Elmrox Investment Group Im Exits Position in Masonite International Corp (DOOR)

Masonite International Corp (DOOR) : Elmrox Investment Group Im has sold out all of its stake in Masonite International Corp during the most recent quarter, according to the disclosure filed by the company on May 11, 2016 with the SEC. The investment management company has sold out 45,842 shares of Masonite International Corp which is valued at $3.1 Million.

Other Hedge Funds, Including , United Capital Financial Advisers sold out all of its stake in DOOR during the most recent quarter. The investment firm sold 9,551 shares of DOOR which is valued $655,485.Manufacturers Life Insurance Company The boosted its stake in DOOR in the latest quarter, The investment management firm added 558 additional shares and now holds a total of 128,861 shares of Masonite International Corp which is valued at $8.8 Million. Masonite International Corp makes up approx 0.01% of Manufacturers Life Insurance Company The’s portfolio.Blackrock Japan Ltd boosted its stake in DOOR in the latest quarter, The investment management firm added 170 additional shares and now holds a total of 442 shares of Masonite International Corp which is valued at $30,334. Cqs Cayman Lp sold out all of its stake in DOOR during the most recent quarter. The investment firm sold 75,850 shares of DOOR which is valued $5.2 Million.Rhumbline Advisers boosted its stake in DOOR in the latest quarter, The investment management firm added 560 additional shares and now holds a total of 30,412 shares of Masonite International Corp which is valued at $2.1 Million. Masonite International Corp makes up approx 0.01% of Rhumbline Advisers’s portfolio.

Masonite International Corp opened for trading at $68.67 and hit $69.8321 on the upside on Monday, eventually ending the session at $69.19, with a gain of 0.82% or 0.56 points. The heightened volatility saw the trading volume jump to 1,51,123 shares. Company has a market cap of $2,097 M.

On the company’s financial health, Masonite International Corp reported $0.57 EPS for the quarter, beating the analyst consensus estimate by $ 0.15 according to the earnings call on May 4, 2016. Analyst had a consensus of $0.42. The company had revenue of $489.30 million for the quarter, compared to analysts expectations of $464.66 million. The company’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.10 EPS.

Many Wall Street Analysts have commented on Masonite International Corp. Company shares were Reiterated by Imperial Capital on May 6, 2016 to “Outperform”, Firm has raised the Price Target to $ 82.50 from a previous price target of $80 .Company shares were Reiterated by FBR Capital on May 6, 2016 to “Outperform”, Firm has raised the Price Target to $ 89 from a previous price target of $87 .Robert W. Baird Initiated Masonite International Corp on Apr 8, 2016 to “Outperform”, Price Target of the shares are set at $75.

Masonite International Corporation is a designer and manufacturer of interior and exterior doors for residential construction residential repair renovation and remodeling and the non-residential building construction markets. The Company markets and sells its products to remodeling contractors builders homeowners retailers dealers lumberyards commercial and general contractors and architects through wholesale and retail distribution channels. Its portfolio of brands include Masonite Marshfield Premdor Mohawk Megantic Algoma Birchwood Best Lemieux Door-Stop and Harring Doors among others. Its other products also include the Vista Grande Storm Guard AvantGuard and Heritage Collection. Its product lines include residential doors architectural doors and components. The Company operates under the following geographical segments: North America; Europe Asia and Latin America and Africa.

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