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Third Avenue Management Lowered Masco Corp. (MAS) Stake By $2.92 Million; Tesoro Logistics LP (TLLP) Sentiment Is 0

It closed at $0 lastly. It is down 12.60% since December 12, 2016 and is uptrending. It has underperformed by 4.10% the S&P500.

Third Avenue Management Llc decreased Masco Corp. (MAS) stake by 8.98% reported in 2017Q2 SEC filing. Third Avenue Management Llc sold 76,901 shares as Masco Corp. (MAS)’s stock rose 10.38%. The Third Avenue Management Llc holds 779,146 shares with $29.77M value, down from 856,047 last quarter. Masco Corp. now has $13.34B valuation. The stock decreased 0.70% or $0.3 during the last trading session, reaching $42.42. About 1.75 million shares traded. Masco Corporation (NYSE:MAS) has risen 18.02% since December 12, 2016 and is uptrending. It has outperformed by 1.32% the S&P500.

Center Coast Capital Advisors Lp holds 7.59% of its portfolio in Tesoro Logistics LP for 5.77 million shares. Samson Capital Management Llc owns 142,097 shares or 7.25% of their US portfolio. Moreover, C.V. Starr & Co. Inc. Trust has 5.78% invested in the company for 260,000 shares. The Kansas-based Tortoise Capital Advisors L.L.C. has invested 4.05% in the stock. Cushing Asset Management Lp, a Texas-based fund reported 2.03 million shares.

Analysts await Masco Corporation (NYSE:MAS) to report earnings on February, 8. They expect $0.43 earnings per share, up 30.30% or $0.10 from last year’s $0.33 per share. MAS’s profit will be $135.26 million for 24.66 P/E if the $0.43 EPS becomes a reality. After $0.50 actual earnings per share reported by Masco Corporation for the previous quarter, Wall Street now forecasts -14.00% negative EPS growth.

Third Avenue Management Llc increased Photronics Inc. (NASDAQ:PLAB) stake by 127,300 shares to 467,900 valued at $4.40M in 2017Q2. It also upped Sp Plus Corp. (NASDAQ:SP) stake by 29,000 shares and now owns 198,423 shares. Dsw Inc. (NYSE:DSW) was raised too.

Among 22 analysts covering Masco (NYSE:MAS), 15 have Buy rating, 0 Sell and 7 Hold. Therefore 68% are positive. Masco had 53 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Masco Corporation (NYSE:MAS) has “Buy” rating given on Wednesday, September 6 by RBC Capital Markets. Jefferies maintained Masco Corporation (NYSE:MAS) rating on Wednesday, October 11. Jefferies has “Buy” rating and $45.0 target. The company was initiated on Thursday, September 29 by Wells Fargo. Barclays Capital upgraded the shares of MAS in report on Wednesday, October 28 to “Overweight” rating. The firm earned “Market Perform” rating on Wednesday, October 25 by Raymond James. The company was downgraded on Thursday, March 31 by Vertical Research. The rating was maintained by RBC Capital Markets with “Buy” on Friday, July 28. The rating was maintained by SunTrust with “Buy” on Tuesday, October 24. Goldman Sachs initiated Masco Corporation (NYSE:MAS) rating on Tuesday, October 6. Goldman Sachs has “Buy” rating and $31 target. The firm has “Outperform” rating given on Wednesday, October 26 by RBC Capital Markets.

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