New England Research & Management Has Boosted Holding in Fortune Brands & Home Security (FBHS) as Share Value Declined; Icu Med (ICUI) Stock Value Rose While Fisher Asset Management Has Trimmed Holding by $1.27 Million

June 14, 2018 - By Marie Mckinney

ICU Medical, Inc. (NASDAQ:ICUI) Logo

Ken Fisher decreased its stake in Icu Med Inc (ICUI) by 6.73% based on its latest 2018Q1 regulatory filing with the SEC. Fisher Asset Management Llc sold 5,047 shares as the company’s stock rose 18.02% while stock markets declined. The hedge fund run by Ken Fisher held 69,953 shares of the health care company at the end of 2018Q1, valued at $17.66 million, down from 75,000 at the end of the previous reported quarter. Fisher Asset Management Llc who had been investing in Icu Med Inc for a number of months, seems to be less bullish one the $6.29B market cap company. The stock increased 1.86% or $5.65 during the last trading session, reaching $309.75. About 117,054 shares traded. ICU Medical, Inc. (NASDAQ:ICUI) has risen 73.35% since June 14, 2017 and is uptrending. It has outperformed by 60.78% the S&P500.

New England Research & Management Inc increased its stake in Fortune Brands & Home Security (FBHS) by 110.88% based on its latest 2018Q1 regulatory filing with the SEC. New England Research & Management Inc bought 8,538 shares as the company’s stock declined 9.46% with the market. The institutional investor held 16,238 shares of the basic industries company at the end of 2018Q1, valued at $956,000, up from 7,700 at the end of the previous reported quarter. New England Research & Management Inc who had been investing in Fortune Brands & Home Security for a number of months, seems to be bullish on the $8.29B market cap company. The stock increased 1.00% or $0.56 during the last trading session, reaching $56.8. About 2.36 million shares traded or 35.76% up from the average. Fortune Brands Home & Security, Inc. (NYSE:FBHS) has declined 8.98% since June 14, 2017 and is downtrending. It has underperformed by 21.55% the S&P500. Some Historical FBHS News: 26/04/2018 – Fortune Brands Raises 2018 View To Adj EPS $3.58-Adj EPS $3.70; 30/04/2018 – FORTUNE BRANDS REPORTS $150M SHARE BUYBACK AUTHORIZATION; 30/04/2018 – FORTUNE BRANDS: $150M SHARE BUYBACK AUTHORIZATION; 26/04/2018 – FORTUNE BRANDS HOME & SECURITY INC FBHS.N SEES FY 2018 SALES UP 6 TO 7 PCT; 11/05/2018 – U.S. trade panel: tool chests from China, Vietnam harm U.S. makers; 09/04/2018 – Therma-Tru Named “Brand Used Most” for More Than 20 Consecutive Years; 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; 04/05/2018 – New Research: Key Drivers of Growth for Lincoln Electric, Cytosorbents, Materion, Fortune Brands Home & Security, Washington Re; 26/04/2018 – FORTUNE BRANDS 1Q ADJ EPS 56C, EST. 59C; 19/04/2018 – DJ Fortune Brands Home & Security Inc, Inst Holders, 1Q 2018 (FBHS)

New England Research & Management Inc, which manages about $167.47M and $149.24 million US Long portfolio, decreased its stake in Intel (NASDAQ:INTC) by 20,818 shares to 34,867 shares, valued at $1.82M in 2018Q1, according to the filing. It also reduced its holding in Bristol Myers Squibb (NYSE:BMY) by 6,100 shares in the quarter, leaving it with 16,567 shares, and cut its stake in Walt Disney (NYSE:DIS).

Since January 5, 2018, it had 0 buys, and 2 sales for $644,647 activity.

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. Barclays Capital maintained it with “Equalweight” rating and $57 target in Thursday, April 7 report. Citigroup maintained it with “Neutral” rating and $64 target in Monday, April 30 report. The firm earned “Buy” rating on Monday, July 17 by RBC Capital Markets. The company was maintained on Tuesday, August 22 by Jefferies. Robert W. Baird maintained it with “Buy” rating and $75.0 target in Thursday, February 1 report. RBC Capital Markets maintained Fortune Brands Home & Security, Inc. (NYSE:FBHS) on Thursday, October 27 with “Outperform” rating. The company was maintained on Tuesday, October 24 by KeyBanc Capital Markets. The firm has “Buy” rating by Goldman Sachs given on Tuesday, October 6. Robert W. Baird maintained the stock with “Outperform” rating in Thursday, April 21 report. Macquarie Research downgraded Fortune Brands Home & Security, Inc. (NYSE:FBHS) on Wednesday, January 6 to “Neutral” rating.

