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Versor Investments LP Purchases 567 Shares of Masonite International Co. (NYSE:DOOR)

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Versor Investments LP increased its stake in shares of Masonite International Co. (NYSE:DOORGet Rating) by 28.3% during the 1st quarter, Holdings Channel.com reports. The fund owned 2,569 shares of the company’s stock after purchasing an additional 567 shares during the quarter. Versor Investments LP’s holdings in Masonite International were worth $228,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Counterpoint Mutual Funds LLC bought a new stake in shares of Masonite International in the 1st quarter worth approximately $84,000. Los Angeles Capital Management LLC purchased a new position in Masonite International during the fourth quarter valued at $204,000. PFS Investments Inc. purchased a new position in Masonite International during the fourth quarter valued at $213,000. American Trust bought a new stake in shares of Masonite International in the 4th quarter worth $280,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Masonite International by 36.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,093 shares of the company’s stock worth $365,000 after purchasing an additional 829 shares in the last quarter.

Analyst Ratings Changes

A number of research firms have commented on DOOR. StockNews.com raised Masonite International from a “hold” rating to a “buy” rating in a report on Wednesday, May 4th. JPMorgan Chase & Co. cut their price target on Masonite International from $110.00 to $93.00 in a report on Friday, July 15th. Finally, Robert W. Baird boosted their price objective on Masonite International from $105.00 to $108.00 and gave the company an “outperform” rating in a research report on Wednesday, June 29th. Four equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $118.25.

Masonite International Trading Down 0.3 %

DOOR opened at $91.03 on Monday. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of 19.04 and a beta of 1.70. The stock’s 50 day moving average price is $83.80 and its 200-day moving average price is $88.13. Masonite International Co. has a one year low of $69.41 and a one year high of $128.87. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.76 and a current ratio of 2.85.

Masonite International (NYSE:DOORGet Rating) last announced its quarterly earnings data on Tuesday, May 3rd. The company reported $2.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.94. Masonite International had a return on equity of 31.23% and a net margin of 4.30%. The company had revenue of $726.00 million for the quarter, compared to analysts’ expectations of $690.03 million. During the same quarter in the prior year, the firm earned $1.93 earnings per share. Masonite International’s revenue was up 12.3% compared to the same quarter last year. On average, equities analysts forecast that Masonite International Co. will post 10.01 EPS for the current year.

Masonite International Profile

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Masonite International Corporation designs, manufactures, markets, 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. It offers molded panel, flush, stile and rail, steel, and fiberglass residential doors, as well as medium-density fiberboard (MDF) and architectural interior doors.

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