Masonite International Co. (NYSE:DOOR) Holdings Reduced by Leeward Investments LLC MA

Leeward Investments LLC MA decreased its position in Masonite International Co. (NYSE:DOOR) by 23.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 112,344 shares of the company’s stock after selling 33,492 shares during the period. Leeward Investments LLC MA’s holdings in Masonite International were worth $9,511,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Boston Partners grew its position in Masonite International by 21.6% in the 3rd quarter. Boston Partners now owns 265,172 shares of the company’s stock worth $24,200,000 after purchasing an additional 47,152 shares during the last quarter. Campbell & CO Investment Adviser LLC lifted its stake in shares of Masonite International by 50.5% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 16,754 shares of the company’s stock worth $1,562,000 after acquiring an additional 5,621 shares during the period. First Eagle Investment Management LLC acquired a new stake in shares of Masonite International in the 3rd quarter worth approximately $1,867,000. Qube Research & Technologies Ltd lifted its stake in shares of Masonite International by 143.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 51,710 shares of the company’s stock worth $4,820,000 after acquiring an additional 30,512 shares during the period. Finally, Brightline Capital Management LLC acquired a new stake in shares of Masonite International in the 3rd quarter worth approximately $2,424,000. Institutional investors own 97.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DOOR. TheStreet lowered shares of Masonite International from a “b” rating to a “c+” rating in a research note on Tuesday, February 20th. Oppenheimer began coverage on shares of Masonite International in a research note on Friday, January 19th. They issued an “outperform” rating and a $115.00 price target for the company. Stifel Nicolaus reaffirmed a “hold” rating and issued a $133.00 price target (up from $119.00) on shares of Masonite International in a research note on Wednesday, February 21st. Wedbush reaffirmed a “neutral” rating and issued a $133.00 price target on shares of Masonite International in a research note on Tuesday, February 20th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $133.00 price target (up from $115.00) on shares of Masonite International in a research note on Monday, February 12th. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $116.89.

Masonite International Price Performance

DOOR stock traded down $0.15 on Friday, hitting $131.60. 712,222 shares of the company’s stock traded hands, compared to its average volume of 663,848. The company has a current ratio of 2.42, a quick ratio of 1.42 and a debt-to-equity ratio of 1.22. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of 24.97, a P/E/G ratio of 6.94 and a beta of 1.64. Masonite International Co. has a 1-year low of $76.87 and a 1-year high of $131.94. The stock has a fifty day moving average of $130.83 and a 200-day moving average of $103.97.

Masonite International (NYSE:DOOR) last issued its quarterly earnings results on Tuesday, February 20th. The company reported $1.31 EPS for the quarter, missing the consensus estimate of $1.36 by ($0.05). The firm had revenue of $660.58 million during the quarter, compared to analysts’ expectations of $659.87 million. Masonite International had a net margin of 4.18% and a return on equity of 20.17%. During the same quarter last year, the company posted $1.72 EPS. On average, analysts forecast that Masonite International Co. will post 9.48 EPS for the current fiscal year.

Insider Activity at Masonite International

In related news, insider Christopher O. Ball sold 396 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total value of $51,503.76. Following the completion of the sale, the insider now owns 13,263 shares in the company, valued at approximately $1,724,985.78. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Masonite International news, insider Robert Paxton sold 721 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $129.95, for a total value of $93,693.95. Following the transaction, the insider now owns 20,798 shares in the company, valued at approximately $2,702,700.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Christopher O. Ball sold 396 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the insider now owns 13,263 shares in the company, valued at approximately $1,724,985.78. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,641 shares of company stock worth $213,329. 1.21% of the stock is owned by corporate insiders.

Masonite International Profile

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.