MCBC Holdings Inc (MCFT) : Springhouse Capital Management Lp scooped up 77,390 additional shares in MCBC Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 298,635 shares of MCBC Holdings Inc which is valued at $3,918,091.MCBC Holdings Inc makes up approximately 2.04% of Springhouse Capital Management Lp’s portfolio.
Other Hedge Funds, Including , Globeflex Capital L P added MCFT to its portfolio by purchasing 23,909 company shares during the most recent quarter which is valued at $313,686. MCBC Holdings Inc makes up approx 0.09% of Globeflex Capital L P’s portfolio.Kornitzer Capital Management Inc Ks reduced its stake in MCFT by selling 3,200 shares or 2.55% in the most recent quarter. The Hedge Fund company now holds 122,500 shares of MCFT which is valued at $1,607,200. MCBC Holdings Inc makes up approx 0.03% of Kornitzer Capital Management Inc Ks’s portfolio.Rice Hall James Associates boosted its stake in MCFT in the latest quarter, The investment management firm added 800 additional shares and now holds a total of 107,372 shares of MCBC Holdings Inc which is valued at $1,440,932. MCBC Holdings Inc makes up approx 0.08% of Rice Hall James Associates’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in MCFT by selling 614 shares or 98.08% in the most recent quarter. The Hedge Fund company now holds 12 shares of MCFT which is valued at $161. Strs Ohio sold out all of its stake in MCFT during the most recent quarter. The investment firm sold 2,300 shares of MCFT which is valued $30,843.
MCBC Holdings Inc opened for trading at $13.5 and hit $13.885 on the upside on Tuesday, eventually ending the session at $13.54, with a gain of 0.15% or 0.02 points. The heightened volatility saw the trading volume jump to 92,966 shares. Company has a market cap of $251 M.
On the company’s financial health, MCBC Holdings Inc reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.28. The company had revenue of $57.00 million for the quarter, compared to analysts expectations of $55.66 million. The company’s revenue was up 5.0% compared to the same quarter last year.
MCBC Holdings Inc. (MCBC) is a holding company. The Company through its wholly owned subsidiaries is engaged in designing manufacturing and marketing of sport boats. The Company also designs and manufactures inboard tournament ski boats and V-drive runabouts. It has dealers in over 40 countries around the world. The Company’s MasterCraft product brand consists of recreational boats which are used for water skiing wakeboarding and wake surfing and general recreational boating. In addition the Company offers various accessories including trailers and aftermarket parts. Its MasterCraft brands’ portfolio consists of Star Series XSeries and NXT boats. Its Star Series product line consists of ProStar and XStar models. The Company’s wholly owned subsidiaries include MasterCraft Boat Company LLC MCBC Hydra Boats LLC MasterCraft Services Inc. MasterCraft Parts Limited and MasterCraft International Sales Administration Inc.