Nomad Foods Limited (NOMD) Reaches $18.90 52-Week High; Fortune Brands Home & Security (FBHS) Sellers Decreased By 6.48% Their Shorts

June 20, 2018 - By Marie Mckinney

Fortune Brands Home & Security, Inc. (NYSE:FBHS) Logo

Fortune Brands Home & Security Inc (NYSE:FBHS) had a decrease of 6.48% in short interest. FBHS’s SI was 4.45M shares in June as released by FINRA. Its down 6.48% from 4.76M shares previously. With 1.49M avg volume, 3 days are for Fortune Brands Home & Security Inc (NYSE:FBHS)’s short sellers to cover FBHS’s short positions. The SI to Fortune Brands Home & Security Inc’s float is 2.95%. The stock decreased 0.71% or $0.4 during the last trading session, reaching $56.21. About 208,871 shares traded. Fortune Brands Home & Security, Inc. (NYSE:FBHS) has declined 8.98% since June 20, 2017 and is downtrending. It has underperformed by 21.55% the S&P500. Some Historical FBHS News: ; 25/04/2018 – Moen Inspires Consumers and Designers at New Design Center in Chicago’s Merchandise Mart; 26/04/2018 – FORTUNE BRANDS 1Q ADJ EPS 56C, EST. 59C; 26/04/2018 – FORTUNE BRANDS HOME & SECURITY INC FBHS.N SEES FY 2018 SALES UP 6 TO 7 PCT; 05/04/2018 U.S. COMMERCE DEPARTMENT SAYS MAKES FINAL FINDING THAT TOOL CHESTS AND CABINETS FROM CHINA, VIETNAM ARE DUMPED IN U.S. MARKET; 11/05/2018 – U.S. trade panel: tool chests from China, Vietnam harm U.S. makers; 26/04/2018 – FORTUNE BRANDS BOOSTS YR EPS FORECAST; 26/04/2018 – FORTUNE BRANDS SEES FY ADJ EPS $3.58 TO $3.70, EST. $3.62; 09/04/2018 – Therma-Tru Named “Brand Used Most” for More Than 20 Consecutive Years; 26/04/2018 – Fortune Brands Raises 2018 View To Adj EPS $3.58-Adj EPS $3.70; 19/04/2018 – DJ Fortune Brands Home & Security Inc, Inst Holders, 1Q 2018 (FBHS)




The stock of Nomad Foods Limited (NYSE:NOMD) hit a new 52-week high and has $19.66 target or 4.00% above today’s $18.90 share price. The 8 months bullish chart indicates low risk for the $3.29 billion company. The 1-year high was reported on Jun, 20 by Barchart.com. If the $19.66 price target is reached, the company will be worth $131.56M more. The stock increased 0.53% or $0.1 during the last trading session, reaching $18.9. About 201,812 shares traded. Nomad Foods Limited (NYSE:NOMD) has risen 28.18% since June 20, 2017 and is uptrending. It has outperformed by 15.61% the S&P500. Some Historical NOMD News: ; 22/03/2018 – NOMAD FOODS LTD – INITIATES 2018 GUIDANCE OF ADJUSTED EBITDA OF EUR 350 TO EUR 360 MLN AND ADJUSTED EPS OF EUR 1.08 TO EUR 1.13; 22/03/2018 NOMAD FOODS 4Q ADJ. EPS EU0.27, EST. EU0.25; 22/03/2018 – NOMAD SEES 2018 ADJ. EPS EU1.08-EU1.13, ADJ. EBITDA EU350M-360M; 10/05/2018 – Nomad Foods 1Q Net EUR62.4M; 10/05/2018 – Nomad Foods 1Q Rev EUR539.2M; 29/05/2018 – Nomad Foods at Deutsche Bank Global Consumer Conference Jun 12; 10/04/2018 – Nomad Foods at Non-Deal Roadshow Hosted By SunTrust Today; 23/04/2018 – Nomad Foods Completes Acquisition Of Goodfella’s Pizza; 22/03/2018 – NOMAD FOODS LTD – QTRLY REVENUE INCREASED 4.7% TO EUR 508 MLN; 22/03/2018 – NOMAD FOODS LTD – QTRLY REPORTED EPS OF EUR 0.16; ADJUSTED EPS EUR 0.27

Fortune Brands Home & Security, Inc. provides home and security products for use in residential home repair, remodeling, new construction, and security applications. The company has market cap of $8.20 billion. It operates in four divisions: Cabinets, Plumbing, Doors, and Security. It has a 18.56 P/E ratio. The Cabinets segment makes custom, semi-custom, and stock cabinetry, as well as vanities for the kitchen, bath, and other parts of the home directly to kitchen and bath dealers, home centers, wholesalers, and builders in North America.

