Foster & Motley Inc. Sells 665 Shares of Masco Co. (NYSE:MAS)

Foster & Motley Inc. cut its stake in Masco Co. (NYSE:MAS) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,446 shares of the construction company’s stock after selling 665 shares during the quarter. Foster & Motley Inc.’s holdings in Masco were worth $976,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of MAS. ORG Wealth Partners LLC bought a new position in shares of Masco in the fourth quarter valued at about $27,000. Capital Performance Advisors LLP bought a new position in Masco during the third quarter worth about $38,000. Ashton Thomas Securities LLC bought a new position in Masco during the third quarter worth about $43,000. Venturi Wealth Management LLC increased its position in Masco by 59.4% during the third quarter. Venturi Wealth Management LLC now owns 596 shares of the construction company’s stock worth $50,000 after acquiring an additional 222 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its position in Masco by 26.7% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 703 shares of the construction company’s stock worth $51,000 after acquiring an additional 148 shares during the period. 93.91% of the stock is owned by institutional investors.

Masco Trading Up 1.8 %

MAS opened at $81.12 on Friday. The company’s 50 day moving average is $77.04 and its 200-day moving average is $78.38. Masco Co. has a 1-year low of $63.81 and a 1-year high of $86.70. The company has a current ratio of 1.83, a quick ratio of 1.21 and a debt-to-equity ratio of 20.74. The company has a market cap of $17.50 billion, a P/E ratio of 21.57, a PEG ratio of 2.36 and a beta of 1.25.

Masco (NYSE:MAS) last posted its quarterly earnings results on Tuesday, October 29th. The construction company reported $1.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.08. Masco had a net margin of 10.54% and a return on equity of 615.54%. The company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $2 billion. During the same period last year, the company posted $1.00 EPS. The firm’s quarterly revenue was up .2% compared to the same quarter last year. Equities research analysts predict that Masco Co. will post 4.09 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on MAS shares. Zelman & Associates raised shares of Masco to a “strong-buy” rating in a research report on Friday, January 17th. Loop Capital raised their price target on shares of Masco from $76.00 to $87.00 and gave the stock a “hold” rating in a research report on Wednesday, October 30th. Wells Fargo & Company reissued an “equal weight” rating and issued a $85.00 target price (down from $92.00) on shares of Masco in a report on Tuesday, December 17th. Evercore ISI raised their target price on shares of Masco from $78.00 to $82.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Finally, StockNews.com lowered shares of Masco from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Nine research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Masco has a consensus rating of “Hold” and an average price target of $86.27.

Masco Company Profile

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.