Fmr LLC raised its holdings in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) by 44.9% in the 4th quarter, HoldingsChannel reports. The fund owned 3,002,891 shares of the industrial products company’s stock after buying an additional 929,793 shares during the quarter. Fmr LLC’s holdings in Fortune Brands Home & Security were worth $114,079,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in FBHS. Capital Investment Advisory Services LLC acquired a new position in shares of Fortune Brands Home & Security during the 4th quarter worth about $32,000. JOYN Advisors Inc. boosted its position in shares of Fortune Brands Home & Security by 196.5% in the 4th quarter. JOYN Advisors Inc. now owns 836 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 554 shares during the period. Doyle Wealth Management acquired a new stake in shares of Fortune Brands Home & Security in the 4th quarter valued at about $33,000. CSat Investment Advisory L.P. boosted its position in shares of Fortune Brands Home & Security by 117.8% in the 4th quarter. CSat Investment Advisory L.P. now owns 1,076 shares of the industrial products company’s stock valued at $41,000 after purchasing an additional 582 shares during the period. Finally, Kinneret Advisory LLC acquired a new stake in shares of Fortune Brands Home & Security in the 4th quarter valued at about $68,000. 87.79% of the stock is owned by institutional investors and hedge funds.

In other Fortune Brands Home & Security news, VP Danny Luburic sold 2,000 shares of the stock in a transaction that occurred on Tuesday, February 12th. The stock was sold at an average price of $46.96, for a total transaction of $93,920.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.63% of the stock is currently owned by company insiders.

Fortune Brands Home & Security stock opened at $49.67 on Thursday. Fortune Brands Home & Security Inc has a twelve month low of $35.27 and a twelve month high of $59.61. The company has a quick ratio of 0.68, a current ratio of 1.13 and a debt-to-equity ratio of 0.83. The company has a market cap of $6.96 billion, a price-to-earnings ratio of 14.87, a P/E/G ratio of 1.55 and a beta of 1.46.

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

FBHS has been the subject of a number of research analyst reports. Zacks Investment Research raised Fortune Brands Home & Security from a “sell” rating to a “hold” rating and set a $43.00 target price for the company in a research report on Monday, December 31st. Credit Suisse Group set a $49.00 target price on Fortune Brands Home & Security and gave the company a “buy” rating in a research report on Friday, January 11th. Bank of America raised Fortune Brands Home & Security from an “underperform” rating to a “neutral” rating and set a $47.00 target price for the company in a research report on Friday, January 4th. Loop Capital cut Fortune Brands Home & Security from a “buy” rating to a “hold” rating and decreased their target price for the company from $59.00 to $40.00 in a research report on Tuesday, December 18th. Finally, Evercore ISI raised Fortune Brands Home & Security from an “in-line” rating to an “outperform” rating in a research report 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 given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $55.45.

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Fortune Brands Home & Security 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.

Recommended Story: Institutional Investors

Want to see what other hedge funds are holding FBHS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fortune Brands Home & Security Inc (NYSE:FBHS).

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

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