Swiss National Bank acquired a new stake in shares of MasterBrand, Inc. (NYSE:MBC – Get Rating) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 312,300 shares of the company’s stock, valued at approximately $2,358,000. Swiss National Bank owned about 0.24% of MasterBrand as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new stake in shares of MasterBrand during the fourth quarter valued at $30,000. Atwood & Palmer Inc. acquired a new stake in shares of MasterBrand during the fourth quarter valued at $36,000. IFP Advisors Inc acquired a new stake in shares of MasterBrand during the fourth quarter valued at $47,000. Asset Management One Co. Ltd. purchased a new position in MasterBrand during the fourth quarter worth about $49,000. Finally, DB Fitzpatrick & Co Inc purchased a new position in MasterBrand during the fourth quarter worth about $54,000.
Analyst Ratings Changes
Separately, Loop Capital upgraded MasterBrand from a “hold” rating to a “buy” rating and increased their target price for the stock from $9.00 to $13.00 in a research report on Wednesday, May 10th.
MasterBrand Trading Down 1.5 %
MasterBrand (NYSE:MBC – Get Rating) last released its quarterly earnings data on Tuesday, March 7th. The company reported $0.52 EPS for the quarter. The firm had revenue of $784.40 million during the quarter.
MasterBrand, Inc manufactures and sells residential cabinets for the kitchen, bathroom, and other parts of the home in North America. The company is based in Jasper, Indiana.
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