Brunswick Co. (BC) Shares Bought by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC grew its holdings in shares of Brunswick Co. (NYSE:BC) by 1.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 64,967 shares of the company’s stock after buying an additional 707 shares during the period. Exencial Wealth Advisors LLC’s holdings in Brunswick were worth $3,018,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC raised its holdings in shares of Brunswick by 30.3% during the second quarter. FMR LLC now owns 2,704,125 shares of the company’s stock valued at $174,362,000 after acquiring an additional 628,227 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of Brunswick during the second quarter valued at approximately $4,959,000. Advisors Asset Management Inc. increased its stake in Brunswick by 33.4% in the 2nd quarter. Advisors Asset Management Inc. now owns 18,008 shares of the company’s stock valued at $1,161,000 after buying an additional 4,511 shares during the period. Northern Trust Corp increased its stake in Brunswick by 0.6% in the 2nd quarter. Northern Trust Corp now owns 670,388 shares of the company’s stock valued at $43,227,000 after buying an additional 3,992 shares during the period. Finally, State of Alaska Department of Revenue increased its stake in Brunswick by 45.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 13,204 shares of the company’s stock valued at $884,000 after buying an additional 4,114 shares during the period. 95.84% of the stock is currently owned by hedge funds and other institutional investors.

Shares of BC opened at $48.67 on Wednesday. Brunswick Co. has a 12 month low of $41.92 and a 12 month high of $69.82. The firm has a market cap of $4.19 billion, a PE ratio of 10.20, a price-to-earnings-growth ratio of 0.81 and a beta of 1.67. The company has a current ratio of 1.50, a quick ratio of 0.75 and a debt-to-equity ratio of 0.75.

Brunswick (NYSE:BC) last announced its quarterly earnings results on Thursday, January 31st. The company reported $0.98 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.08. Brunswick had a net margin of 5.20% and a return on equity of 27.37%. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the prior year, the business posted $0.70 EPS. Equities research analysts forecast that Brunswick Co. will post 4.97 earnings per share for the current fiscal year.

Several research analysts have weighed in on BC shares. Zacks Investment Research lowered shares of Brunswick from a “hold” rating to a “sell” rating in a research note on Tuesday, January 29th. TheStreet upgraded shares of Brunswick from a “c” rating to a “b-” rating in a research note on Thursday, January 31st. ValuEngine lowered shares of Brunswick from a “hold” rating to a “sell” rating in a research note on Saturday, February 2nd. B. Riley reiterated a “buy” rating on shares of Brunswick in a research note on Thursday, December 27th. Finally, Wells Fargo & Co dropped their price objective on shares of Brunswick from $65.00 to $60.00 and set an “outperform” rating on the stock in a research note on Tuesday, December 18th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $70.67.

In other Brunswick news, Director Ralph C. Stayer purchased 3,310 shares of the company’s stock in a transaction dated Thursday, December 6th. The shares were bought at an average price of $51.22 per share, for a total transaction of $169,538.20. Following the purchase, the director now directly owns 116,211 shares in the company, valued at approximately $5,952,327.42. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Manuel A. Fernandez purchased 13,235 shares of the company’s stock in a transaction dated Friday, November 30th. The shares were acquired at an average price of $53.09 per share, for a total transaction of $702,646.15. Following the purchase, the director now owns 109,784 shares in the company, valued at $5,828,432.56. The disclosure for this purchase can be found here. Corporate insiders own 1.00% of the company’s stock.

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Brunswick Company Profile

Brunswick Corporation designs, manufactures, and markets recreation products worldwide. The company's Marine Engine segment offers outboard, sterndrive, and inboard engine and propulsion systems; marine electronics and control integration systems, steering systems, instruments, controls, propellers, trolling motors, fuel systems, service parts, and lubricants; and diesel propulsion systems to the recreational and commercial marine markets.

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Institutional Ownership by Quarter for Brunswick (NYSE:BC)

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