Dimensional Fund Advisors LP raised its holdings in Masonite International Corporation (NYSE:DOOR) by 84.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 213,144 shares of the company’s stock after acquiring an additional 97,669 shares during the period. Dimensional Fund Advisors LP owned 0.71% of Masonite International Corporation worth $16,093,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of DOOR. BlackRock Inc. raised its holdings in Masonite International Corporation by 84,431.7% in the 1st quarter. BlackRock Inc. now owns 2,133,580 shares of the company’s stock valued at $169,086,000 after acquiring an additional 2,131,056 shares during the last quarter. Pembroke Management LTD acquired a new position in Masonite International Corporation in the 2nd quarter valued at $14,850,000. Impala Asset Management LLC acquired a new position in Masonite International Corporation in the 2nd quarter valued at $14,300,000. State Street Corp raised its holdings in Masonite International Corporation by 20.8% in the 1st quarter. State Street Corp now owns 659,241 shares of the company’s stock valued at $52,251,000 after acquiring an additional 113,614 shares during the last quarter. Finally, Rice Hall James & Associates LLC raised its holdings in Masonite International Corporation by 57.7% in the 2nd quarter. Rice Hall James & Associates LLC now owns 234,810 shares of the company’s stock valued at $17,728,000 after acquiring an additional 85,950 shares during the last quarter. Institutional investors own 98.28% of the company’s stock.
Several analysts have recently issued reports on DOOR shares. B. Riley reissued a “buy” rating on shares of Masonite International Corporation in a research note on Wednesday, November 1st. BidaskClub cut shares of Masonite International Corporation from a “sell” rating to a “strong sell” rating in a research note on Wednesday, November 1st. Royal Bank Of Canada reissued a “buy” rating and set a $67.00 price objective on shares of Masonite International Corporation in a research note on Monday, September 25th. Zacks Investment Research raised shares of Masonite International Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st. Finally, Stephens cut shares of Masonite International Corporation from an “overweight” rating to an “equal weight” rating and set a $89.00 price objective for the company. in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. Masonite International Corporation presently has a consensus rating of “Hold” and an average price target of $76.20.
In other Masonite International Corporation news, Director Robert J. Byrne purchased 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The stock was purchased at an average cost of $60.81 per share, with a total value of $91,215.00. Following the transaction, the director now owns 9,633 shares in the company, valued at $585,782.73. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.19% of the stock is currently owned by corporate insiders.
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Shares of Masonite International Corporation (NYSE:DOOR) opened at $70.80 on Friday. The company has a current ratio of 3.12, a quick ratio of 1.53 and a debt-to-equity ratio of 0.93. Masonite International Corporation has a 12-month low of $50.40 and a 12-month high of $85.30. The firm has a market cap of $2,015.75, a price-to-earnings ratio of 21.99 and a beta of 1.29.
Masonite International Corporation (NYSE:DOOR) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.08. Masonite International Corporation had a net margin of 4.75% and a return on equity of 14.38%. The firm had revenue of $517.50 million during the quarter, compared to analysts’ expectations of $509.04 million. During the same period in the prior year, the company earned $0.89 EPS. The firm’s revenue was up 5.7% on a year-over-year basis. analysts anticipate that Masonite International Corporation will post 3.47 earnings per share for the current year.
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.
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