Integrated Investment Consultants LLC Has $682,000 Holdings in Masco Co. (NYSE:MAS)

Integrated Investment Consultants LLC increased its position in shares of Masco Co. (NYSE:MAS) by 219.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,121 shares of the construction company’s stock after acquiring an additional 5,576 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Masco were worth $682,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MAS. Massachusetts Financial Services Co. MA grew its position in Masco by 1.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 9,830,723 shares of the construction company’s stock worth $655,414,000 after acquiring an additional 181,515 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Masco by 0.9% in the 3rd quarter. Van ECK Associates Corp now owns 2,950,880 shares of the construction company’s stock worth $241,825,000 after purchasing an additional 26,259 shares during the last quarter. Impax Asset Management Group plc grew its holdings in shares of Masco by 10.0% in the 2nd quarter. Impax Asset Management Group plc now owns 2,855,056 shares of the construction company’s stock worth $190,347,000 after purchasing an additional 259,205 shares during the last quarter. Earnest Partners LLC grew its holdings in Masco by 16.6% during the 1st quarter. Earnest Partners LLC now owns 2,245,644 shares of the construction company’s stock worth $177,136,000 after acquiring an additional 319,029 shares during the last quarter. Finally, Acadian Asset Management LLC grew its holdings in Masco by 66.5% during the 2nd quarter. Acadian Asset Management LLC now owns 1,823,934 shares of the construction company’s stock worth $121,581,000 after acquiring an additional 728,690 shares during the last quarter. 93.91% of the stock is owned by hedge funds and other institutional investors.

Masco Stock Up 1.8 %

Shares of MAS stock opened at $78.41 on Friday. Masco Co. has a 1-year low of $58.89 and a 1-year high of $86.70. The stock’s fifty day moving average price is $81.78 and its 200 day moving average price is $75.37. The company has a debt-to-equity ratio of 20.74, a current ratio of 1.83 and a quick ratio of 1.21. The company has a market cap of $16.92 billion, a price-to-earnings ratio of 20.85, a price-to-earnings-growth ratio of 2.47 and a beta of 1.24.

Masco (NYSE:MAS) last issued 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 analysts’ expectations 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 quarter in the previous year, the firm posted $1.00 EPS. On average, research analysts expect that Masco Co. will post 4.09 earnings per share for the current fiscal year.

Masco Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 25th. Investors of record on Friday, November 8th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.48%. The ex-dividend date is Friday, November 8th. Masco’s dividend payout ratio (DPR) is presently 30.85%.

Insider Activity at Masco

In related news, VP Kenneth G. Cole sold 37,814 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $78.32, for a total value of $2,961,592.48. Following the completion of the sale, the vice president now owns 36,980 shares in the company, valued at $2,896,273.60. This trade represents a 50.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

MAS has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their target price on shares of Masco from $80.00 to $83.50 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. Royal Bank of Canada cut shares of Masco from an “outperform” rating to a “sector perform” rating and lifted their price objective for the stock from $79.00 to $80.00 in a research report on Wednesday, October 30th. Barclays lifted their price objective on shares of Masco from $92.00 to $93.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Evercore ISI lifted their target price on Masco from $78.00 to $82.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Finally, Jefferies Financial Group boosted their price target on Masco from $89.00 to $96.00 and gave the company a “buy” rating in a research note on Wednesday, October 9th. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, Masco presently has a consensus rating of “Hold” and an average price target of $85.96.

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.