Zacks Investment Research Lowers Fortune Brands Home & Security (NYSE:FBHS) to Hold
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Zacks Investment Research downgraded shares of Fortune Brands Home & Security (NYSE:FBHS) from a buy rating to a hold rating in a research note issued to investors on Tuesday morning, Zacks.com reports. According to Zacks, "In the past three months, Fortune Brands’ shares have outperformed the industry.
Fortune Brands Home & Security. a Zacks Rank #2 (Buy). Another stock worth considering in the broader retail sector is Tile Shop Holdings, Inc. TTS, sporting a Zacks Rank #1 (Strong Buy). Want the.
Zacks Investment Research downgraded shares of Fortune Brands Home & Security (NYSE:FBHS) from a hold rating to a sell rating in a report issued on Monday morning, Zacks.com reports. According to Zacks, "In the past year, Fortune Brands’ shares have underperformed the industry. Rising cost of sales remains a concern for the company’s gross margin.
One such company that might be well-positioned for future earnings growth is Fortune Brands Home & Security. Zacks Rank suggests that analysts believe better days are ahead for FBHS as well. Want.
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Fortune Brands Home & Security Inc (NYSE:FBHS) announced its quarterly earnings data on Wednesday, April, 24th. The industrial products company reported industrial products company reported $0.63 earnings.63 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.04.
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· Contravisory Investment Management Inc. bought a new position in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 6,140 shares of the industrial products company’s stock, valued at approximately $351,000. Other institutional investors have also modified their holdings [.]
NORTH OLMSTED, Ohio, March 7, 2019 /PRNewswire/ — Fortune Brands Global Plumbing Group (GPG), a division of Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, is pleased to announce the promotion of Jeff Swartz to president, GPG Americas. Swartz previously served as senior vice president.
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· Sky Investment group llc bought a new position in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 25,775 shares of the industrial products company’s stock, valued at approximately $1,473,000. Other institutional investors also recently bought and sold shares of the company.
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