Masonite International Corporation (DOOR) Shares Sold by Falcon Point Capital LLC

Falcon Point Capital LLC cut its position in Masonite International Corporation (NYSE:DOOR) by 3.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 137,834 shares of the company’s stock after selling 4,788 shares during the period. Falcon Point Capital LLC owned approximately 0.46% of Masonite International Corporation worth $10,406,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Stifel Financial Corp raised its position in shares of Masonite International Corporation by 3.4% in the first quarter. Stifel Financial Corp now owns 3,786 shares of the company’s stock valued at $300,000 after buying an additional 125 shares during the last quarter. SG Americas Securities LLC raised its position in shares of Masonite International Corporation by 12.6% in the first quarter. SG Americas Securities LLC now owns 2,361 shares of the company’s stock valued at $187,000 after buying an additional 264 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Masonite International Corporation by 0.9% in the first quarter. Ameriprise Financial Inc. now owns 72,891 shares of the company’s stock valued at $5,777,000 after buying an additional 623 shares during the last quarter. CNA Financial Corp raised its position in shares of Masonite International Corporation by 3.0% in the first quarter. CNA Financial Corp now owns 25,062 shares of the company’s stock valued at $1,986,000 after buying an additional 726 shares during the last quarter. Finally, US Bancorp DE raised its position in shares of Masonite International Corporation by 7.3% in the second quarter. US Bancorp DE now owns 11,530 shares of the company’s stock valued at $870,000 after buying an additional 782 shares during the last quarter. 98.25% of the stock is owned by institutional investors and hedge funds.

Masonite International Corporation (NYSE:DOOR) opened at 59.50 on Friday. The firm’s 50-day moving average price is $74.83 and its 200 day moving average price is $75.65. Masonite International Corporation has a one year low of $50.40 and a one year high of $85.30. The firm has a market cap of $1.76 billion, a P/E ratio of 18.69 and a beta of 1.26.

Masonite International Corporation (NYSE:DOOR) last posted its earnings results on Wednesday, August 9th. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.11 by $0.22. The business had revenue of $519.70 million for the quarter, compared to analyst estimates of $547.79 million. Masonite International Corporation had a return on equity of 14.13% and a net margin of 4.95%. The firm’s revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.02 earnings per share. On average, equities research analysts forecast that Masonite International Corporation will post $3.98 EPS for the current year.

COPYRIGHT VIOLATION WARNING: “Masonite International Corporation (DOOR) Shares Sold by Falcon Point Capital LLC” was posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this piece can be viewed at https://stocknewstimes.com/2017/08/12/masonite-international-corporation-door-shares-sold-by-falcon-point-capital-llc.html.

Several equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Masonite International Corporation from a “buy” rating to a “hold” rating in a research report on Friday. Robert W. Baird cut their price objective on shares of Masonite International Corporation from $90.00 to $70.00 and set an “outperform” rating on the stock in a research report on Friday. Royal Bank Of Canada cut their price objective on shares of Masonite International Corporation from $92.00 to $67.00 and set an “outperform” rating on the stock in a research report on Friday. Stifel Nicolaus lowered shares of Masonite International Corporation from a “buy” rating to a “hold” rating and cut their price objective for the company from $85.00 to $72.00 in a research report on Friday. Finally, Instinet reaffirmed a “buy” rating and set a $77.00 price objective (down previously from $86.00) on shares of Masonite International Corporation in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $78.82.

In other Masonite International Corporation news, insider Robert Edgar Lewis sold 3,500 shares of the company’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $74.08, for a total value of $259,280.00. Following the transaction, the insider now directly owns 22,618 shares of the company’s stock, valued at approximately $1,675,541.44. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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)

Receive News & Ratings for Masonite International Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Masonite International Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply