Mather Group LLC. Makes New Investment in MasterBrand, Inc. (NYSE:MBC)

Mather Group LLC. bought a new position in shares of MasterBrand, Inc. (NYSE:MBC) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,287 shares of the company’s stock, valued at approximately $43,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of MasterBrand by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 10,299,764 shares of the company’s stock valued at $152,951,000 after purchasing an additional 143,904 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of MasterBrand by 0.4% in the 3rd quarter. Wellington Management Group LLP now owns 4,726,940 shares of the company’s stock valued at $57,432,000 after purchasing an additional 17,066 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of MasterBrand by 25.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,497,739 shares of the company’s stock valued at $51,943,000 after purchasing an additional 707,968 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of MasterBrand by 23.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,797,378 shares of the company’s stock valued at $26,691,000 after purchasing an additional 338,497 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of MasterBrand by 1.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,037,764 shares of the company’s stock valued at $15,411,000 after purchasing an additional 12,464 shares during the last quarter. 87.32% of the stock is owned by institutional investors.

MasterBrand Stock Up 0.6 %

MasterBrand stock opened at $15.00 on Tuesday. The company has a quick ratio of 1.34, a current ratio of 2.06 and a debt-to-equity ratio of 0.55. MasterBrand, Inc. has a 12-month low of $10.53 and a 12-month high of $19.07. The firm’s fifty day moving average is $16.35 and its 200 day moving average is $16.10. The company has a market capitalization of $1.91 billion, a PE ratio of 10.56 and a beta of 1.69.

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

About MasterBrand

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.