Economy

Masco Corporation (NYSE:MAS) Shares Sold by Balyasny Asset Management LLC

The Ameriprise Financial Inc holds 443,393 shares with $18.27 million value, up from 332,223 last quarter. The expected MAS's profit could reach $168.85M giving the stock 19.08 P/E in the case that $0.53 earnings per share is reported. Pacer Advisors Inc. now owns 6,221 shares of the company's stock worth $192,000 after buying an additional 495 shares during the period.

Masco Corporation (NYSE:MAS) last announced its quarterly earnings data on Tuesday, October 24th. It has outperformed by 24.28% the S&P500.

Zacks Investment Research cut shares of Masco Corporation from a "buy" rating to a "sell" rating in a research note on Tuesday, October 3rd. Therefore 79% are positive. The stock now has a consensus rating of "Buy" and a consensus price target of $40.92.

Analysts on average have given a price target of $41.95 to Masco Corporation (MAS) stock. Barclays Capital maintained it with "Equal-Weight" rating and $30 target in Tuesday, October 13 report. The firm has "Outperform" rating by RBC Capital Markets given on Wednesday, October 26. The rating was maintained by Jefferies on Wednesday, October 11 with "Buy". The stock of Masco Corp (NYSE:MAS) earned "Overweight" rating by JP Morgan on Thursday, March 24. The rating was maintained by RBC Capital Markets with "Outperform" on Wednesday, April 26. Macquarie Research maintained Masco Corp (NYSE:MAS) on Friday, December 16 with "Outperform" rating. 61,340 Masco Corp (NYSE:MAS) shares with value of $2.27 million were sold by MANOOGIAN RICHARD A. Shares for $171,774 were sold by Straber Renee on Thursday, June 15.

Anchor Bolt Capital Lp decreased Parker Hannifin Corp (NYSE:PH) stake by 320,299 shares to 236,587 valued at $37.81M in 2017Q2. Advisory Services Network LLC now owns 3,532 shares of the construction company's stock valued at $135,000 after buying an additional 763 shares during the last quarter.

The institutional ownership of Masco Corporation (NYSE:MAS) was 92.30%. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold". Therefore 33% are positive. Johnson & Johnson had 83 analyst reports since August 7, 2015 according to SRatingsIntel. Craig Hallum upgraded Methode Electronics Inc. They set a "buy" rating and a $40.00 price objective on the stock. The firm earned "Buy" rating on Monday, January 9 by Guggenheim. UBS maintained Patriot National Inc (NYSE:PN) rating on Wednesday, August 12. Jefferies maintained the shares of MAS in report on Thursday, July 13 with "Buy" rating.

The market capitalization of Masco Corporation is at $12.67 Billion. The company has market cap of $39.75 million. The Firm operates through four business divisions: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows and Other Specialty Products. Masco Corporation's payout ratio is now 25.93%. The Company's portfolio of brands includes BEHR paint; DELTA and HANSGROHE faucets, bath and shower fixtures; KRAFTMAID and MERILLAT cabinets; MILGARD windows and doors, and HOT SPRING spas. On Oct. 23, 2017 MAS saw a modest increase, closing the day at $40.09, or a increase of $0.02 or (0.05%).

Wall Street await Masco Corp (NYSE:MAS) to release earnings on October, 24. It has outperformed by 18.65% the S&P500.

Investors sentiment increased to 1.06 in Q2 2017. Its down 0.37, from 1 in 2017Q1.

In other news, VP Kenneth G. Cole sold 2,266 shares of Masco Corporation stock in a transaction dated Tuesday, September 19th.

