Masonite International Corporation (NYSE:DOOR) Shares Sold by Rothschild Asset Management Inc.

Rothschild Asset Management Inc. decreased its position in shares of Masonite International Corporation (NYSE:DOOR) by 5.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,833 shares of the company’s stock after selling 1,819 shares during the period. Rothschild Asset Management Inc. owned approximately 0.11% of Masonite International Corporation worth $2,554,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in DOOR. Vanguard Group Inc. increased its position in shares of Masonite International Corporation by 3.0% in the first quarter. Vanguard Group Inc. now owns 2,351,329 shares of the company’s stock worth $186,343,000 after buying an additional 68,943 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Masonite International Corporation by 84,431.7% in the first quarter. BlackRock Inc. now owns 2,133,580 shares of the company’s stock valued at $169,086,000 after buying an additional 2,131,056 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Masonite International Corporation by 20.2% in the first quarter. Wellington Management Group LLP now owns 1,789,122 shares of the company’s stock valued at $141,789,000 after buying an additional 301,135 shares during the last quarter. Praesidium Investment Management Company LLC boosted its stake in shares of Masonite International Corporation by 30.7% in the first quarter. Praesidium Investment Management Company LLC now owns 1,152,496 shares of the company’s stock valued at $91,335,000 after buying an additional 270,891 shares during the last quarter. Finally, Clearbridge Investments LLC boosted its stake in shares of Masonite International Corporation by 71.2% in the first quarter. Clearbridge Investments LLC now owns 955,984 shares of the company’s stock valued at $75,762,000 after buying an additional 397,684 shares during the last quarter. Institutional investors own 97.91% of the company’s stock.

Masonite International Corporation (NYSE:DOOR) traded down 0.66% on Friday, hitting $60.50. The stock had a trading volume of 401,941 shares. The company has a 50 day moving average price of $72.84 and a 200-day moving average price of $75.40. Masonite International Corporation has a 52-week low of $50.40 and a 52-week high of $85.30. The company has a market cap of $1.79 billion, a price-to-earnings ratio of 19.00 and a beta of 1.26.

Masonite International Corporation (NYSE:DOOR) last issued its quarterly earnings data on Wednesday, August 9th. The company reported $0.89 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.11 by $0.22. The company had revenue of $519.70 million during the quarter, compared to analyst estimates of $547.79 million. Masonite International Corporation had a net margin of 4.95% and a return on equity of 14.01%. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period last year, the firm earned $1.02 EPS. On average, equities research analysts predict that Masonite International Corporation will post $3.37 earnings per share for the current year.

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Several equities research analysts recently weighed in on the company. Instinet reaffirmed a “buy” rating and issued a $77.00 price target (down from $86.00) on shares of Masonite International Corporation in a research note on Thursday, August 10th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $92.00 price target on shares of Masonite International Corporation in a research note on Monday, July 24th. Stifel Nicolaus cut Masonite International Corporation from a “buy” rating to a “hold” rating and cut their target price for the stock from $85.00 to $72.00 in a research note on Friday, August 11th. Zacks Investment Research raised Masonite International Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 18th. Finally, Wedbush reissued an “outperform” rating and issued a $85.00 target price on shares of Masonite International Corporation in a research note on Friday, June 16th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $76.22.

In other Masonite International Corporation news, Director Robert J. Byrne purchased 1,500 shares of Masonite International Corporation stock in a transaction that occurred on Wednesday, August 16th. The stock was bought at an average price of $60.81 per share, with a total value of $91,215.00. Following the acquisition, the director now owns 9,633 shares of the company’s stock, valued at approximately $585,782.73. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 2.19% of the company’s stock.

About Masonite International Corporation

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.

Institutional Ownership by Quarter for Masonite International Corporation (NYSE:DOOR)

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