MasterBrand, Inc. (NYSE:MBC) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. increased its stake in shares of MasterBrand, Inc. (NYSE:MBC) by 3.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 10,155,860 shares of the company’s stock after acquiring an additional 377,278 shares during the period. Vanguard Group Inc. owned approximately 8.01% of MasterBrand worth $123,394,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. UBS Group AG bought a new stake in shares of MasterBrand in the 4th quarter valued at approximately $712,000. Raymond James Financial Services Advisors Inc. bought a new stake in shares of MasterBrand in the 4th quarter valued at approximately $125,000. HighTower Advisors LLC bought a new position in MasterBrand during the 4th quarter worth $154,000. Victory Capital Management Inc. bought a new position in MasterBrand during the 4th quarter worth $202,000. Finally, Advisor Group Holdings Inc. bought a new position in MasterBrand during the 4th quarter worth $225,000. 87.32% of the stock is owned by institutional investors and hedge funds.

MasterBrand Price Performance

Shares of MBC opened at $18.45 on Thursday. The company has a market cap of $2.34 billion, a P/E ratio of 13.18 and a beta of 1.63. The stock has a fifty day moving average price of $16.48 and a 200 day moving average price of $14.28. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.94 and a quick ratio of 1.22. MasterBrand, Inc. has a 12 month low of $7.31 and a 12 month high of $19.07.

MasterBrand (NYSE:MBC) last announced its quarterly earnings results on Monday, February 26th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.06. The company had revenue of $677.10 million during the quarter. MasterBrand had a return on equity of 17.24% and a net margin of 6.68%.

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.