Masco Co. (NYSE:MAS) Shares Purchased by Tectonic Advisors LLC

Tectonic Advisors LLC increased its stake in shares of Masco Co. (NYSE:MAS) by 3.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 85,872 shares of the construction company’s stock after acquiring an additional 2,827 shares during the period. Tectonic Advisors LLC’s holdings in Masco were worth $6,232,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Farther Finance Advisors LLC lifted its position in Masco by 6.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,031 shares of the construction company’s stock worth $170,000 after acquiring an additional 128 shares in the last quarter. WCM Investment Management LLC lifted its position in Masco by 0.3% during the 3rd quarter. WCM Investment Management LLC now owns 44,940 shares of the construction company’s stock worth $3,756,000 after acquiring an additional 132 shares in the last quarter. Metis Global Partners LLC lifted its position in Masco by 1.9% during the 3rd quarter. Metis Global Partners LLC now owns 7,031 shares of the construction company’s stock worth $590,000 after acquiring an additional 133 shares in the last quarter. Empirical Finance LLC lifted its position in Masco by 1.8% during the 3rd quarter. Empirical Finance LLC now owns 7,917 shares of the construction company’s stock worth $665,000 after acquiring an additional 137 shares in the last quarter. Finally, Hills Bank & Trust Co raised its position in shares of Masco by 0.7% in the 3rd quarter. Hills Bank & Trust Co now owns 20,663 shares of the construction company’s stock valued at $1,734,000 after purchasing an additional 144 shares in the last quarter. 93.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Oppenheimer raised Masco from a “market perform” rating to an “outperform” rating and set a $89.00 target price on the stock in a research report on Friday, January 10th. Evercore ISI upped their target price on Masco from $78.00 to $82.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Jefferies Financial Group lowered Masco from a “buy” rating to a “hold” rating and cut their target price for the company from $96.00 to $89.00 in a research report on Monday, December 16th. UBS Group upped their target price on Masco from $89.00 to $94.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Finally, StockNews.com lowered Masco from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. Nine research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Masco has a consensus rating of “Hold” and a consensus price target of $86.04.

Masco Price Performance

Shares of MAS opened at $77.23 on Wednesday. The company has a market cap of $16.66 billion, a P/E ratio of 20.54, a PEG ratio of 2.13 and a beta of 1.25. The stock has a fifty day moving average price of $76.88 and a 200 day moving average price of $78.57. The company has a debt-to-equity ratio of 20.74, a current ratio of 1.83 and a quick ratio of 1.21. Masco Co. has a 12 month low of $63.81 and a 12 month high of $86.70.

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.