Cape Cod Five Cents Savings Bank lowered its position in Fortune Brands Home & Security Inc (NYSE:FBHS) by 1.7% during the first quarter, Holdings Channel reports. The firm owned 9,927 shares of the industrial products company’s stock after selling 167 shares during the period. Cape Cod Five Cents Savings Bank’s holdings in Fortune Brands Home & Security were worth $604,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. State Street Corp increased its stake in shares of Fortune Brands Home & Security by 6.2% in the fourth quarter. State Street Corp now owns 7,175,069 shares of the industrial products company’s stock valued at $383,580,000 after buying an additional 420,073 shares during the period. BlackRock Fund Advisors increased its stake in shares of Fortune Brands Home & Security by 0.4% in the third quarter. BlackRock Fund Advisors now owns 2,826,713 shares of the industrial products company’s stock valued at $164,232,000 after buying an additional 10,027 shares during the period. Northern Trust Corp increased its stake in shares of Fortune Brands Home & Security by 0.6% in the third quarter. Northern Trust Corp now owns 1,644,855 shares of the industrial products company’s stock valued at $95,566,000 after buying an additional 9,574 shares during the period. Janus Capital Management LLC increased its stake in shares of Fortune Brands Home & Security by 15.2% in the fourth quarter. Janus Capital Management LLC now owns 1,632,321 shares of the industrial products company’s stock valued at $87,264,000 after buying an additional 215,865 shares during the period. Finally, Norges Bank purchased a new stake in shares of Fortune Brands Home & Security during the fourth quarter valued at about $69,759,000. 89.07% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Fortune Brands Home & Security Inc (NYSE:FBHS) traded up 0.80% during trading on Friday, reaching $62.82. The company had a trading volume of 933,121 shares. The firm has a market capitalization of $9.62 billion, a PE ratio of 24.02 and a beta of 1.27. Fortune Brands Home & Security Inc has a 12 month low of $52.05 and a 12 month high of $64.47. The stock has a 50 day moving average price of $60.58 and a 200 day moving average price of $56.79.

Fortune Brands Home & Security (NYSE:FBHS) last posted its quarterly earnings data on Tuesday, January 31st. The industrial products company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.02. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.32 billion. Fortune Brands Home & Security had a return on equity of 18.68% and a net margin of 8.18%. The business’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.54 earnings per share. On average, equities research analysts forecast that Fortune Brands Home & Security Inc will post $3.03 EPS for the current year.

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FBHS has been the subject of a number of recent analyst reports. Jefferies Group LLC reissued a “buy” rating on shares of Fortune Brands Home & Security in a research report on Thursday, April 13th. Zacks Investment Research raised shares of Fortune Brands Home & Security from a “hold” rating to a “buy” rating and set a $61.00 price target for the company in a research report on Monday, January 2nd. Longbow Research raised shares of Fortune Brands Home & Security from a “neutral” rating to a “buy” rating and set a $72.00 price target for the company in a research report on Thursday, April 6th. Barclays PLC initiated coverage on shares of Fortune Brands Home & Security in a research report on Thursday, January 5th. They set an “equal weight” rating and a $59.00 price target for the company. Finally, Instinet reissued a “hold” rating on shares of Fortune Brands Home & Security in a research report on Friday, April 14th. Nine research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Fortune Brands Home & Security currently has a consensus rating of “Buy” and an average target price of $64.33.

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.

5 Day Chart for NYSE:FBHS

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