Arizona State Retirement System Sells 137 Shares of Masonite International Co. (NYSE:DOOR)

Arizona State Retirement System lessened its position in shares of Masonite International Co. (NYSE:DOOR) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,844 shares of the company’s stock after selling 137 shares during the period. Arizona State Retirement System’s holdings in Masonite International were worth $495,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in DOOR. BlackRock Inc. boosted its stake in shares of Masonite International by 4.3% in the second quarter. BlackRock Inc. now owns 1,560,490 shares of the company’s stock valued at $159,857,000 after buying an additional 64,806 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Masonite International by 0.5% in the first quarter. Dimensional Fund Advisors LP now owns 743,613 shares of the company’s stock valued at $67,495,000 after buying an additional 3,804 shares during the period. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Masonite International by 23.1% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 607,079 shares of the company’s stock valued at $53,994,000 after buying an additional 113,896 shares during the period. State Street Corp boosted its stake in shares of Masonite International by 6.2% in the second quarter. State Street Corp now owns 490,239 shares of the company’s stock valued at $50,220,000 after buying an additional 28,519 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Masonite International by 3.7% in the second quarter. Geode Capital Management LLC now owns 425,269 shares of the company’s stock valued at $43,565,000 after buying an additional 15,076 shares during the period. Institutional investors own 97.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. TheStreet cut Masonite International from a “b” rating to a “c+” rating in a research note on Tuesday, February 20th. Stifel Nicolaus restated a “hold” rating and set a $133.00 target price (up from $119.00) on shares of Masonite International in a research note on Wednesday, February 21st. Oppenheimer began coverage on Masonite International in a research note on Friday, January 19th. They set an “outperform” rating and a $115.00 target price for the company. Wedbush restated a “neutral” rating and set a $133.00 target price on shares of Masonite International in a research note on Tuesday, February 20th. Finally, Royal Bank of Canada upped their target price on Masonite International from $87.00 to $133.00 and gave the stock a “sector perform” rating in a research note on Wednesday, February 21st. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $116.89.

Insider Transactions at Masonite International

In other news, insider Robert Paxton sold 721 shares of the company’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $129.95, for a total transaction of $93,693.95. Following the completion of the transaction, the insider now directly owns 20,798 shares in the company, valued at $2,702,700.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Christopher O. Ball sold 396 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $130.06, for a total value of $51,503.76. Following the completion of the sale, the insider now directly owns 13,263 shares in the company, valued at $1,724,985.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Paxton sold 721 shares of the stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $129.95, for a total value of $93,693.95. Following the completion of the sale, the insider now owns 20,798 shares of the company’s stock, valued at $2,702,700.10. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,641 shares of company stock worth $213,329. Corporate insiders own 1.21% of the company’s stock.

Masonite International Stock Up 0.0 %

Shares of NYSE:DOOR opened at $131.42 on Friday. The company has a fifty day moving average of $130.70 and a 200-day moving average of $102.78. The company has a market capitalization of $2.89 billion, a PE ratio of 24.94, a price-to-earnings-growth ratio of 6.93 and a beta of 1.64. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.42 and a current ratio of 2.42. Masonite International Co. has a 52-week low of $76.87 and a 52-week high of $131.93.

Masonite International (NYSE:DOOR) last announced its quarterly earnings results on Tuesday, February 20th. The company reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.36 by ($0.05). The company had revenue of $660.58 million for the quarter, compared to analyst estimates of $659.87 million. Masonite International had a return on equity of 20.17% and a net margin of 4.18%. During the same quarter last year, the company posted $1.72 earnings per share. On average, equities analysts predict that Masonite International Co. will post 9.48 EPS for the current fiscal year.

Masonite International Profile

Masonite International Corporation designs, manufactures, markets, and distributes interior and exterior doors and door solutions for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. It offers interior doors of wood and related materials, including wood composite molded and flat door facings; exterior doors of steel, fiberglass, or composite materials; and molded panel, flush, stile and rail, steel, and fiberglass residential doors; and architectural doors, as well as Z-articulating cap sill, ADAptive, and ultimate astragals,trilennium, simple solution corner pads, and panolock products.