Allianz Asset Management GmbH increased its holdings in shares of MasterBrand, Inc. (NYSE:MBC - Free Report) by 45.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 210,643 shares of the company's stock after buying an additional 65,390 shares during the period. Allianz Asset Management GmbH owned 0.17% of MasterBrand worth $3,128,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the business. Victory Capital Management Inc. raised its position in shares of MasterBrand by 245.2% during the third quarter. Victory Capital Management Inc. now owns 73,217 shares of the company's stock worth $890,000 after purchasing an additional 52,010 shares during the period. Barclays PLC raised its position in MasterBrand by 7.4% during the third quarter. Barclays PLC now owns 180,687 shares of the company's stock worth $2,196,000 after acquiring an additional 12,403 shares in the last quarter. Swiss National Bank lifted its stake in MasterBrand by 1.2% in the 3rd quarter. Swiss National Bank now owns 282,500 shares of the company's stock valued at $3,432,000 after purchasing an additional 3,300 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of MasterBrand by 2.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,025,300 shares of the company's stock worth $12,457,000 after acquiring an additional 22,028 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp grew its holdings in MasterBrand by 41.1% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 32,227 shares of the company's stock valued at $392,000 after buying an additional 9,384 shares in the last quarter. Institutional investors and hedge funds own 87.32% of the company's stock.
MasterBrand Stock Performance
Shares of MasterBrand stock traded down $0.11 during trading on Friday, reaching $15.84. The company's stock had a trading volume of 588,034 shares, compared to its average volume of 632,571. MasterBrand, Inc. has a 52 week low of $10.49 and a 52 week high of $19.07. The business's 50-day moving average price is $16.93 and its 200-day moving average price is $15.94. The firm has a market cap of $2.01 billion, a PE ratio of 11.16 and a beta of 1.69. The company has a quick ratio of 1.34, a current ratio of 2.06 and a debt-to-equity ratio of 0.55.
MasterBrand (NYSE:MBC - Get Free Report) last released its quarterly earnings data on Tuesday, May 7th. The company reported $0.29 earnings per share for the quarter. The business had revenue of $638.10 million for the quarter. MasterBrand had a return on equity of 16.75% and a net margin of 6.86%.
About MasterBrand
(
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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