Fractal Investments LLC Acquires 12,000 Shares of MasterBrand, Inc. (NYSE:MBC)

Fractal Investments LLC increased its stake in MasterBrand, Inc. (NYSE:MBC) by 44.4% in the 4th quarter, HoldingsChannel reports. The fund owned 39,000 shares of the company’s stock after acquiring an additional 12,000 shares during the period. Fractal Investments LLC’s holdings in MasterBrand were worth $579,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Factorial Partners LLC lifted its holdings in shares of MasterBrand by 1.7% in the 3rd quarter. Factorial Partners LLC now owns 122,400 shares of the company’s stock worth $1,487,000 after acquiring an additional 2,000 shares during the last quarter. Vanguard Group Inc. boosted its holdings in MasterBrand by 3.9% during the 3rd quarter. Vanguard Group Inc. now owns 10,155,860 shares of the company’s stock valued at $123,394,000 after acquiring an additional 377,278 shares during the period. Mackenzie Financial Corp increased its stake in MasterBrand by 44.8% in the third quarter. Mackenzie Financial Corp now owns 21,353 shares of the company’s stock worth $244,000 after purchasing an additional 6,606 shares during the period. Illinois Municipal Retirement Fund purchased a new stake in shares of MasterBrand during the third quarter valued at $945,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of MasterBrand by 0.4% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 286,181 shares of the company’s stock worth $3,477,000 after purchasing an additional 1,067 shares during the last quarter. 87.32% of the stock is owned by institutional investors.

MasterBrand Trading Down 2.8 %

MBC traded down $0.49 on Wednesday, reaching $16.88. 821,548 shares of the company traded hands, compared to its average volume of 1,070,896. The company has a market cap of $2.14 billion, a P/E ratio of 12.06 and a beta of 1.63. The company has a quick ratio of 1.22, a current ratio of 1.94 and a debt-to-equity ratio of 0.58. MasterBrand, Inc. has a one year low of $7.32 and a one year high of $19.07. The firm has a fifty day simple moving average of $17.40 and a two-hundred day simple moving average of $14.86.

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, beating analysts’ consensus estimates of $0.28 by $0.06. The firm 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.