After Today’s Bullish Options Activity, Is Masco Corp’s Near-Term Analysis Positive?

 After Today's Bullish Options Activity, Is Masco Corp's Near Term Analysis Positive?

In today’s session Masco Corp (MAS) registered an unusually high (195) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious MAS increase. With 195 contracts traded and 37364 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: MAS170120C00032000 closed last at: $0.75 or 7.1% up. About 943,202 shares traded hands. Masco Corp (NYSE:MAS) has declined 2.52% since April 8, 2016 and is downtrending. It has underperformed by 8.17% the S&P500.

Masco Corp (NYSE:MAS) Ratings Coverage

Out of 15 analysts covering Masco (NYSE:MAS), 13 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 87% are positive. $42 is the highest target while $26 is the lowest. The $34.28 average target is 9.38% above today’s ($31.34) stock price. Masco has been the topic of 18 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by M Partners on Tuesday, July 28. The firm earned “Buy” rating on Monday, January 25 by Evercore. The firm earned “Overweight” rating on Thursday, March 24 by JP Morgan. The firm has “Buy” rating by UBS given on Friday, January 15. Barclays Capital upgraded Masco Corp (NYSE:MAS) rating on Wednesday, October 28. Barclays Capital has “Overweight” rating and $36 price target. The firm earned “Outperform” rating on Wednesday, October 26 by RBC Capital Markets. The firm has “Outperform” rating given on Thursday, September 29 by Wells Fargo. As per Tuesday, October 13, the company rating was maintained by Barclays Capital. The rating was maintained by Barclays Capital on Thursday, April 7 with “Overweight”. Bank of America reinitiated Masco Corp (NYSE:MAS) rating on Friday, September 23. Bank of America has “Buy” rating and $41 price target.

According to Zacks Investment Research, “Masco Corporation is the country’s leading manufacturer of home improvement and building products that bring the highest quality and value to your home and family. Although Masco may not yet be a household word, you probably recognize some of our family members. Currently, we have over 30 quality building products manufacturers in our family.”

Insitutional Activity: The institutional sentiment increased to 0.99 in 2016 Q2. Its up 0.05, from 0.94 in 2016Q1. The ratio increased, as 48 funds sold all Masco Corp shares owned while 187 reduced positions. 57 funds bought stakes while 176 increased positions. They now own 295.06 million shares or 5.25% less from 311.42 million shares in 2016Q1.
Brown Brothers Harriman And Co accumulated 0% or 208 shares. Blackrock Advsr Limited Company has 1.38M shares for 0.04% of their US portfolio. Glenmede Tru Na last reported 0.15% of its portfolio in the stock. The Pennsylvania-based Stevens Mngmt L P has invested 0.32% in Masco Corp (NYSE:MAS). Anchor Bolt Capital Lp has 683,864 shares for 0.74% of their US portfolio. Voya Invest Mngmt Lc holds 0.23% or 3.07 million shares in its portfolio. Moreover, Central Commercial Bank & has 2.13% invested in Masco Corp (NYSE:MAS) for 239,796 shares. Fiduciary Co reported 20,519 shares or 0.02% of all its holdings. Renaissance Inv Group Ltd Com accumulated 151,871 shares or 2.33% of the stock. Suntrust Banks holds 0.01% or 26,830 shares in its portfolio. The Illinois-based Great Lakes Lc has invested 0.01% in Masco Corp (NYSE:MAS). Moreover, Wesbanco Comml Bank Inc has 0.21% invested in Masco Corp (NYSE:MAS) for 113,024 shares. Advisors Cap Management Limited Com has 0.64% invested in the company for 201,879 shares. National Pension Serv accumulated 259,715 shares or 0.07% of the stock. Dubuque Retail Bank, a Iowa-based fund reported 172 shares.

Insider Transactions: Since May 23, 2016, the stock had 0 insider purchases, and 9 insider sales for $6.89 million net activity. Shares for $2.44M were sold by MANOOGIAN RICHARD A. Straber Renee sold $120,439 worth of stock or 3,694 shares. On Thursday, July 28 the insider Sznewajs John G sold $720,414. 3,609 shares were sold by Cole Kenneth G., worth $134,345 on Thursday, July 28. PLANT JOHN C also sold $255,814 worth of Masco Corp (NYSE:MAS) shares. Another trade for 4,085 shares valued at $149,236 was made by Kastner Christopher K. on Friday, July 29. Shares for $170,342 were sold by PAYNE LISA A on Tuesday, November 8.

Masco Corporation designs, manufactures, markets and distributes branded home improvement and building products. The company has a market cap of $10.45 billion. The Firm operates through four business divisions: Cabinets and Related Products, Plumbing Products, Decorative Architectural Products and Other Specialty Products. It has a 22.41 P/E ratio. It has a portfolio of brands, which includes KRAFTMAID, MERILLAT and PEERLESS.

MAS Company Profile

Masco Corporation, incorporated on June 15, 1962, designs, makes, markets and distributes branded home improvement and building products. The Firm operates through four business divisions: Cabinets and Related Products, Plumbing Products, Decorative Architectural Products and Other Specialty Products. The Firm has a portfolio of brands, which includes KRAFTMAID, MERILLAT, HANSGROHE, HOT SPRING, CALDERA, BEHR, KILZ, LIBERTY, BRAINERD, MILGARD, DELTA and PEERLESS.

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