Ramsey Quantitative Systems Acquires Shares of 4,788 Brunswick Co. (BC)

Ramsey Quantitative Systems acquired a new position in Brunswick Co. (NYSE:BC) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,788 shares of the company’s stock, valued at approximately $264,000.

Other hedge funds also recently made changes to their positions in the company. Cerebellum GP LLC purchased a new position in Brunswick during the fourth quarter valued at approximately $128,000. Ladenburg Thalmann Financial Services Inc. raised its position in Brunswick by 1,158.4% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,391 shares of the company’s stock valued at $132,000 after acquiring an additional 2,201 shares in the last quarter. Boothbay Fund Management LLC purchased a new position in Brunswick during the third quarter valued at approximately $252,000. Raymond James Financial Services Advisors Inc. purchased a new position in Brunswick during the second quarter valued at approximately $263,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in Brunswick by 47.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,757 shares of the company’s stock valued at $263,000 after acquiring an additional 1,540 shares in the last quarter. Institutional investors own 89.61% of the company’s stock.

Shares of Brunswick Co. (NYSE BC) opened at $59.02 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.78 and a quick ratio of 1.04. The stock has a market capitalization of $5,075.70, a P/E ratio of 37.12, a PEG ratio of 0.78 and a beta of 1.82. Brunswick Co. has a 12 month low of $48.04 and a 12 month high of $64.45.

Brunswick (NYSE:BC) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.70 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.74 by ($0.04). The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.13 billion. Brunswick had a return on equity of 22.52% and a net margin of 3.09%. The business’s revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.66 earnings per share. research analysts predict that Brunswick Co. will post 4.58 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Tuesday, February 27th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Monday, February 26th. Brunswick’s dividend payout ratio is presently 47.80%.

BC has been the subject of several recent research reports. Royal Bank of Canada reduced their price target on Brunswick from $67.00 to $56.00 and set an “outperform” rating for the company in a research report on Monday, November 6th. Northcoast Research upgraded Brunswick from a “neutral” rating to a “buy” rating in a research report on Friday, November 3rd. B. Riley boosted their price objective on Brunswick from $65.00 to $68.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Zacks Investment Research upgraded Brunswick from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Finally, CL King restated a “neutral” rating on shares of Brunswick in a research report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the company. Brunswick has an average rating of “Buy” and an average price target of $66.13.

In other news, insider John C. Pfeifer sold 3,780 shares of Brunswick stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $54.96, for a total value of $207,748.80. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Christopher F. Dekker sold 3,100 shares of Brunswick stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $58.84, for a total value of $182,404.00. The disclosure for this sale can be found here. Insiders own 1.00% of the company’s stock.

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About Brunswick

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.

Institutional Ownership by Quarter for Brunswick (NYSE:BC)

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