U.S. Capital Wealth Advisors LLC Takes $161,000 Position in MasterBrand, Inc. (NYSE:MBC)

U.S. Capital Wealth Advisors LLC purchased a new stake in shares of MasterBrand, Inc. (NYSE:MBC) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 11,000 shares of the company’s stock, valued at approximately $161,000.

A number of other institutional investors also recently bought and sold shares of the stock. SageView Advisory Group LLC purchased a new stake in shares of MasterBrand in the first quarter valued at $25,000. Covestor Ltd grew its holdings in MasterBrand by 71.4% during the 1st quarter. Covestor Ltd now owns 1,596 shares of the company’s stock valued at $30,000 after purchasing an additional 665 shares during the last quarter. GAMMA Investing LLC raised its position in MasterBrand by 51.2% in the 1st quarter. GAMMA Investing LLC now owns 2,208 shares of the company’s stock worth $41,000 after purchasing an additional 748 shares during the period. Mather Group LLC. bought a new stake in MasterBrand in the first quarter worth about $43,000. Finally, Riverview Trust Co purchased a new position in shares of MasterBrand during the first quarter valued at approximately $87,000. 87.32% of the stock is currently owned by institutional investors.

MasterBrand Trading Down 1.9 %

Shares of MBC traded down $0.29 during mid-day trading on Friday, reaching $15.16. 527,847 shares of the company’s stock traded hands, compared to its average volume of 960,011. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.06 and a quick ratio of 1.34. The stock’s 50-day moving average is $15.80 and its two-hundred day moving average is $16.35. MasterBrand, Inc. has a 12 month low of $10.53 and a 12 month high of $19.07. The stock has a market cap of $1.93 billion, a P/E ratio of 10.68 and a beta of 1.51.

MasterBrand (NYSE:MBC) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.41 by $0.04. MasterBrand had a return on equity of 16.75% and a net margin of 6.86%. The company had revenue of $676.50 million for the quarter.

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.