Sei Investments Co. increased its position in shares of Brunswick Corporation (NYSE:BC) by 18.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 173,697 shares of the company’s stock after buying an additional 26,544 shares during the period. Sei Investments Co. owned 0.20% of Brunswick Corporation worth $9,721,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Advisors Asset Management Inc. acquired a new position in shares of Brunswick Corporation in the second quarter valued at $134,000. Bronfman E.L. Rothschild L.P. increased its holdings in shares of Brunswick Corporation by 149.8% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,550 shares of the company’s stock valued at $160,000 after purchasing an additional 1,529 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Brunswick Corporation by 9.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,217 shares of the company’s stock valued at $202,000 after purchasing an additional 280 shares during the last quarter. Advisor Group Inc. increased its holdings in shares of Brunswick Corporation by 2.7% in the second quarter. Advisor Group Inc. now owns 3,306 shares of the company’s stock valued at $202,000 after purchasing an additional 87 shares during the last quarter. Finally, Pitcairn Co. acquired a new position in shares of Brunswick Corporation in the second quarter valued at $213,000. Institutional investors and hedge funds own 89.12% of the company’s stock.

Several equities analysts have commented on BC shares. Aegis reiterated a “buy” rating and issued a $73.00 price objective on shares of Brunswick Corporation in a report on Thursday, August 17th. B. Riley reiterated a “buy” rating and issued a $70.00 price objective on shares of Brunswick Corporation in a report on Friday, July 28th. BidaskClub downgraded shares of Brunswick Corporation from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Royal Bank Of Canada reiterated a “buy” rating and issued a $67.00 price objective on shares of Brunswick Corporation in a report on Thursday, August 31st. Finally, KeyCorp reiterated a “buy” rating and issued a $62.00 price objective on shares of Brunswick Corporation in a report on Thursday, August 31st. One analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $62.50.

Shares of Brunswick Corporation (NYSE BC) opened at $51.66 on Tuesday. Brunswick Corporation has a 52-week low of $46.74 and a 52-week high of $63.82. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.81. The firm has a market cap of $4,510.00, a PE ratio of 13.63, a P/E/G ratio of 0.82 and a beta of 1.87.

Brunswick Corporation (NYSE:BC) last posted its quarterly earnings data on Thursday, October 26th. The company reported $0.91 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.00 by ($0.09). Brunswick Corporation had a return on equity of 22.71% and a net margin of 5.93%. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the prior year, the company earned $0.91 EPS. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. analysts expect that Brunswick Corporation will post 3.86 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Tuesday, November 21st will be given a dividend of $0.19 per share. This is a boost from Brunswick Corporation’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Monday, November 20th. This represents a $0.76 annualized dividend and a yield of 1.47%. Brunswick Corporation’s dividend payout ratio is currently 21.22%.

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Brunswick Corporation Company Profile

Brunswick Corporation is a designer, manufacturer and marketer of recreation products. The Company operates through three segments: Marine Engine, Boat and Fitness. The Company’s product includes marine engines, boats, fitness equipment and active recreation products. The Company’s engine-related products include outboard, sterndrive and inboard engines; trolling motors; propellers; engine control systems; and marine parts and accessories.

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Institutional Ownership by Quarter for Brunswick Corporation (NYSE:BC)

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