State Street Corp Has $52.25 Million Stake in Masonite International Corporation (NYSE:DOOR)

State Street Corp increased its position in Masonite International Corporation (NYSE:DOOR) by 20.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 659,241 shares of the company’s stock after buying an additional 113,614 shares during the period. State Street Corp owned approximately 2.21% of Masonite International Corporation worth $52,251,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Stifel Financial Corp increased its position in Masonite International Corporation by 3.4% in the first quarter. Stifel Financial Corp now owns 3,786 shares of the company’s stock worth $300,000 after buying an additional 125 shares in the last quarter. SG Americas Securities LLC increased its position in Masonite International Corporation by 12.6% in the first quarter. SG Americas Securities LLC now owns 2,361 shares of the company’s stock worth $187,000 after buying an additional 264 shares in the last quarter. Ameriprise Financial Inc. increased its position in Masonite International Corporation by 0.9% in the first quarter. Ameriprise Financial Inc. now owns 72,891 shares of the company’s stock worth $5,777,000 after buying an additional 623 shares in the last quarter. American International Group Inc. increased its position in Masonite International Corporation by 5.8% in the first quarter. American International Group Inc. now owns 18,476 shares of the company’s stock worth $1,464,000 after buying an additional 1,011 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Masonite International Corporation by 68.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,659 shares of the company’s stock worth $174,000 after buying an additional 1,084 shares in the last quarter. Institutional investors and hedge funds own 97.91% of the company’s stock.

Masonite International Corporation (NYSE DOOR) traded down 0.66% during midday trading on Friday, reaching $60.50. 401,941 shares of the company were exchanged. The company has a market capitalization of $1.79 billion, a PE ratio of 19.00 and a beta of 1.26. Masonite International Corporation has a 52 week low of $50.40 and a 52 week high of $85.30. The firm has a 50-day moving average price of $72.84 and a 200-day moving average price of $75.40.

Masonite International Corporation (NYSE:DOOR) last issued its earnings results on Wednesday, August 9th. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by $0.22. Masonite International Corporation had a net margin of 4.95% and a return on equity of 14.01%. The company had revenue of $519.70 million during the quarter, compared to analyst estimates of $547.79 million. During the same quarter in the previous year, the company posted $1.02 EPS. The company’s quarterly revenue was up 1.1% on a year-over-year basis. Equities research analysts anticipate that Masonite International Corporation will post $3.37 earnings per share for the current fiscal year.

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DOOR has been the topic of a number of recent research reports. Royal Bank Of Canada reiterated a “buy” rating and set a $92.00 price objective on shares of Masonite International Corporation in a research note on Monday, June 19th. Instinet dropped their price objective on shares of Masonite International Corporation from $90.00 to $86.00 and set a “buy” rating on the stock in a research note on Tuesday, May 9th. Zacks Investment Research upgraded shares of Masonite International Corporation from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a research note on Monday, July 24th. Nomura set a $77.00 price objective on shares of Masonite International Corporation and gave the company a “buy” rating in a research note on Thursday, August 10th. Finally, Wedbush set a $70.00 price objective on shares of Masonite International Corporation and gave the company a “buy” rating in a research note on Saturday, August 12th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $76.22.

In related news, Director Robert J. Byrne bought 1,500 shares of the stock in a transaction dated Wednesday, August 16th. The stock was acquired at an average price of $60.81 per share, for a total transaction of $91,215.00. Following the acquisition, the director now owns 9,633 shares in the company, valued at approximately $585,782.73. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.19% of the company’s stock.

Masonite International Corporation Company Profile

Masonite International Corporation is designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling, and the non-residential building construction markets. The Company principally operates in North America; Europe, Asia and Latin America, and Africa.

Institutional Ownership by Quarter for Masonite International Corporation (NYSE:DOOR)

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