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Fortune Brands Home & Security, Inc. (FBHS)’s Trend Down, Especially After Today’s 52-Week Low Hit

Fortune Brands Home & Security, Inc. (NYSE:FBHS) Logo Investors sentiment increased to 1.41 in 2017 Q4. Its up 0.43, from 0.98 in 2017Q3. It increased, as 18 investors sold Fortune Brands Home & Security, Inc. shares while 136 reduced holdings. 72 funds opened positions while 145 raised stakes. 127.08 million shares or 1.89% more from 124.72 million shares in 2017Q3 were reported. Ing Groep Nv stated it has 6,844 shares or 0.01% of all its holdings. Jpmorgan Chase & owns 6.92M shares for 0.1% of their portfolio. Alabama-based Stanley has invested 1.03% in Fortune Brands Home & Security, Inc. (NYSE:FBHS). Gemmer Asset Mgmt Limited Liability Co reported 0.01% of its portfolio in Fortune Brands Home & Security, Inc. (NYSE:FBHS). State Of Alaska Department Of Revenue accumulated 24,035 shares. 331 are owned by Shine Advisory Services. Gateway Invest Advisers Ltd Liability Company stated it has 252,844 shares or 0.15% of all its holdings. 2,475 were reported by Bartlett Limited Liability Corp. Rafferty Asset Management Limited Liability Corp reported 14,556 shares. Loring Wolcott And Coolidge Fiduciary Advsr Ltd Liability Partnership Ma reported 132 shares. Deutsche Savings Bank Ag reported 0.03% stake. D E Shaw And reported 1.11 million shares. Moreover, Grimes & has 0.02% invested in Fortune Brands Home & Security, Inc. (NYSE:FBHS) for 3,500 shares. North Carolina-based Captrust Finance Advsrs has invested 0.01% in Fortune Brands Home & Security, Inc. (NYSE:FBHS). Assetmark owns 4,284 shares. Since October 27, 2017, it had 0 insider buys, and 2 sales for $644,647 activity. 85,000 shares were sold by KLEIN CHRISTOPHER J, worth $5.71M. The stock of Fortune Brands Home & Security, Inc. (NYSE:FBHS) hit a new 52-week low and has $54.54 target or 3.00 % below today’s $56.23 share price. The 6 months bearish chart indicates high risk for the $8.32B company. The 1-year low was reported on Apr, 25 by Barchart.com . If the $54.54 price target is reached, the company will be worth $249.69M less. The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock increased 2.00% or $1.1 during the last trading session, reaching $56.23. About 831,288 shares traded. Fortune Brands Home & Security, Inc. (NYSE:FBHS) has declined 3.33% since April 25, 2017 and is downtrending. It has underperformed by 14.88% the S&P500. Analysts await Fortune Brands Home & Security, Inc. (NYSE:FBHS) to report earnings on April, 26 after the close. They expect $0.59 earnings per share, up 11.32 % or $0.06 from last year’s $0.53 per share. FBHS’s profit will be $87.33 million for 23.83 P/E if the $0.59 EPS becomes a reality. After $0.80 actual earnings per share reported by Fortune Brands Home & Security, Inc. for the previous quarter, Wall Street now forecasts -26.25 % negative EPS growth. Fortune Brands Home & Security, Inc. (NYSE:FBHS) Ratings Coverage Among 10 analysts covering Fortune Brands Home ( NYSE:FBHS ), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Fortune Brands Home had 13 analyst reports since October 26, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Monday, January 22 by Credit Suisse. The stock of Fortune Brands Home & Security, Inc. (NYSE:FBHS) earned “Buy” rating by Robert W. Baird on Thursday, February 1. The stock of Fortune Brands Home & Security, Inc. (NYSE:FBHS) earned “Buy” rating by Jefferies on Wednesday, January 17. Barclays Capital maintained Fortune Brands Home & Security, Inc. (NYSE:FBHS) rating on Friday, February 2. Barclays Capital has “Equal-Weight” rating and $70 target. The firm earned “Neutral” rating on Friday, February 2 by Nomura. The firm has “Buy” rating given on Friday, February 2 by Jefferies. The firm has “Neutral” rating by Citigroup given on Friday, October 27. As per Monday, October 30, the company rating was maintained by JP Morgan. Robert W. Baird maintained the stock with “Buy” rating in Thursday, April 19 report. The rating was upgraded by Gabelli on Monday, February 12 to “Buy”. Fortune Brands Home & Security, Inc. provides home and security products for use in residential home repair, remodeling, new construction, and security applications. The company has market cap of $8.32 billion. It operates in four divisions: Cabinets, Plumbing, Doors, and Security. It has a 18.54 P/E ratio. The Cabinets segment makes 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. Fortune Brands Home & Security, Inc. (NYSE:FBHS) Institutional Positions Chart Fortune Brands Home & Security Inc.-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

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