NumerixS Investment Technologies Inc Has $77,000 Holdings in Fortune Brands Home & Security Inc (FBHS)

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NumerixS Investment Technologies Inc reduced its stake in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) by 92.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,051 shares of the industrial products company’s stock after selling 24,793 shares during the quarter. NumerixS Investment Technologies Inc’s holdings in Fortune Brands Home & Security were worth $77,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in FBHS. Capital Investment Advisory Services LLC purchased a new stake in shares of Fortune Brands Home & Security during the 4th quarter worth about $32,000. Doyle Wealth Management purchased a new stake in shares of Fortune Brands Home & Security during the 4th quarter worth about $33,000. Essex Savings Bank purchased a new stake in shares of Fortune Brands Home & Security during the 4th quarter worth about $76,000. Penserra Capital Management LLC purchased a new position in Fortune Brands Home & Security in the 4th quarter valued at about $80,000. Finally, ETF Managers Group LLC lifted its stake in Fortune Brands Home & Security by 15.7% in the 4th quarter. ETF Managers Group LLC now owns 2,211 shares of the industrial products company’s stock valued at $84,000 after buying an additional 300 shares in the last quarter. 88.30% of the stock is currently owned by institutional investors.

FBHS opened at $45.94 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.68 and a current ratio of 1.13. Fortune Brands Home & Security Inc has a 1-year low of $35.27 and a 1-year high of $62.43. The company has a market capitalization of $6.46 billion, a price-to-earnings ratio of 13.75, a price-to-earnings-growth ratio of 1.43 and a beta of 1.46.

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

In other Fortune Brands Home & Security news, VP Danny Luburic sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 12th. The shares were sold at an average price of $46.96, for a total value of $93,920.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.71% of the company’s stock.

A number of brokerages recently weighed in on FBHS. ValuEngine raised shares of Fortune Brands Home & Security from a “strong sell” rating to a “sell” rating in a research note on Wednesday, February 13th. Credit Suisse Group reaffirmed a “hold” rating and issued a $49.00 price target on shares of Fortune Brands Home & Security in a research note on Thursday, February 7th. Loop Capital raised their price target on shares of Fortune Brands Home & Security to $44.00 and gave the company a “hold” rating in a research note on Friday, February 1st. Zacks Investment Research raised shares of Fortune Brands Home & Security from a “sell” rating to a “hold” rating in a research note on Wednesday, January 23rd. Finally, Evercore ISI raised shares of Fortune Brands Home & Security from an “in-line” rating to an “outperform” rating in a research note on Monday, January 7th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $53.91.

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Fortune Brands Home & Security Company 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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