Skyline Asset Management Lp buys $27,936,576 stake in Brunswick Corporation (BC)

Brunswick Corporation (BC) : Skyline Asset Management Lp scooped up 200 additional shares in Brunswick Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 570,600 shares of Brunswick Corporation which is valued at $27,936,576.Brunswick Corporation makes up approximately 1.93% of Skyline Asset Management Lp’s portfolio.

Other Hedge Funds, Including , Invictus Rg sold out all of its stake in BC during the most recent quarter. The investment firm sold 216 shares of BC which is valued $10,575.Massachusetts Financial Services Co boosted its stake in BC in the latest quarter, The investment management firm added 5,355 additional shares and now holds a total of 73,653 shares of Brunswick Corporation which is valued at $3,606,051.Parametric Portfolio Associates reduced its stake in BC by selling 25,744 shares or 27.87% in the most recent quarter. The Hedge Fund company now holds 66,635 shares of BC which is valued at $3,262,450. Gsa Capital Partners Llp added BC to its portfolio by purchasing 5,804 company shares during the most recent quarter which is valued at $287,008. Brunswick Corporation makes up approx 0.01% of Gsa Capital Partners Llp’s portfolio.

Brunswick Corporation opened for trading at $46.04 and hit $46.64 on the upside on Thursday, eventually ending the session at $46.39, with a gain of 0.87% or 0.4 points. The heightened volatility saw the trading volume jump to 7,03,027 shares. Company has a market cap of $4,185 M.

On the company’s financial health, Brunswick Corporation reported $1.17 EPS for the quarter, based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus estimate of $1.17. The company had revenue of $1242.20 million for the quarter, compared to analysts expectations of $1247.53 million. The company’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.05 EPS.

Brunswick Corporation (Brunswick) is a designer manufacturer and marketer of recreation products including marine engines boats fitness and billiards equipment. The Company operates in three segments: Marine Engine Boat and Fitness. Brunswick’s engine-related products include outboard sterndrive and inboard engines; trolling motors; propellers; engine control systems and marine parts and accessories. Its boat offerings include fiberglass pleasure boats; luxury yachts yachts and sport yachts; offshore fishing boats; aluminum fishing boats; pontoon boats; deck boats and inflatable boats. Its Fitness segment consists of Life Fitness division (Life Fitness) which designs manufactures and markets a line of cardiovascular fitness equipment including treadmills total body cross-trainers stair climbers and stationary exercise bicycles and strength-training equipment under the Life Fitness Cybex and Hammer Strength brands.

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