Spectrum Brands Holdings, Inc. (SPB) Shares Sold by Andra AP fonden

Andra AP fonden cut its stake in Spectrum Brands Holdings, Inc. (NYSE:SPB) by 10.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,600 shares of the company’s stock after selling 2,500 shares during the period. Andra AP fonden’s holdings in Spectrum Brands Holdings were worth $2,394,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. boosted its holdings in shares of Spectrum Brands Holdings by 5,054.7% in the 1st quarter. BlackRock Inc. now owns 1,208,769 shares of the company’s stock valued at $168,030,000 after buying an additional 1,185,319 shares in the last quarter. Schroder Investment Management Group boosted its holdings in shares of Spectrum Brands Holdings by 29.7% in the 2nd quarter. Schroder Investment Management Group now owns 812,903 shares of the company’s stock valued at $101,084,000 after buying an additional 186,285 shares in the last quarter. Bessemer Group Inc. boosted its holdings in shares of Spectrum Brands Holdings by 18.2% in the 2nd quarter. Bessemer Group Inc. now owns 1,048,499 shares of the company’s stock valued at $131,105,000 after buying an additional 161,567 shares in the last quarter. Janus Henderson Group PLC bought a new stake in shares of Spectrum Brands Holdings in the 2nd quarter valued at about $12,046,000. Finally, State Street Corp boosted its holdings in shares of Spectrum Brands Holdings by 20.9% in the 1st quarter. State Street Corp now owns 555,659 shares of the company’s stock valued at $77,255,000 after buying an additional 95,941 shares in the last quarter. Hedge funds and other institutional investors own 46.35% of the company’s stock.

Shares of Spectrum Brands Holdings, Inc. (SPB) opened at $105.08 on Friday. The company has a market cap of $6,099.16, a P/E ratio of 19.39, a PEG ratio of 1.67 and a beta of 0.75. Spectrum Brands Holdings, Inc. has a one year low of $98.11 and a one year high of $146.09. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.88.

A number of research firms have recently weighed in on SPB. Jefferies Group LLC set a $143.00 price target on shares of Spectrum Brands Holdings and gave the company a “buy” rating in a report on Saturday, July 29th. Wells Fargo & Company reaffirmed a “buy” rating on shares of Spectrum Brands Holdings in a research report on Thursday, July 27th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $131.00 price objective (down from $149.00) on shares of Spectrum Brands Holdings in a research report on Monday, July 31st. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and issued a $167.00 price objective on shares of Spectrum Brands Holdings in a research report on Wednesday, August 30th. Finally, BidaskClub raised shares of Spectrum Brands Holdings from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company’s stock. Spectrum Brands Holdings has an average rating of “Buy” and a consensus target price of $140.13.

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Spectrum Brands Holdings Profile

Spectrum Brands Holdings, Inc (SB Holdings) is a diversified global consumer products company. The Company manufactures, markets and/or distributes its products in approximately 160 countries in the North America (NA); Europe, the Middle East and Africa (EMEA); Latin America (LATAM), and Asia-Pacific (APAC) regions.

Institutional Ownership by Quarter for Spectrum Brands Holdings (NYSE:SPB)

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