Fortune Brands Home & Security, Inc. (NYSE:FBHS) insider E Lee Wyatt sold 40,000 shares of the stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $65.20, for a total transaction of $2,608,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

E Lee Wyatt also recently made the following trade(s):

  • On Friday, June 2nd, E Lee Wyatt sold 40,000 shares of Fortune Brands Home & Security stock. The shares were sold at an average price of $63.48, for a total transaction of $2,539,200.00.

Shares of Fortune Brands Home & Security, Inc. (NYSE:FBHS) traded down 1.39% during midday trading on Tuesday, hitting $64.35. The stock had a trading volume of 1,652,660 shares. The stock’s 50-day moving average is $65.84 and its 200-day moving average is $61.76. The stock has a market cap of $10.08 billion, a PE ratio of 22.91 and a beta of 1.39. Fortune Brands Home & Security, Inc. has a 12 month low of $52.05 and a 12 month high of $67.50.

Fortune Brands Home & Security (NYSE:FBHS) last announced its quarterly earnings results on Wednesday, August 2nd. The industrial products company reported $0.92 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same period in the prior year, the company earned $0.82 earnings per share. The firm’s revenue was up 5.2% on a year-over-year basis. Equities analysts anticipate that Fortune Brands Home & Security, Inc. will post $3.10 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 13th. Investors of record on Friday, August 25th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend is Wednesday, August 23rd. Fortune Brands Home & Security’s payout ratio is presently 25.35%.

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Institutional investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue purchased a new position in shares of Fortune Brands Home & Security during the first quarter worth approximately $126,000. Huntington National Bank raised its position in shares of Fortune Brands Home & Security by 116.9% in the first quarter. Huntington National Bank now owns 6,893 shares of the industrial products company’s stock worth $419,000 after buying an additional 3,715 shares during the last quarter. Sanders Morris Harris Inc. purchased a new position in shares of Fortune Brands Home & Security during the first quarter worth approximately $6,225,000. Courier Capital LLC purchased a new position in shares of Fortune Brands Home & Security during the first quarter worth approximately $209,000. Finally, DnB Asset Management AS raised its position in shares of Fortune Brands Home & Security by 29.5% in the first quarter. DnB Asset Management AS now owns 19,300 shares of the industrial products company’s stock worth $1,174,000 after buying an additional 4,400 shares during the last quarter. 85.89% of the stock is owned by institutional investors.

A number of analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Fortune Brands Home & Security from a “buy” rating to a “hold” rating in a research report on Friday. BidaskClub cut Fortune Brands Home & Security from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Jefferies Group LLC increased their price target on Fortune Brands Home & Security from $67.00 to $72.00 and gave the stock a “buy” rating in a report on Monday, April 24th. Royal Bank Of Canada restated a “buy” rating on shares of Fortune Brands Home & Security in a report on Thursday, April 27th. Finally, Longbow Research upgraded Fortune Brands Home & Security from a “neutral” rating to a “buy” rating and set a $72.00 price target on the stock in a report on Tuesday, July 4th. Nine research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Fortune Brands Home & Security has a consensus rating of “Buy” and an average target price of $67.73.

Fortune Brands Home & Security Company 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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