Fortune Brands Home & Security, Inc. (FBHS) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC trimmed its holdings in Fortune Brands Home & Security, Inc. (NYSE:FBHS) by 1.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 496,006 shares of the industrial products company’s stock after selling 6,696 shares during the period. Voya Investment Management LLC owned about 0.32% of Fortune Brands Home & Security worth $32,360,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of FBHS. Ontario Teachers Pension Plan Board boosted its position in shares of Fortune Brands Home & Security by 49.1% during the second quarter. Ontario Teachers Pension Plan Board now owns 104,574 shares of the industrial products company’s stock worth $6,822,000 after buying an additional 34,441 shares during the period. OxFORD Asset Management LLP acquired a new position in shares of Fortune Brands Home & Security during the second quarter worth about $732,000. Dimensional Fund Advisors LP boosted its position in shares of Fortune Brands Home & Security by 5.8% during the second quarter. Dimensional Fund Advisors LP now owns 797,994 shares of the industrial products company’s stock worth $52,061,000 after buying an additional 43,781 shares during the period. Virtu KCG Holdings LLC acquired a new position in shares of Fortune Brands Home & Security during the second quarter worth about $388,000. Finally, Teachers Retirement System of The State of Kentucky boosted its position in shares of Fortune Brands Home & Security by 8.5% during the second quarter. Teachers Retirement System of The State of Kentucky now owns 119,004 shares of the industrial products company’s stock worth $7,764,000 after buying an additional 9,324 shares during the period. 88.13% of the stock is owned by hedge funds and other institutional investors.

In related news, CEO Christopher J. Klein sold 60,000 shares of Fortune Brands Home & Security stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $62.78, for a total value of $3,766,800.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider E Lee Wyatt sold 40,000 shares of Fortune Brands Home & Security stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $65.20, for a total transaction of $2,608,000.00. The disclosure for this sale can be found here. Insiders sold a total of 136,000 shares of company stock worth $8,715,420 in the last ninety days. 1.61% of the stock is currently owned by insiders.

TRADEMARK VIOLATION WARNING: This piece of content was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece of content on another site, it was stolen and reposted in violation of US & international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://ledgergazette.com/2017/09/30/fortune-brands-home-security-inc-fbhs-shares-sold-by-voya-investment-management-llc.html.

Shares of Fortune Brands Home & Security, Inc. (NYSE FBHS) opened at 67.23 on Friday. The company has a market cap of $10.35 billion, a price-to-earnings ratio of 23.93 and a beta of 1.37. The firm has a 50-day moving average price of $63.73 and a 200 day moving average price of $63.39. Fortune Brands Home & Security, Inc. has a 1-year low of $52.05 and a 1-year high of $67.76.

Fortune Brands Home & Security (NYSE:FBHS) last announced its earnings results on Wednesday, August 2nd. The industrial products company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.05. Fortune Brands Home & Security had a return on equity of 18.93% and a net margin of 8.61%. The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the previous year, the business earned $0.82 EPS. The company’s revenue was up 5.2% compared to the same quarter last year. On average, analysts predict that Fortune Brands Home & Security, Inc. will post $3.10 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Friday, November 24th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.07%. Fortune Brands Home & Security’s dividend payout ratio (DPR) is presently 25.35%.

Several research analysts have recently weighed in on the company. Zacks Investment Research raised Fortune Brands Home & Security from a “hold” rating to a “buy” rating and set a $75.00 price objective for the company in a research report on Thursday, July 20th. Jefferies Group LLC reaffirmed a “buy” rating and set a $76.00 price objective on shares of Fortune Brands Home & Security in a research report on Friday, July 14th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $75.00 price objective on shares of Fortune Brands Home & Security in a research report on Tuesday, July 18th. Wells Fargo & Company cut Fortune Brands Home & Security from an “outperform” rating to a “market perform” rating and set a $70.00 price objective for the company. in a research report on Wednesday, July 19th. Finally, BidaskClub cut Fortune Brands Home & Security from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $68.58.

About Fortune Brands Home & Security

Fortune Brands Home & Security, Inc is a holding company. The Company operates through four segments. The Cabinets segment includes custom, semi-custom and stock cabinetry for the kitchen, bath and other parts of the home under brand names, including Aristokraft, Mid-Continent, Diamond, Kitchen Classics, Kitchen Craft, Schrock, Omega, Homecrest, Thomasville, StarMark and Ultracraft.

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

Receive News & Ratings for Fortune Brands Home & Security Inc. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Fortune Brands Home & Security Inc. and related companies with MarketBeat.com’s FREE daily email newsletter.