Renaissance Technologies LLC Increases Holdings in Masonite International Corp (NYSE:DOOR)
Renaissance Technologies LLC grew its holdings in shares of Masonite International Corp (NYSE:DOOR) by 29.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 269,300 shares of the company’s stock after buying an additional 61,000 shares during the period. Renaissance Technologies LLC owned 1.08% of Masonite International worth $14,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently bought and sold shares of DOOR. Clearbridge Investments LLC raised its stake in Masonite International by 1.9% during the 1st quarter. Clearbridge Investments LLC now owns 2,034,001 shares of the company’s stock valued at $101,476,000 after acquiring an additional 38,105 shares during the last quarter. Pzena Investment Management LLC increased its position in Masonite International by 3.2% during the 2nd quarter. Pzena Investment Management LLC now owns 1,022,315 shares of the company’s stock worth $53,856,000 after purchasing an additional 31,889 shares during the period. Dimensional Fund Advisors LP increased its position in Masonite International by 3.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 627,512 shares of the company’s stock worth $28,133,000 after purchasing an additional 18,647 shares during the period. OppenheimerFunds Inc. increased its position in Masonite International by 2.5% during the 1st quarter. OppenheimerFunds Inc. now owns 432,110 shares of the company’s stock worth $21,558,000 after purchasing an additional 10,667 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Masonite International by 4.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 329,126 shares of the company’s stock worth $17,252,000 after purchasing an additional 13,894 shares during the period. 96.87% of the stock is owned by institutional investors and hedge funds.
Shares of DOOR traded down $0.28 on Friday, reaching $57.65. The stock had a trading volume of 540 shares, compared to its average volume of 99,623. The firm has a market capitalization of $1.44 billion, a PE ratio of 15.68 and a beta of 1.33. The company has a quick ratio of 1.70, a current ratio of 2.62 and a debt-to-equity ratio of 1.51. The firm has a 50-day moving average of $52.28 and a 200 day moving average of $52.02. Masonite International Corp has a twelve month low of $43.76 and a twelve month high of $68.20.
Several research firms have issued reports on DOOR. Wedbush reiterated a “neutral” rating on shares of Masonite International in a research report on Wednesday, August 7th. Zacks Investment Research cut Masonite International from a “hold” rating to a “sell” rating in a report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $60.88.
Masonite International Company Profile
Masonite International Corporation designs, manufactures, and distributes interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. The company offers molded panel, flush, stile and rail, routed medium-density fiberboard (MDF), steel, and fiberglass residential doors, as well as architectural interior doors.
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