Cooke & Bieler LP grew its holdings in Malibu Boats Inc (NASDAQ:MBUU) by 53.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 562,750 shares of the company’s stock after purchasing an additional 196,930 shares during the quarter. Cooke & Bieler LP’s holdings in Malibu Boats were worth $16,731,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. Hood River Capital Management LLC grew its position in shares of Malibu Boats by 7.8% in the fourth quarter. Hood River Capital Management LLC now owns 450,828 shares of the company’s stock valued at $13,403,000 after purchasing an additional 32,725 shares during the last quarter. Cadence Capital Management LLC acquired a new stake in shares of Malibu Boats in the fourth quarter valued at about $1,667,000. Victory Capital Management Inc. grew its position in Malibu Boats by 5.1% during the fourth quarter. Victory Capital Management Inc. now owns 54,616 shares of the company’s stock worth $1,624,000 after buying an additional 2,651 shares in the last quarter. Chicago Equity Partners LLC grew its position in Malibu Boats by 20.3% during the fourth quarter. Chicago Equity Partners LLC now owns 133,102 shares of the company’s stock worth $3,957,000 after buying an additional 22,500 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in Malibu Boats during the fourth quarter worth about $432,000.

Shares of Malibu Boats Inc (NASDAQ:MBUU) opened at $33.40 on Monday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.71 and a current ratio of 1.46. The firm has a market capitalization of $685.02, a PE ratio of 34.08, a P/E/G ratio of 1.14 and a beta of 1.07. Malibu Boats Inc has a 1 year low of $20.21 and a 1 year high of $34.88.

Malibu Boats (NASDAQ:MBUU) last released its quarterly earnings data on Friday, February 9th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. The company had revenue of $114.37 million for the quarter, compared to the consensus estimate of $108.84 million. Malibu Boats had a return on equity of 51.61% and a net margin of 4.64%. The company’s quarterly revenue was up 69.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.38 earnings per share. analysts anticipate that Malibu Boats Inc will post 1.96 EPS for the current year.

A number of research firms recently weighed in on MBUU. SunTrust Banks reissued a “buy” rating and set a $37.00 target price on shares of Malibu Boats in a research report on Friday. B. Riley lifted their target price on Malibu Boats from $29.50 to $32.25 and gave the stock a “neutral” rating in a research report on Monday. Zacks Investment Research downgraded Malibu Boats from a “buy” rating to a “hold” rating in a research report on Wednesday, February 7th. BidaskClub raised Malibu Boats from a “hold” rating to a “buy” rating in a research report on Friday, January 26th. Finally, KeyCorp set a $38.00 target price on Malibu Boats and gave the stock a “buy” rating in a research report on Friday. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $33.78.

In other Malibu Boats news, CEO Jackie D. Jr. Springer sold 40,000 shares of Malibu Boats stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $31.20, for a total transaction of $1,248,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Deborah S. Kent sold 1,497 shares of Malibu Boats stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $31.16, for a total value of $46,646.52. The disclosure for this sale can be found here. Insiders have sold 91,497 shares of company stock worth $2,853,897 over the last ninety days. Company insiders own 3.50% of the company’s stock.

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About Malibu Boats

Malibu Boats, Inc is a designer, manufacturer and marketer of performance sport boats. The Company’s segments include the U.S. and Australia. Each segment is engaged in the manufacturing, distribution, marketing and sale of performance sport boats. Its U.S. segment serves markets in North America, South America, Europe and Asia.

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Institutional Ownership by Quarter for Malibu Boats (NASDAQ:MBUU)

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