Masonite International Corp (DOOR) Position Increased by Maple Rock Capital Partners Inc.

Maple Rock Capital Partners Inc. increased its stake in shares of Masonite International Corp (NYSE:DOOR) by 12.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 450,000 shares of the company’s stock after buying an additional 50,000 shares during the period. Masonite International comprises 10.9% of Maple Rock Capital Partners Inc.’s portfolio, making the stock its largest holding. Maple Rock Capital Partners Inc. owned 1.58% of Masonite International worth $31,140,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio lifted its holdings in shares of Masonite International by 6.9% in the second quarter. Public Employees Retirement System of Ohio now owns 1,573 shares of the company’s stock valued at $119,000 after purchasing an additional 101 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Masonite International by 18.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,656 shares of the company’s stock valued at $125,000 after purchasing an additional 258 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of Masonite International by 1.4% in the second quarter. SG Americas Securities LLC now owns 2,395 shares of the company’s stock valued at $181,000 after purchasing an additional 34 shares in the last quarter. Symphony Asset Management LLC purchased a new stake in shares of Masonite International in the second quarter valued at about $200,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Masonite International in the third quarter valued at about $221,000.

In related news, insider Robert Edgar Lewis sold 1,400 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $70.52, for a total transaction of $98,728.00. Following the completion of the transaction, the insider now owns 22,518 shares of the company’s stock, valued at $1,587,969.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider James A. Hair sold 1,600 shares of the company’s stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $72.34, for a total transaction of $115,744.00. Following the transaction, the insider now directly owns 4,172 shares of the company’s stock, valued at approximately $301,802.48. The disclosure for this sale can be found here. Insiders have sold 4,015 shares of company stock valued at $288,263 in the last ninety days. 2.19% of the stock is currently owned by company insiders.

Shares of Masonite International Corp (NYSE DOOR) traded up $0.30 on Friday, hitting $71.30. 107,023 shares of the company traded hands, compared to its average volume of 158,095. The company has a quick ratio of 2.05, a current ratio of 3.12 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $2,029.98, a P/E ratio of 22.14 and a beta of 1.33. Masonite International Corp has a fifty-two week low of $50.40 and a fifty-two week high of $85.30.

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

Several analysts have issued reports on DOOR shares. TheStreet raised shares of Masonite International from a “c+” rating to a “b” rating in a report on Friday, November 24th. B. Riley reaffirmed a “buy” rating on shares of Masonite International in a report on Wednesday, November 1st. Robert W. Baird reaffirmed a “buy” rating and issued a $72.00 price target on shares of Masonite International in a report on Friday, October 20th. Wedbush set a $70.00 price objective on shares of Masonite International and gave the company a “buy” rating in a research note on Saturday, August 12th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $67.00 price objective on shares of Masonite International in a research note on Monday, September 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $76.73.

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Masonite International Profile

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.

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

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