Vision Capital Management Inc. Acquires 500 Shares of Masco Co. (NYSE:MAS)

Vision Capital Management Inc. grew its holdings in Masco Co. (NYSE:MAS) by 15.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,820 shares of the construction company’s stock after acquiring an additional 500 shares during the period. Vision Capital Management Inc.’s holdings in Masco were worth $277,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. ORG Wealth Partners LLC acquired a new stake in shares of Masco in the fourth quarter worth $27,000. Capital Performance Advisors LLP acquired a new stake in shares of Masco in the third quarter worth $38,000. Ashton Thomas Securities LLC acquired a new stake in shares of Masco in the third quarter worth $43,000. Venturi Wealth Management LLC lifted its stake in shares of Masco by 59.4% in the third quarter. Venturi Wealth Management LLC now owns 596 shares of the construction company’s stock worth $50,000 after buying an additional 222 shares during the last quarter. Finally, Covestor Ltd lifted its stake in shares of Masco by 86.4% in the third quarter. Covestor Ltd now owns 673 shares of the construction company’s stock worth $57,000 after buying an additional 312 shares during the last quarter. 93.91% of the stock is currently owned by institutional investors and hedge funds.

Masco Stock Up 0.5 %

MAS opened at $77.67 on Thursday. The firm’s 50-day simple moving average is $76.83 and its 200-day simple moving average is $78.57. 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 twelve month low of $63.81 and a twelve month high of $86.70. The firm has a market cap of $16.76 billion, a price-to-earnings ratio of 20.66, a PEG ratio of 2.13 and a beta of 1.25.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on MAS. Wells Fargo & Company reduced their price objective on shares of Masco from $85.00 to $82.00 and set an “equal weight” rating for the company in a research note on Tuesday. Jefferies Financial Group cut shares of 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 note on Monday, December 16th. Barclays cut their target price on shares of Masco from $93.00 to $84.00 and set an “overweight” rating for the company in a research note on Thursday, January 16th. StockNews.com cut shares of Masco from a “buy” rating to a “hold” rating in a research note on Friday, November 15th. Finally, Zelman & Associates upgraded shares of Masco to a “strong-buy” rating in a research note on Friday, January 17th. Nine equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Masco presently has an average rating of “Hold” and an average price target of $86.04.

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.