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Institutional investors boosted stakes in Masco Co., despite its CEO reducing his ownership.
VELA Investment Management LLC and other institutional investors have increased their stakes in Masco Co., a construction company.
CEO Keith J. Allman recently sold 21,723 shares, reducing his ownership by 26.49%.
Masco reported $0.89 EPS, beating expectations, and declared a $0.31 quarterly dividend.
Analysts have varied ratings, with a consensus "Moderate Buy" and a target price of $86.32.
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Los inversores institucionales impulsaron las participaciones en Masco Co., a pesar de que su CEO redujo su propiedad.