Squarepoint Ops LLC lifted its holdings in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) by 12.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 137,371 shares of the industrial products company’s stock after purchasing an additional 15,027 shares during the period. Squarepoint Ops LLC’s holdings in Fortune Brands Home & Security were worth $5,219,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. BlackRock Inc. lifted its stake in shares of Fortune Brands Home & Security by 20.3% during the third quarter. BlackRock Inc. now owns 16,204,204 shares of the industrial products company’s stock valued at $848,454,000 after acquiring an additional 2,733,216 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Fortune Brands Home & Security by 0.7% during the third quarter. JPMorgan Chase & Co. now owns 6,412,616 shares of the industrial products company’s stock valued at $335,764,000 after acquiring an additional 43,501 shares during the period. Pictet Asset Management Ltd. lifted its stake in shares of Fortune Brands Home & Security by 4.9% during the third quarter. Pictet Asset Management Ltd. now owns 2,204,472 shares of the industrial products company’s stock valued at $115,426,000 after acquiring an additional 103,489 shares during the period. Geode Capital Management LLC lifted its stake in shares of Fortune Brands Home & Security by 7.3% during the fourth quarter. Geode Capital Management LLC now owns 1,920,463 shares of the industrial products company’s stock valued at $72,834,000 after acquiring an additional 131,460 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Fortune Brands Home & Security by 2.8% during the fourth quarter. Northern Trust Corp now owns 1,605,250 shares of the industrial products company’s stock valued at $60,983,000 after acquiring an additional 44,434 shares during the period. Institutional investors own 87.99% of the company’s stock.

In other Fortune Brands Home & Security news, VP Danny Luburic sold 2,000 shares of the stock in a transaction dated Tuesday, February 12th. The stock was sold at an average price of $46.96, for a total value of $93,920.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.71% of the company’s stock.

Several brokerages have recently issued reports on FBHS. Credit Suisse Group upped their price target on Fortune Brands Home & Security from $49.00 to $53.00 and gave the company an “outperform” rating in a research note on Monday, March 18th. ValuEngine raised Fortune Brands Home & Security from a “strong sell” rating to a “sell” rating in a research note on Wednesday, February 13th. Loop Capital upped their price target on Fortune Brands Home & Security to $44.00 and gave the company a “hold” rating in a research note on Friday, February 1st. Zacks Investment Research raised Fortune Brands Home & Security from a “sell” rating to a “hold” rating in a research note on Wednesday, January 23rd. Finally, Evercore ISI raised Fortune Brands Home & Security from an “in-line” rating to an “outperform” rating in a research note on Monday, January 7th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. Fortune Brands Home & Security currently has a consensus rating of “Hold” and an average target price of $54.27.

NYSE:FBHS opened at $45.01 on Monday. Fortune Brands Home & Security Inc has a 1-year low of $35.27 and a 1-year high of $60.34. The company has a current ratio of 1.13, a quick ratio of 0.68 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $6.34 billion, a price-to-earnings ratio of 13.48, a P/E/G ratio of 1.39 and a beta of 1.46.

Fortune Brands Home & Security (NYSE:FBHS) last released its earnings results on Thursday, January 31st. The industrial products company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.08). Fortune Brands Home & Security had a net margin of 7.10% and a return on equity of 21.91%. The company had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.46 billion. Research analysts anticipate that Fortune Brands Home & Security Inc will post 3.63 EPS for the current year.

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Fortune Brands Home & Security Company Profile

Fortune Brands Home & Security, Inc, together with its subsidiaries, provides home and security products for residential home repair, remodeling, new construction, and security applications. It operates in four segments: Cabinets, Plumbing, Doors, and Security. The Cabinets segment manufactures 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.

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

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