Gratia Capital LLC reduced its position in Mastercraft Boat Holdings, Inc. (NASDAQ:MCFT – Free Report) by 21.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 153,917 shares of the company’s stock after selling 41,123 shares during the quarter. Mastercraft Boat makes up about 2.4% of Gratia Capital LLC’s portfolio, making the stock its 9th largest position. Gratia Capital LLC’s holdings in Mastercraft Boat were worth $3,974,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. State of Wyoming raised its stake in Mastercraft Boat by 5.1% during the first quarter. State of Wyoming now owns 17,736 shares of the company’s stock worth $364,000 after buying an additional 867 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Mastercraft Boat by 1.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 70,694 shares of the company’s stock valued at $1,313,000 after acquiring an additional 1,188 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Mastercraft Boat by 12.2% during the 4th quarter. Russell Investments Group Ltd. now owns 10,988 shares of the company’s stock worth $208,000 after acquiring an additional 1,193 shares during the period. First Trust Advisors LP grew its holdings in Mastercraft Boat by 3.1% during the 2nd quarter. First Trust Advisors LP now owns 41,276 shares of the company’s stock worth $767,000 after acquiring an additional 1,259 shares during the period. Finally, Barclays PLC raised its position in shares of Mastercraft Boat by 7.7% in the 4th quarter. Barclays PLC now owns 24,725 shares of the company’s stock worth $468,000 after acquiring an additional 1,769 shares in the last quarter. 97.64% of the stock is currently owned by institutional investors and hedge funds.
Mastercraft Boat Stock Down 3.1%
Shares of NASDAQ MCFT opened at $22.79 on Thursday. The firm has a market cap of $371.02 million, a PE ratio of 33.52 and a beta of 1.07. The company’s fifty day simple moving average is $24.35 and its 200 day simple moving average is $23.18. Mastercraft Boat Holdings, Inc. has a 12-month low of $17.19 and a 12-month high of $28.44.
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Mastercraft Boat Profile
MasterCraft Boat Holdings, Inc (NASDAQ: MCFT) is a designer, manufacturer and marketer of high-performance recreational powerboats. The company’s portfolio includes the MasterCraft®, Aviara®, Crest® Classic and Supra® brands, each of which features multiple model lines tailored for activities such as wakeboarding, waterskiing, cruising and luxury day boating. MasterCraft oversees the full product lifecycle from hull design and propulsion engineering to interior appointments and final assembly.
Founded in 1968 and headquartered in Vonore, Tennessee, MasterCraft has built a reputation for innovation in hull design, ballast systems and tower architecture to enhance wake performance and ride quality.
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