Sandler Capital Management Has Boosted Its Fortune Brands Home & Sec In (FBHS) Stake; 3 Bullish Analysts Covering Petrowest (TSE:PRW)

June 20, 2017 - By Nellie Frank

Sandler Capital Management increased Fortune Brands Home & Sec In (FBHS) stake by 109.63% reported in 2016Q4 SEC filing. Sandler Capital Management acquired 78,550 shares as Fortune Brands Home & Sec In (FBHS)’s stock rose 10.95%. The Sandler Capital Management holds 150,200 shares with $8.03 million value, up from 71,650 last quarter. Fortune Brands Home & Sec In now has $10.22 billion valuation. The stock declined 0.14% or $0.09 reaching $65.35 on the news. About 370,914 shares traded. Fortune Brands Home & Security Inc (NYSE:FBHS) has risen 11.70% since June 20, 2016 and is uptrending. It has underperformed by 5.00% the S&P500.

Among 4 analysts covering Petrowest Corporation (TSE:PRW), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Petrowest Corporation had 7 analyst reports since August 13, 2015 according to SRatingsIntel. The firm has “Speculative Buy” rating given on Thursday, August 13 by Salman Partners. See Petrowest Corp (TSE:PRW) latest ratings:

It is up 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Petrowest Corporation provides industrial and civil infrastructure projects, as well as predrilling and post-completion energy services, gravel crushing and hauling for non-energy sector customers. The company has market cap of $27.64 million. The Company’s businesses include rock crushing, log and gravel loading and hauling, heavy equipment transportation, safety equipment rentals and supervision, heavy equipment rentals, land clearing, earth moving and site preparation services, and the operation of a landfill to receive and manage contaminated waste. It currently has negative earnings. The Firm operates in five divisions: Construction, Civil, Transportation, Rentals and Environmental.

Since April 28, 2017, it had 0 insider purchases, and 6 insider sales for $15.84 million activity. Shares for $1.14 million were sold by WESLEY NORMAN H. On Friday, June 2 the insider WYATT E LEE sold $2.54M. $233,104 worth of Fortune Brands Home & Security Inc (NYSE:FBHS) was sold by Luburic Danny. Another trade for 75,000 shares valued at $4.79 million was made by KLEIN CHRISTOPHER J on Friday, April 28. On Friday, April 28 Randich David sold $4.62 million worth of Fortune Brands Home & Security Inc (NYSE:FBHS) or 72,646 shares.

Among 18 analysts covering Fortune Brands Home & Security (NYSE:FBHS), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Fortune Brands Home & Security had 31 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Fortune Brands Home & Security Inc (NYSE:FBHS) has “Buy” rating given on Tuesday, October 6 by Goldman Sachs. Citigroup initiated it with “Neutral” rating and $65 target in Thursday, September 1 report. The firm earned “Buy” rating on Thursday, April 6 by Longbow. The stock of Fortune Brands Home & Security Inc (NYSE:FBHS) has “Outperform” rating given on Thursday, September 29 by Wells Fargo. The firm has “Outperform” rating given on Thursday, April 21 by Robert W. Baird. On Monday, May 1 the stock rating was maintained by Barclays Capital with “Hold”. The rating was maintained by Barclays Capital on Thursday, April 7 with “Equalweight”. Topeka Capital Markets initiated Fortune Brands Home & Security Inc (NYSE:FBHS) rating on Tuesday, May 24. Topeka Capital Markets has “Buy” rating and $64 target. The firm has “Overweight” rating by Wood given on Thursday, September 17. The stock of Fortune Brands Home & Security Inc (NYSE:FBHS) has “Buy” rating given on Monday, August 24 by Cantor Fitzgerald.

Investors sentiment decreased to 0.83 in Q4 2016. Its down 0.30, from 1.13 in 2016Q3. It is negative, as 55 investors sold FBHS shares while 167 reduced holdings. 52 funds opened positions while 132 raised stakes. 130.87 million shares or 3.00% less from 134.92 million shares in 2016Q3 were reported. Oppenheimer Co Inc stated it has 4,863 shares or 0.01% of all its holdings. Camarda Financial Advisors Ltd Liability Corporation accumulated 43 shares or 0% of the stock. Deutsche Financial Bank Ag holds 0.03% or 603,946 shares in its portfolio. Legal & General Public Limited invested in 682,553 shares or 0.03% of the stock. Sterling Cap Mgmt Ltd reported 102,906 shares. Creative Planning has 0% invested in Fortune Brands Home & Security Inc (NYSE:FBHS) for 6,966 shares. Ontario Teachers Pension Plan Board stated it has 0.03% in Fortune Brands Home & Security Inc (NYSE:FBHS). Westpac Bk holds 0% in Fortune Brands Home & Security Inc (NYSE:FBHS) or 8,885 shares. Moreover, Parkside National Bank & Trust Trust has 0.04% invested in Fortune Brands Home & Security Inc (NYSE:FBHS). Virtus Invest Advisers reported 0.14% of its portfolio in Fortune Brands Home & Security Inc (NYSE:FBHS). Swiss Bank stated it has 0.04% of its portfolio in Fortune Brands Home & Security Inc (NYSE:FBHS). Henderson Group Public Lc, United Kingdom-based fund reported 356,345 shares. Gotham Asset Ltd Com owns 366,426 shares. Joel Isaacson has invested 0% in Fortune Brands Home & Security Inc (NYSE:FBHS). Rhumbline Advisers invested in 0.04% or 277,484 shares.

Sandler Capital Management decreased Splunk Inc (NASDAQ:SPLK) stake by 6,820 shares to 63,540 valued at $3.25 million in 2016Q4. It also reduced Bhp Billiton Ltd (NYSE:BHP) stake by 175,455 shares and now owns 114,545 shares. Healthcare Tr Amer Inc (NYSE:HTA) was reduced too.

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 daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: