Cerebellum GP LLC increased its stake in Fortune Brands Home & Security Inc (NYSE:FBHS) by 575.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,804 shares of the industrial products company’s stock after acquiring an additional 7,500 shares during the period. Fortune Brands Home & Security comprises approximately 0.3% of Cerebellum GP LLC’s portfolio, making the stock its 22nd largest position. Cerebellum GP LLC’s holdings in Fortune Brands Home & Security were worth $575,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Fortune Brands Home & Security by 1.2% in the second quarter. Vanguard Group Inc. now owns 14,845,161 shares of the industrial products company’s stock worth $848,104,000 after acquiring an additional 172,161 shares in the last quarter. Pictet Asset Management Ltd. grew its position in Fortune Brands Home & Security by 37.8% in the second quarter. Pictet Asset Management Ltd. now owns 3,542,182 shares of the industrial products company’s stock worth $202,365,000 after acquiring an additional 971,613 shares in the last quarter. Amundi Pioneer Asset Management Inc. grew its position in Fortune Brands Home & Security by 4.5% in the second quarter. Amundi Pioneer Asset Management Inc. now owns 1,168,952 shares of the industrial products company’s stock worth $298,817,000 after acquiring an additional 50,074 shares in the last quarter. Point72 Asset Management L.P. grew its position in Fortune Brands Home & Security by 65.6% in the third quarter. Point72 Asset Management L.P. now owns 1,095,176 shares of the industrial products company’s stock worth $59,906,000 after acquiring an additional 433,998 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. grew its position in Fortune Brands Home & Security by 27.8% in the second quarter. D. E. Shaw & Co. Inc. now owns 781,180 shares of the industrial products company’s stock worth $44,629,000 after acquiring an additional 169,948 shares in the last quarter. Institutional investors own 86.50% of the company’s stock.

Several brokerages recently issued reports on FBHS. Goldman Sachs Group began coverage on shares of Fortune Brands Home & Security in a research report on Friday, December 6th. They issued a “buy” rating and a $74.00 target price for the company. Zelman & Associates downgraded shares of Fortune Brands Home & Security from a “buy” rating to a “hold” rating in a research note on Friday, November 15th. Deutsche Bank began coverage on shares of Fortune Brands Home & Security in a research note on Wednesday, November 20th. They issued a “buy” rating and a $76.00 price target for the company. Jefferies Financial Group boosted their price target on shares of Fortune Brands Home & Security from $67.00 to $73.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Finally, SunTrust Banks raised shares of Fortune Brands Home & Security from a “hold” rating to a “buy” rating and boosted their price target for the stock from $58.00 to $75.00 in a research note on Monday, October 28th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $66.91.

Fortune Brands Home & Security stock opened at $69.07 on Thursday. The company has a quick ratio of 0.83, a current ratio of 1.39 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $9.47 billion, a PE ratio of 20.68, a P/E/G ratio of 1.82 and a beta of 1.53. The firm has a fifty day simple moving average of $65.26 and a two-hundred day simple moving average of $58.12. Fortune Brands Home & Security Inc has a twelve month low of $40.61 and a twelve month high of $69.25.

Fortune Brands Home & Security (NYSE:FBHS) last posted its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.02). The business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.49 billion. Fortune Brands Home & Security had a return on equity of 21.55% and a net margin of 7.23%. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.93 earnings per share. As a group, equities analysts expect that Fortune Brands Home & Security Inc will post 3.58 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.39%. This is an increase from Fortune Brands Home & Security’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, February 27th. Fortune Brands Home & Security’s dividend payout ratio is 26.35%.

In other news, VP Danny Luburic sold 7,500 shares of the company’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $61.09, for a total transaction of $458,175.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Christopher J. Klein sold 110,530 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $62.06, for a total transaction of $6,859,491.80. Over the last ninety days, insiders have sold 262,762 shares of company stock valued at $16,496,720. Insiders own 1.63% of the company’s stock.

Fortune Brands Home & Security Company 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 three segments: Cabinets, Plumbing, and Doors & 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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