Bank Of America Decreased Phi (PHIIK) Holding; Brunswick (BC) Has 0.91 Sentiment

August 8, 2017 - By Vivian Park

Brunswick Corporation is a designer, maker and marketer of recreation products. The company has market cap of $4.99 billion. The Firm operates through three divisions: Marine Engine, Boat and Fitness. It has a 17.83 P/E ratio. The Company’s product includes marine engines, boats, fitness equipment and active recreation products.

Bank Of America Corp decreased Phi Inc (PHIIK) stake by 68.89% reported in 2016Q4 SEC filing. Bank Of America Corp sold 22,174 shares as Phi Inc (PHIIK)’s stock declined 40.48%. The Bank Of America Corp holds 10,013 shares with $181,000 value, down from 32,187 last quarter. Phi Inc now has $174.63 million valuation. The stock rose 4.65% or $0.5 reaching $11.25. About 15,333 shares traded. PHI Inc. (NASDAQ:PHIIK) has declined 42.63% since August 8, 2016 and is downtrending. It has underperformed by 59.33% the S&P500.

Bank Of America Corp increased Eaton Vance Natl Mun Opport (EOT) stake by 53,241 shares to 702,146 valued at $14.61 million in 2016Q4. It also upped Kinder Morgan Inc Del (NYSE:KMI) stake by 23.30M shares and now owns 24.03M shares. Universal Health Rlty Incm T (NYSE:UHT) was raised too.

Since January 1, 0001, it had 0 insider buys, and 4 insider sales for $1.46 million activity.

Lombard Odier Asset Management (Switzerland) Sa holds 4.82% of its portfolio in Brunswick Corporation for 350,000 shares. Daruma Capital Management Llc owns 1.14 million shares or 3.53% of their US portfolio. Moreover, Hood River Capital Management Llc has 1.98% invested in the company for 416,740 shares. The Wisconsin-based Broadview Advisors Llc has invested 1.83% in the stock. Copper Rock Capital Partners Llc, a Massachusetts-based fund reported 523,404 shares.

Ratings analysis reveals 100% of Brunswick’s analysts are positive. Out of 5 Wall Street analysts rating Brunswick, 5 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $60.0 while the high is $66.0. The stock’s average target of $64 is 13.80% above today’s ($56.24) share price. BC was included in 5 notes of analysts from September 27, 2016. The firm has “Buy” rating given on Thursday, January 19 by Stifel Nicolaus. Imperial Capital initiated Brunswick Corporation (NYSE:BC) rating on Tuesday, September 27. Imperial Capital has “Outperform” rating and $60.0 target. CL King initiated it with “Buy” rating and $65.0 target in Thursday, December 22 report. The company was maintained on Friday, December 16 by Wedbush. RBC Capital Markets maintained Brunswick Corporation (NYSE:BC) on Friday, January 27 with “Outperform” rating.

About 224,065 shares traded. Brunswick Corporation (BC) has risen 21.90% since August 8, 2016 and is uptrending. It has outperformed by 5.20% the S&P500.