Masonite International Corp (DOOR) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in shares of Masonite International Corp (NYSE:DOOR) by 2,061.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,221 shares of the company’s stock after buying an additional 51,713 shares during the quarter. SG Americas Securities LLC owned about 0.20% of Masonite International worth $2,431,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of DOOR. Public Employees Retirement Association of Colorado grew its position in Masonite International by 167.1% in the third quarter. Public Employees Retirement Association of Colorado now owns 1,608 shares of the company’s stock valued at $103,000 after acquiring an additional 1,006 shares during the period. Franklin Resources Inc. bought a new stake in Masonite International in the third quarter valued at $207,000. BB&T Corp grew its position in Masonite International by 4.3% in the fourth quarter. BB&T Corp now owns 6,019 shares of the company’s stock valued at $269,000 after acquiring an additional 246 shares during the period. Virtu Financial LLC bought a new stake in shares of Masonite International during the fourth quarter worth $292,000. Finally, Xact Kapitalforvaltning AB grew its holdings in shares of Masonite International by 40.5% during the fourth quarter. Xact Kapitalforvaltning AB now owns 6,944 shares of the company’s stock worth $311,000 after purchasing an additional 2,000 shares during the last quarter. Institutional investors own 95.26% of the company’s stock.

Shares of DOOR stock opened at $54.82 on Monday. The company has a current ratio of 3.26, a quick ratio of 2.23 and a debt-to-equity ratio of 1.13. The firm has a market cap of $1.45 billion, a PE ratio of 16.46 and a beta of 1.48. Masonite International Corp has a 52 week low of $43.76 and a 52 week high of $73.40.

Several analysts have recently commented on the company. Robert W. Baird set a $72.00 target price on Masonite International and gave the stock a “buy” rating in a report on Tuesday, October 16th. B. Riley cut Masonite International from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $66.00 to $56.00 in a report on Friday, February 1st. Zacks Investment Research cut Masonite International from a “hold” rating to a “sell” rating in a report on Tuesday, November 6th. Royal Bank of Canada set a $58.00 target price on Masonite International and gave the stock a “buy” rating in a report on Tuesday, February 5th. Finally, Wedbush decreased their target price on Masonite International from $67.00 to $60.00 and set a “neutral” rating on the stock in a report on Tuesday, November 13th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $63.29.

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

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