Caprock Group LLC Sells 1,500 Shares of Masco Co. (NYSE:MAS)

Caprock Group LLC lessened its stake in Masco Co. (NYSE:MAS) by 7.0% in the fourth quarter, HoldingsChannel reports. The fund owned 20,021 shares of the construction company’s stock after selling 1,500 shares during the period. Caprock Group LLC’s holdings in Masco were worth $1,453,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MAS. B. Riley Wealth Advisors Inc. boosted its stake in shares of Masco by 3.8% during the second quarter. B. Riley Wealth Advisors Inc. now owns 6,870 shares of the construction company’s stock valued at $458,000 after purchasing an additional 251 shares during the period. Truist Financial Corp raised its holdings in Masco by 6.5% during the 2nd quarter. Truist Financial Corp now owns 61,263 shares of the construction company’s stock valued at $4,084,000 after buying an additional 3,724 shares during the last quarter. Cetera Investment Advisers boosted its position in Masco by 9.3% during the 2nd quarter. Cetera Investment Advisers now owns 31,846 shares of the construction company’s stock valued at $2,123,000 after buying an additional 2,698 shares during the period. Sanctuary Advisors LLC bought a new stake in Masco in the 2nd quarter worth $3,377,000. Finally, Czech National Bank increased its position in shares of Masco by 5.9% in the third quarter. Czech National Bank now owns 44,459 shares of the construction company’s stock valued at $3,732,000 after acquiring an additional 2,490 shares during the period. 93.91% of the stock is currently owned by hedge funds and other institutional investors.

Masco Price Performance

MAS stock opened at $79.28 on Monday. The company has a debt-to-equity ratio of 20.74, a quick ratio of 1.21 and a current ratio of 1.83. The firm has a market capitalization of $17.10 billion, a price-to-earnings ratio of 21.09, a PEG ratio of 2.39 and a beta of 1.25. The firm has a 50 day moving average price of $77.04 and a 200-day moving average price of $78.51. Masco Co. has a 52-week low of $63.81 and a 52-week high of $86.70.

Analysts Set New Price Targets

Several analysts recently issued reports on MAS shares. StockNews.com cut Masco from a “buy” rating to a “hold” rating in a research note on Friday, November 15th. UBS Group boosted their target price on Masco from $89.00 to $94.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Royal Bank of Canada lowered Masco from an “outperform” rating to a “sector perform” rating and raised their price target for the stock from $79.00 to $80.00 in a research note on Wednesday, October 30th. Truist Financial boosted their price objective on shares of Masco from $84.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Finally, Barclays dropped their target price on shares of Masco from $93.00 to $84.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Nine investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $86.27.

About Masco

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.