Read article : 0.76 is Masco Corp’s (NYSE:MAS) Institutional Investor Sentiment
August 24, 2017 - By Stephen Andrade
Sentiment for Masco Corp (NYSE:MAS)
Masco Corp (NYSE:MAS) institutional sentiment decreased to 0.76 in Q4 2016. Its down -0.05, from 0.81 in 2016Q3. The ratio has dropped, as 215 investment professionals started new and increased equity positions, while 283 sold and decreased their holdings in Masco Corp. The investment professionals in our partner’s database reported: 281.50 million shares, down from 285.76 million shares in 2016Q3. Also, the number of investment professionals holding Masco Corp in their top 10 equity positions decreased from 6 to 5 for a decrease of 1. Sold All: 67 Reduced: 216 Increased: 158 New Position: 57.
Masco Corporation designs, manufactures, markets and distributes branded home improvement and building products. The company has market cap of $11.62 billion. The Firm operates through four business divisions: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows and Other Specialty Products. It has a 22.44 P/E ratio. The Company’s portfolio of brands includes BEHR paint; DELTA and HANSGROHE faucets, bath and shower fixtures; KRAFTMAID and MERILLAT cabinets; MILGARD windows and doors, and HOT SPRING spas.
About 1.70M shares traded. Masco Corp (NYSE:MAS) has risen 18.02% since August 24, 2016 and is uptrending. It has outperformed by 1.32% the S&P500.
Marketfield Asset Management Llc holds 3.7% of its portfolio in Masco Corp for 151,369 shares. Shearlink Capital Llc owns 339,000 shares or 3.6% of their US portfolio. Moreover, Magee Thomson Investment Partners Llc has 3.36% invested in the company for 306,000 shares. The Wisconsin-based Sadoff Investment Management Llc has invested 2.87% in the stock. Argent Capital Management Llc, a Missouri-based fund reported 2.11 million shares.#img1#
Since January 1, 0001, it had 0 insider buys, and 8 selling transactions for $6.25 million activity.
Masco Corp (NYSE:MAS) Ratings Coverage
Ratings analysis reveals 83% of Masco’s analysts are positive. Out of 18 Wall Street analysts rating Masco, 15 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $26 while the high is $4500. The stock’s average target of $36.63 is 0.38% above today’s ($36.49) share price. MAS was included in 33 notes of analysts from July 28, 2015. The company was maintained on Wednesday, October 26 by RBC Capital Markets. The stock of Masco Corp (NYSE:MAS) earned “Buy” rating by Evercore on Monday, January 25. The rating was maintained by Jefferies with “Buy” on Wednesday, July 27. The company was initiated on Friday, January 6 by Barclays Capital. The company was initiated on Thursday, September 29 by Wells Fargo. The stock has “Equal-Weight” rating by Barclays Capital on Tuesday, October 13. RBC Capital Markets maintained Masco Corp (NYSE:MAS) rating on Friday, July 28. RBC Capital Markets has “Buy” rating and $4400 target. Jefferies maintained Masco Corp (NYSE:MAS) on Thursday, July 13 with “Buy” rating. The company was reinitiated on Friday, September 23 by Bank of America. The company was upgraded on Wednesday, October 28 by Barclays Capital.
More news for Masco Corp (NYSE:MAS) were recently published by: Stltoday.com, which released: “Masco opens new corporate headquarters in suburban Detroit” on July 31, 2017. Streetinsider.com‘s article titled: “Masco Corp. (MAS) Reports In-Line Q2 EPS, Beats on Revenues; Boosts FY17 EPS …” and published on July 27, 2017 is yet another important article.
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