Dimensional Fund Advisors LP Increases Holdings in Masonite International Co. (NYSE:DOOR)

Dimensional Fund Advisors LP increased its position in Masonite International Co. (NYSE:DOOR) by 2.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 780,024 shares of the company’s stock after purchasing an additional 18,335 shares during the period. Dimensional Fund Advisors LP owned 3.56% of Masonite International worth $66,038,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in DOOR. Wellington Management Group LLP purchased a new stake in shares of Masonite International in the 3rd quarter valued at about $13,283,000. BNP Paribas Financial Markets lifted its holdings in shares of Masonite International by 280.2% in the 4th quarter. BNP Paribas Financial Markets now owns 85,143 shares of the company’s stock valued at $7,208,000 after purchasing an additional 62,750 shares during the last quarter. Boston Partners raised its stake in Masonite International by 21.6% during the 3rd quarter. Boston Partners now owns 265,172 shares of the company’s stock valued at $24,200,000 after acquiring an additional 47,152 shares during the last quarter. National Bank of Canada FI purchased a new stake in Masonite International during the 4th quarter valued at approximately $2,626,000. Finally, Qube Research & Technologies Ltd raised its stake in Masonite International by 143.9% during the 3rd quarter. Qube Research & Technologies Ltd now owns 51,710 shares of the company’s stock valued at $4,820,000 after acquiring an additional 30,512 shares during the last quarter. 97.07% of the stock is owned by hedge funds and other institutional investors.

Masonite International Stock Up 0.1 %

DOOR stock opened at $132.84 on Monday. The company has a market cap of $2.92 billion, a P/E ratio of 21.09, a P/E/G ratio of 6.64 and a beta of 1.63. Masonite International Co. has a 52 week low of $76.87 and a 52 week high of $132.89. The company’s 50-day moving average price is $131.82 and its 200 day moving average price is $111.65. The company has a current ratio of 2.47, a quick ratio of 1.57 and a debt-to-equity ratio of 1.13.

Masonite International (NYSE:DOOR) last released its quarterly earnings data on Monday, May 6th. The company reported $1.29 EPS for the quarter, missing analysts’ consensus estimates of $2.05 by ($0.76). The company had revenue of $668.34 million for the quarter, compared to analysts’ expectations of $715.38 million. Masonite International had a return on equity of 17.82% and a net margin of 5.08%. The firm’s quarterly revenue was down 7.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.88 EPS. On average, research analysts expect that Masonite International Co. will post 10 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DOOR has been the subject of several analyst reports. Wedbush reaffirmed a “neutral” rating and set a $133.00 price objective on shares of Masonite International in a research note on Tuesday, February 20th. TheStreet downgraded Masonite International from a “b” rating to a “c+” rating in a research note on Tuesday, February 20th. Royal Bank of Canada upped their price objective on Masonite International from $87.00 to $133.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 21st. Stifel Nicolaus reaffirmed a “hold” rating and set a $133.00 price objective (up from $119.00) on shares of Masonite International in a research note on Wednesday, February 21st. Finally, StockNews.com began coverage on Masonite International in a research note on Sunday. They set a “hold” rating for the company. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $116.89.

Insider Buying and Selling at Masonite International

In other Masonite International news, insider Christopher O. Ball sold 396 shares of the company’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total value of $51,503.76. Following the sale, the insider now owns 13,263 shares of the company’s stock, valued at $1,724,985.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Masonite International news, SVP James C. Pelletier sold 262 shares of the company’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $130.06, for a total value of $34,075.72. Following the sale, the senior vice president now owns 12,739 shares of the company’s stock, valued at $1,656,834.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Christopher O. Ball sold 396 shares of the company’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 completion of the sale, the insider now directly owns 13,263 shares in the company, valued at approximately $1,724,985.78. The disclosure for this sale can be found here. Insiders have sold 741 shares of company stock valued at $96,374 over the last quarter. Corporate 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.