Brunswick Co. (NYSE:BC) Shares Purchased by Divisar Capital Management LLC

Divisar Capital Management LLC lifted its position in shares of Brunswick Co. (NYSE:BC - Free Report) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 272,793 shares of the company's stock after purchasing an additional 7,900 shares during the period. Brunswick accounts for approximately 3.8% of Divisar Capital Management LLC's investment portfolio, making the stock its 12th biggest holding. Divisar Capital Management LLC owned approximately 0.41% of Brunswick worth $17,644,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in Brunswick by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,084,038 shares of the company's stock valued at $134,796,000 after purchasing an additional 10,951 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Brunswick by 18.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,757,186 shares of the company's stock valued at $113,655,000 after buying an additional 269,413 shares during the period. American Century Companies Inc. grew its stake in Brunswick by 2.9% during the fourth quarter. American Century Companies Inc. now owns 1,462,558 shares of the company's stock worth $94,599,000 after purchasing an additional 41,583 shares during the period. Alliancebernstein L.P. increased its stake in shares of Brunswick by 4.6% in the 4th quarter. Alliancebernstein L.P. now owns 1,338,619 shares of the company's stock valued at $86,582,000 after acquiring an additional 59,228 shares in the last quarter. Finally, FIL Ltd raised its holdings in shares of Brunswick by 323.9% during the fourth quarter. FIL Ltd now owns 1,114,324 shares of the company's stock valued at $72,074,000 after purchasing an additional 851,449 shares during the period. 99.34% of the stock is currently owned by institutional investors.

Insider Transactions at Brunswick

In other news, SVP Randall S. Altman sold 3,417 shares of the business's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $63.21, for a total transaction of $215,988.57. Following the transaction, the senior vice president now owns 26,683 shares of the company's stock, valued at approximately $1,686,632.43. The trade was a 11.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.81% of the company's stock.

Brunswick Trading Down 2.2 %

Shares of NYSE:BC traded down $1.04 during trading on Tuesday, reaching $45.56. 195,129 shares of the company were exchanged, compared to its average volume of 772,218. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.65 and a quick ratio of 0.63. The business's fifty day simple moving average is $51.23 and its 200-day simple moving average is $64.88. The firm has a market capitalization of $2.99 billion, a PE ratio of 23.98 and a beta of 1.28. Brunswick Co. has a 12-month low of $41.00 and a 12-month high of $87.65.

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

Brunswick Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were paid a $0.43 dividend. This is an increase from Brunswick's previous quarterly dividend of $0.42. This represents a $1.72 annualized dividend and a yield of 3.78%. The ex-dividend date of this dividend was Monday, February 24th. Brunswick's dividend payout ratio is currently 142.15%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BC. Jefferies Financial Group dropped their price target on Brunswick from $64.00 to $45.00 and set a "hold" rating on the stock in a research note on Thursday, April 24th. Stifel Nicolaus dropped their price objective on Brunswick from $95.00 to $86.00 and set a "buy" rating on the stock in a research note on Wednesday, January 15th. Roth Mkm decreased their price objective on Brunswick from $91.00 to $85.00 and set a "buy" rating for the company in a report on Friday, January 24th. DA Davidson reaffirmed a "neutral" rating and issued a $43.00 price objective (down from $64.00) on shares of Brunswick in a report on Monday, April 28th. Finally, Robert W. Baird reaffirmed 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 analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $71.00.

Brunswick 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.