Amalgamated Bank grew its position in shares of Masonite International Corporation (NYSE:DOOR) by 2.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,827 shares of the company’s stock after purchasing an additional 105 shares during the quarter. Amalgamated Bank’s holdings in Masonite International Corporation were worth $289,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in DOOR. BlackRock Inc. raised its holdings in Masonite International Corporation by 84,431.7% during the 1st quarter. BlackRock Inc. now owns 2,133,580 shares of the company’s stock worth $169,086,000 after purchasing an additional 2,131,056 shares during the last quarter. Clearbridge Investments LLC increased its stake in shares of Masonite International Corporation by 71.2% in the 1st quarter. Clearbridge Investments LLC now owns 955,984 shares of the company’s stock valued at $75,762,000 after acquiring an additional 397,684 shares in the last quarter. Praesidium Investment Management Company LLC increased its stake in shares of Masonite International Corporation by 30.7% in the 1st quarter. Praesidium Investment Management Company LLC now owns 1,152,496 shares of the company’s stock valued at $91,335,000 after acquiring an additional 270,891 shares in the last quarter. Pembroke Management LTD bought a new stake in shares of Masonite International Corporation in the 2nd quarter valued at $14,850,000. Finally, Teachers Advisors LLC increased its stake in shares of Masonite International Corporation by 54.7% in the 1st quarter. Teachers Advisors LLC now owns 395,454 shares of the company’s stock valued at $31,340,000 after acquiring an additional 139,895 shares in the last quarter. Hedge funds and other institutional investors own 98.11% of the company’s stock.

Shares of Masonite International Corporation (NYSE:DOOR) opened at 67.30 on Thursday. The company has a 50-day moving average of $65.55 and a 200 day moving average of $72.83. The firm has a market cap of $1.99 billion, a P/E ratio of 21.14 and a beta of 1.31. 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 announced its earnings results on Wednesday, August 9th. The company reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.22). The business had revenue of $519.70 million for the quarter, compared to the consensus estimate of $547.79 million. Masonite International Corporation had a net margin of 4.95% and a return on equity of 14.01%. Masonite International Corporation’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.02 EPS. On average, equities analysts expect that Masonite International Corporation will post $3.36 earnings per share for the current year.

In other news, Director Robert J. Byrne acquired 1,500 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was acquired at an average price of $60.81 per share, for a total transaction of $91,215.00. Following the completion of the acquisition, the director now owns 9,633 shares in the company, valued at $585,782.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.19% of the stock is owned by corporate insiders.

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Several analysts have recently weighed in on the stock. Instinet reiterated a “buy” rating and issued a $77.00 price objective (down previously from $86.00) on shares of Masonite International Corporation in a research note on Thursday, August 10th. Royal Bank Of Canada reiterated a “buy” rating and issued a $92.00 price objective on shares of Masonite International Corporation in a research note on Monday, July 24th. Wedbush reiterated an “outperform” rating and issued a $85.00 price objective on shares of Masonite International Corporation in a research note on Friday, June 16th. Nomura set a $77.00 price objective on shares of Masonite International Corporation and gave the company a “buy” rating in a research note on Thursday, August 10th. Finally, Stifel Nicolaus lowered shares of Masonite International Corporation from a “buy” rating to a “hold” rating and lowered their price objective for the company from $85.00 to $72.00 in a research note on Friday, August 11th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $75.60.

Masonite International Corporation 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.

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

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