Natixis Advisors L.P. Grows Position in Masonite International Co. (NYSE:DOOR)

Natixis Advisors L.P. increased its holdings in shares of Masonite International Co. (NYSE:DOOR) by 7.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 162,118 shares of the company’s stock after purchasing an additional 10,674 shares during the quarter. Natixis Advisors L.P. owned 0.74% of Masonite International worth $13,724,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. London Co. of Virginia grew its stake in shares of Masonite International by 1.1% in the third quarter. London Co. of Virginia now owns 332,697 shares of the company’s stock worth $31,014,000 after acquiring an additional 3,489 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Masonite International by 0.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 322,159 shares of the company’s stock worth $30,032,000 after purchasing an additional 1,874 shares during the period. American Century Companies Inc. raised its position in Masonite International by 7.2% in the 3rd quarter. American Century Companies Inc. now owns 318,677 shares of the company’s stock valued at $29,707,000 after purchasing an additional 21,292 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Masonite International by 3.6% in the 3rd quarter. Invesco Ltd. now owns 286,421 shares of the company’s stock valued at $26,700,000 after buying an additional 9,909 shares during the period. Finally, Boston Partners grew its position in shares of Masonite International by 21.6% during the third quarter. Boston Partners now owns 265,172 shares of the company’s stock worth $24,200,000 after buying an additional 47,152 shares in the last quarter. Institutional investors and hedge funds own 97.07% of the company’s stock.

Masonite International Stock Down 0.0 %

Shares of NYSE DOOR opened at $132.67 on Wednesday. The business has a 50-day moving average price of $131.24 and a 200 day moving average price of $106.93. The stock has a market cap of $2.92 billion, a PE ratio of 25.17, a price-to-earnings-growth ratio of 6.64 and a beta of 1.63. The company has a quick ratio of 1.42, a current ratio of 2.42 and a debt-to-equity ratio of 1.22. Masonite International Co. has a 52-week low of $76.87 and a 52-week high of $132.85.

Masonite International (NYSE:DOOR) last posted its quarterly earnings data on Monday, May 6th. The company reported $1.29 earnings per share for the quarter, missing the consensus estimate of $2.05 by ($0.76). The firm had revenue of $668.34 million during the quarter, compared to analyst estimates of $715.38 million. Masonite International had a net margin of 4.18% and a return on equity of 20.17%. Masonite International’s revenue was down 7.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.88 earnings per share. Equities research analysts forecast that Masonite International Co. will post 10 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Oppenheimer initiated 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. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $133.00 target price (up previously from $115.00) on shares of Masonite International in a research note on Monday, February 12th. Wedbush restated a “neutral” rating and issued a $133.00 price target on shares of Masonite International in a research note on Tuesday, February 20th. TheStreet cut Masonite International from a “b” rating to a “c+” rating in a research report on Tuesday, February 20th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $133.00 target price (up previously from $119.00) on shares of Masonite International in a research report on Wednesday, February 21st. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $116.89.

Insiders Place Their Bets

In related news, insider Robert Paxton sold 721 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $129.95, for a total value of $93,693.95. Following the sale, the insider now owns 20,798 shares in the company, valued at approximately $2,702,700.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, insider Robert Paxton sold 721 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $129.95, for a total value of $93,693.95. Following the sale, the insider now directly owns 20,798 shares in the company, valued at approximately $2,702,700.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Christopher O. Ball sold 396 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total transaction of $51,503.76. Following the transaction, the insider now owns 13,263 shares of the company’s stock, valued at $1,724,985.78. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,641 shares of company stock valued at $213,329. Insiders own 1.21% of the company’s stock.

Masonite International Company 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.