Barclays PLC Has $5.18 Million Stock Holdings in Brunswick Co. (NYSE:BC)

Barclays PLC lessened its position in Brunswick Co. (NYSE:BC - Free Report) by 32.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 80,125 shares of the company's stock after selling 38,064 shares during the period. Barclays PLC owned approximately 0.12% of Brunswick worth $5,183,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Pacer Advisors Inc. grew its holdings in Brunswick by 2.0% in the fourth quarter. Pacer Advisors Inc. now owns 9,861 shares of the company's stock valued at $638,000 after purchasing an additional 190 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Brunswick by 5.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,883 shares of the company's stock worth $316,000 after purchasing an additional 236 shares during the last quarter. Xponance Inc. raised its position in shares of Brunswick by 4.9% in the fourth quarter. Xponance Inc. now owns 7,617 shares of the company's stock valued at $493,000 after buying an additional 359 shares during the last quarter. Hunter Associates Investment Management LLC lifted its stake in shares of Brunswick by 2.5% during the fourth quarter. Hunter Associates Investment Management LLC now owns 18,127 shares of the company's stock valued at $1,170,000 after buying an additional 447 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its position in Brunswick by 11.8% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 5,431 shares of the company's stock worth $351,000 after acquiring an additional 572 shares during the last quarter. Hedge funds and other institutional investors own 99.34% of the company's stock.

Insider Buying and Selling at Brunswick

In related news, Director Nancy E. Cooper sold 433 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $65.65, for a total transaction of $28,426.45. Following the completion of the sale, the director now directly owns 25,361 shares of the company's stock, valued at $1,664,949.65. This represents a 1.68 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Randall S. Altman sold 3,417 shares of the business's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $63.21, for a total value of $215,988.57. Following the sale, the senior vice president now directly owns 26,683 shares in the company, valued at $1,686,632.43. This trade represents a 11.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,279 shares of company stock valued at $264,475. 0.81% of the stock is owned by corporate insiders.

Brunswick Stock Performance

NYSE BC traded up $0.38 on Friday, hitting $46.71. The stock had a trading volume of 416,507 shares, compared to its average volume of 770,480. The company's 50-day moving average is $51.89 and its two-hundred day moving average is $65.65. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of 24.61 and a beta of 1.42. The company has a quick ratio of 0.63, a current ratio of 1.65 and a debt-to-equity ratio of 1.11. Brunswick Co. has a one year low of $41.00 and a one year high of $87.65.

Brunswick (NYSE:BC - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.25 by $0.31. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.14 billion. Brunswick had a net margin of 2.48% and a return on equity of 15.41%. Brunswick's revenue was down 10.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.35 EPS. On average, analysts expect that Brunswick Co. will post 4.19 earnings per share for the current year.

Brunswick Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, February 24th were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 3.68%. This is an increase from Brunswick's previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Monday, February 24th. Brunswick's dividend payout ratio is 142.15%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Baird R W cut Brunswick from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. DA Davidson reaffirmed a "neutral" rating and set a $43.00 price target (down from $64.00) on shares of Brunswick in a research report on Monday. Roth Mkm decreased their target price on Brunswick from $91.00 to $85.00 and set a "buy" rating for the company in a research report on Friday, January 24th. BMO Capital Markets reduced their price target on Brunswick from $75.00 to $65.00 and set an "outperform" rating on the stock in a research report on Friday, April 25th. Finally, Robert W. Baird reiterated a "neutral" rating and set a $56.00 price objective (down previously from $90.00) on shares of Brunswick in a research note on Friday, April 4th. Seven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $71.00.

Brunswick Company Profile

Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.