Peregrine Capital Management LLC Reduces Holdings in Masonite International Co. (NYSE:DOOR)

Peregrine Capital Management LLC trimmed its position in Masonite International Co. (NYSE:DOOR - Free Report) by 14.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 109,186 shares of the company's stock after selling 18,731 shares during the quarter. Peregrine Capital Management LLC owned 0.50% of Masonite International worth $9,244,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. BlackRock Inc. increased 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 worth $159,857,000 after buying an additional 64,806 shares during the period. Dimensional Fund Advisors LP boosted its holdings in 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 acquiring an additional 3,804 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its position in Masonite International by 23.1% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 607,079 shares of the company's stock valued at $53,994,000 after purchasing an additional 113,896 shares during the period. State Street Corp increased its position in Masonite International by 6.2% during the 2nd quarter. State Street Corp now owns 490,239 shares of the company's stock valued at $50,220,000 after purchasing an additional 28,519 shares during the period. Finally, Geode Capital Management LLC increased its position in Masonite International by 3.7% during the 2nd quarter. Geode Capital Management LLC now owns 425,269 shares of the company's stock valued at $43,565,000 after purchasing an additional 15,076 shares during the period. 97.07% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Masonite International

In other Masonite International news, SVP James C. Pelletier sold 262 shares of the company's stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total transaction of $34,075.72. Following the transaction, the senior vice president now owns 12,739 shares in the company, valued at approximately $1,656,834.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, SVP James C. Pelletier sold 262 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total value of $34,075.72. Following the transaction, the senior vice president now owns 12,739 shares in the company, valued at approximately $1,656,834.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert Paxton sold 721 shares of the stock in a transaction that occurred on Thursday, February 22nd. The stock was 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 owns 20,798 shares in the company, valued at approximately $2,702,700.10. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,641 shares of company stock worth $213,329. Company insiders own 1.21% of the company's stock.

Masonite International Stock Down 0.0 %

DOOR stock traded down $0.06 during trading on Wednesday, hitting $130.84. 635,346 shares of the stock traded hands, compared to its average volume of 627,182. Masonite International Co. has a 1 year low of $76.87 and a 1 year high of $131.93. The firm's 50 day moving average is $126.25 and its two-hundred day moving average is $100.98. The stock has a market cap of $2.88 billion, a price-to-earnings ratio of 24.83, a price-to-earnings-growth ratio of 2.37 and a beta of 1.64. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.42 and a quick ratio of 1.42.

Masonite International (NYSE:DOOR - Get Free Report) last posted its 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 the consensus estimate of $659.87 million. Masonite International had a net margin of 4.18% and a return on equity of 20.17%. During the same quarter in the prior year, the company posted $1.72 EPS. On average, sell-side analysts anticipate that Masonite International Co. will post 9.48 EPS for the current year.

Analyst Upgrades and Downgrades

DOOR has been the topic of a number of research analyst reports. TheStreet downgraded shares of Masonite International from a "b" rating to a "c+" rating in a research report on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $133.00 price objective (up from $115.00) on shares of Masonite International in a research report on Monday, February 12th. StockNews.com initiated coverage on shares of Masonite International in a research report on Monday. They set a "hold" rating on the stock. Oppenheimer initiated coverage on shares of Masonite International in a research report on Friday, January 19th. They set an "outperform" rating and a $115.00 price objective on the stock. Finally, Stifel Nicolaus reissued a "hold" rating and set a $133.00 price objective (up from $119.00) on shares of Masonite International in a research report on Wednesday, February 21st. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Masonite International currently has an average rating of "Hold" and a consensus price target of $116.89.

About Masonite International

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.