CNA Financial Corp raised its holdings in Masonite International Corp (NYSE:DOOR) by 15.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,464 shares of the company’s stock after purchasing an additional 3,212 shares during the quarter. CNA Financial Corp owned 0.08% of Masonite International worth $1,740,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of DOOR. Public Employees Retirement System of Ohio boosted its holdings in shares of Masonite International by 6.9% in the 2nd 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. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Masonite International in the 3rd quarter valued at $221,000. First Republic Investment Management Inc. acquired a new stake in shares of Masonite International in the 3rd quarter valued at $225,000. California Public Employees Retirement System boosted its holdings in shares of Masonite International by 14.3% in the 2nd quarter. California Public Employees Retirement System now owns 3,200 shares of the company’s stock valued at $242,000 after purchasing an additional 400 shares in the last quarter. Finally, Koch Industries Inc. acquired a new stake in shares of Masonite International in the 2nd quarter valued at $248,000.
A number of brokerages have weighed in on DOOR. Zacks Investment Research downgraded Masonite International from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. TheStreet raised Masonite International from a “c+” rating to a “b” rating in a report on Friday, November 24th. B. Riley raised their price objective on Masonite International from $72.00 to $82.00 and gave the company a “buy” rating in a report on Wednesday, November 15th. Royal Bank of Canada reissued an “outperform” rating and set a $74.00 price objective (up previously from $72.00) on shares of Masonite International in a report on Thursday, November 9th. Finally, BidaskClub raised Masonite International from a “strong sell” rating to a “sell” rating in a report on Thursday, October 26th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $76.60.
Shares of Masonite International Corp (DOOR) opened at $64.45 on Wednesday. The company has a current ratio of 3.12, a quick ratio of 2.05 and a debt-to-equity ratio of 0.93. Masonite International Corp has a twelve month low of $50.40 and a twelve month high of $85.30. The firm has a market capitalization of $1,896.18, a price-to-earnings ratio of 20.68 and a beta of 1.18.
In related news, Director John C. Wills sold 1,015 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $72.70, for a total transaction of $73,790.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider James A. Hair sold 1,600 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $72.34, for a total value of $115,744.00. Following the transaction, the insider now directly owns 4,172 shares of the company’s stock, valued at $301,802.48. The disclosure for this sale can be found here. Company insiders own 2.19% of the company’s stock.
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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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