NumerixS Investment Technologies Inc Has $77,000 Stake in Fortune Brands Home & Security Inc (FBHS)

NumerixS Investment Technologies Inc decreased its holdings in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) by 92.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,051 shares of the industrial products company’s stock after selling 24,793 shares during the quarter. NumerixS Investment Technologies Inc’s holdings in Fortune Brands Home & Security were worth $77,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Capital Investment Advisory Services LLC purchased a new stake in Fortune Brands Home & Security during the fourth quarter worth $32,000. Doyle Wealth Management purchased a new stake in Fortune Brands Home & Security during the fourth quarter worth $33,000. Essex Savings Bank purchased a new stake in Fortune Brands Home & Security during the fourth quarter worth $76,000. Penserra Capital Management LLC purchased a new stake in Fortune Brands Home & Security during the fourth quarter worth $80,000. Finally, ETF Managers Group LLC lifted its holdings in Fortune Brands Home & Security by 15.7% during the fourth quarter. ETF Managers Group LLC now owns 2,211 shares of the industrial products company’s stock worth $84,000 after buying an additional 300 shares during the period. 88.30% of the stock is currently owned by hedge funds and other institutional investors.

In other news, VP Danny Luburic sold 2,000 shares of the stock in a transaction on Tuesday, February 12th. The stock was sold at an average price of $46.96, for a total transaction of $93,920.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.71% of the company’s stock.

Shares of FBHS opened at $45.94 on Friday. Fortune Brands Home & Security Inc has a 12 month low of $35.27 and a 12 month high of $62.43. The company has a quick ratio of 0.68, a current ratio of 1.13 and a debt-to-equity ratio of 0.83. The firm has a market cap of $6.46 billion, a PE ratio of 13.75, a price-to-earnings-growth ratio of 1.43 and a beta of 1.46.

Fortune Brands Home & Security (NYSE:FBHS) last issued its quarterly earnings data on Thursday, January 31st. The industrial products company reported $0.86 EPS for the quarter, missing the 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 for the quarter, compared to analysts’ expectations of $1.46 billion. Analysts forecast that Fortune Brands Home & Security Inc will post 3.63 earnings per share for the current year.

A number of research firms have weighed in on FBHS. ValuEngine upgraded Fortune Brands Home & Security from a “strong sell” rating to a “sell” rating in a report on Wednesday, February 13th. Evercore ISI upgraded Fortune Brands Home & Security from an “in-line” rating to an “outperform” rating in a report on Monday, January 7th. Zacks Investment Research lowered Fortune Brands Home & Security from a “buy” rating to a “hold” rating in a report on Monday, January 7th. Loop Capital upped their target price on Fortune Brands Home & Security to $44.00 and gave the stock a “hold” rating in a report on Friday, February 1st. Finally, Credit Suisse Group restated a “hold” rating and set a $49.00 target price on shares of Fortune Brands Home & Security in a report on Thursday, February 7th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $53.91.

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Fortune Brands Home & Security 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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