Crystal Rock Capital Management decreased its position in Fortune Brands Home & Security, Inc. (NYSE:FBHS) by 4.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 85,991 shares of the industrial products company’s stock after selling 3,800 shares during the quarter. Fortune Brands Home & Security makes up approximately 3.6% of Crystal Rock Capital Management’s portfolio, making the stock its 11th largest holding. Crystal Rock Capital Management owned 0.06% of Fortune Brands Home & Security worth $5,610,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its position in shares of Fortune Brands Home & Security by 1.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,884 shares of the industrial products company’s stock valued at $123,000 after purchasing an additional 23 shares during the period. 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 purchasing an additional 470 shares during the period. State of Alaska Department of Revenue raised its position in shares of Fortune Brands Home & Security by 1.9% in the second quarter. State of Alaska Department of Revenue now owns 2,115 shares of the industrial products company’s stock valued at $137,000 after purchasing an additional 40 shares during the period. Salem Investment Counselors Inc. raised its position in shares of Fortune Brands Home & Security by 3.5% in the first quarter. Salem Investment Counselors Inc. now owns 2,454 shares of the industrial products company’s stock valued at $148,000 after purchasing an additional 83 shares during the period. Finally, 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 purchasing an additional 1,850 shares during the period. 88.13% of the stock is currently owned by institutional investors.

Shares of Fortune Brands Home & Security, Inc. (FBHS) traded up 0.34% during trading on Monday, reaching $64.96. 113,984 shares of the company were exchanged. Fortune Brands Home & Security, Inc. has a one year low of $52.05 and a one year high of $67.50. The stock has a market capitalization of $10.00 billion, a price-to-earnings ratio of 23.13 and a beta of 1.37. The company has a 50 day moving average price of $63.81 and a 200-day moving average price of $63.24.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 13th. Shareholders of record on Friday, August 25th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.11%. The ex-dividend date was Wednesday, August 23rd. Fortune Brands Home & Security’s dividend payout ratio is 25.35%.

A number of research firms have recently commented on FBHS. BidaskClub lowered shares of Fortune Brands Home & Security from a “hold” rating to a “sell” rating in a research report on Saturday, August 12th. Royal Bank Of Canada reissued a “buy” rating and issued a $75.00 price target on shares of Fortune Brands Home & Security in a research report on Tuesday, July 18th. Jefferies Group LLC reissued a “buy” rating and issued a $76.00 price target on shares of Fortune Brands Home & Security in a research report on Friday, July 14th. Credit Suisse Group began coverage on shares of Fortune Brands Home & Security in a research report on Thursday, June 22nd. They issued an “outperform” rating and a $72.00 price target on the stock. Finally, 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 research report on Tuesday, July 4th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $68.69.

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In other Fortune Brands Home & Security news, CEO Christopher J. Klein sold 55,000 shares of the firm’s stock in a transaction on Thursday, June 29th. The stock was sold at an average price of $64.91, for a total transaction of $3,570,050.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider E Lee Wyatt sold 40,000 shares of the firm’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $65.20, for a total value of $2,608,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 157,600 shares of company stock valued at $10,114,136 in the last ninety days. Insiders own 1.61% of the company’s stock.

Fortune Brands Home & Security 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.

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

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