Fortune Brands Home & Security Inc (FBHS) Holdings Lifted by Two Sigma Securities LLC

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Two Sigma Securities LLC grew its position in Fortune Brands Home & Security Inc (NYSE:FBHS) by 62.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,217 shares of the industrial products company’s stock after purchasing an additional 6,217 shares during the period. Two Sigma Securities LLC’s holdings in Fortune Brands Home & Security were worth $616,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. BlackRock Inc. increased its holdings in Fortune Brands Home & Security by 20.3% in the third quarter. BlackRock Inc. now owns 16,204,204 shares of the industrial products company’s stock valued at $848,454,000 after purchasing an additional 2,733,216 shares during the period. JPMorgan Chase & Co. grew its holdings in Fortune Brands Home & Security by 0.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,412,616 shares of the industrial products company’s stock worth $335,764,000 after acquiring an additional 43,501 shares during the period. Pictet Asset Management Ltd. grew its holdings in Fortune Brands Home & Security by 4.9% during the 3rd quarter. Pictet Asset Management Ltd. now owns 2,204,472 shares of the industrial products company’s stock worth $115,426,000 after acquiring an additional 103,489 shares during the period. Geode Capital Management LLC grew its holdings in Fortune Brands Home & Security by 7.3% during the 4th quarter. Geode Capital Management LLC now owns 1,920,463 shares of the industrial products company’s stock worth $72,834,000 after acquiring an additional 131,460 shares during the period. Finally, Northern Trust Corp grew its holdings in Fortune Brands Home & Security by 2.8% during the 4th quarter. Northern Trust Corp now owns 1,605,250 shares of the industrial products company’s stock worth $60,983,000 after acquiring an additional 44,434 shares during the period. Institutional investors own 86.76% of the company’s stock.

NYSE FBHS traded up $0.30 during trading hours on Tuesday, hitting $46.74. The company’s stock had a trading volume of 101,564 shares, compared to its average volume of 1,280,411. Fortune Brands Home & Security Inc has a 52 week low of $35.27 and a 52 week high of $61.90. The stock has a market cap of $6.53 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 1.42 and a beta of 1.46. 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 (NYSE:FBHS) last announced its quarterly earnings results 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). 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 during the quarter, compared to the consensus estimate of $1.46 billion. On average, sell-side analysts predict that Fortune Brands Home & Security Inc will post 3.63 EPS 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 shares were 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 accessible through this link. 1.71% of the stock is owned by company insiders.

FBHS has been the subject of a number of recent analyst reports. ValuEngine upgraded Fortune Brands Home & Security from a “strong sell” rating to a “sell” rating in a report on Friday, December 7th. Zacks Investment Research raised shares of Fortune Brands Home & Security from a “sell” rating to a “hold” rating in a research report on Wednesday, January 23rd. Goldman Sachs Group raised shares of Fortune Brands Home & Security from a “neutral” rating to a “buy” rating and set a $54.00 price objective on the stock in a research report on Sunday, December 9th. Bank of America raised shares of Fortune Brands Home & Security from an “underperform” rating to a “neutral” rating and set a $47.00 price objective on the stock in a research report on Friday, January 4th. Finally, Credit Suisse Group set a $49.00 price objective on shares of Fortune Brands Home & Security and gave the stock a “buy” rating in a research report on Friday, January 11th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. Fortune Brands Home & Security presently has an average rating of “Hold” and an average target price of $54.27.

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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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