TD Private Client Wealth LLC Has $746,000 Stock Position in Masco Co. (NYSE:MAS)

TD Private Client Wealth LLC increased its position in shares of Masco Co. (NYSE:MAS) by 4.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,885 shares of the construction company’s stock after acquiring an additional 349 shares during the quarter. TD Private Client Wealth LLC’s holdings in Masco were worth $746,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Teachers Retirement System of The State of Kentucky grew its position in Masco by 13.2% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 655,914 shares of the construction company’s stock worth $55,058,000 after purchasing an additional 76,317 shares in the last quarter. Coldstream Capital Management Inc. boosted its position in shares of Masco by 18.0% in the third quarter. Coldstream Capital Management Inc. now owns 3,914 shares of the construction company’s stock worth $326,000 after buying an additional 597 shares during the period. Vestcor Inc grew its holdings in shares of Masco by 60.9% during the third quarter. Vestcor Inc now owns 4,688 shares of the construction company’s stock valued at $394,000 after buying an additional 1,774 shares in the last quarter. M&T Bank Corp raised its position in Masco by 7.3% during the third quarter. M&T Bank Corp now owns 11,860 shares of the construction company’s stock valued at $996,000 after buying an additional 808 shares during the period. Finally, Barclays PLC lifted its stake in Masco by 49.2% in the 3rd quarter. Barclays PLC now owns 883,859 shares of the construction company’s stock worth $74,192,000 after acquiring an additional 291,658 shares in the last quarter. Institutional investors and hedge funds own 93.91% of the company’s stock.

Masco Stock Performance

MAS opened at $78.76 on Friday. The stock has a 50-day moving average of $81.05 and a 200-day moving average of $76.47. The company has a debt-to-equity ratio of 20.74, a quick ratio of 1.21 and a current ratio of 1.83. Masco Co. has a 52-week low of $63.60 and a 52-week high of $86.70. The company has a market cap of $16.99 billion, a PE ratio of 20.95, a price-to-earnings-growth ratio of 2.57 and a beta of 1.23.

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

Masco Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Friday, November 8th were issued a $0.29 dividend. The ex-dividend date was Friday, November 8th. This represents a $1.16 annualized dividend and a yield of 1.47%. Masco’s dividend payout ratio (DPR) is presently 30.85%.

Wall Street Analyst Weigh In

Several research firms have weighed in on MAS. UBS Group lifted 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. Robert W. Baird lowered their price objective on shares of Masco from $95.00 to $94.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 30th. Evercore ISI increased their target price on shares of Masco from $78.00 to $82.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. StockNews.com cut shares of Masco from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Finally, Wells Fargo & Company increased their price objective on Masco from $90.00 to $92.00 and gave the stock an “overweight” rating in a report on Monday, October 7th. Eight analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Masco currently has a consensus rating of “Hold” and an average target price 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.