Masonite International Corporation (DOOR) Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN reduced its stake in Masonite International Corporation (NYSE:DOOR) by 5.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,001,299 shares of the company’s stock after selling 58,338 shares during the period. Wells Fargo & Company MN owned approximately 3.39% of Masonite International worth $69,291,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Voya Investment Management LLC increased its holdings in shares of Masonite International by 20.7% during the second quarter. Voya Investment Management LLC now owns 14,026 shares of the company’s stock worth $1,059,000 after buying an additional 2,410 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Masonite International by 515.8% during the first quarter. Dimensional Fund Advisors LP now owns 115,475 shares of the company’s stock valued at $9,151,000 after acquiring an additional 96,723 shares during the last quarter. Sei Investments Co. boosted its position in Masonite International by 448.6% during the third quarter. Sei Investments Co. now owns 147,245 shares of the company’s stock valued at $10,190,000 after acquiring an additional 120,406 shares during the last quarter. Swiss National Bank boosted its position in Masonite International by 16.2% during the second quarter. Swiss National Bank now owns 49,577 shares of the company’s stock valued at $3,743,000 after acquiring an additional 6,900 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its position in Masonite International by 20.4% during the second quarter. New York State Common Retirement Fund now owns 130,112 shares of the company’s stock valued at $9,823,000 after acquiring an additional 22,006 shares during the last quarter.

Shares of Masonite International Corporation (NYSE DOOR) opened at $71.00 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 3.12 and a quick ratio of 2.05. The company has a market cap of $2,021.45, a PE ratio of 22.05 and a beta of 1.33. Masonite International Corporation has a one year low of $50.40 and a one year high of $85.30.

Masonite International (NYSE:DOOR) last posted its quarterly earnings data on Tuesday, November 7th. The company reported $1.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.92 by $0.08. The firm had revenue of $517.50 million during the quarter, compared to analyst estimates of $509.04 million. Masonite International had a net margin of 4.75% and a return on equity of 14.38%. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the business posted $0.89 EPS. equities research analysts forecast that Masonite International Corporation will post 3.48 earnings per share for the current year.

In other Masonite International news, insider James A. Hair sold 1,600 shares of the stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $72.34, for a total value of $115,744.00. Following the completion of the sale, the insider now owns 4,172 shares in the company, valued at approximately $301,802.48. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Robert Edgar Lewis sold 1,400 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $70.52, for a total transaction of $98,728.00. Following the sale, the insider now owns 22,518 shares of the company’s stock, valued at approximately $1,587,969.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,015 shares of company stock valued at $288,263. Company insiders own 2.19% of the company’s stock.

A number of analysts have commented on the stock. B. Riley reaffirmed a “buy” rating on shares of Masonite International in a research report on Wednesday, November 1st. Wedbush set a $70.00 target price on shares of Masonite International and gave the stock a “buy” rating in a report on Saturday, August 12th. Stifel Nicolaus lowered shares of Masonite International from a “buy” rating to a “hold” rating and lowered their target price for the stock from $85.00 to $72.00 in a report on Friday, August 11th. Stephens lowered shares of Masonite International from an “overweight” rating to an “equal weight” rating and set a $89.00 target price on the stock. in a report on Thursday, August 10th. Finally, Nomura set a $77.00 target price on shares of Masonite International and gave the stock a “buy” rating in a report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. Masonite International has a consensus rating of “Hold” and an average price target of $76.73.

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About Masonite International

Masonite International Corporation is designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling, and the non-residential building construction markets. The Company principally operates in North America; Europe, Asia and Latin America, and Africa.

Institutional Ownership by Quarter for Masonite International (NYSE:DOOR)

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