Aaron Wealth Advisors LLC Acquires 439 Shares of Masco Co. (NYSE:MAS)

Aaron Wealth Advisors LLC increased its stake in Masco Co. (NYSE:MAS) by 8.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,708 shares of the construction company’s stock after purchasing an additional 439 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Masco were worth $414,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its position in shares of Masco by 12.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,137,450 shares of the construction company’s stock valued at $75,834,000 after buying an additional 122,705 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in Masco by 14.1% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 21,162 shares of the construction company’s stock valued at $1,411,000 after purchasing an additional 2,621 shares in the last quarter. Blair William & Co. IL boosted its position in shares of Masco by 3.3% in the second quarter. Blair William & Co. IL now owns 9,830 shares of the construction company’s stock worth $655,000 after purchasing an additional 314 shares during the period. Hsbc Holdings PLC increased its stake in shares of Masco by 11.6% in the second quarter. Hsbc Holdings PLC now owns 465,033 shares of the construction company’s stock worth $30,932,000 after purchasing an additional 48,379 shares in the last quarter. Finally, Intech Investment Management LLC raised its position in shares of Masco by 303.8% during the 2nd quarter. Intech Investment Management LLC now owns 86,087 shares of the construction company’s stock valued at $5,739,000 after purchasing an additional 64,766 shares during the period. 93.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Citigroup dropped their target price on shares of Masco from $82.00 to $77.00 and set a “neutral” rating for the company in a report on Monday, January 6th. UBS Group boosted their price target on Masco from $89.00 to $94.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Wells Fargo & Company restated an “equal weight” rating and issued a $85.00 price target (down from $92.00) on shares of Masco in a research note on Tuesday, December 17th. Loop Capital boosted their target price on shares of Masco from $76.00 to $87.00 and gave the stock a “hold” rating in a report on Wednesday, October 30th. Finally, Truist Financial upped their target price on shares of Masco from $84.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Nine analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $86.27.

Masco Stock Up 1.0 %

Shares of NYSE:MAS opened at $78.29 on Monday. The company has a market cap of $16.89 billion, a price-to-earnings ratio of 20.82, a PEG ratio of 2.17 and a beta of 1.25. Masco Co. has a 12 month low of $63.81 and a 12 month high of $86.70. The company has a current ratio of 1.83, a quick ratio of 1.21 and a debt-to-equity ratio of 20.74. The company has a 50-day moving average price of $76.79 and a 200 day moving average price of $77.72.

Masco (NYSE:MAS) last posted its quarterly earnings data on Tuesday, October 29th. The construction company reported $1.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.08. The business had revenue of $1.98 billion during the quarter, compared to analyst estimates of $2 billion. Masco had a return on equity of 615.54% and a net margin of 10.54%. The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same period last year, the company earned $1.00 EPS. As a group, equities research analysts predict that Masco Co. will post 4.09 earnings per share for the current year.

Masco Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Friday, November 8th were paid a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend was Friday, November 8th. Masco’s payout ratio is currently 30.85%.

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.