Vanguard Group Inc. Grows Stock Holdings in MasterBrand, Inc. (NYSE:MBC)

Vanguard Group Inc. boosted its stake in MasterBrand, Inc. (NYSE:MBC) by 1.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,299,764 shares of the company’s stock after acquiring an additional 143,904 shares during the period. Vanguard Group Inc. owned 8.11% of MasterBrand worth $152,951,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Whittier Trust Co. lifted its holdings in shares of MasterBrand by 102.9% during the fourth quarter. Whittier Trust Co. now owns 3,112 shares of the company’s stock worth $46,000 after purchasing an additional 1,578 shares during the period. Garner Asset Management Corp purchased a new stake in shares of MasterBrand in the fourth quarter valued at about $92,000. Aigen Investment Management LP purchased a new stake in shares of MasterBrand in the fourth quarter valued at about $152,000. Oak Thistle LLC purchased a new position in MasterBrand during the fourth quarter worth about $153,000. Finally, Sequoia Financial Advisors LLC lifted its position in MasterBrand by 22.3% in the fourth 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 during the period. 87.32% of the stock is owned by institutional investors and hedge funds.

MasterBrand Stock Performance

NYSE MBC opened at $14.64 on Friday. The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of 10.31 and a beta of 1.58. The business’s 50 day moving average is $15.99 and its two-hundred day moving average is $16.06. MasterBrand, Inc. has a 12-month low of $10.53 and a 12-month high of $19.07. The company has a current ratio of 2.06, a quick ratio of 1.34 and a debt-to-equity ratio of 0.55.

MasterBrand (NYSE:MBC) last announced its quarterly earnings data on Tuesday, May 7th. The company reported $0.29 earnings per share for the quarter. MasterBrand had a return on equity of 16.75% and a net margin of 6.86%. The firm had revenue of $638.10 million for the quarter.

MasterBrand Company Profile

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.