Dimensional Fund Advisors LP increased its position in shares of MasterBrand, Inc. (NYSE:MBC - Free Report) by 25.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,497,739 shares of the company's stock after purchasing an additional 707,968 shares during the period. Dimensional Fund Advisors LP owned approximately 2.76% of MasterBrand worth $51,943,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Whittier Trust Co. lifted its holdings in MasterBrand by 102.9% during the 4th quarter. Whittier Trust Co. now owns 3,112 shares of the company's stock valued at $46,000 after buying an additional 1,578 shares in the last quarter. Oak Thistle LLC bought a new stake in MasterBrand during the 4th quarter valued at about $153,000. Sequoia Financial Advisors LLC raised its holdings in shares of MasterBrand by 22.3% in the 4th quarter. Sequoia Financial Advisors LLC now owns 12,658 shares of the company's stock valued at $188,000 after purchasing an additional 2,310 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new stake in shares of MasterBrand in the 3rd quarter valued at about $152,000. Finally, QRG Capital Management Inc. bought a new stake in shares of MasterBrand in the 3rd quarter valued at about $222,000. 87.32% of the stock is owned by hedge funds and other institutional investors.
MasterBrand Stock Up 0.1 %
Shares of NYSE:MBC traded up $0.01 during trading hours on Wednesday, hitting $15.81. The company's stock had a trading volume of 611,862 shares, compared to its average volume of 982,827. MasterBrand, Inc. has a 52 week low of $10.13 and a 52 week high of $19.07. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.06 and a quick ratio of 1.34. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 11.13 and a beta of 1.82. The firm's fifty day moving average price is $17.29 and its 200 day moving average price is $15.79.
MasterBrand (NYSE:MBC - Get Free Report) last posted its quarterly earnings results on Tuesday, May 7th. The company reported $0.29 EPS for the quarter. MasterBrand had a net margin of 6.86% and a return on equity of 16.75%. The business had revenue of $638.10 million during the quarter.
MasterBrand Company Profile
(
Free Report)
MasterBrand, Inc engages in the manufacture and sale of residential cabinets in the United States and Canada. The company offers a range of residential cabinetry products for the kitchen, bathroom, and other parts of the home. It sells its products to remodeling and new construction markets through dealers, retailers, and builders.
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