Greenleaf Trust Boosts Stock Position in Masco Co. (NYSE:MAS)

Greenleaf Trust grew its position in Masco Co. (NYSE:MAS) by 7.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,601 shares of the construction company’s stock after purchasing an additional 959 shares during the period. Greenleaf Trust’s holdings in Masco were worth $1,060,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. ORG Wealth Partners LLC purchased a new position in Masco during the 4th quarter worth approximately $27,000. Capital Performance Advisors LLP acquired a new position in Masco during the third quarter valued at $38,000. Ashton Thomas Securities LLC purchased a new stake in Masco in the third quarter valued at $43,000. Venturi Wealth Management LLC grew its position in Masco by 59.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 596 shares of the construction company’s stock worth $50,000 after purchasing an additional 222 shares during the period. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of Masco by 26.7% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 703 shares of the construction company’s stock valued at $51,000 after buying an additional 148 shares during the last quarter. Institutional investors and hedge funds own 93.91% of the company’s stock.

Masco Stock Performance

NYSE MAS opened at $77.66 on Tuesday. The company has a debt-to-equity ratio of 20.74, a current ratio of 1.83 and a quick ratio of 1.21. The stock’s 50 day simple moving average is $76.95 and its 200-day simple moving average is $78.54. The company has a market cap of $16.76 billion, a PE ratio of 20.65, a price-to-earnings-growth ratio of 2.13 and a beta of 1.25. Masco Co. has a 1-year low of $63.81 and a 1-year high of $86.70.

Wall Street Analysts Forecast Growth

MAS has been the topic of several analyst reports. StockNews.com lowered Masco from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Evercore ISI lifted their target price on shares of Masco from $78.00 to $82.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. BMO Capital Markets increased their price target on shares of Masco from $78.00 to $85.00 and gave the stock a “market perform” rating in a report on Tuesday, October 22nd. Citigroup cut their price objective on shares of Masco from $82.00 to $77.00 and set a “neutral” rating for the company in a report on Monday, January 6th. Finally, Wells Fargo & Company reissued an “equal weight” rating and set a $85.00 target price (down from $92.00) on shares of Masco in a research note on Tuesday, December 17th. Nine investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $86.27.

About Masco

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.