Trust Co. of Vermont Boosts Holdings in Masco Co. (NYSE:MAS)

Trust Co. of Vermont lifted its stake in Masco Co. (NYSE:MAS) by 17.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,000 shares of the construction company’s stock after buying an additional 450 shares during the period. Trust Co. of Vermont’s holdings in Masco were worth $218,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its stake in shares of Masco by 12.1% during the second quarter. Dimensional Fund Advisors LP now owns 1,137,450 shares of the construction company’s stock valued at $75,834,000 after acquiring an additional 122,705 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Masco by 14.1% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 21,162 shares of the construction company’s stock valued at $1,411,000 after buying an additional 2,621 shares in the last quarter. Blair William & Co. IL grew its holdings in Masco by 3.3% in the second quarter. Blair William & Co. IL now owns 9,830 shares of the construction company’s stock worth $655,000 after purchasing an additional 314 shares during the period. Hsbc Holdings PLC grew its stake in shares of Masco by 11.6% in the 2nd quarter. Hsbc Holdings PLC now owns 465,033 shares of the construction company’s stock worth $30,932,000 after buying an additional 48,379 shares during the last quarter. Finally, Intech Investment Management LLC increased its holdings in shares of Masco by 303.8% during the second quarter. Intech Investment Management LLC now owns 86,087 shares of the construction company’s stock valued at $5,739,000 after acquiring an additional 64,766 shares in the last quarter. Institutional investors own 93.91% of the company’s stock.

Masco Stock Performance

NYSE:MAS opened at $78.29 on Monday. The company has a debt-to-equity ratio of 20.74, a quick ratio of 1.21 and a current ratio of 1.83. Masco Co. has a fifty-two week low of $63.81 and a fifty-two week high of $86.70. The firm has a market capitalization of $16.89 billion, a PE ratio of 20.82, a PEG ratio of 2.17 and a beta of 1.25. The stock’s fifty day moving average is $76.79 and its 200 day moving average is $77.72.

Masco (NYSE:MAS) last announced its quarterly earnings data on Tuesday, October 29th. The construction company reported $1.08 EPS for the quarter, meeting the consensus estimate of $1.08. Masco had a return on equity of 615.54% and a net margin of 10.54%. The company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $2 billion. During the same quarter in the prior year, the company posted $1.00 EPS. Masco’s quarterly revenue was up .2% on a year-over-year basis. On average, sell-side analysts anticipate that Masco Co. will post 4.09 earnings per share for the current year.

Masco Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Friday, November 8th were issued a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 1.48%. The ex-dividend date was Friday, November 8th. Masco’s dividend payout ratio is 30.85%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on MAS. Barclays reduced their price target on shares of Masco from $93.00 to $84.00 and set an “overweight” rating for the company in a research report on Thursday. JPMorgan Chase & Co. increased their target price on Masco from $80.00 to $83.50 and gave the company a “neutral” rating in a report on Tuesday, November 5th. Loop Capital lifted their price target on shares of Masco from $76.00 to $87.00 and gave the stock a “hold” rating in a research note on Wednesday, October 30th. Evercore ISI upped their price target on Masco from $78.00 to $82.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Finally, Royal Bank of Canada cut shares of Masco from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from $79.00 to $80.00 in a research note on Wednesday, October 30th. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $86.27.

Masco Profile

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.