Columbia Asset Management reduced Masco stake by 15%, other investors increased, and Masco reported earnings exceeding estimates.

Columbia Asset Management decreased its stake in Masco Co. by 15%, now holding 4,250 shares. Meanwhile, institutional investors like Vanguard and Harris Associates increased their holdings. Masco reported earnings of $1.20 per share, exceeding estimates, and announced a dividend of $0.29. Analysts generally rate Masco as a "Moderate Buy," with price targets between $77.58 and $88.00, reflecting positive market sentiment.

September 06, 2024
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