Fortune Brands Home & Security, Inc. (FBHS) Holdings Increased by Macquarie Group Ltd.

Macquarie Group Ltd. boosted its position in Fortune Brands Home & Security, Inc. (NYSE:FBHS) by 17.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 302,412 shares of the industrial products company’s stock after purchasing an additional 45,791 shares during the quarter. Macquarie Group Ltd. owned about 0.20% of Fortune Brands Home & Security worth $19,729,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Fortune Brands Home & Security by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 15,160,589 shares of the industrial products company’s stock worth $989,078,000 after purchasing an additional 460,317 shares in the last quarter. BlackRock Inc. lifted its stake in Fortune Brands Home & Security by 3.3% in the 2nd quarter. BlackRock Inc. now owns 12,998,091 shares of the industrial products company’s stock worth $847,995,000 after purchasing an additional 417,624 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Fortune Brands Home & Security by 2.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,678,714 shares of the industrial products company’s stock worth $500,961,000 after purchasing an additional 194,325 shares in the last quarter. Pictet Asset Management Ltd. lifted its stake in Fortune Brands Home & Security by 25.9% in the 2nd quarter. Pictet Asset Management Ltd. now owns 2,500,219 shares of the industrial products company’s stock worth $157,763,000 after purchasing an additional 514,041 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Fortune Brands Home & Security by 8.9% in 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 buying an additional 122,830 shares during the last quarter. Institutional investors and hedge funds own 88.13% of the company’s stock.

Fortune Brands Home & Security, Inc. (NYSE:FBHS) opened at 66.25 on Friday. The company’s 50 day moving average is $64.70 and its 200 day moving average is $64.09. The company has a market cap of $10.20 billion, a price-to-earnings ratio of 23.58 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 $67.77.

Fortune Brands Home & Security (NYSE:FBHS) last posted its quarterly earnings data on Wednesday, August 2nd. The industrial products company reported $0.92 earnings per share for the quarter, beating the Zacks’ 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 business had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter in the previous year, the business posted $0.82 earnings per share. The business’s revenue was up 5.2% compared to the same quarter last year. Analysts forecast that Fortune Brands Home & Security, Inc. will post $3.09 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Friday, November 24th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Wednesday, November 22nd. Fortune Brands Home & Security’s dividend payout ratio (DPR) is 25.35%.

In other news, CEO Christopher J. Klein sold 60,000 shares of the company’s stock in a transaction dated 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 can be accessed through this hyperlink. Also, insider E Lee Wyatt sold 40,000 shares of the company’s stock in a transaction dated 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 have sold 136,000 shares of company stock worth $8,715,420 in the last quarter. Company insiders own 1.61% of the company’s stock.

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A number of equities analysts have recently commented on the stock. Jefferies Group LLC reissued a “buy” rating and issued a $78.00 price target on shares of Fortune Brands Home & Security in a report on Thursday. Longbow Research raised shares of Fortune Brands Home & Security from a “neutral” rating to a “buy” rating and set a $72.00 price target on the stock in a report on Tuesday, July 4th. BidaskClub lowered shares of Fortune Brands Home & Security from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Zacks Investment Research raised shares of Fortune Brands Home & Security from a “hold” rating to a “buy” rating and set a $75.00 price target on the stock in a report on Thursday, July 20th. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $75.00 price target on shares of Fortune Brands Home & Security in a report on Monday, August 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company’s stock. Fortune Brands Home & Security currently has a consensus rating of “Hold” and a consensus target price of $68.75.

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.

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

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