KBC Group NV grew its holdings in Brunswick Co. (NYSE:BC) by 73.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,342 shares of the company’s stock after purchasing an additional 2,689 shares during the quarter. KBC Group NV’s holdings in Brunswick were worth $295,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Emerald Advisers LLC boosted its position in Brunswick by 39.6% during the fourth quarter. Emerald Advisers LLC now owns 34,755 shares of the company’s stock valued at $1,614,000 after purchasing an additional 9,855 shares during the last quarter. Arizona State Retirement System boosted its position in Brunswick by 1.1% during the fourth quarter. Arizona State Retirement System now owns 62,257 shares of the company’s stock valued at $2,892,000 after purchasing an additional 679 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Brunswick by 18.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,744 shares of the company’s stock valued at $313,000 after purchasing an additional 1,051 shares during the last quarter. Sumitomo Life Insurance Co. boosted its position in Brunswick by 2.5% during the fourth quarter. Sumitomo Life Insurance Co. now owns 28,390 shares of the company’s stock valued at $1,319,000 after purchasing an additional 685 shares during the last quarter. Finally, Lenox Wealth Management Inc. boosted its position in Brunswick by 4.1% during the fourth quarter. Lenox Wealth Management Inc. now owns 5,510 shares of the company’s stock valued at $256,000 after purchasing an additional 217 shares during the last quarter. 95.84% of the stock is currently owned by institutional investors.

In related news, Director Manuel A. Fernandez acquired 13,235 shares of the stock in a transaction on Friday, November 30th. The shares were purchased at an average price of $53.09 per share, for a total transaction of $702,646.15. Following the purchase, the director now directly owns 109,784 shares in the company, valued at $5,828,432.56. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Ralph C. Stayer acquired 3,310 shares of the stock in a transaction on Thursday, December 6th. The shares were bought at an average price of $51.22 per share, for a total transaction of $169,538.20. Following the purchase, the director now owns 116,211 shares in the company, valued at $5,952,327.42. The disclosure for this purchase can be found here. Company insiders own 1.00% of the company’s stock.

BC opened at $51.43 on Tuesday. The company has a market capitalization of $4.46 billion, a PE ratio of 10.78, a price-to-earnings-growth ratio of 0.81 and a beta of 1.67. The company has a quick ratio of 0.75, a current ratio of 1.50 and a debt-to-equity ratio of 0.75. Brunswick Co. has a 12-month low of $41.92 and a 12-month high of $69.82.

Brunswick (NYSE:BC) last released its quarterly earnings results on Thursday, January 31st. The company reported $0.98 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.08. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Brunswick had a return on equity of 27.37% and a net margin of 5.20%. During the same period last year, the firm posted $0.70 EPS. As a group, equities research analysts anticipate that Brunswick Co. will post 4.97 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Tuesday, February 26th will be issued a dividend of $0.21 per share. The ex-dividend date is Monday, February 25th. This represents a $0.84 annualized dividend and a yield of 1.63%. Brunswick’s payout ratio is currently 17.61%.

A number of analysts have recently issued reports on BC shares. Imperial Capital reaffirmed an “outperform” rating and issued a $70.00 price objective (down from $90.00) on shares of Brunswick in a research report on Friday, October 26th. JPMorgan Chase & Co. started coverage on Brunswick in a research report on Friday, January 11th. They issued a “neutral” rating and a $52.00 price objective for the company. B. Riley reaffirmed a “buy” rating on shares of Brunswick in a research report on Thursday, December 27th. Wells Fargo & Co cut their price objective on Brunswick from $65.00 to $60.00 and set an “outperform” rating for the company in a research report on Tuesday, December 18th. Finally, TheStreet raised Brunswick from a “c” rating to a “b-” rating in a research report on Thursday, January 31st. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $70.67.

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Brunswick Profile

Brunswick Corporation designs, manufactures, and markets recreation products worldwide. The company's Marine Engine segment offers outboard, sterndrive, and inboard engine and propulsion systems; marine electronics and control integration systems, steering systems, instruments, controls, propellers, trolling motors, fuel systems, service parts, and lubricants; and diesel propulsion systems to the recreational and commercial marine markets.

See Also: 12b-1 Fees

Institutional Ownership by Quarter for Brunswick (NYSE:BC)

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