Brunswick Co. (NYSE:BC) insider John C. Pfeifer sold 2,346 shares of the business’s stock in a transaction dated Thursday, May 11th. The stock was sold at an average price of $58.26, for a total transaction of $136,677.96. Following the sale, the insider now directly owns 44,488 shares in the company, valued at $2,591,870.88. The sale was disclosed in a legal filing with the SEC, which is available through this link.
John C. Pfeifer also recently made the following trade(s):
Brunswick Co. (BC) opened at 55.17 on Tuesday. The firm has a market cap of $4.93 billion, a price-to-earnings ratio of 18.32 and a beta of 1.95. Brunswick Co. has a 12 month low of $41.19 and a 12 month high of $61.74. The firm’s 50 day moving average is $56.81 and its 200-day moving average is $57.06. Brunswick (NYSE:BC) last released its earnings results on Thursday, April 27th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.02. Brunswick had a net margin of 5.59% and a return on equity of 17.87%. The company had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter last year, the business earned $0.71 EPS. On average, equities analysts forecast that Brunswick Co. will post $4.05 EPS for the current year.
A number of large investors have recently added to or reduced their stakes in BC. Delphi Management Inc. MA boosted its stake in Brunswick by 520.5% in the third quarter. Delphi Management Inc. MA now owns 42,566 shares of the company’s stock worth $2,076,000 after buying an additional 35,706 shares during the last quarter. Exencial Wealth Advisors LLC boosted its stake in Brunswick by 0.3% in the fourth quarter. Exencial Wealth Advisors LLC now owns 54,088 shares of the company’s stock worth $2,950,000 after buying an additional 160 shares during the last quarter. Capital Fund Management S.A. purchased a new stake in Brunswick during the third quarter worth approximately $2,469,000. Diker Management LLC boosted its stake in Brunswick by 65.0% in the third quarter. Diker Management LLC now owns 40,600 shares of the company’s stock worth $1,980,000 after buying an additional 16,000 shares during the last quarter. Finally, Virginia Retirement Systems ET AL boosted its stake in Brunswick by 582.4% in the third quarter. Virginia Retirement Systems ET AL now owns 34,800 shares of the company’s stock worth $1,698,000 after buying an additional 29,700 shares during the last quarter. Institutional investors own 99.34% of the company’s stock. A number of equities research analysts have recently issued reports on BC shares. B. Riley reaffirmed a “buy” rating and issued a $72.00 target price on shares of Brunswick in a report on Wednesday, May 3rd. Jefferies Group LLC reaffirmed a “hold” rating and issued a $56.00 target price on shares of Brunswick in a report on Friday, March 31st. Stifel Nicolaus reaffirmed an “outperform” rating and issued a $65.00 target price (up from $64.00) on shares of Brunswick in a report on Friday, April 14th. BMO Capital Markets reiterated a “buy” rating and issued a $72.00 price target on shares of Brunswick in a research note on Monday, March 20th. Finally, Zacks Investment Research lowered shares of Brunswick from a “hold” rating to a “sell” rating in a research note on Friday, April 14th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $64.64.
Receive News & Ratings for Brunswick Co. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Brunswick Co. and related companies with MarketBeat.com’s FREE daily email newsletter.