Brunswick Co. (BC) Insider John C. Pfeifer Sells 3,780 Shares

Brunswick Co. (NYSE:BC) insider John C. Pfeifer sold 3,780 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $54.96, for a total value of $207,748.80. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Brunswick Co. (BC) opened at $55.49 on Thursday. The company has a current ratio of 1.81, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28. The firm has a market cap of $4,870.00, a price-to-earnings ratio of 17.84, a P/E/G ratio of 0.81 and a beta of 1.91. Brunswick Co. has a 1-year low of $48.04 and a 1-year high of $63.82.

Brunswick (NYSE:BC) last posted its earnings results on Thursday, October 26th. The company reported $0.91 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.00 by ($0.09). The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.16 billion. Brunswick had a net margin of 5.93% and a return on equity of 22.71%. The business’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.91 EPS. research analysts forecast that Brunswick Co. will post 3.85 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Tuesday, November 21st were issued a dividend of $0.19 per share. This is a positive change from Brunswick’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Monday, November 20th. This represents a $0.76 annualized dividend and a dividend yield of 1.37%. Brunswick’s payout ratio is presently 24.44%.

Large investors have recently bought and sold shares of the stock. Advisors Asset Management Inc. acquired a new position in Brunswick in the 2nd quarter worth $134,000. Ladenburg Thalmann Financial Services Inc. lifted its holdings in Brunswick by 1,158.4% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,391 shares of the company’s stock worth $132,000 after buying an additional 2,201 shares in the last quarter. Bronfman E.L. Rothschild L.P. lifted its holdings in Brunswick by 149.8% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 2,550 shares of the company’s stock worth $160,000 after buying an additional 1,529 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Brunswick by 9.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,217 shares of the company’s stock worth $202,000 after buying an additional 280 shares in the last quarter. Finally, Advisor Group Inc. lifted its holdings in Brunswick by 2.7% in the 2nd quarter. Advisor Group Inc. now owns 3,306 shares of the company’s stock worth $202,000 after buying an additional 87 shares in the last quarter. Institutional investors and hedge funds own 92.18% of the company’s stock.

BC has been the subject of a number of recent research reports. B. Riley set a $70.00 price objective on shares of Brunswick and gave the stock a “buy” rating in a research note on Monday, October 23rd. Zacks Investment Research raised shares of Brunswick from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. BMO Capital Markets reaffirmed a “buy” rating and issued a $68.00 target price on shares of Brunswick in a research note on Friday, October 13th. Royal Bank of Canada reaffirmed a “buy” rating on shares of Brunswick in a research note on Tuesday, October 3rd. Finally, ValuEngine raised shares of Brunswick from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the company. Brunswick presently has an average rating of “Buy” and a consensus price target of $63.23.

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Brunswick Company Profile

Brunswick Corporation is a designer, manufacturer and marketer of recreation products. The Company operates through three segments: Marine Engine, Boat and Fitness. The Company’s product includes marine engines, boats, fitness equipment and active recreation products. The Company’s engine-related products include outboard, sterndrive and inboard engines; trolling motors; propellers; engine control systems; and marine parts and accessories.

Insider Buying and Selling by Quarter for Brunswick (NYSE:BC)

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