Pzena Investment Management LLC Has $55.07 Million Stock Holdings in Masonite International Co. (NYSE:DOOR)

Pzena Investment Management LLC trimmed its stake in shares of Masonite International Co. (NYSE:DOORFree Report) by 17.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 650,500 shares of the company’s stock after selling 141,305 shares during the quarter. Pzena Investment Management LLC owned about 2.97% of Masonite International worth $55,071,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Trexquant Investment LP increased its stake in shares of Masonite International by 37.9% during the fourth quarter. Trexquant Investment LP now owns 21,771 shares of the company’s stock worth $1,843,000 after purchasing an additional 5,979 shares during the period. Dynamic Technology Lab Private Ltd lifted its holdings in shares of Masonite International by 106.6% during the fourth quarter. Dynamic Technology Lab Private Ltd now owns 21,952 shares of the company’s stock worth $1,858,000 after buying an additional 11,325 shares in the last quarter. Norges Bank bought a new stake in shares of Masonite International in the fourth quarter valued at about $12,798,000. First Eagle Investment Management LLC grew its stake in shares of Masonite International by 174.4% in the fourth quarter. First Eagle Investment Management LLC now owns 54,963 shares of the company’s stock valued at $4,653,000 after acquiring an additional 34,932 shares in the last quarter. Finally, ARGA Investment Management LP acquired a new position in shares of Masonite International in the fourth quarter valued at about $830,000. 97.07% of the stock is owned by institutional investors.

Insider Activity at Masonite International

In other news, insider Robert Paxton sold 721 shares of Masonite International stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $129.95, for a total transaction of $93,693.95. Following the transaction, the insider now owns 20,798 shares in the company, valued at $2,702,700.10. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Masonite International news, insider Christopher O. Ball sold 396 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total transaction of $51,503.76. Following the sale, the insider now owns 13,263 shares of the company’s stock, valued at $1,724,985.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert Paxton sold 721 shares of Masonite International stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $129.95, for a total value of $93,693.95. Following the completion of the transaction, the insider now directly owns 20,798 shares of the company’s stock, valued at $2,702,700.10. The disclosure for this sale can be found here. Insiders sold a total of 1,641 shares of company stock worth $213,329 in the last quarter. 1.21% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on DOOR shares. TheStreet downgraded shares of Masonite International from a “b” rating to a “c+” rating in a report on Tuesday, February 20th. Royal Bank of Canada lifted their price objective on Masonite International from $87.00 to $133.00 and gave the company a “sector perform” rating in a report on Wednesday, February 21st. Wedbush reissued a “neutral” rating and set a $133.00 target price on shares of Masonite International in a report on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $133.00 price objective (up previously from $115.00) on shares of Masonite International in a research report on Monday, February 12th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $133.00 target price (up from $119.00) on shares of Masonite International in a research report on Wednesday, February 21st. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $116.89.

Read Our Latest Stock Analysis on Masonite International

Masonite International Stock Performance

Masonite International stock remained flat at $132.84 during mid-day trading on Wednesday. The business’s fifty day simple moving average is $131.70 and its 200 day simple moving average is $110.64. The company has a market capitalization of $2.92 billion, a P/E ratio of 21.09, a price-to-earnings-growth ratio of 6.64 and a beta of 1.63. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.57 and a current ratio of 2.47. Masonite International Co. has a 12 month low of $76.87 and a 12 month high of $132.89.

Masonite International (NYSE:DOORGet Free Report) last issued its earnings results on Monday, May 6th. The company reported $1.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.05 by ($0.76). Masonite International had a return on equity of 17.82% and a net margin of 5.08%. The firm had revenue of $668.34 million during the quarter, compared to analyst estimates of $715.38 million. During the same period in the previous year, the company earned $1.88 EPS. Masonite International’s revenue for the quarter was down 7.9% on a year-over-year basis. On average, equities research analysts expect that Masonite International Co. will post 10 EPS for the current fiscal year.

Masonite International Profile

(Free Report)

Masonite International Corporation designs, manufactures, markets, and distributes interior and exterior doors and door solutions for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. It offers interior doors of wood and related materials, including wood composite molded and flat door facings; exterior doors of steel, fiberglass, or composite materials; and molded panel, flush, stile and rail, steel, and fiberglass residential doors; and architectural doors, as well as Z-articulating cap sill, ADAptive, and ultimate astragals,trilennium, simple solution corner pads, and panolock products.

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

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