Choreo LLC Acquires 1,298 Shares of Masco Co. (NYSE:MAS)

Choreo LLC increased its holdings in shares of Masco Co. (NYSE:MAS) by 18.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,350 shares of the construction company’s stock after acquiring an additional 1,298 shares during the period. Choreo LLC’s holdings in Masco were worth $606,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Franklin Resources Inc. boosted its stake in Masco by 20.6% during the third quarter. Franklin Resources Inc. now owns 331,883 shares of the construction company’s stock worth $28,147,000 after acquiring an additional 56,626 shares in the last quarter. Seizert Capital Partners LLC boosted its stake in Masco by 21.7% during the third quarter. Seizert Capital Partners LLC now owns 540,437 shares of the construction company’s stock worth $45,364,000 after acquiring an additional 96,415 shares in the last quarter. Foster Victor Wealth Advisors LLC raised its holdings in Masco by 6.6% in the fourth quarter. Foster Victor Wealth Advisors LLC now owns 219,120 shares of the construction company’s stock worth $17,135,000 after buying an additional 13,568 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of Masco by 69.1% during the fourth quarter. Versant Capital Management Inc now owns 1,544 shares of the construction company’s stock valued at $112,000 after buying an additional 631 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in shares of Masco by 139.9% during the third quarter. Assetmark Inc. now owns 1,262 shares of the construction company’s stock valued at $106,000 after buying an additional 736 shares during the last quarter. Institutional investors own 93.91% of the company’s stock.

Masco Stock Up 0.3 %

MAS opened at $77.50 on Tuesday. 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 1-year low of $63.81 and a 1-year high of $86.70. The company has a market capitalization of $16.72 billion, a PE ratio of 20.61, a PEG ratio of 2.09 and a beta of 1.25. The firm’s 50 day simple moving average is $76.64 and its two-hundred day simple moving average is $78.71.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company cut their price target on shares of Masco from $85.00 to $82.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. Oppenheimer upgraded shares of Masco from a “market perform” rating to an “outperform” rating and set a $89.00 price target on the stock in a report on Friday, January 10th. Loop Capital increased their price target on shares of Masco from $76.00 to $87.00 and gave the company a “hold” rating in a report on Wednesday, October 30th. JPMorgan Chase & Co. increased their price target on shares of Masco from $80.00 to $83.50 and gave the company a “neutral” rating in a report on Tuesday, November 5th. Finally, Robert W. Baird cut their price target on shares of Masco from $95.00 to $94.00 and set an “outperform” rating on the stock in a report on Wednesday, October 30th. Nine equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Masco currently has an average rating of “Hold” and a consensus price target of $86.04.

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.