Sii Investments Inc. WI Has $289000 Stake in Fortune Brands Home & Security, Inc. (FBHS)

Sii Investments Inc. WI continued to hold its position in shares of Fortune Brands Home & Security, Inc. (NYSE:FBHS) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,748 shares of the industrial products company’s stock at the end of the first quarter. Sii Investments Inc. WI’s holdings in Fortune Brands Home & Security were worth $289,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FBHS. Welch Group LLC bought a new position in shares of Fortune Brands Home & Security during the first quarter valued at about $112,000. State of Alaska Department of Revenue bought a new position in shares of Fortune Brands Home & Security during the first quarter valued at about $126,000. Global X Management Co. LLC raised its position in shares of Fortune Brands Home & Security by 28.7% in the first quarter. Global X Management Co. LLC now owns 2,106 shares of the industrial products company’s stock valued at $128,000 after buying an additional 470 shares in the last quarter. NN Investment Partners Holdings N.V. raised its position in shares of Fortune Brands Home & Security by 205.6% in the first quarter. NN Investment Partners Holdings N.V. now owns 2,750 shares of the industrial products company’s stock valued at $168,000 after buying an additional 1,850 shares in the last quarter. Finally, Pacer Advisors Inc. raised its position in shares of Fortune Brands Home & Security by 3.3% in the first quarter. Pacer Advisors Inc. now owns 3,004 shares of the industrial products company’s stock valued at $183,000 after buying an additional 95 shares in the last quarter. Institutional investors own 85.88% of the company’s stock.

Shares of Fortune Brands Home & Security, Inc. (NYSE FBHS) traded up 0.49% during midday trading on Friday, hitting $65.24. 667,894 shares of the stock were exchanged. Fortune Brands Home & Security, Inc. has a 52-week low of $52.05 and a 52-week high of $66.35. The firm has a market cap of $10.04 billion, a PE ratio of 23.81 and a beta of 1.35. The firm’s 50-day moving average is $63.82 and its 200 day moving average is $59.80.

Fortune Brands Home & Security (NYSE:FBHS) last released its quarterly earnings data on Wednesday, April 26th. The industrial products company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.07. Fortune Brands Home & Security had a return on equity of 19.01% and a net margin of 8.48%. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the prior year, the business posted $0.39 EPS. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. On average, analysts forecast that Fortune Brands Home & Security, Inc. will post $3.10 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 14th. Investors of record on Friday, May 26th were paid a dividend of $0.18 per share. The ex-dividend date was Wednesday, May 24th. This represents a $0.72 dividend on an annualized basis and a yield of 1.10%. Fortune Brands Home & Security’s dividend payout ratio is presently 26.28%.

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FBHS has been the topic of several research analyst reports. Zacks Investment Research downgraded shares of Fortune Brands Home & Security from a “hold” rating to a “sell” rating in a report on Monday, April 24th. Credit Suisse Group initiated coverage on shares of Fortune Brands Home & Security in a report on Thursday, June 22nd. They issued an “outperform” rating and a $72.00 target price for the company. Jefferies Group LLC restated a “buy” rating on shares of Fortune Brands Home & Security in a report on Thursday, April 13th. BidaskClub upgraded shares of Fortune Brands Home & Security from a “hold” rating to a “buy” rating in a report on Thursday, June 22nd. Finally, Nomura initiated coverage on shares of Fortune Brands Home & Security in a report on Wednesday, April 12th. They set a “neutral” rating and a $65.00 price objective for the company. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $67.50.

In other news, CFO E Lee Wyatt sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $63.48, for a total value of $2,539,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Norman H. Wesley sold 18,202 shares of the firm’s stock in a transaction that occurred on Thursday, June 8th. The shares were sold at an average price of $62.63, for a total value of $1,139,991.26. Following the completion of the sale, the director now directly owns 2,132 shares of the company’s stock, valued at $133,527.16. The disclosure for this sale can be found here. Insiders have sold a total of 174,611 shares of company stock worth $11,056,669 in the last 90 days. 1.61% of the stock is currently owned by company insiders.

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)

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