Illinois Municipal Retirement Fund Has $1.04 Million Stock Position in MasterBrand, Inc. (NYSE:MBC)

Illinois Municipal Retirement Fund lowered its position in MasterBrand, Inc. (NYSE:MBC) by 9.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 70,215 shares of the company’s stock after selling 7,582 shares during the quarter. Illinois Municipal Retirement Fund owned 0.06% of MasterBrand worth $1,043,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of MasterBrand by 0.4% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 286,181 shares of the company’s stock worth $3,477,000 after acquiring an additional 1,067 shares during the period. HM Payson & Co. lifted its position in shares of MasterBrand by 70.0% during the 3rd quarter. HM Payson & Co. now owns 2,975 shares of the company’s stock worth $36,000 after buying an additional 1,225 shares during the period. Whittier Trust Co. lifted its position in shares of MasterBrand by 102.9% during the 4th quarter. Whittier Trust Co. now owns 3,112 shares of the company’s stock worth $46,000 after buying an additional 1,578 shares during the period. Factorial Partners LLC lifted its position in shares of MasterBrand by 1.7% during the 3rd quarter. Factorial Partners LLC now owns 122,400 shares of the company’s stock worth $1,487,000 after buying an additional 2,000 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its position in shares of MasterBrand by 22.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 12,658 shares of the company’s stock worth $188,000 after buying an additional 2,310 shares during the period. Institutional investors own 87.32% of the company’s stock.

MasterBrand Price Performance

MasterBrand stock opened at $17.04 on Monday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.94 and a quick ratio of 1.22. The company has a market capitalization of $2.17 billion, a PE ratio of 12.17 and a beta of 1.63. MasterBrand, Inc. has a one year low of $7.61 and a one year high of $19.07. The business has a 50 day simple moving average of $17.46 and a 200 day simple moving average of $14.96.

MasterBrand (NYSE:MBC) last posted its earnings results on Monday, February 26th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.28 by $0.06. The business had revenue of $677.10 million during the quarter. MasterBrand had a return on equity of 17.24% and a net margin of 6.68%.

MasterBrand 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.