Oakbrook Investments LLC Has $797,000 Position in Fortune Brands Home & Security, Inc. (FBHS)

Oakbrook Investments LLC increased its position in shares of Fortune Brands Home & Security, Inc. (NYSE:FBHS) by 0.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 12,220 shares of the industrial products company’s stock after buying an additional 70 shares during the period. Oakbrook Investments LLC’s holdings in Fortune Brands Home & Security were worth $797,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. BLB&B Advisors LLC purchased a new position in shares of Fortune Brands Home & Security during the first quarter valued at about $215,000. Private Trust Co. NA purchased a new position in shares of Fortune Brands Home & Security during the first quarter valued at about $468,000. Gulf International Bank UK Ltd raised its position in shares of Fortune Brands Home & Security by 1.5% in the first quarter. Gulf International Bank UK Ltd now owns 48,700 shares of the industrial products company’s stock valued at $2,963,000 after buying an additional 700 shares during the period. Boltwood Capital Management purchased a new position in shares of Fortune Brands Home & Security during the first quarter valued at about $203,000. Finally, Swarthmore Group Inc. raised its position in Fortune Brands Home & Security by 9.8% in the first quarter. Swarthmore Group Inc. now owns 312,000 shares of the industrial products company’s stock valued at $18,985,000 after buying an additional 27,975 shares during the last quarter. 85.73% of the stock is currently owned by institutional investors.

Fortune Brands Home & Security, Inc. (NYSE FBHS) traded down 0.30% during trading on Friday, reaching $62.50. The company’s stock had a trading volume of 1,327,532 shares. Fortune Brands Home & Security, Inc. has a 12 month low of $52.05 and a 12 month high of $67.50. The company has a market cap of $9.63 billion, a price-to-earnings ratio of 22.25 and a beta of 1.39. The stock’s 50 day moving average is $65.38 and its 200 day moving average is $62.34.

Fortune Brands Home & Security (NYSE:FBHS) last released its earnings results on Wednesday, August 2nd. The industrial products company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates 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 company 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 company earned $0.82 EPS. Fortune Brands Home & Security’s revenue for the quarter was up 5.2% on a year-over-year basis. On average, equities analysts expect that Fortune Brands Home & Security, Inc. will post $3.10 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 13th. Shareholders of record on Friday, August 25th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend is Wednesday, August 23rd. Fortune Brands Home & Security’s payout ratio is currently 25.35%.

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FBHS has been the subject of several recent analyst reports. Zacks Investment Research downgraded Fortune Brands Home & Security from a “hold” rating to a “sell” rating in a report on Monday, April 24th. Jefferies Group LLC increased their price target on Fortune Brands Home & Security from $67.00 to $72.00 and gave the company a “buy” rating in a research report on Monday, April 24th. Royal Bank Of Canada reissued a “buy” rating on shares of Fortune Brands Home & Security in a research report on Thursday, April 27th. Barclays PLC reissued a “hold” rating and set a $62.00 price target on shares of Fortune Brands Home & Security in a research report on Friday, April 28th. Finally, BidaskClub raised Fortune Brands Home & Security from a “hold” rating to a “buy” rating in a research report on Thursday, June 22nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $67.73.

In other news, CEO Christopher J. Klein sold 40,063 shares of the business’s stock in a transaction dated Wednesday, May 31st. The shares were sold at an average price of $63.13, for a total value of $2,529,177.19. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Norman H. Wesley sold 18,202 shares of the business’s stock in a transaction dated Thursday, June 8th. The stock was sold at an average price of $62.63, for a total transaction of $1,139,991.26. Following the completion of the sale, the director now owns 2,132 shares in the company, valued at $133,527.16. The disclosure for this sale can be found here. In the last quarter, insiders sold 193,265 shares of company stock worth $12,386,418. Corporate insiders own 1.61% of the company’s stock.

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.

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

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