Quantinno Capital Management LP Purchases 80,841 Shares of Masco Co. (NYSE:MAS)

Quantinno Capital Management LP lifted its position in shares of Masco Co. (NYSE:MAS - Free Report) by 115.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 150,883 shares of the construction company's stock after purchasing an additional 80,841 shares during the quarter. Quantinno Capital Management LP owned about 0.07% of Masco worth $10,950,000 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. Golden State Wealth Management LLC purchased a new position in Masco during the fourth quarter valued at $27,000. Kestra Investment Management LLC purchased a new position in Masco during the fourth quarter valued at $30,000. Lee Danner & Bass Inc. purchased a new position in Masco during the fourth quarter valued at $42,000. GeoWealth Management LLC raised its stake in Masco by 89.0% during the fourth quarter. GeoWealth Management LLC now owns 684 shares of the construction company's stock valued at $50,000 after buying an additional 322 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its stake in Masco by 26.7% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 703 shares of the construction company's stock valued at $51,000 after buying an additional 148 shares during the last quarter. 93.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MAS has been the subject of a number of recent research reports. Royal Bank of Canada lowered their price objective on Masco from $74.00 to $62.00 and set a "sector perform" rating for the company in a research note on Thursday, April 24th. Jefferies Financial Group lowered their price objective on Masco from $64.00 to $62.00 and set a "hold" rating for the company in a research note on Wednesday, April 23rd. The Goldman Sachs Group decreased their price target on Masco from $82.00 to $73.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Evercore ISI decreased their price target on Masco from $82.00 to $71.00 and set an "in-line" rating for the company in a research note on Thursday, April 24th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Masco in a research note on Tuesday, April 1st. They issued a "hold" rating and a $71.00 price target for the company. Ten equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $73.63.

Masco Stock Performance

Masco stock traded up $0.46 during mid-day trading on Friday, reaching $67.68. 1,391,791 shares of the stock traded hands, compared to its average volume of 1,793,033. The stock has a market capitalization of $14.28 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 1.94 and a beta of 1.23. The company has a debt-to-equity ratio of 20.74, a current ratio of 1.75 and a quick ratio of 1.15. Masco Co. has a 12-month low of $56.55 and a 12-month high of $86.70. The business's 50-day moving average is $64.81 and its 200-day moving average is $72.86.

Masco (NYSE:MAS - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The construction company reported $0.87 EPS for the quarter, missing analysts' consensus estimates of $0.92 by ($0.05). Masco had a net margin of 10.50% and a return on equity of 838.32%. The firm had revenue of $1.80 billion for the quarter, compared to analysts' expectations of $1.84 billion. During the same quarter last year, the company posted $0.93 EPS. The firm's revenue was down 6.5% compared to the same quarter last year. As a group, sell-side analysts predict that Masco Co. will post 4.34 EPS for the current fiscal year.

Masco Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 9th. Shareholders of record on Friday, May 23rd will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend is Friday, May 23rd. Masco's dividend payout ratio is presently 33.88%.

Insider Buying and Selling at Masco

In other news, CEO Keith J. Allman sold 21,723 shares of the company's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $76.36, for a total value of $1,658,768.28. Following the completion of the transaction, the chief executive officer now owns 60,267 shares of the company's stock, valued at $4,601,988.12. This represents a 26.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Renee Straber sold 3,139 shares of the company's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $71.78, for a total value of $225,317.42. Following the completion of the transaction, the vice president now directly owns 33,027 shares of the company's stock, valued at approximately $2,370,678.06. This trade represents a 8.68% decrease in their position. The disclosure for this sale can be found here. 0.50% of the stock is currently owned by corporate insiders.

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.