Fortune Brands Home & Security, Inc. (FBHS) Position Maintained by Sii Investments Inc. WI

Sii Investments Inc. WI held its stake in Fortune Brands Home & Security, Inc. (NYSE:FBHS) during the first quarter, according to its most recent filing with the SEC. The fund owned 4,748 shares of the industrial products company’s stock at the end of the first quarter. Sii Investments Inc. WI’s holdings in Fortune Brands Home & Security were worth $289,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in FBHS. Bank of America Corp DE boosted its stake in Fortune Brands Home & Security by 10.1% in the first quarter. Bank of America Corp DE now owns 756,567 shares of the industrial products company’s stock valued at $46,038,000 after buying an additional 69,255 shares during the period. Weiss Multi Strategy Advisers LLC purchased a new stake in Fortune Brands Home & Security during the first quarter valued at $8,775,000. Schwab Charles Investment Management Inc. boosted its stake in Fortune Brands Home & Security by 4.6% in the first quarter. Schwab Charles Investment Management Inc. now owns 655,376 shares of the industrial products company’s stock valued at $39,880,000 after buying an additional 28,759 shares during the period. BlackRock Inc. boosted its stake in Fortune Brands Home & Security by 1,433.3% in the first quarter. BlackRock Inc. now owns 12,580,467 shares of the industrial products company’s stock valued at $765,522,000 after buying an additional 11,759,987 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec boosted its stake in Fortune Brands Home & Security by 4.7% in the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 28,900 shares of the industrial products company’s stock valued at $1,760,000 after buying an additional 1,300 shares during the period. Institutional investors own 85.88% of the company’s stock.

Institutional Ownership by Quarter for Fortune Brands Home & Security (NYSE:FBHS)

Shares of Fortune Brands Home & Security, Inc. (NYSE:FBHS) traded down 0.176% during trading on Tuesday, reaching $65.325. The company’s stock had a trading volume of 521,265 shares. The stock’s 50 day moving average price is $63.36 and its 200-day moving average price is $59.28. Fortune Brands Home & Security, Inc. has a 52-week low of $52.05 and a 52-week high of $66.01. The stock has a market cap of $10.05 billion, a price-to-earnings ratio of 23.841 and a beta of 1.35.

Fortune Brands Home & Security (NYSE:FBHS) last issued its quarterly earnings data on Wednesday, April 26th. The industrial products company reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.07. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.18 billion. Fortune Brands Home & Security had a return on equity of 19.01% and a net margin of 8.48%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period last year, the company earned $0.39 EPS. Equities analysts anticipate that Fortune Brands Home & Security, Inc. will post $3.10 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 14th. Stockholders of record on Friday, May 26th were given a $0.18 dividend. The ex-dividend date was Wednesday, May 24th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.10%. Fortune Brands Home & Security’s dividend payout ratio is currently 26.28%.

TRADEMARK VIOLATION WARNING: This piece of content was originally reported by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this piece of content on another website, it was copied illegally and republished in violation of United States and international copyright & trademark law. The original version of this piece of content can be read at https://sportsperspectives.com/2017/06/20/fortune-brands-home-security-inc-fbhs-position-maintained-by-sii-investments-inc-wi.html.

Several analysts recently commented on FBHS shares. Royal Bank Of Canada reiterated a “buy” rating and issued a $75.00 target price on shares of Fortune Brands Home & Security in a report on Wednesday, June 7th. Jefferies Group LLC reiterated a “buy” rating and issued a $76.00 target price on shares of Fortune Brands Home & Security in a report on Thursday, June 1st. Barclays PLC reiterated a “hold” rating and issued a $62.00 target price on shares of Fortune Brands Home & Security in a report on Friday, April 28th. Zacks Investment Research cut Fortune Brands Home & Security from a “hold” rating to a “sell” rating in a report on Monday, April 24th. Finally, Instinet reiterated a “hold” rating on shares of Fortune Brands Home & Security in a report on Friday, April 14th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company’s stock. Fortune Brands Home & Security has a consensus rating of “Buy” and an average price target of $66.15.

In other news, VP Danny Luburic sold 3,700 shares of Fortune Brands Home & Security stock in a transaction that occurred on Thursday, May 4th. The stock was sold at an average price of $63.00, for a total value of $233,100.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider David Randich sold 72,646 shares of Fortune Brands Home & Security stock in a transaction that occurred on Monday, May 1st. The stock was sold at an average price of $63.53, for a total value of $4,615,200.38. The disclosure for this sale can be found here. Over the last quarter, insiders sold 174,611 shares of company stock worth $11,056,669. Corporate insiders own 1.61% of the company’s stock.

About Fortune Brands Home & Security

Fortune Brands Home & Security, Inc is a holding company. The Company operates through four segments. The Cabinets segment includes custom, semi-custom and stock cabinetry for the kitchen, bath and other parts of the home under brand names, including Aristokraft, Mid-Continent, Diamond, Kitchen Classics, Kitchen Craft, Schrock, Omega, Homecrest, Thomasville, StarMark and Ultracraft.

Receive News & Ratings for Fortune Brands Home & Security Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortune Brands Home & Security Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply