Atomi Financial Group Inc. Has $800,000 Stock Holdings in Masco Co. (NYSE:MAS)

Atomi Financial Group Inc. increased its holdings in shares of Masco Co. (NYSE:MAS) by 5.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 11,022 shares of the construction company’s stock after purchasing an additional 579 shares during the period. Atomi Financial Group Inc.’s holdings in Masco were worth $800,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its position in shares of Masco by 12.1% in 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 purchasing an additional 122,705 shares during the period. Blair William & Co. IL lifted its position in Masco by 3.3% during the second quarter. Blair William & Co. IL now owns 9,830 shares of the construction company’s stock worth $655,000 after acquiring an additional 314 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Masco by 5.4% during the second quarter. Sei Investments Co. now owns 224,858 shares of the construction company’s stock worth $14,991,000 after acquiring an additional 11,446 shares during the period. ProShare Advisors LLC grew its position in shares of Masco by 17.0% in the second quarter. ProShare Advisors LLC now owns 32,746 shares of the construction company’s stock valued at $2,183,000 after purchasing an additional 4,765 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its stake in shares of Masco by 72.7% during the second quarter. Public Sector Pension Investment Board now owns 8,515 shares of the construction company’s stock worth $568,000 after purchasing an additional 3,584 shares during the period. Institutional investors and hedge funds own 93.91% of the company’s stock.

Masco Stock Down 0.1 %

Shares of NYSE MAS opened at $78.59 on Thursday. The company has a market cap of $16.96 billion, a price-to-earnings ratio of 20.90, a PEG ratio of 2.35 and a beta of 1.25. The company has a current ratio of 1.83, a quick ratio of 1.21 and a debt-to-equity ratio of 20.74. Masco Co. has a 12 month low of $63.81 and a 12 month high of $86.70. The stock has a 50-day moving average price of $76.72 and a two-hundred day moving average price of $77.92.

Masco (NYSE:MAS) last released its quarterly earnings data on Tuesday, October 29th. The construction company reported $1.08 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.08. Masco had a net margin of 10.54% and a return on equity of 615.54%. The business had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $2 billion. During the same period in the prior year, the company earned $1.00 EPS. The firm’s quarterly revenue was up .2% compared to the same quarter last year. As a group, analysts forecast that Masco Co. will post 4.09 earnings per share for the current fiscal year.

Masco Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on MAS shares. Evercore ISI increased their price objective on Masco from $78.00 to $82.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Loop Capital raised their target price on shares of Masco from $76.00 to $87.00 and gave the stock a “hold” rating in a report on Wednesday, October 30th. Citigroup cut their price target on Masco from $82.00 to $77.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Jefferies Financial Group lowered Masco from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $96.00 to $89.00 in a research note on Monday, December 16th. Finally, Wells Fargo & Company reiterated an “equal weight” rating and set a $85.00 target price (down from $92.00) on shares of Masco in a research report on Tuesday, December 17th. Nine investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $86.27.

Masco Company 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.