Quadrature Capital Ltd Purchases New Position in Masonite International Co. (NYSE:DOOR)

Quadrature Capital Ltd acquired a new position in shares of Masonite International Co. (NYSE:DOOR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 23,303 shares of the company’s stock, valued at approximately $1,974,000. Quadrature Capital Ltd owned 0.11% of Masonite International as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Signaturefd LLC increased its position in Masonite International by 134.6% in the 4th quarter. Signaturefd LLC now owns 359 shares of the company’s stock valued at $30,000 after acquiring an additional 206 shares during the period. Daiwa Securities Group Inc. bought a new position in Masonite International during the 4th quarter worth $34,000. Parkside Financial Bank & Trust lifted its holdings in Masonite International by 39.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 531 shares of the company’s stock worth $45,000 after buying an additional 151 shares during the period. TFO Wealth Partners LLC grew its position in shares of Masonite International by 39,950.0% in the 4th quarter. TFO Wealth Partners LLC now owns 801 shares of the company’s stock valued at $68,000 after buying an additional 799 shares during the last quarter. Finally, Wolverine Asset Management LLC bought a new position in shares of Masonite International during the fourth quarter worth about $119,000. 97.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on the company. Stifel Nicolaus reiterated a “hold” rating and issued a $133.00 target price (up from $119.00) on shares of Masonite International in a report on Wednesday, February 21st. TheStreet downgraded shares of Masonite International from a “b” rating to a “c+” rating in a research note on Tuesday, February 20th. Wedbush reaffirmed a “neutral” rating and set a $133.00 price target on shares of Masonite International in a research report on Tuesday, February 20th. StockNews.com started coverage on Masonite International in a research report on Tuesday, June 11th. They issued a “hold” rating for the company. Finally, Royal Bank of Canada upped their target price on Masonite International from $87.00 to $133.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 21st. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $116.89.

Masonite International Price Performance

DOOR opened at $132.84 on Tuesday. Masonite International Co. has a 1 year low of $76.87 and a 1 year high of $132.89. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.47 and a quick ratio of 1.57. The company has a market capitalization of $2.92 billion, a price-to-earnings ratio of 21.09, a P/E/G ratio of 6.64 and a beta of 1.63. The firm’s fifty day moving average price is $132.32 and its two-hundred day moving average price is $116.86.

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

About Masonite International

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.