Vestor Capital Has Decreased Its Eastman Chemical Co (EMN) Position; Fortune Brands Home & Security Has 0.98 Sentiment

January 15, 2018 - By wolcottdaily

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 $10.72 billion. It operates in four divisions: Cabinets, Plumbing, Doors, and Security. It has a 24.7 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.

Vestor Capital Llc decreased Eastman Chemical Co (EMN) stake by 79.64% reported in 2017Q3 SEC filing. Vestor Capital Llc sold 42,481 shares as Eastman Chemical Co (EMN)’s stock declined 2.09%. The Vestor Capital Llc holds 10,859 shares with $983,000 value, down from 53,340 last quarter. Eastman Chemical Co now has $14.00B valuation. The stock decreased 0.07% or $0.07 during the last trading session, reaching $97.43. About 887,430 shares traded. Eastman Chemical Company (NYSE:EMN) has risen 7.60% since January 15, 2017 and is uptrending. It has underperformed by 9.10% the S&P500.

Vestor Capital Llc increased Ishares Tr S&P Midcap 400 Inde (IJH) stake by 3,271 shares to 60,722 valued at $10.86 million in 2017Q3. It also upped International Business Machine (NYSE:IBM) stake by 6,684 shares and now owns 40,751 shares. Ishares Tr S&P Smallcap 600 (IJR) was raised too.

Investors sentiment increased to 1.18 in Q3 2017. Its up 0.04, from 1.14 in 2017Q2. It improved, as 32 investors sold EMN shares while 175 reduced holdings. 67 funds opened positions while 178 raised stakes. 115.86 million shares or 0.58% less from 116.54 million shares in 2017Q2 were reported. Jefferies Gru Limited Liability Company has 39,331 shares for 0.02% of their portfolio. The Colorado-based Shine Inv Advisory Svcs has invested 0.02% in Eastman Chemical Company (NYSE:EMN). Parametric Port Assocs Ltd Liability Company invested 0.08% of its portfolio in Eastman Chemical Company (NYSE:EMN). Raymond James Financial Advsr invested in 12,045 shares or 0.01% of the stock. Tower Bridge Advsr invested in 0.03% or 2,460 shares. Huntington Comml Bank holds 0.04% in Eastman Chemical Company (NYSE:EMN) or 23,369 shares. Clearbridge Invests Limited Liability Company holds 712 shares. Calamos Advisors Ltd Liability Corp owns 3,170 shares for 0% of their portfolio. Guardian Life Of America holds 0% of its portfolio in Eastman Chemical Company (NYSE:EMN) for 329 shares. Scopus Asset Mgmt LP has invested 0.04% in Eastman Chemical Company (NYSE:EMN). Cibc World accumulated 21,099 shares. Moreover, Mitsubishi Ufj Bk Corp has 0.05% invested in Eastman Chemical Company (NYSE:EMN). The Arizona-based Arizona State Retirement Sys has invested 0.08% in Eastman Chemical Company (NYSE:EMN). Da Davidson &, a Montana-based fund reported 12,770 shares. Artemis Management Limited Liability Partnership holds 0.29% of its portfolio in Eastman Chemical Company (NYSE:EMN) for 157,100 shares.

Analysts await Eastman Chemical Company (NYSE:EMN) to report earnings on January, 25. They expect $1.12 earnings per share, down 25.83% or $0.39 from last year’s $1.51 per share. EMN’s profit will be $160.98 million for 21.75 P/E if the $1.12 EPS becomes a reality. After $2.19 actual earnings per share reported by Eastman Chemical Company for the previous quarter, Wall Street now forecasts -48.86% negative EPS growth.

Since August 3, 2017, it had 0 buys, and 3 sales for $934,680 activity. COX MARK K sold $117,936 worth of stock. 5,200 shares were sold by Stuckey Perry, worth $479,024. Another trade for 4,000 shares valued at $337,720 was sold by HORNBAKER RENEE J.

Among 16 analysts covering Eastman Chemical Company (NYSE:EMN), 9 have Buy rating, 2 Sell and 5 Hold. Therefore 56% are positive. Eastman Chemical Company had 50 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Buy” rating by Goldman Sachs on Thursday, September 28. The stock of Eastman Chemical Company (NYSE:EMN) earned “Buy” rating by Deutsche Bank on Thursday, August 20. Cowen & Co maintained it with “Buy” rating and $106.0 target in Friday, December 8 report. Susquehanna initiated the stock with “Positive” rating in Friday, July 1 report. The firm has “Outperform” rating given on Wednesday, October 14 by RBC Capital Markets. The stock has “Hold” rating by RBC Capital Markets on Monday, July 10. As per Friday, October 27, the company rating was maintained by UBS. The firm has “Buy” rating given on Tuesday, January 5 by Citigroup. The firm has “Underperform” rating by CLSA given on Monday, May 2. On Monday, June 5 the stock rating was maintained by RBC Capital Markets with “Hold”.

Since January 1, 0001, it had 0 buys, and 6 insider sales for $14.78 million activity.

The stock increased 1.20% or $0.84 during the last trading session, reaching $70.62. About 921,814 shares traded or 0.24% up from the average. Fortune Brands Home & Security, Inc. (FBHS) has risen 11.70% since January 15, 2017 and is uptrending. It has underperformed by 5.00% the S&P500.

Analysts await Fortune Brands Home & Security, Inc. (NYSE:FBHS) to report earnings on January, 30. They expect $0.80 earnings per share, up 12.68% or $0.09 from last year’s $0.71 per share. FBHS’s profit will be $121.44 million for 22.07 P/E if the $0.80 EPS becomes a reality. After $0.83 actual earnings per share reported by Fortune Brands Home & Security, Inc. for the previous quarter, Wall Street now forecasts -3.61% negative EPS growth.

Ratings analysis reveals 56% of Fortune Brands Home & Security’s analysts are positive. Out of 9 Wall Street analysts rating Fortune Brands Home & Security, 5 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $59.0 while the high is $70.0. The stock’s average target of $65 is -7.96% below today’s ($70.62) share price. FBHS was included in 9 notes of analysts from September 1, 2016. Citigroup initiated Fortune Brands Home & Security, Inc. (NYSE:FBHS) rating on Thursday, September 1. Citigroup has “Neutral” rating and $65.0 target. The firm has “Overweight” rating by JP Morgan given on Monday, October 31. The rating was initiated by Bank of America with “Buy” on Friday, September 23. As per Friday, January 6, the company rating was initiated by Barclays Capital. The stock has “Outperform” rating by RBC Capital Markets on Thursday, October 27. Longbow upgraded Fortune Brands Home & Security, Inc. (NYSE:FBHS) on Thursday, April 6 to “Buy” rating. Wells Fargo initiated the stock with “Outperform” rating in Thursday, September 29 report. Goldman Sachs downgraded the stock to “Neutral” rating in Monday, December 12 report. The stock of Fortune Brands Home & Security, Inc. (NYSE:FBHS) earned “Sector Weight” rating by KeyBanc Capital Markets on Tuesday, October 18.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts