Fortune Brands Home & Security Inc (FBHS) Position Boosted by Bronfman E.L. Rothschild L.P.

Bronfman E.L. Rothschild L.P. increased its position in Fortune Brands Home & Security Inc (NYSE:FBHS) by 9.1% in the fourth quarter, Holdings Channel reports. The fund owned 3,374 shares of the industrial products company’s stock after purchasing an additional 281 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Fortune Brands Home & Security were worth $128,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FBHS. Capital Investment Advisory Services LLC purchased a new stake in Fortune Brands Home & Security during the 4th quarter valued at $32,000. JOYN Advisors Inc. raised its stake in Fortune Brands Home & Security by 196.5% during the 4th quarter. JOYN Advisors Inc. now owns 836 shares of the industrial products company’s stock valued at $32,000 after buying an additional 554 shares during the last quarter. Doyle Wealth Management purchased a new stake in Fortune Brands Home & Security during the 4th quarter valued at $33,000. Kinneret Advisory LLC purchased a new stake in Fortune Brands Home & Security during the 4th quarter valued at $68,000. Finally, Essex Savings Bank purchased a new stake in Fortune Brands Home & Security during the 4th quarter valued at $76,000. Institutional investors own 86.76% of the company’s stock.

A number of equities research analysts have recently issued reports on FBHS shares. ValuEngine raised shares of Fortune Brands Home & Security from a “strong sell” rating to a “sell” rating in a research report on Wednesday, February 13th. Zacks Investment Research raised shares of Fortune Brands Home & Security from a “sell” rating to a “hold” rating and set a $43.00 price objective for the company in a research report on Monday, December 31st. Loop Capital boosted their price objective on shares of Fortune Brands Home & Security to $44.00 and gave the company a “hold” rating in a research report on Friday, February 1st. Evercore ISI raised shares of Fortune Brands Home & Security from an “in-line” rating to an “outperform” rating in a research report on Monday, January 7th. Finally, Credit Suisse Group boosted their price objective on shares of Fortune Brands Home & Security from $49.00 to $53.00 and gave the company an “outperform” rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $54.27.

Shares of FBHS stock opened at $46.38 on Friday. Fortune Brands Home & Security Inc has a 1 year low of $35.27 and a 1 year high of $60.90. The company has a quick ratio of 0.68, a current ratio of 1.13 and a debt-to-equity ratio of 0.83. The firm has a market cap of $6.40 billion, a PE ratio of 13.60, a price-to-earnings-growth ratio of 1.41 and a beta of 1.46.

Fortune Brands Home & Security (NYSE:FBHS) last issued its quarterly earnings data on Thursday, January 31st. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.08). Fortune Brands Home & Security had a net margin of 7.10% and a return on equity of 21.91%. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.46 billion. On average, sell-side analysts forecast that Fortune Brands Home & Security Inc will post 3.63 earnings per share for the current fiscal year.

In related news, VP Danny Luburic sold 2,000 shares of the company’s stock in a transaction on Tuesday, February 12th. The shares were sold at an average price of $46.96, for a total value of $93,920.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.71% of the company’s stock.

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Fortune Brands Home & Security Profile

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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