Teton Advisors Lowered Its Holding in Entegris Com (ENTG) as Stock Rose; As Masco Corp. (MAS) Market Value Rose, Third Avenue Management Has Decreased Holding

February 21, 2018 - By Nellie Frank

Martin Whitman decreased its stake in Masco Corp. (MAS) by 28.63% based on its latest 2017Q3 regulatory filing with the SEC. Third Avenue Management Llc sold 223,101 shares as the company’s stock rose 10.38% with the market. The hedge fund run by Martin Whitman held 556,045 shares of the forest products company at the end of 2017Q3, valued at $21.69 million, down from 779,146 at the end of the previous reported quarter. Third Avenue Management Llc who had been investing in Masco Corp. for a number of months, seems to be less bullish one the $13.44 billion market cap company. The stock increased 0.87% or $0.37 during the last trading session, reaching $42.89. About 952,765 shares traded. Masco Corporation (NYSE:MAS) has risen 18.02% since February 21, 2017 and is uptrending. It has outperformed by 1.32% the S&P500.

Teton Advisors Inc decreased its stake in Entegris Inc Com (ENTG) by 11.36% based on its latest 2017Q3 regulatory filing with the SEC. Teton Advisors Inc sold 33,900 shares as the company’s stock rose 6.38% with the market. The institutional investor held 264,400 shares of the consumer non-durables company at the end of 2017Q3, valued at $7.63 million, down from 298,300 at the end of the previous reported quarter. Teton Advisors Inc who had been investing in Entegris Inc Com for a number of months, seems to be less bullish one the $4.75 billion market cap company. The stock decreased 0.15% or $0.05 during the last trading session, reaching $33.6. About 220,064 shares traded. Entegris, Inc. (NASDAQ:ENTG) has risen 78.11% since February 21, 2017 and is uptrending. It has outperformed by 61.41% the S&P500.

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. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, October 26. The stock of Masco Corporation (NYSE:MAS) earned “Buy” rating by Jefferies on Wednesday, October 11. As per Monday, August 28, the company rating was maintained by Robert W. Baird. FBR Capital maintained the stock with “Buy” rating in Friday, February 9 report. UBS upgraded the shares of MAS in report on Friday, January 15 to “Buy” rating. The stock has “Buy” rating by Bank of America on Friday, September 23. The company was maintained on Thursday, October 26 by Argus Research. As per Wednesday, October 25, the company rating was maintained by Robert W. Baird. The stock of Masco Corporation (NYSE:MAS) earned “Buy” rating by SunTrust on Tuesday, July 28. The stock of Masco Corporation (NYSE:MAS) has “Outperform” rating given on Friday, December 16 by Macquarie Research.

Investors sentiment decreased to 0.98 in Q3 2017. Its down 0.08, from 1.06 in 2017Q2. It turned negative, as 49 investors sold MAS 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. American Gru stated it has 0.02% of its portfolio in Masco Corporation (NYSE:MAS). First Trust Advisors Limited Partnership stated it has 141,628 shares. Bancorporation Of Nova Scotia owns 55,481 shares. Nomura Asset Management invested 0.02% of its portfolio in Masco Corporation (NYSE:MAS). Bonness Entertainment holds 1.38% or 49,300 shares in its portfolio. Atlantic Trust Group Inc Llc has 0.05% invested in Masco Corporation (NYSE:MAS). Cwm Ltd owns 280 shares or 0% of their US portfolio. Barclays Pcl owns 0% invested in Masco Corporation (NYSE:MAS) for 90,752 shares. Ontario Teachers Pension Plan Board, a Ontario – Canada-based fund reported 52,052 shares. Nomura Holding Incorporated reported 16,164 shares. Cornerstone Advsrs has 533 shares for 0.01% of their portfolio. Abner Herrman Brock Limited Com has invested 0.94% in Masco Corporation (NYSE:MAS). Personal Cap Advsr holds 262,536 shares. Manchester Cap Management Ltd Liability Company stated it has 2,731 shares or 0.02% of all its holdings. X Mngmt Co Ltd Llc reported 6,663 shares.

Third Avenue Management Llc, which manages about $2.22 billion US Long portfolio, upped its stake in Vornado Realty Trust (NYSE:VNO) by 51,300 shares to 690,014 shares, valued at $53.05M in 2017Q3, according to the filing. It also increased its holding in Pdc Energy Inc. (NASDAQ:PDCE) by 6,300 shares in the quarter, for a total of 79,000 shares, and has risen its stake in Reliance Steel & Aluminum Co. (NYSE:RS).

