Yousif Capital Management LLC Decreases Stock Position in MasterBrand, Inc. (NYSE:MBC)

Yousif Capital Management LLC cut its stake in MasterBrand, Inc. (NYSE:MBC) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 48,383 shares of the company’s stock after selling 1,261 shares during the quarter. Yousif Capital Management LLC’s holdings in MasterBrand were worth $707,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Quest Partners LLC boosted its holdings in shares of MasterBrand by 33.3% in the 3rd quarter. Quest Partners LLC now owns 3,285 shares of the company’s stock worth $61,000 after purchasing an additional 821 shares in the last quarter. North Growth Management Ltd. raised its position in MasterBrand by 0.6% during the 3rd quarter. North Growth Management Ltd. now owns 180,000 shares of the company’s stock valued at $3,336,000 after purchasing an additional 1,000 shares during the last quarter. PNC Financial Services Group Inc. raised its position in MasterBrand by 1.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 94,554 shares of the company’s stock valued at $1,753,000 after purchasing an additional 1,107 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in MasterBrand by 52.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 3,535 shares of the company’s stock valued at $66,000 after purchasing an additional 1,216 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its position in MasterBrand by 39.9% during the 3rd quarter. TD Private Client Wealth LLC now owns 4,783 shares of the company’s stock valued at $89,000 after purchasing an additional 1,364 shares during the last quarter. 87.32% of the stock is currently owned by hedge funds and other institutional investors.

MasterBrand Stock Performance

MasterBrand stock opened at $16.82 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.82 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $2.14 billion, a P/E ratio of 14.76 and a beta of 1.58. The stock’s 50 day moving average is $16.07 and its 200 day moving average is $16.70. MasterBrand, Inc. has a twelve month low of $13.90 and a twelve month high of $20.67.

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.