WINTON GROUP Ltd Has $13.58 Million Position in Fortune Brands Home & Security Inc (FBHS)

WINTON GROUP Ltd lifted its position in Fortune Brands Home & Security Inc (NYSE:FBHS) by 34.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 259,403 shares of the industrial products company’s stock after buying an additional 66,010 shares during the quarter. WINTON GROUP Ltd owned about 0.18% of Fortune Brands Home & Security worth $13,582,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Fort L.P. bought a new position in Fortune Brands Home & Security during the second quarter worth $117,000. O Brien Wealth Partners LLC bought a new position in Fortune Brands Home & Security during the third quarter worth $126,000. First Manhattan Co. boosted its position in Fortune Brands Home & Security by 136.4% during the third quarter. First Manhattan Co. now owns 2,600 shares of the industrial products company’s stock worth $136,000 after purchasing an additional 1,500 shares during the period. Stratos Wealth Partners LTD. bought a new position in Fortune Brands Home & Security during the third quarter worth $185,000. Finally, Ironwood Investment Management LLC bought a new position in Fortune Brands Home & Security during the second quarter worth $205,000. 85.43% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have recently issued reports on FBHS shares. Longbow Research cut shares of Fortune Brands Home & Security from a “buy” rating to a “neutral” rating in a research report on Friday, October 12th. ValuEngine cut shares of Fortune Brands Home & Security from a “sell” rating to a “strong sell” rating in a research report on Tuesday, September 4th. Zacks Investment Research raised shares of Fortune Brands Home & Security from a “sell” rating to a “hold” rating in a research report on Friday, July 20th. Goldman Sachs Group started coverage on shares of Fortune Brands Home & Security in a research report on Tuesday, October 2nd. They issued a “neutral” rating and a $64.00 target price for the company. Finally, TheStreet cut shares of Fortune Brands Home & Security from a “b-” rating to a “c+” rating in a research report on Friday, October 26th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $61.58.

In related news, Director Ronald V. Waters sold 5,000 shares of the business’s stock in a transaction dated Friday, October 5th. The stock was sold at an average price of $51.31, for a total value of $256,550.00. Following the completion of the transaction, the director now owns 14,142 shares of the company’s stock, valued at $725,626.02. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.71% of the stock is owned by insiders.

Shares of Fortune Brands Home & Security stock opened at $45.17 on Thursday. The stock has a market capitalization of $6.43 billion, a PE ratio of 14.69, a price-to-earnings-growth ratio of 1.23 and a beta of 1.31. Fortune Brands Home & Security Inc has a 52-week low of $40.89 and a 52-week high of $73.62. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.30 and a quick ratio of 0.83.

Fortune Brands Home & Security (NYSE:FBHS) last posted its quarterly earnings results on Thursday, October 25th. The industrial products company reported $0.93 EPS for the quarter, missing the Zacks’ consensus estimate of $1.05 by ($0.12). The company had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.44 billion. Fortune Brands Home & Security had a net margin of 7.94% and a return on equity of 20.95%. As a group, analysts anticipate that Fortune Brands Home & Security Inc will post 3.43 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 19th. Investors of record on Friday, November 30th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date is Thursday, November 29th. Fortune Brands Home & Security’s dividend payout ratio (DPR) is presently 25.97%.

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About Fortune Brands Home & Security

Fortune Brands Home & Security, Inc, together with its subsidiaries, provides home and security products for residential home repair, remodeling, new construction, and security applications. It operates in four segments: Cabinets, Plumbing, Doors, and Security. The Cabinets segment manufactures custom, semi-custom, and stock cabinetry, as well as vanities for the kitchen, bath, and other parts of the home directly to kitchen and bath dealers, home centers, wholesalers, and builders in North America.

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

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