Among 20 analysts covering Fortune Brands Home & Security (NYSE:FBHS), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Fortune Brands Home & Security had 61 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Nomura given on Friday, February 2. Barclays Capital maintained Fortune Brands Home & Security, Inc. (NYSE:FBHS) on Thursday, October 22 with “Equal-Weight” rating. The stock of Fortune Brands Home & Security, Inc. (NYSE:FBHS) has “Equal-Weight” rating given on Friday, April 27 by Barclays Capital. The stock of Fortune Brands Home & Security, Inc. (NYSE:FBHS) earned “Buy” rating by Jefferies on Wednesday, October 11. RBC Capital Markets maintained the shares of FBHS in report on Thursday, December 10 with “Outperform” rating. The stock has “Overweight” rating by JP Morgan on Monday, October 31. Longbow upgraded the stock to “Buy” rating in Thursday, April 6 report. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, June 7. Jefferies maintained the stock with “Buy” rating in Thursday, July 13 report. The rating was maintained by RBC Capital Markets on Monday, July 17 with “Buy”.

Since January 5, 2018, it had 0 insider buys, and 2 insider sales for $644,647 activity. 5,000 shares were sold by WATERS RONALD V, worth $287,147 on Monday, April 2.

Investors sentiment decreased to 0.85 in 2018 Q1. Its down 0.56, from 1.41 in 2017Q4. It turned negative, as 47 investors sold Fortune Brands Home & Security, Inc. shares while 162 reduced holdings. 50 funds opened positions while 128 raised stakes. 120.01 million shares or 5.56% less from 127.08 million shares in 2017Q4 were reported. Envestnet Asset Management Inc accumulated 1,061 shares. Tributary Cap Management Limited Liability Company holds 0.12% of its portfolio in Fortune Brands Home & Security, Inc. (NYSE:FBHS) for 23,875 shares. Orrstown Fincl Inc holds 0.01% or 200 shares. Grp One Trading Limited Partnership holds 0% or 365 shares. Moreover, South State has 0.03% invested in Fortune Brands Home & Security, Inc. (NYSE:FBHS) for 4,100 shares. Seaward Management Ltd Partnership has 0.02% invested in Fortune Brands Home & Security, Inc. (NYSE:FBHS) for 5,400 shares. Tradewinds Management Ltd Company holds 0.02% of its portfolio in Fortune Brands Home & Security, Inc. (NYSE:FBHS) for 600 shares. British Columbia Invest Management Corporation holds 0.15% of its portfolio in Fortune Brands Home & Security, Inc. (NYSE:FBHS) for 332,989 shares. Ontario Teachers Pension Plan Board owns 51,779 shares. American Bank holds 0.01% or 480 shares in its portfolio. Clearbridge Invests Limited Liability accumulated 0% or 2,750 shares. Hermes Investment Limited holds 435,113 shares or 0.37% of its portfolio. Profund Lc owns 4,965 shares. Pinebridge Invs L P stated it has 0% in Fortune Brands Home & Security, Inc. (NYSE:FBHS). Grimes And owns 3,500 shares or 0.02% of their US portfolio.

More news for Nomad Foods Limited (NYSE:NOMD) were recently published by: Investorplace.com, which released: “4 Food Stocks Ready for Growth as Tastes Change” on June 11, 2018. Streetinsider.com‘s article titled: “Nomad Foods Limited (NOMD) to Acquire Aunt Bessie’s for 240 Million Euros” and published on June 04, 2018 is yet another important article.

Among 4 analysts covering Nomad Foods (NYSE:NOMD), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nomad Foods had 5 analyst reports since June 3, 2016 according to SRatingsIntel. The stock of Nomad Foods Limited (NYSE:NOMD) has “Buy” rating given on Wednesday, April 5 by SunTrust. The firm has “Buy” rating by UBS given on Friday, June 3. UBS maintained Nomad Foods Limited (NYSE:NOMD) on Friday, August 26 with “Buy” rating. The rating was initiated by Suntrust Robinson on Wednesday, April 5 with “Buy”. Deutsche Bank initiated it with “Buy” rating and $13 target in Wednesday, February 15 report.

Nomad Foods Limited manufactures and distributes frozen foods primarily in the United Kingdom, Italy, Germany, Sweden, France, and Norway. The company has market cap of $3.29 billion. The companyÂ’s frozen food products include fish, vegetables, poultry products, and ready meals. It has a 19.63 P/E ratio. It sells its products directly or through distribution arrangements to supermarkets and large food retail chains under the Birdseye, Findus, and Iglo brands.

Fortune Brands Home & Security, Inc. (NYSE:FBHS) Institutional Positions Chart

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