2 weeks Ago By Defense World Staff
Dimensional Fund Advisors LP lifted its holdings in MasterBrand, Inc. ( NYSE:MBC – Free Report ) by 12.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 4,546,152 shares of the company’s stock after purchasing an additional 497,327 shares during the period. Dimensional Fund Advisors LP owned about 3.58% of MasterBrand worth $66,738,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its position in MasterBrand by 3.
4% in the first quarter. Vanguard Group Inc. now owns 10,646,110 shares of the company’s stock worth $199,508,000 after acquiring an additional 346,346 shares in the last quarter.
Goldman Sachs Group Inc. increased its position in shares of MasterBrand by 23.2% during the 4th quarter.
Goldman Sachs Group Inc. now owns 1,797,378 shares of the company’s stock worth $26,691,000 after purchasing an additional 338,497 shares in the last quarter. Bridgeway Capital Management LLC acquired a new stake in shares of MasterBrand during the 1st quarter worth about $20,894,000.
Bank of New York Mellon Corp increased its position in shares of MasterBrand by 0.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,069,569 shares of the company’s stock worth $15,701,000 after purchasing an additional 7,446 shares in the last quarter.
Finally, Brightline Capital Management LLC grew its holdings in MasterBrand by 3.0% during the 4th quarter. Brightline Capital Management LLC now owns 963,000 shares of the company’s stock worth $14,301,000 after acquiring an additional 28,000 shares during the last quarter.
87.32% of the stock is owned by hedge funds and other institutional investors. Insiders Place Their Bets In other news, Director Ann F.
Hackett sold 17,589 shares of MasterBrand stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $15.95, for a total value of $280,544.
55. Following the sale, the director now directly owns 45,520 shares in the company, valued at $726,044. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website .
In related news, Director Ann F. Hackett sold 17,589 shares of the firm’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $15.
95, for a total value of $280,544.55. Following the completion of the transaction, the director now directly owns 45,520 shares of the company’s stock, valued at $726,044.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . Also, CAO Mark A. Young sold 4,715 shares of MasterBrand stock in a transaction on Friday, September 13th.
The stock was sold at an average price of $16.33, for a total transaction of $76,995.95.
Following the transaction, the chief accounting officer now directly owns 45,148 shares of the company’s stock, valued at $737,266.84. The disclosure for this sale can be found here .
In the last three months, insiders have sold 22,806 shares of company stock worth $365,567. Company insiders own 1.38% of the company’s stock.
MasterBrand Stock Up 3.4 % MasterBrand ( NYSE:MBC – Get Free Report ) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.
45 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.04.
MasterBrand had a net margin of 6.69% and a return on equity of 16.58%.
The business had revenue of $676.50 million for the quarter. MasterBrand Profile ( Free Report ) 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. Featured Stories Five stocks we like better than MasterBrand About the Markup Calculator Can Costco Stock Hit New Highs as Interest Rates Drop? 3 REITs to Buy and Hold for the Long Term These 3 Stocks Show How to Navigate Declining Consumer Confidence Low PE Growth Stocks: Unlocking Investment Opportunities MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy? Receive News & Ratings for MasterBrand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MasterBrand and related companies with MarketBeat.
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