Investors sentiment decreased to 0.85 in 2018 Q1. Its down 0.56, from 1.41 in 2017Q4. It dived, as 47 investors sold FBHS 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. Numerixs Technologies accumulated 6,380 shares. Stratos Wealth Prtnrs Limited has 3,507 shares for 0.01% of their portfolio. Epoch Investment Ptnrs Inc reported 1.64 million shares. Hartford Inc invested in 0% or 117 shares. Chilton Ltd Co holds 893,611 shares. Voya Inv Mngmt Limited Liability Corporation, a Georgia-based fund reported 502,573 shares. Citigroup holds 0.01% or 297,110 shares. Ancora Advsr Ltd Liability stated it has 0.04% of its portfolio in Fortune Brands Home & Security, Inc. (NYSE:FBHS). 171,544 were reported by Prudential. Tocqueville Asset LP has 0.01% invested in Fortune Brands Home & Security, Inc. (NYSE:FBHS). First Fincl Bank Of Omaha reported 227,821 shares. Thompson Siegel & Walmsley Llc invested in 118 shares or 0% of the stock. Huntington Commercial Bank owns 7,152 shares. Brown Brothers Harriman reported 2,388 shares or 0% of all its holdings. Royal Comml Bank Of Canada, Ontario – Canada-based fund reported 72,317 shares.

Investors sentiment is 1.19 in 2018 Q1. Its the same as in 2017Q4. It is without change, as 22 investors sold ICUI shares while 81 reduced holdings. only 58 funds opened positions while 65 raised stakes. 14.47 million shares or 4.83% less from 15.21 million shares in 2017Q4 were reported. The New York-based Atika Limited Liability has invested 1.56% in ICU Medical, Inc. (NASDAQ:ICUI). Tci Wealth Advsrs Inc holds 0% or 5 shares in its portfolio. Martingale Asset Mgmt LP holds 24,903 shares or 0.08% of its portfolio. Panagora Asset reported 2,126 shares. Moreover, Utd Automobile Association has 0% invested in ICU Medical, Inc. (NASDAQ:ICUI). Redwood Investments Ltd Liability Corporation stated it has 1.11% of its portfolio in ICU Medical, Inc. (NASDAQ:ICUI). Stratos Wealth Prtnrs Limited reported 106 shares or 0% of all its holdings. Polar Cap Llp holds 0.32% in ICU Medical, Inc. (NASDAQ:ICUI) or 125,006 shares. Fdx has 0.01% invested in ICU Medical, Inc. (NASDAQ:ICUI). Whittier Tru Com Of Nevada holds 0% in ICU Medical, Inc. (NASDAQ:ICUI) or 30 shares. Paloma Prns Mngmt Company reported 2,511 shares. Champlain Investment Prns Limited Company holds 0.62% or 228,325 shares in its portfolio. 61,069 are held by Rothschild Asset Mgmt Inc. 1,370 were accumulated by Citadel Advsr Lc. Peak6 Ltd Partnership invested in 0.01% or 5,003 shares.

More notable recent ICU Medical, Inc. (NASDAQ:ICUI) news were published by: Benzinga.com which released: “Benzinga’s Daily Biotech Pulse: Clinical Hold For Crispr, Gilead Study Meets Endpoint, Akers Gets Grace Time” on June 01, 2018, also Schaeffersresearch.com with their article: “Dow Futures Higher With ECB, Retail Sales in the Spotlight” published on June 14, 2018, Benzinga.com published: “Benzinga’s Daily Biotech Pulse: AstraZeneca’s Q1, Novartis-Amgen Migraine Drug Approved” on May 18, 2018. More interesting news about ICU Medical, Inc. (NASDAQ:ICUI) were released by: Nasdaq.com and their article: “New Research: Key Drivers of Growth for EPAM, Jernigan Capital, Holly Energy Partners, ICU Medical, San Juan Basin …” published on May 22, 2018 as well as Bizjournals.com‘s news article titled: “Smiths in talks to merge Minnesota-based medical-device business with California company” with publication date: May 29, 2018.

Analysts await ICU Medical, Inc. (NASDAQ:ICUI) to report earnings on August, 8. They expect $1.70 earnings per share, up 226.92% or $1.18 from last year’s $0.52 per share. ICUI’s profit will be $34.52 million for 45.55 P/E if the $1.70 EPS becomes a reality. After $2.06 actual earnings per share reported by ICU Medical, Inc. for the previous quarter, Wall Street now forecasts -17.48% negative EPS growth.

Among 5 analysts covering ICU Medical (NASDAQ:ICUI), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. ICU Medical had 11 analyst reports since August 11, 2015 according to SRatingsIntel. The company was maintained on Tuesday, August 11 by Roth Capital. The company was maintained on Friday, August 11 by Gabelli. The rating was maintained by Roth Capital with “Hold” on Wednesday, August 9. TH Capital maintained the stock with “Buy” rating in Friday, November 6 report. The company was initiated on Friday, March 11 by Gabelli. As per Monday, August 17, the company rating was upgraded by Zacks. As per Tuesday, August 11, the company rating was maintained by Piper Jaffray. The firm earned “Buy” rating on Tuesday, August 11 by TH Capital. Roth Capital maintained ICU Medical, Inc. (NASDAQ:ICUI) rating on Friday, November 6. Roth Capital has “Buy” rating and $130 target.

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

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