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What’s Ahead for Fortune Brands Home & Security Inc (NYSE:FBHS) After More Shorted Shares?

Fortune Brands Home & Security, Inc. (NYSE:FBHS) Logo Investors sentiment decreased to 0.85 in 2018 Q1. Its down 0.56, from 1.41 in 2017Q4. It turned negative, as 47 investors sold Fortune Brands Home & Security, Inc. shares while 162 reduced holdings. 50 funds opened positions while 128 raised stakes. 120.01 million shares or 5.56% less from 127.08 million shares in 2017Q4 were reported. Rhumbline Advisers holds 0.03% of its portfolio in Fortune Brands Home & Security, Inc. (NYSE:FBHS) for 284,499 shares. Tdam Usa Inc holds 0.31% or 87,222 shares in its portfolio. Endurance Wealth accumulated 1,800 shares. Etrade Capital Mngmt Limited Liability invested 0.02% in Fortune Brands Home & Security, Inc. (NYSE:FBHS). Lpl Lc invested in 11,120 shares. Cap One Association holds 9,043 shares or 0.04% of its portfolio. Moreover, Pinnacle Fincl Prtnrs has 0.06% invested in Fortune Brands Home & Security, Inc. (NYSE:FBHS) for 10,298 shares. Pensionfund Dsm Netherlands, a Netherlands-based fund reported 41,100 shares. Convergence Inv Prns Ltd Liability Com holds 0% or 71 shares in its portfolio. Usca Ria Limited Liability Corp invested 0.07% in Fortune Brands Home & Security, Inc. (NYSE:FBHS). Ledyard Comml Bank invested in 0.01% or 893 shares. Lmr Prns Ltd Liability Partnership owns 4,685 shares or 0.03% of their US portfolio. Horizon Kinetics Ltd Limited Liability Company invested in 0.03% or 18,169 shares. Motco, Texas-based fund reported 3,479 shares. Liberty Mutual Asset reported 0.01% stake. Since January 5, 2018, it had 0 insider buys, and 2 sales for $644,647 activity. The stock of Fortune Brands Home & Security Inc (NYSE:FBHS) registered an increase of 16.36% in short interest. FBHS’s total short interest was 4.52M shares in July as published by FINRA. Its up 16.36% from 3.89M shares, reported previously. With 2.08M shares average volume, it will take short sellers 2 days to cover their FBHS’s short positions. The short interest to Fortune Brands Home & Security Inc’s float is 2.99%. The stock increased 0.84% or $0.45 during the last trading session, reaching $53.83. About 95,745 shares traded. Fortune Brands Home & Security, Inc. (NYSE:FBHS) has declined 8.98% since July 3, 2017 and is downtrending. It has underperformed by 21.55% the S&P500. 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 $7.86 billion. It operates in four divisions: Cabinets, Plumbing, Doors, and Security. It has a 17.77 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) Ratings Coverage Among 10 analysts covering Fortune Brands ( NYSE:FBHS ), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Fortune Brands has $84.0 highest and $6200 lowest target. $70.44’s average target is 30.86% above currents $53.83 stock price. Fortune Brands had 14 analyst reports since January 17, 2018 according to SRatingsIntel. The firm has “Buy” rating by Jefferies given on Friday, February 2. Barclays Capital maintained Fortune Brands Home & Security, Inc. (NYSE:FBHS) on Friday, April 27 with “Equal-Weight” rating. The company was maintained on Friday, February 2 by Nomura. The rating was maintained by Robert W. Baird with “Buy” on Thursday, February 1. The stock of Fortune Brands Home & Security, Inc. (NYSE:FBHS) earned “Buy” rating by Robert W. Baird on Thursday, April 19. Citigroup maintained the shares of FBHS in report on Monday, April 30 with “Neutral” rating. The company was maintained on Friday, April 27 by Credit Suisse. The rating was upgraded by Gabelli on Monday, February 12 to “Buy”. The stock of Fortune Brands Home & Security, Inc. (NYSE:FBHS) has “Buy” rating given on Monday, June 25 by J.P. Morgan. The rating was maintained by Barclays Capital with “Equal-Weight” on Friday, February 2. 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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