Could Masco Corporation (NYSE:MAS) Skyrocket? The Stock Has Too Many Sellers

February 15, 2018 - By reb123z

 Could Masco Corporation (NYSE:MAS) Skyrocket? The Stock Has Too Many Sellers

Investors sentiment decreased to 0.98 in Q3 2017. Its down 0.08, from 1.06 in 2017Q2. It dropped, as 49 investors sold Masco Corporation shares while 180 reduced holdings. 60 funds opened positions while 165 raised stakes. 275.40 million shares or 0.11% more from 275.10 million shares in 2017Q2 were reported.
Cibc Asset Mngmt stated it has 0.01% of its portfolio in Masco Corporation (NYSE:MAS). Old Mutual Global Investors (Uk) Limited owns 0.16% invested in Masco Corporation (NYSE:MAS) for 383,393 shares. Fdx has invested 0.02% in Masco Corporation (NYSE:MAS). Manufacturers Life Insur The reported 315,088 shares. 9,935 are held by Moneta Inv Ltd Llc. Great West Life Assurance Can has 0.02% invested in Masco Corporation (NYSE:MAS) for 227,638 shares. Greenwood Associate Ltd Limited Liability Company owns 0.08% invested in Masco Corporation (NYSE:MAS) for 8,710 shares. Los Angeles Capital Equity Rech holds 124,071 shares or 0.03% of its portfolio. Btc Capital Mngmt Inc reported 118,962 shares. Capital Fund reported 0.07% of its portfolio in Masco Corporation (NYSE:MAS). South Street Advisors Ltd holds 0.05% in Masco Corporation (NYSE:MAS) or 6,500 shares. Paloma Prns holds 0.01% or 18,669 shares in its portfolio. Robecosam Ag reported 1.16% in Masco Corporation (NYSE:MAS). Banque Pictet & Cie stated it has 0.01% in Masco Corporation (NYSE:MAS). Qs Limited Co reported 151,598 shares stake.

Since September 8, 2017, it had 0 insider buys, and 4 sales for $2.95 million activity. Sznewajs John G sold $2.09M worth of stock or 52,511 shares. Lindow John P sold $682,254 worth of stock or 17,026 shares. Cole Kenneth G. sold 2,266 shares worth $84,663.

The stock of Masco Corporation (NYSE:MAS) registered an increase of 49.48% in short interest. MAS’s total short interest was 8.56 million shares in February as published by FINRA. Its up 49.48% from 5.72M shares, reported previously. With 2.16 million shares average volume, it will take short sellers 4 days to cover their MAS’s short positions.

The stock decreased 0.42% or $0.18 during the last trading session, reaching $42.76. About 761,620 shares traded. Masco Corporation (NYSE:MAS) has risen 18.02% since February 15, 2017 and is uptrending. It has outperformed by 1.32% the S&P500.

Masco Corporation designs, manufactures, markets, and distributes home improvement and building products worldwide. The company has market cap of $13.40 billion. The Company’s Plumbing Products segment provides faucets, showerheads, handheld showers, valves, bathing units, shower enclosures, toilets, acrylic tubs, shower trays, spas products, exercise pools and systems, brass and copper plumbing system components, and other non-decorative plumbing products. It has a 25.76 P/E ratio. The companyÂ’s Decorative Architectural Products segment offers architectural coatings, including paints, primers, specialty paints, stains, and waterproofing products; cabinet, door, window, and hardware products; and functional hardware, wall plates, hook and rail products, and picture hanging accessories, as well as decorative bath hardware, shower accessories, and shower doors.

Masco Corporation (NYSE:MAS) Ratings Coverage

Among 23 analysts covering Masco (NYSE:MAS), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Masco had 60 analyst reports since July 28, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $4400 target in Friday, July 28 report. The stock of Masco Corporation (NYSE:MAS) has “Hold” rating given on Thursday, March 31 by Vertical Research. The firm earned “Buy” rating on Tuesday, November 14 by RBC Capital Markets. The firm has “Buy” rating by Robert W. Baird given on Monday, August 28. On Friday, January 5 the stock rating was downgraded by J.P. Morgan to “Hold”. The firm has “In-Line” rating given on Wednesday, January 3 by Evercore. As per Thursday, September 29, the company rating was initiated by Wells Fargo. The rating was initiated by Goldman Sachs on Tuesday, October 6 with “Buy”. The company was upgraded on Friday, January 22 by Robert W. Baird. The company was upgraded on Tuesday, July 28 by SunTrust.

More notable recent Masco Corporation (NYSE:MAS) news were published by: Nasdaq.com which released: “Masco Corp. Bottom Line Rises In Q4” on February 08, 2018, also Seekingalpha.com with their article: “Masco Corporation 2017 10-K Highlights” published on February 15, 2018, Streetinsider.com published: “Form 4 MASCO CORP /DE/ For: Feb 09 Filed by: Cole Kenneth G.” on February 13, 2018. More interesting news about Masco Corporation (NYSE:MAS) were released by: Businesswire.com and their article: “Masco Corporation Reports Fourth Quarter and 2017 Year-End Results” published on February 08, 2018 as well as Businesswire.com‘s news article titled: “Masco Corporation Announces Live Webcast of Presentation at Investor …” with publication date: February 09, 2018.

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