Traders sold shares of Masco Corp. (NYSE:MAS) on strength during trading on Thursday. $30.47 million flowed into the stock on the tick-up and $50.30 million flowed out of the stock on the tick-down, for a money net flow of $19.83 million out of the stock. Of all companies tracked, Masco Corp. had the 0th highest net out-flow for the day. Masco Corp. traded up $0.43 for the day and closed at $36.87

Several research firms have commented on MAS. Deutsche Bank AG lifted their target price on shares of Masco Corp. from $28.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday. RBC Capital Markets reissued an “outperform” rating and set a $41.00 price objective (up from $35.00) on shares of Masco Corp. in a research note on Wednesday. JPMorgan Chase & Co. boosted their price objective on shares of Masco Corp. from $34.50 to $39.00 and gave the company an “overweight” rating in a research note on Wednesday. MKM Partners reissued a “hold” rating on shares of Masco Corp. in a research note on Wednesday. Finally, Jefferies Group boosted their price objective on shares of Masco Corp. from $37.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday. Four investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. Masco Corp. has a consensus rating of “Buy” and an average price target of $34.88.

The stock’s 50 day moving average price is $32.25 and its 200 day moving average price is $30.22. The company has a market cap of $12.20 billion and a price-to-earnings ratio of 28.00.

Masco Corp. (NYSE:MAS) last released its quarterly earnings data on Tuesday, July 26th. The company reported $0.46 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.03. The company earned $2 billion during the quarter, compared to analyst estimates of $2 billion. During the same quarter in the prior year, the company posted $0.38 EPS. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. Equities research analysts forecast that Masco Corp. will post $1.55 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 8th. Shareholders of record on Friday, July 8th will be paid a $0.095 dividend. The ex-dividend date is Wednesday, July 6th. This represents a $0.38 annualized dividend and a yield of 1.03%.

In other Masco Corp. news, VP Renee Straber sold 3,694 shares of the company’s stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $32.60, for a total value of $120,424.40. Following the transaction, the vice president now owns 61,442 shares in the company, valued at approximately $2,003,009.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Richard A. Manoogian sold 77,959 shares of the company’s stock in a transaction that occurred on Monday, May 23rd. The shares were sold at an average price of $31.33, for a total transaction of $2,442,455.47. Following the completion of the transaction, the director now owns 1,065,739 shares in the company, valued at approximately $33,389,602.87. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have made changes to their positions in MAS. Vanguard Group Inc. raised its position in shares of Masco Corp. by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 29,719,468 shares of the company’s stock valued at $841,061,000 after buying an additional 1,091,852 shares during the period. Morgan Stanley raised its position in shares of Masco Corp. by 132.2% in the fourth quarter. Morgan Stanley now owns 4,504,388 shares of the company’s stock valued at $127,474,000 after buying an additional 2,564,217 shares during the period. Wells Fargo & Company MN raised its position in shares of Masco Corp. by 3.9% in the fourth quarter. Wells Fargo & Company MN now owns 1,586,824 shares of the company’s stock valued at $44,907,000 after buying an additional 58,987 shares during the period. Principal Financial Group Inc. raised its position in shares of Masco Corp. by 79.2% in the fourth quarter. Principal Financial Group Inc. now owns 887,680 shares of the company’s stock valued at $25,122,000 after buying an additional 392,289 shares during the period. Finally, Roosevelt Investment Group Inc. raised its position in shares of Masco Corp. by 11.8% in the fourth quarter. Roosevelt Investment Group Inc. now owns 783,894 shares of the company’s stock valued at $22,184,000 after buying an additional 82,937 shares during the period.

Masco Corporation designs, manufactures, markets and distributes branded home improvement and building products. The Company operates through four business segments: Cabinets and Related Products, Plumbing Products, Decorative Architectural Products and Other Specialty Products. It has a portfolio of brands, which includes KRAFTMAID, MERILLAT and PEERLESS.

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