LMR Partners LLP increased its holdings in Masco Corp (NYSE:MAS) by 138.6% during the 4th quarter, Holdings Channel reports. The firm owned 22,165 shares of the construction company’s stock after buying an additional 12,876 shares during the period. LMR Partners LLP’s holdings in Masco were worth $974,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Ameritas Investment Partners Inc. increased its position in Masco by 1.4% in the second quarter. Ameritas Investment Partners Inc. now owns 7,474 shares of the construction company’s stock worth $286,000 after purchasing an additional 105 shares during the last quarter. Krilogy Financial LLC increased its position in Masco by 2.8% in the second quarter. Krilogy Financial LLC now owns 7,410 shares of the construction company’s stock worth $283,000 after purchasing an additional 200 shares during the last quarter. Advisory Services Network LLC increased its position in Masco by 27.6% in the second quarter. Advisory Services Network LLC now owns 3,532 shares of the construction company’s stock worth $135,000 after purchasing an additional 763 shares during the last quarter. Green Square Capital LLC increased its position in Masco by 8.2% in the second quarter. Green Square Capital LLC now owns 16,952 shares of the construction company’s stock worth $648,000 after purchasing an additional 1,287 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec increased its position in Masco by 2.1% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 62,808 shares of the construction company’s stock worth $2,460,000 after purchasing an additional 1,300 shares during the last quarter. Institutional investors own 89.30% of the company’s stock.

Masco Corp (MAS) opened at $44.07 on Friday. The company has a quick ratio of 1.43, a current ratio of 1.94 and a debt-to-equity ratio of 49.48. The company has a market cap of $14,048.49 and a PE ratio of 24.27. Masco Corp has a 1-year low of $31.29 and a 1-year high of $46.44.

The business also recently declared a quarterly dividend, which will be paid on Monday, February 12th. Stockholders of record on Friday, January 12th will be issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, January 11th. Masco’s payout ratio is presently 25.00%.

MAS has been the topic of several research reports. Zacks Investment Research upgraded shares of Masco from a “sell” rating to a “buy” rating and set a $49.00 price target on the stock in a research report on Wednesday, January 3rd. Barclays set a $45.00 price target on shares of Masco and gave the stock a “buy” rating in a research report on Wednesday, October 25th. FBR & Co restated a “buy” rating and issued a $46.00 price target (up previously from $43.00) on shares of Masco in a research report on Wednesday, October 25th. Nomura set a $45.00 price target on shares of Masco and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Finally, B. Riley reiterated a “buy” rating on shares of Masco in a research report on Wednesday, November 1st. Eight research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Masco currently has an average rating of “Buy” and an average target price of $44.13.

In other news, Director Lokeren Mary Ann Van sold 16,850 shares of the company’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $38.85, for a total value of $654,622.50. Following the transaction, the director now directly owns 47,909 shares in the company, valued at $1,861,264.65. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Renee Straber sold 2,574 shares of the company’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $42.55, for a total transaction of $109,523.70. Following the completion of the transaction, the vice president now owns 65,423 shares in the company, valued at $2,783,748.65. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

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Masco Profile

Masco Corporation designs, manufactures, markets and distributes branded home improvement and building products. The Company operates through four business segments: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows and Other Specialty Products. The Company’s portfolio of brands includes BEHR paint; DELTA and HANSGROHE faucets, bath and shower fixtures; KRAFTMAID and MERILLAT cabinets; MILGARD windows and doors, and HOT SPRING spas.

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Institutional Ownership by Quarter for Masco (NYSE:MAS)

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