Modera Wealth Management LLC Has $378,000 Stake in Fortune Brands Home & Security, Inc. (NYSE:FBHS)

Modera Wealth Management LLC held its stake in Fortune Brands Home & Security, Inc. (NYSE:FBHS) during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 5,787 shares of the industrial products company’s stock at the end of the second quarter. Modera Wealth Management LLC’s holdings in Fortune Brands Home & Security were worth $378,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. 10 15 Associates Inc. acquired a new position in shares of Fortune Brands Home & Security during the 1st quarter worth approximately $1,475,000. Eagle Asset Management Inc. grew its position in shares of Fortune Brands Home & Security by 20.2% during the 2nd quarter. Eagle Asset Management Inc. now owns 462,498 shares of the industrial products company’s stock worth $30,173,000 after purchasing an additional 77,800 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Fortune Brands Home & Security by 8.9% during the 1st quarter. Geode Capital Management LLC now owns 1,503,520 shares of the industrial products company’s stock worth $91,360,000 after purchasing an additional 122,830 shares in the last quarter. Swiss National Bank grew its position in shares of Fortune Brands Home & Security by 28.0% during the 1st quarter. Swiss National Bank now owns 546,800 shares of the industrial products company’s stock worth $33,273,000 after purchasing an additional 119,600 shares in the last quarter. Finally, Norinchukin Bank The grew its position in shares of Fortune Brands Home & Security by 10.7% during the 1st quarter. Norinchukin Bank The now owns 40,397 shares of the industrial products company’s stock worth $2,458,000 after purchasing an additional 3,898 shares in the last quarter. Hedge funds and other institutional investors own 88.34% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by BBNS and is the property of of BBNS. If you are reading this piece of content on another domain, it was stolen and republished in violation of international trademark and copyright laws. The original version of this piece of content can be accessed at https://baseballnewssource.com/markets/fortune-brands-home-security-inc-fbhs-stake-held-by-modera-wealth-management-llc/1604127.html.

In other Fortune Brands Home & Security news, CEO Christopher J. Klein sold 55,000 shares of the business’s stock in a transaction that occurred on Thursday, June 29th. The shares were sold at an average price of $64.91, for a total value of $3,570,050.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider E Lee Wyatt sold 2,600 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $65.11, for a total transaction of $169,286.00. The disclosure for this sale can be found here. In the last three months, insiders sold 157,600 shares of company stock valued at $10,114,136. Corporate insiders own 1.61% of the company’s stock.

FBHS has been the topic of a number of analyst reports. Jefferies Group LLC restated a “buy” rating and set a $76.00 target price on shares of Fortune Brands Home & Security in a research report on Thursday, June 1st. Royal Bank Of Canada restated a “buy” rating and set a $75.00 target price on shares of Fortune Brands Home & Security in a research report on Wednesday, June 7th. BidaskClub upgraded shares of Fortune Brands Home & Security from a “hold” rating to a “buy” rating in a research report on Thursday, June 22nd. Credit Suisse Group initiated coverage on shares of Fortune Brands Home & Security in a research report on Thursday, June 22nd. They set an “outperform” rating and a $72.00 target price on the stock. Finally, Zacks Investment Research upgraded shares of Fortune Brands Home & Security from a “hold” rating to a “buy” rating and set a $74.00 target price on the stock in a research report on Tuesday, June 27th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the stock. Fortune Brands Home & Security has a consensus rating of “Hold” and a consensus price target of $68.69.

Shares of Fortune Brands Home & Security, Inc. (FBHS) traded up 0.64% during trading on Friday, reaching $64.84. 481,075 shares of the company traded hands. The stock has a market capitalization of $9.99 billion, a PE ratio of 23.08 and a beta of 1.37. Fortune Brands Home & Security, Inc. has a 12-month low of $52.05 and a 12-month high of $67.50. The firm’s 50-day moving average is $63.84 and its 200-day moving average is $63.19.

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

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 13th. Shareholders of record on Friday, August 25th were paid a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $0.72 dividend on an annualized basis and a yield of 1.12%. Fortune Brands Home & Security’s dividend payout ratio is presently 25.35%.

Fortune Brands Home & Security Company Profile

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 our FREE daily email newsletter.

 


Latest News

Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster


Leave a Reply

 
© 2006-2017 BBNS.