Advisor OS LLC Buys Shares of 5,052 Masco Co. (NYSE:MAS)

Advisor OS LLC bought a new stake in shares of Masco Co. (NYSE:MAS) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 5,052 shares of the construction company’s stock, valued at approximately $367,000.

A number of other large investors have also made changes to their positions in the company. Golden State Wealth Management LLC acquired a new position in Masco in the 4th quarter worth $27,000. ORG Wealth Partners LLC acquired a new position in shares of Masco during the 4th quarter worth about $27,000. Kestra Investment Management LLC acquired a new position in shares of Masco during the 4th quarter worth about $30,000. Capital Performance Advisors LLP bought a new stake in shares of Masco in the 3rd quarter valued at about $38,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Masco in the 3rd quarter valued at about $43,000. Institutional investors own 93.91% of the company’s stock.

Insider Buying and Selling

In other Masco news, CEO Keith J. Allman sold 21,723 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $76.36, for a total value of $1,658,768.28. Following the sale, the chief executive officer now owns 60,267 shares in the company, valued at $4,601,988.12. This trade represents a 26.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.10% of the stock is currently owned by company insiders.

Masco Stock Performance

NYSE MAS opened at $74.70 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.15 and a debt-to-equity ratio of 20.74. The firm has a market capitalization of $15.83 billion, a price-to-earnings ratio of 19.87, a P/E/G ratio of 1.94 and a beta of 1.25. The firm’s 50 day simple moving average is $76.13 and its 200 day simple moving average is $78.79. Masco Co. has a 1 year low of $63.81 and a 1 year high of $86.70.

Masco (NYSE:MAS) last posted its quarterly earnings results on Tuesday, February 11th. The construction company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.01. Masco had a net margin of 10.50% and a return on equity of 838.32%. During the same quarter last year, the business posted $0.83 EPS. As a group, research analysts expect that Masco Co. will post 4.34 earnings per share for the current fiscal year.

Masco Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 21st will be given a dividend of $0.31 per share. This is a positive change from Masco’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Friday, February 21st. This represents a $1.24 annualized dividend and a dividend yield of 1.66%. Masco’s dividend payout ratio (DPR) is currently 32.98%.

Wall Street Analyst Weigh In

MAS has been the topic of several research analyst reports. Barclays increased their price target on shares of Masco from $84.00 to $87.00 and gave the company an “overweight” rating in a report on Wednesday, February 12th. Wells Fargo & Company lowered their price target on shares of Masco from $85.00 to $82.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. The Goldman Sachs Group increased their price target on shares of Masco from $85.00 to $96.00 and gave the company a “buy” rating in a report on Thursday, February 13th. UBS Group lowered their price target on shares of Masco from $94.00 to $91.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. Finally, StockNews.com cut shares of Masco from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Nine analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $86.32.

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.