of the construction company’s stock worth $590,000 after purchasing an additional 133 shares during the period. Empirical Finance LLC lifted its stake in Masco by 1.8% in the third quarter. Empirical Finance LLC now owns 7,917 shares of the construction company’s stock valued at $665,000 after purchasing an additional 137 shares during the last quarter. Finally, Hills Bank & Trust Co grew its holdings in Masco by 0.7% during the third quarter. Hills Bank & Trust Co now owns 20,663 shares of the construction company’s stock valued at $1,734,000 after purchasing an additional 144 shares during the period. 93.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on MAS shares. JPMorgan Chase & Co. upped their price target on Masco from $80.00 to $83.50 and gave the company a “neutral” rating in a research report on Tuesday, November 5th. Truist Financial increased their target price on shares of Masco from $84.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. BMO Capital Markets boosted their price target on shares of Masco from $78.00 to $85.00 and gave the company a “market perform” rating in a research report on Tuesday, October 22nd. Robert W. Baird cut their price objective on shares of Masco from $95.00 to $94.00 and set an “outperform” rating for the company in a report on Wednesday, October 30th. Finally, Zelman & Associates upgraded shares of Masco to a “strong-buy” rating in a research note on Friday, January 17th. Nine research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $86.27.

Masco Stock Down 2.2 %

Shares of NYSE MAS opened at $79.28 on Monday. The business has a 50-day moving average of $77.04 and a 200-day moving average of $78.51. The firm has a market capitalization of $17.10 billion, a price-to-earnings ratio of 21.09, a PEG ratio of 2.39 and a beta of 1.25. The company has a current ratio of 1.83, a quick ratio of 1.21 and a debt-to-equity ratio of 20.74. Masco Co. has a 12 month low of $63.81 and a 12 month high of $86.70.

About Masco

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.