Parametrica Management Ltd acquired a new position in shares of Spectrum Brands Holdings, Inc. (NYSE:SPB) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,668 shares of the company’s stock, valued at approximately $300,000.

Several other large investors also recently modified their holdings of the company. Flinton Capital Management LLC lifted its position in shares of Spectrum Brands by 4.8% during the 2nd quarter. Flinton Capital Management LLC now owns 6,320 shares of the company’s stock worth $790,000 after buying an additional 288 shares during the last quarter. Cubist Systematic Strategies LLC lifted its position in shares of Spectrum Brands by 20.3% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 2,766 shares of the company’s stock worth $346,000 after buying an additional 466 shares during the last quarter. Texas Yale Capital Corp. lifted its position in shares of Spectrum Brands by 4.4% during the 3rd quarter. Texas Yale Capital Corp. now owns 12,120 shares of the company’s stock worth $1,284,000 after buying an additional 510 shares during the last quarter. California Public Employees Retirement System lifted its position in shares of Spectrum Brands by 1.3% during the 3rd quarter. California Public Employees Retirement System now owns 43,041 shares of the company’s stock worth $4,559,000 after buying an additional 541 shares during the last quarter. Finally, Sei Investments Co. lifted its position in shares of Spectrum Brands by 8.2% during the 3rd quarter. Sei Investments Co. now owns 7,730 shares of the company’s stock worth $819,000 after buying an additional 583 shares during the last quarter. Institutional investors and hedge funds own 47.68% of the company’s stock.

Several analysts have recently weighed in on SPB shares. Wells Fargo & Co restated a “buy” rating on shares of Spectrum Brands in a research report on Wednesday, December 20th. Rowe restated a “buy” rating and set a $167.00 price objective on shares of Spectrum Brands in a research report on Wednesday, January 3rd. Oppenheimer restated a “buy” rating on shares of Spectrum Brands in a research report on Wednesday, December 20th. Gabelli upgraded shares of Spectrum Brands from a “hold” rating to a “buy” rating in a research report on Friday, November 17th. Finally, Royal Bank of Canada restated a “buy” rating and set a $155.00 price objective on shares of Spectrum Brands in a research report on Wednesday, November 15th. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the stock. Spectrum Brands presently has a consensus rating of “Buy” and an average target price of $142.50.

Shares of Spectrum Brands Holdings, Inc. (NYSE:SPB) opened at $113.34 on Monday. Spectrum Brands Holdings, Inc. has a 12-month low of $98.11 and a 12-month high of $146.09. The company has a market cap of $6,531.34, a price-to-earnings ratio of 20.76, a P/E/G ratio of 1.70 and a beta of 0.69. The company has a debt-to-equity ratio of 2.06, a current ratio of 1.44 and a quick ratio of 0.75.

Spectrum Brands (NYSE:SPB) last released its quarterly earnings results on Thursday, November 16th. The company reported $1.35 EPS for the quarter, missing the consensus estimate of $1.47 by ($0.12). Spectrum Brands had a net margin of 5.91% and a return on equity of 17.48%. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter last year, the company earned $1.31 EPS. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. equities analysts forecast that Spectrum Brands Holdings, Inc. will post 6.14 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Tuesday, February 20th will be given a $0.42 dividend. The ex-dividend date of this dividend is Friday, February 16th. This represents a $1.68 annualized dividend and a yield of 1.48%. Spectrum Brands’s dividend payout ratio (DPR) is 33.33%.

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About Spectrum Brands

Spectrum Brands Holdings, Inc (SB Holdings) is a diversified global consumer products company. The Company manufactures, markets and/or distributes its products in approximately 160 countries in the North America (NA); Europe, the Middle East and Africa (EMEA); Latin America (LATAM), and Asia-Pacific (APAC) regions.

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Institutional Ownership by Quarter for Spectrum Brands (NYSE:SPB)

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