Cambiar Investors LLC Sells 21,814 Shares of Masco Co. (NYSE:MAS)

Cambiar Investors LLC reduced its stake in Masco Co. (NYSE:MAS) by 12.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 148,066 shares of the construction company’s stock after selling 21,814 shares during the period. Cambiar Investors LLC owned approximately 0.07% of Masco worth $10,745,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of MAS. ORG Wealth Partners LLC bought a new stake in shares of Masco in the 4th quarter valued at approximately $27,000. Golden State Wealth Management LLC acquired a new position in shares of Masco in the 4th quarter worth approximately $27,000. Capital Performance Advisors LLP acquired a new position in shares of Masco in the 3rd quarter worth approximately $38,000. Ashton Thomas Securities LLC acquired a new position in shares of Masco in the 3rd quarter worth approximately $43,000. Finally, Venturi Wealth Management LLC boosted its holdings in shares of Masco by 59.4% in the 3rd quarter. Venturi Wealth Management LLC now owns 596 shares of the construction company’s stock worth $50,000 after acquiring an additional 222 shares in the last quarter. 93.91% of the stock is currently owned by institutional investors.

Masco Price Performance

MAS opened at $77.50 on Tuesday. The company has a quick ratio of 1.21, a current ratio of 1.83 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. The company has a fifty day simple moving average of $76.64 and a 200 day simple moving average of $78.71. The stock has a market cap of $16.72 billion, a P/E ratio of 20.61, a P/E/G ratio of 2.09 and a beta of 1.25.

Analyst Ratings Changes

Several brokerages have recently commented on MAS. Jefferies Financial Group downgraded Masco from a “buy” rating to a “hold” rating and reduced their target price 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 report on Friday, November 15th. Citigroup reduced their price objective on Masco from $82.00 to $77.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. Robert W. Baird cut their price target on Masco from $95.00 to $94.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 30th. Finally, BMO Capital Markets increased their price target on Masco from $78.00 to $85.00 and gave the company a “market perform” rating in a research note on Tuesday, October 22nd. 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 company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $86.04.

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.