Fortune Brands Home & Security (NYSE:FBHS) has tumbled 0.91% during the past week and has dropped 2.06% in the last 4 week period. The company has outperformed the S&P 500 by 0.28% in the past week but underperformed the index by 2.96% in the last 4 weeks.
Fortune Brands Home & Security (NYSE:FBHS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $56.35 and $55.86 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $56.63. The buying momentum continued till the end and the stock did not give up its gains. It closed at $56.49, notching a gain of 0.14% for the day. The total traded volume was 2,284,719 . The stock had closed at $56.41 on the previous day.
The company shares have rallied 20.83% from its 1 Year high price. On Apr 21, 2016, the shares registered one year high at $59.98 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $57.04 and the 200 Day Moving Average price is recorded at $53.87.
On the companys insider trading activities, The officer (SVP and CFO), of Fortune Brands Home & Security, Inc., Wyatt E Lee had unloaded 24,303 shares at $58.38 per share in a transaction on May 24, 2016. The total value of transaction was $1,418,809. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Topeka Capital initiates coverage on Fortune Brands Home & Security (NYSE:FBHS) The current rating of the shares is Buy. Equity Analysts at the Firm announces the price target to $64 per share. The rating by the firm was issued on May 24, 2016. Currently the company Insiders own 2.3% of Fortune Brands Home & Security shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -20.45% . Institutional Investors own 92.98% of Fortune Brands Home & Security shares. During last six month period, the net percent change held by insiders has seen a change of -19.67%.
Fortune Brands Home & Security, Inc. is a holding company. The Company, through its subsidiaries, engaged in manufacture and sale of home and security products. The Company operates through four business segments: Cabinets, Plumbing, Doors and Security. The Cabinets segment provides cabinetry, as well as vanities, for the kitchen, bath and other parts of the home through a regional supply chain footprint in North America. The Plumbing segment manufactures or assembles and sells faucets, accessories and kitchen sinks in North America and China, predominantly under the Moen brand. The Doors segment offers fiberglass and steel entry door systems under the Therma-Tru brand and urethane millwork product lines under the Fypon brand. The Security segments products consist of locks, safety and security devices manufactured, sourced and distributed under the Master Lock brand, and fire resistant safes and commercial cabinets manufactured, sourced and distributed under the SentrySafe brand.