Bronfman E.L. Rothschild L.P. Has $128,000 Holdings in Fortune Brands Home & Security Inc (FBHS)

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Bronfman E.L. Rothschild L.P. grew its position in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) by 9.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its stake in shares of Fortune Brands Home & Security by 10.6% in the third quarter. Russell Investments Group Ltd. now owns 119,534 shares of the industrial products company’s stock worth $6,272,000 after purchasing an additional 11,419 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Fortune Brands Home & Security by 14.8% in the third quarter. Victory Capital Management Inc. now owns 73,438 shares of the industrial products company’s stock worth $3,845,000 after purchasing an additional 9,475 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of Fortune Brands Home & Security by 1.8% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 490,027 shares of the industrial products company’s stock worth $25,658,000 after purchasing an additional 8,479 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Fortune Brands Home & Security by 0.7% in the third quarter. JPMorgan Chase & Co. now owns 6,412,616 shares of the industrial products company’s stock worth $335,764,000 after purchasing an additional 43,501 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its stake in shares of Fortune Brands Home & Security by 10.7% in the third quarter. Nomura Asset Management Co. Ltd. now owns 24,439 shares of the industrial products company’s stock worth $1,280,000 after purchasing an additional 2,360 shares during the last quarter. 86.76% of the stock is currently owned by institutional investors.

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

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

In other Fortune Brands Home & Security news, VP Danny Luburic sold 2,000 shares of Fortune Brands Home & Security stock in a transaction that occurred on Tuesday, February 12th. The stock was sold at an average price of $46.96, for a total transaction of $93,920.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.71% of the company’s stock.

Several research firms recently issued reports on FBHS. ValuEngine raised Fortune Brands Home & Security from a “strong sell” rating to a “sell” rating in a research note on Wednesday, February 13th. Evercore ISI raised Fortune Brands Home & Security from an “in-line” rating to an “outperform” rating in a research note on Monday, January 7th. Zacks Investment Research cut Fortune Brands Home & Security from a “buy” rating to a “hold” rating in a research note on Monday, January 7th. Loop Capital raised their target price on Fortune Brands Home & Security to $44.00 and gave the stock a “hold” rating in a research note on Friday, February 1st. Finally, Credit Suisse Group raised their target price on Fortune Brands Home & Security from $49.00 to $53.00 and gave the stock an “outperform” rating in a research note on Monday. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $54.27.

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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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