Institutional investors and hedge funds have recently made changes to their positions in the company. 275.10 million shares or 0.29% more from 274.32 million shares in 2017Q1 were reported. Clarivest Asset Management Ltd Liability Com has invested 0% of its portfolio in Masco Corp (NYSE:MAS). The company's market cap is $12.67 Billion, and the average volume is 2.11 Million. 989,188 were reported by Calamos Advsrs. Trust Co. of Vermont now owns 2,964 shares of the construction company's stock valued at $113,000 after buying an additional 125 shares during the last quarter. Moneta Grp Inc Investment Ltd holds 0.45% or 72,165 shares in its portfolio. First Quadrant L P Ca has invested 0.26% of its portfolio in Masco Corp (NYSE:MAS). Mastrapasqua Asset Mngmt holds 0.37% or 45,205 shares. The construction company reported $0.60 earnings per share for the quarter, hitting the consensus estimate of $0.60. Penn Capital Mgmt Co invested 0.17% in Masco Corp (NYSE:MAS). 26,610 were reported by Boston Advsr Limited Com. 181,340 are owned by Capital Management Limited Liability Company. YorkBridge Wealth Partners LLC increased its stake in shares of Masco Corporation by 4.6% in the second quarter. Moreover, Sumitomo Mitsui Asset Mgmt Ltd has 0.02% invested in Masco Corp (NYSE:MAS) for 25,274 shares. Fidelity Management and Research Company is the second biggest holder with 20 million shares now valued at 782.59 million whilst State Street Corp has 15 million shares valued at 569.99 million.

Since April 28, 2017, it had 0 insider purchases, and 4 selling transactions for $1.02 million activity. 3,880 shares were sold by VAN LOKEREN MARY ANN, worth $142,317.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Like this

loading...
loading...

Latest


25 October 2017
EnLink Midstream LLC (ENLC) EPS Estimated At $0.06
This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. Renaissance Technologies LLC grew its holdings in American Midstream Partners, by 44.7% during the 1st quarter.

25 October 2017
Earnings at the Forefront For Duke Realty Corporation
WINTON GROUP Ltd's holdings in Realty Income Corporation were worth $394,000 at the end of the most recent quarter. On July 18, 2017 Canaccord Genuity added the stock to its research portfolio giving it an initial rating of "Buy".

25 October 2017
Federal Bureau of Investigation adds NC murder suspect to 'Most Wanted' list, offers $100G reward
He has ties to Phoenix and may reside in San Francisco de los Romo, Aguascalientes, or Pabellón de Arteaga, Aguascalientes. The FBI announced Tuesday that 18-year-old Alejandro Rosales Castillo was added to their "Ten Most Wanted Fugitives" list.

25 October 2017
Unitedhealth Group (UNH) Shareholder Campbell Newman Asset Management INC Trimmed Stake
A key indicator that can help investors determine if a stock might be a quality investment is the Return on Equity or ROE. Patriot Wealth Management Inc increased United Healthcare Corp Com (UNH) stake by 3.65% reported in 2017Q2 SEC filing.

25 October 2017
Kate Steinle murder trial underway
Bureau of Land Management ranger who reported that it had been stolen from his parked vehicle a week before Steinle was shot. Earlier in the day, Michelle Lo testified about walking past Garcia Zarate as he sat on a swivel chair on the pier.

25 October 2017
Sabres look to keep momentum against Red Wings
They didn't need it this time, with Benoit Pouliot scoring the lone goal and the eventual victor midway through the second period. Detroit's losing streak now stands at five games.

25 October 2017
Review of state capture remedial action will test public protector's powers
Zuma should not use the courts to reverse his commitments on complying with statements he had been making in public, he said. Mpofu agreed with Ngcukaitobi's submissions that Zuma "could not be the judge in his own case".

25 October 2017
Hamas chief, Jordan king talk Palestine reconciliation
Hamas - which is backed by Qatar - has controlled the Gaza Strip since the near civil war in the Palestinian territories in 2007. Ally the United States has called for the Islamist political movement to disarm and recognise Israel.

25 October 2017
OncoSec Medical Incorporated (NASDAQ:ONCS) Fall's in Trading Today - Down $0.16
If a security's beta is equal to 1, the security's price moves in time step with the market. 1 means less volatile than market. A stock with a price that fluctuates wildly, hits new highs and lows or moves erratically is considered highly volatile.

25 October 2017
'Administrative Error' Blocked Indonesian Military Chief's Entry to United States: Embassy
He promotes the notion that Indonesia is besieged by "proxy wars" involving foreign states and even a renewed communist threat. However, the military has insisted that Nurmantyo will not attend the conference unless this clarification is received.