Yousif Capital Management LLC Has $1.77 Million Stock Holdings in Masco Corporation $MAS

Yousif Capital Management LLC trimmed its position in Masco Corporation (NYSE:MAS) by 1.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 27,463 shares of the construction company’s stock after selling 387 shares during the period. Yousif Capital Management LLC’s holdings in Masco were worth $1,768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MAS. GAMMA Investing LLC grew its holdings in Masco by 69.6% in the 1st quarter. GAMMA Investing LLC now owns 13,110 shares of the construction company’s stock valued at $912,000 after buying an additional 5,378 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in Masco by 8.2% in the 1st quarter. Exchange Traded Concepts LLC now owns 2,707 shares of the construction company’s stock valued at $188,000 after buying an additional 204 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in Masco by 1.0% in the 1st quarter. State of Alaska Department of Revenue now owns 24,832 shares of the construction company’s stock valued at $1,726,000 after buying an additional 235 shares in the last quarter. Praxis Investment Management Inc. grew its holdings in Masco by 148.2% in the 1st quarter. Praxis Investment Management Inc. now owns 7,050 shares of the construction company’s stock valued at $490,000 after buying an additional 4,210 shares in the last quarter. Finally, Asset Management One Co. Ltd. grew its holdings in Masco by 11.0% in the 1st quarter. Asset Management One Co. Ltd. now owns 86,131 shares of the construction company’s stock valued at $5,990,000 after buying an additional 8,508 shares in the last quarter. 93.91% of the stock is owned by institutional investors and hedge funds.

Masco Price Performance

Shares of MAS stock opened at $67.87 on Monday. The company has a quick ratio of 1.14, a current ratio of 1.82 and a debt-to-equity ratio of 19.63. Masco Corporation has a twelve month low of $56.55 and a twelve month high of $86.20. The company has a market cap of $14.21 billion, a P/E ratio of 18.00, a P/E/G ratio of 2.67 and a beta of 1.18. The business has a fifty day simple moving average of $71.76 and a 200 day simple moving average of $66.71.

Masco (NYSE:MAS) last announced its quarterly earnings data on Thursday, July 31st. The construction company reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.22. Masco had a return on equity of 1,519.31% and a net margin of 10.51%.The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2 billion. During the same period in the prior year, the company earned $1.20 EPS. Masco’s revenue for the quarter was down 1.9% on a year-over-year basis. Masco has set its FY 2025 guidance at 3.900-4.100 EPS. On average, sell-side analysts forecast that Masco Corporation will post 4.34 EPS for the current fiscal year.

Masco Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Friday, August 8th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, August 8th. Masco’s dividend payout ratio is currently 32.89%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Wells Fargo & Company upped their target price on Masco from $73.00 to $80.00 and gave the company an “equal weight” rating in a research report on Thursday, September 11th. Zacks Research upgraded Masco from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 19th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Masco in a research report on Wednesday, October 8th. Baird R W downgraded Masco from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 22nd. Finally, Royal Bank Of Canada upped their target price on Masco from $62.00 to $71.00 and gave the company a “sector perform” rating in a research report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $74.60.

Insider Buying and Selling at Masco

In related news, CAO Heath M. Eisman sold 2,431 shares of the company’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $74.62, for a total transaction of $181,401.22. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares in the company, valued at $898,126.32. This represents a 16.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jai Shah sold 82,910 shares of the company’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $76.04, for a total value of $6,304,476.40. Following the sale, the insider owned 39,638 shares of the company’s stock, valued at approximately $3,014,073.52. This represents a 67.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.50% of the stock is owned by corporate insiders.

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.