Analysts await Masco Corporation (NYSE:MAS) to report earnings on April, 24. They expect $0.50 earnings per share, up 21.95% or $0.09 from last year’s $0.41 per share. MAS’s profit will be $156.69M for 21.45 P/E if the $0.50 EPS becomes a reality. After $0.44 actual earnings per share reported by Masco Corporation for the previous quarter, Wall Street now forecasts 13.64% EPS growth.

Since September 8, 2017, it had 0 insider purchases, and 4 insider sales for $2.95 million activity. Gross Joseph B. had sold 2,337 shares worth $87,708. The insider Lindow John P sold 17,026 shares worth $682,254. Cole Kenneth G. had sold 2,266 shares worth $84,663.

Among 13 analysts covering Entegris (NASDAQ:ENTG), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Entegris had 25 analyst reports since August 3, 2015 according to SRatingsIntel. As per Thursday, July 13, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating given on Thursday, October 27 by Dougherty & Company. Citigroup maintained Entegris, Inc. (NASDAQ:ENTG) on Friday, October 27 with “Neutral” rating. Loop Capital maintained Entegris, Inc. (NASDAQ:ENTG) on Friday, October 27 with “Buy” rating. The firm earned “Buy” rating on Tuesday, February 6 by Needham. The firm has “Buy” rating given on Tuesday, February 6 by Stifel Nicolaus. As per Thursday, October 19, the company rating was maintained by Needham. The stock has “Buy” rating by Needham on Thursday, October 26. The rating was maintained by Needham on Monday, September 18 with “Buy”. The rating was upgraded by Craig Hallum on Tuesday, February 6 to “Buy”.

Teton Advisors Inc, which manages about $2.00 billion and $1.08B US Long portfolio, upped its stake in Infinera Corporation Com (NASDAQ:INFN) by 49,600 shares to 117,700 shares, valued at $1.04 million in 2017Q3, according to the filing. It also increased its holding in Pandora Media Inc Com (NYSE:P) by 50,540 shares in the quarter, for a total of 75,721 shares, and has risen its stake in Atlantic Cap Bancshares Inc Co.

Since September 5, 2017, it had 0 insider buys, and 3 insider sales for $574,568 activity. Shares for $393,750 were sold by Rucci Corey.

Investors sentiment decreased to 0.82 in 2017 Q3. Its down 0.90, from 1.72 in 2017Q2. It dived, as 29 investors sold ENTG shares while 90 reduced holdings. 38 funds opened positions while 59 raised stakes. 135.35 million shares or 1.21% more from 133.74 million shares in 2017Q2 were reported. Amalgamated Bankshares has 18,075 shares. Bessemer Gru holds 4,860 shares. California Pub Employees Retirement stated it has 0.01% in Entegris, Inc. (NASDAQ:ENTG). Harvey Prtn Lc owns 165,000 shares. Swiss Bancorporation holds 0.01% or 235,800 shares in its portfolio. Rudman Errol M reported 77,291 shares or 1.28% of all its holdings. Moreover, Gamco Invsts Et Al has 0.01% invested in Entegris, Inc. (NASDAQ:ENTG). Nj State Employees Deferred Compensation Plan holds 30,000 shares or 0.16% of its portfolio. Maverick Cap Ltd holds 0.06% or 167,080 shares in its portfolio. Amp Cap Investors owns 19,029 shares for 0% of their portfolio. Tower Research Cap Limited Co (Trc) holds 0.03% of its portfolio in Entegris, Inc. (NASDAQ:ENTG) for 12,871 shares. Thompson Siegel And Walmsley Limited Liability Company invested in 333,583 shares or 0.12% of the stock. Victory Capital Mngmt reported 2.48M shares. Principal Group owns 0.03% invested in Entegris, Inc. (NASDAQ:ENTG) for 1.17 million shares. Smithfield Tru Comm, Pennsylvania-based fund reported 15,719 shares.

Analysts await Entegris, Inc. (NASDAQ:ENTG) to report earnings on April, 26. They expect $0.42 EPS, up 44.83% or $0.13 from last year’s $0.29 per share. ENTG’s profit will be $59.39 million for 20.00 P/E if the $0.42 EPS becomes a reality. After $0.41 actual EPS reported by Entegris, Inc. for the previous quarter, Wall Street now forecasts 2.44% EPS growth.

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