US Bancorp DE boosted its position in Masonite International Corporation (NYSE:DOOR) by 7.3% during the second quarter, Holdings Channel reports. The fund owned 11,530 shares of the company’s stock after buying an additional 782 shares during the period. US Bancorp DE’s holdings in Masonite International Corporation were worth $870,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of DOOR. BlackRock Inc. increased its stake in shares of Masonite International Corporation by 84,431.7% in the first quarter. BlackRock Inc. now owns 2,133,580 shares of the company’s stock valued at $169,086,000 after buying an additional 2,131,056 shares in the last quarter. Clearbridge Investments LLC increased its stake in shares of Masonite International Corporation by 71.2% in the first quarter. Clearbridge Investments LLC now owns 955,984 shares of the company’s stock valued at $75,762,000 after buying an additional 397,684 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Masonite International Corporation by 20.2% in the first quarter. Wellington Management Group LLP now owns 1,789,122 shares of the company’s stock valued at $141,789,000 after buying an additional 301,135 shares in the last quarter. Praesidium Investment Management Company LLC increased its stake in shares of Masonite International Corporation by 30.7% in the first quarter. Praesidium Investment Management Company LLC now owns 1,152,496 shares of the company’s stock valued at $91,335,000 after buying an additional 270,891 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Masonite International Corporation during the fourth quarter valued at about $15,770,000. Institutional investors own 98.25% of the company’s stock.

Masonite International Corporation (DOOR) traded up 0.3686% during trading on Friday, reaching $58.5651. The company had a trading volume of 301,596 shares. The stock has a market cap of $1.74 billion, a PE ratio of 18.3936 and a beta of 1.26. The company has a 50-day moving average price of $75.23 and a 200 day moving average price of $75.70. Masonite International Corporation has a 52-week low of $50.40 and a 52-week high of $85.30.

Masonite International Corporation (NYSE:DOOR) last issued its earnings results on Wednesday, August 9th. The company reported $0.89 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.11 by $0.22. The business had revenue of $519.70 million during the quarter, compared to analyst estimates of $547.79 million. Masonite International Corporation had a return on equity of 14.13% and a net margin of 4.95%. The business’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period last year, the business earned $1.02 EPS. On average, analysts anticipate that Masonite International Corporation will post $3.98 earnings per share for the current year.

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Several analysts have recently issued reports on DOOR shares. Zacks Investment Research downgraded Masonite International Corporation from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 26th. Instinet reduced their price objective on Masonite International Corporation from $90.00 to $86.00 and set a “buy” rating on the stock in a research report on Tuesday, May 9th. Royal Bank Of Canada restated a “buy” rating and issued a $92.00 price objective on shares of Masonite International Corporation in a research report on Monday, June 19th. Wedbush restated an “outperform” rating and issued a $85.00 price objective on shares of Masonite International Corporation in a research report on Friday, June 16th. Finally, BidaskClub downgraded Masonite International Corporation from a “hold” rating to a “sell” rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $79.70.

In other news, insider Robert Edgar Lewis sold 3,500 shares of the firm’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $74.08, for a total value of $259,280.00. Following the completion of the sale, the insider now owns 22,618 shares of the company’s stock, valued at $1,675,541.44. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 2.19% of the company’s stock.

Masonite International Corporation Company Profile

Masonite International Corporation is designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling, and the non-residential building construction markets. The Company principally operates in North America; Europe, Asia and Latin America, and Africa.

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Institutional Ownership by Quarter for Masonite International Corporation (NYSE:DOOR)

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