Shares of Fortune Brands Home & Security (FBHS) Sees Large Inflow of Net Money Flow

Fortune Brands Home & Security (FBHS) : Fridays money flow data in Fortune Brands Home & Security (FBHS) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $14.38 million, whereas, $9.84 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.46, in favor of the bulls. The total money flow into the stock was $4.54 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $6.18 million. The total value of block trades done on upticks was $6.18 million. Fortune Brands Home & Security (FBHS) fell $0.07 and traded at $60.06, down -0.12% for the day, over previous days close. On a weekly basis, the shares are -2.01% over the previous weeks close.


Fortune Brands Home & Security (FBHS) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $67 and the lowest price target forecast is $55. The average forecast of all the analysts is $61.57 and the expected standard deviation is $4.2.

Fortune Brands Home & Security (NYSE:FBHS): stock turned positive on Friday. Though the stock opened at $60.43, the bulls momentum made the stock top out at $60.565 level for the day. The stock recorded a low of $59.47 and closed the trading day at $60.45, in the green by 0.53%. The total traded volume for the day was 1,787,531. The stock had closed at $60.13 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that Wyatt E Lee, officer (SVP and CFO) of Fortune Brands Home & Security, Inc., had unloaded 24,303 shares at an average price of $58.38 in a transaction dated on May 24, 2016. The total value of the transaction was worth $1,418,809.

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.

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