Campbell & CO Investment Adviser LLC Takes $210,000 Position in Masonite International Co. (NYSE:DOOR)

Campbell & CO Investment Adviser LLC bought a new position in Masonite International Co. (NYSE:DOOR) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,136 shares of the company’s stock, valued at approximately $210,000.

Other large investors have also recently bought and sold shares of the company. Advisor Group Holdings Inc. purchased a new position in Masonite International during the 1st quarter valued at approximately $37,000. Marshall Wace LLP bought a new position in shares of Masonite International during the 1st quarter valued at approximately $37,000. USA Financial Portformulas Corp purchased a new position in shares of Masonite International in the third quarter valued at $41,000. Cullen Frost Bankers Inc. bought a new stake in Masonite International in the second quarter worth $47,000. Finally, Marshall Wace North America L.P. raised its stake in Masonite International by 85.5% during the first quarter. Marshall Wace North America L.P. now owns 1,441 shares of the company’s stock valued at $72,000 after purchasing an additional 664 shares in the last quarter. Institutional investors own 97.73% of the company’s stock.

DOOR opened at $103.43 on Friday. The business has a fifty day moving average of $95.94 and a 200 day moving average of $76.38. The stock has a market cap of $2.53 billion, a P/E ratio of 32.12 and a beta of 1.70. The company has a quick ratio of 2.01, a current ratio of 2.95 and a debt-to-equity ratio of 1.22. Masonite International Co. has a 52-week low of $34.88 and a 52-week high of $109.84.

Masonite International (NYSE:DOOR) last released its earnings results on Monday, August 3rd. The company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.32. The business had revenue of $499.66 million during the quarter, compared to the consensus estimate of $489.63 million. Masonite International had a return on equity of 18.12% and a net margin of 3.77%. The business’s revenue for the quarter was down 11.2% compared to the same quarter last year. During the same period last year, the company earned $1.09 earnings per share. Equities analysts anticipate that Masonite International Co. will post 5.7 EPS for the current fiscal year.

A number of analysts have recently weighed in on the stock. Benchmark boosted their target price on shares of Masonite International from $100.00 to $125.00 and gave the stock a “buy” rating in a report on Monday, October 5th. Northcoast Research cut Masonite International from a “buy” rating to a “neutral” rating in a research note on Monday, July 20th. Royal Bank of Canada raised their price objective on Masonite International from $111.00 to $116.00 in a research note on Thursday, September 24th. Zacks Investment Research downgraded Masonite International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. Finally, ValuEngine upgraded Masonite International from a “sell” rating to a “hold” rating in a report on Thursday, October 1st. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $94.73.

About Masonite International

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. It 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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