California Public Employees Retirement System increased its position in Masonite International Corp (NYSE:DOOR) by 83.5% during the third quarter, HoldingsChannel.com reports. The fund owned 5,873 shares of the company’s stock after purchasing an additional 2,673 shares during the quarter. California Public Employees Retirement System’s holdings in Masonite International were worth $406,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in DOOR. Legal & General Group Plc increased its holdings in shares of Masonite International by 12.2% in the 2nd quarter. Legal & General Group Plc now owns 11,326 shares of the company’s stock worth $858,000 after acquiring an additional 1,230 shares during the period. Prudential Financial Inc. increased its stake in Masonite International by 1.1% during the 2nd quarter. Prudential Financial Inc. now owns 3,520 shares of the company’s stock valued at $266,000 after buying an additional 40 shares during the period. Principal Financial Group Inc. increased its stake in Masonite International by 46.3% during the 2nd quarter. Principal Financial Group Inc. now owns 6,297 shares of the company’s stock valued at $475,000 after buying an additional 1,994 shares during the period. BlackRock Inc. increased its stake in Masonite International by 0.6% during the 2nd quarter. BlackRock Inc. now owns 2,145,898 shares of the company’s stock valued at $162,015,000 after buying an additional 12,318 shares during the period. Finally, Amalgamated Bank increased its stake in Masonite International by 2.8% during the 2nd quarter. Amalgamated Bank now owns 3,827 shares of the company’s stock valued at $289,000 after buying an additional 105 shares during the period.

Several equities analysts have commented on the stock. B. Riley reissued a “buy” rating on shares of Masonite International in a research note on Wednesday, November 1st. TheStreet raised shares of Masonite International from a “c+” rating to a “b” rating in a research note on Friday, November 24th. Wedbush cut shares of Masonite International from an “outperform” rating to a “neutral” rating and set a $70.00 target price on the stock. in a research note on Tuesday, October 3rd. BidaskClub cut shares of Masonite International from a “sell” rating to a “strong sell” rating in a research note on Wednesday, November 1st. Finally, Zacks Investment Research raised shares of Masonite International from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. Masonite International has a consensus rating of “Hold” and an average price target of $76.60.

Masonite International Corp (DOOR) opened at $72.95 on Friday. The company has a market cap of $2,052.77, a PE ratio of 23.09 and a beta of 1.33. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.05 and a current ratio of 3.12. Masonite International Corp has a 52 week low of $50.40 and a 52 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, topping the Thomson Reuters’ consensus estimate of $0.92 by $0.08. The company had revenue of $517.50 million for the quarter, compared to analysts’ expectations of $509.04 million. Masonite International had a net margin of 4.75% and a return on equity of 14.38%. The business’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 EPS. equities research analysts forecast that Masonite International Corp will post 3.48 earnings per share for the current year.

In other news, Director John C. Wills sold 1,015 shares of Masonite International stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $72.70, for a total value of $73,790.50. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider James A. Hair sold 1,600 shares of Masonite International 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 completion of the transaction, the insider now directly owns 4,172 shares in the company, valued at approximately $301,802.48. The disclosure for this sale can be found here. Insiders sold a total of 4,015 shares of company stock worth $288,263 in the last ninety days. Corporate 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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Institutional Ownership by Quarter for Masonite International (NYSE:DOOR)

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