Masco Co. (NYSE:MAS) Shares Bought by Boston Trust Walden Corp

Boston Trust Walden Corp boosted its position in Masco Co. (NYSE:MAS) by 3.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 489,736 shares of the construction company’s stock after acquiring an additional 18,398 shares during the period. Boston Trust Walden Corp owned about 0.23% of Masco worth $35,540,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of MAS. Assenagon Asset Management S.A. raised its holdings in Masco by 956.3% in the third quarter. Assenagon Asset Management S.A. now owns 989,640 shares of the construction company’s stock valued at $83,070,000 after buying an additional 895,950 shares during the period. Nordea Investment Management AB lifted its holdings in shares of Masco by 21.0% during the 4th quarter. Nordea Investment Management AB now owns 2,997,839 shares of the construction company’s stock valued at $218,063,000 after acquiring an additional 520,555 shares in the last quarter. KBC Group NV boosted its position in Masco by 91.6% during the 4th quarter. KBC Group NV now owns 708,830 shares of the construction company’s stock worth $51,440,000 after purchasing an additional 338,925 shares during the period. Barclays PLC increased its holdings in Masco by 49.2% in the 3rd quarter. Barclays PLC now owns 883,859 shares of the construction company’s stock valued at $74,192,000 after purchasing an additional 291,658 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec raised its position in Masco by 4,028.2% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 200,795 shares of the construction company’s stock valued at $16,855,000 after purchasing an additional 195,931 shares during the period. Institutional investors and hedge funds own 93.91% of the company’s stock.

Masco Stock Performance

Masco stock opened at $77.66 on Tuesday. Masco Co. has a 12-month low of $63.81 and a 12-month high of $86.70. The stock has a 50-day simple moving average of $76.95 and a 200 day simple moving average of $78.54. The company has a quick ratio of 1.21, a current ratio of 1.83 and a debt-to-equity ratio of 20.74. The stock has a market capitalization of $16.76 billion, a price-to-earnings ratio of 20.65, a P/E/G ratio of 2.13 and a beta of 1.25.

Analyst Upgrades and Downgrades

MAS has been the topic of a number of analyst reports. Robert W. Baird dropped their price objective on shares of Masco from $95.00 to $94.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 30th. Zelman & Associates raised shares of Masco to a “strong-buy” rating in a research note on Friday, January 17th. BMO Capital Markets upped their price objective on shares of Masco from $78.00 to $85.00 and gave the company a “market perform” rating in a research report on Tuesday, October 22nd. Truist Financial lifted their target price on Masco from $84.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, Citigroup reduced their price target on Masco from $82.00 to $77.00 and set a “neutral” rating for the company in a report on Monday, January 6th. Nine equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $86.27.

Masco 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.