Sentiment for Fortune Brands Home & Security Inc (NYSE:FBHS)
Fortune Brands Home & Security Inc (NYSE:FBHS) institutional sentiment decreased to 0.85 in Q1 2018. Its down -0.56, from 1.41 in 2017Q4. The ratio worsened, as 178 investment managers increased and started new positions, while 209 sold and trimmed stakes in Fortune Brands Home & Security Inc. The investment managers in our partner’s database now have: 120.01 million shares, down from 127.08 million shares in 2017Q4. Also, the number of investment managers holding Fortune Brands Home & Security Inc in their top 10 positions was flat from 2 to 2 for the same number . Sold All: 47 Reduced: 162 Increased: 128 New Position: 50.
Fortune Brands Home & Security, Inc. provides home and security products for use in residential home repair, remodeling, new construction, and security applications. The company has market cap of $8.29 billion. It operates in four divisions: Cabinets, Plumbing, Doors, and Security. It has a 18.73 P/E ratio. The Cabinets segment makes 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.
The stock increased 1.12% or $0.63 during the last trading session, reaching $56.8. About 1.07M shares traded. Fortune Brands Home & Security, Inc. (NYSE:FBHS) has declined 8.98% since June 2, 2017 and is downtrending. It has underperformed by 21.55% the S&P500.
Analysts await Fortune Brands Home & Security, Inc. (NYSE:FBHS) to report earnings on August, 1. They expect $1.04 earnings per share, up 13.04 % or $0.12 from last year’s $0.92 per share. FBHS’s profit will be $151.75M for 13.65 P/E if the $1.04 EPS becomes a reality. After $0.56 actual earnings per share reported by Fortune Brands Home & Security, Inc. for the previous quarter, Wall Street now forecasts 85.71 % EPS growth.
Incline Global Management Llc holds 3.58% of its portfolio in Fortune Brands Home & Security, Inc. for 1.12 million shares. Premier Asset Management Llc owns 210,850 shares or 2.78% of their US portfolio. Moreover, Crystal Rock Capital Management has 2.61% invested in the company for 63,521 shares. The Louisiana-based Waters Parkerson & Co. Llc has invested 2.1% in the stock. Greenwood Gearhart Inc, a Arkansas-based fund reported 114,909 shares.
Since January 1, 0001, it had 0 buys, and 2 insider sales for $644,647 activity.
Fortune Brands Home & Security, Inc. (NYSE:FBHS) Ratings Coverage
Ratings analysis reveals 56% of Fortune Brands’s analysts are positive. Out of 9 Wall Street analysts rating Fortune Brands, 5 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $6200 while the high is $84.0. The stock’s average target of $70.13 is 23.47% above today’s ($56.8) share price. FBHS was included in 13 notes of analysts from January 17, 2018. The stock has “Buy” rating by Gabelli on Monday, February 12. The stock of Fortune Brands Home & Security, Inc. (NYSE:FBHS) earned “Buy” rating by Jefferies on Wednesday, January 17. Robert W. Baird maintained it with “Buy” rating and $75.0 target in Thursday, February 1 report. The rating was maintained by Jefferies on Friday, February 2 with “Buy”. The rating was maintained by Barclays Capital with “Equal-Weight” on Friday, February 2. Bank of America downgraded Fortune Brands Home & Security, Inc. (NYSE:FBHS) rating on Monday, May 14. Bank of America has “Hold” rating and $6200 target. The stock of Fortune Brands Home & Security, Inc. (NYSE:FBHS) earned “Equal-Weight” rating by Barclays Capital on Friday, April 27. The stock has “Neutral” rating by Citigroup on Monday, April 30. Credit Suisse maintained the shares of FBHS in report on Monday, January 22 with “Buy” rating. On Thursday, April 19 the stock rating was maintained by Robert W. Baird with “Buy”.
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