November 10, 2018 – By Clifton Ray
Investors sentiment decreased to 0.64 in Q2 2018. Its down 0.33, from 0.97 in 2018Q1. It is negative, as 73 investors sold Spectrum Brands Holdings, Inc. shares while 64 reduced holdings. 38 funds opened positions while 50 raised stakes. 27.87 million shares or 14.87% more from 24.27 million shares in 2018Q1 were reported.
Great West Life Assurance Can accumulated 0% or 1,493 shares. At National Bank invested in 0.05% or 5,732 shares. Segall Bryant Hamill Llc holds 110,806 shares or 0.14% of its portfolio. Raymond James And Associate holds 0.01% or 52,875 shares. Tiaa Cref Invest Management Ltd Liability Company owns 36,625 shares. 2.05 million are held by Schroder Invest Mngmt Gp. Natixis reported 0.06% in Spectrum Brands Holdings, Inc. (NYSE:SPB). Northern Tru holds 0% or 122,487 shares in its portfolio. 4,810 are held by Highland Cap Lc. Employees Retirement Sys Of Ohio invested in 9,675 shares. First Quadrant Lp Ca reported 6,500 shares or 0.01% of all its holdings. Jpmorgan Chase has invested 0.02% in Spectrum Brands Holdings, Inc. (NYSE:SPB). Cordasco Fincl reported 440 shares. Credit Suisse Ag stated it has 23,349 shares. Js Capital Mgmt Limited Liability Corporation holds 1.24% in Spectrum Brands Holdings, Inc. (NYSE:SPB) or 46,281 shares.
Analysts expect Spectrum Brands Holdings, Inc. (NYSE:SPB) to report $1.13 EPS on November, 19.They anticipate $0.82 EPS change or 264.52 % from last quarter’s $0.31 EPS. SPB’s profit would be $60.35 million giving it 14.57 P/E if the $1.13 EPS is correct. After having $1.76 EPS previously, Spectrum Brands Holdings, Inc.’s analysts see -35.80 % EPS growth. The stock decreased 0.53% or $0.35 during the last trading session, reaching $65.85. About 203,565 shares traded. Spectrum Brands Holdings, Inc. (NYSE:SPB) has declined 12.36% since November 10, 2017 and is downtrending. It has underperformed by 27.98% the S&P500.
Among 3 analysts covering Spectrum Brands Holdings (NYSE:SPB), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Spectrum Brands Holdings had 3 analyst reports since July 31, 2018 according to SRatingsIntel. Bank of America maintained the shares of SPB in report on Thursday, October 4 with “Neutral” rating. The company was maintained on Tuesday, July 31 by BMO Capital Markets. The stock of Spectrum Brands Holdings, Inc. (NYSE:SPB) earned “Market Perform” rating by Wells Fargo on Wednesday, October 17.
Spectrum Brands Holdings, Inc. manufactures, markets, and/or distributes consumer products worldwide. The company has market cap of $3.52 billion. It operates through five divisions: Global Batteries & Appliances, Hardware & Home Improvement, Global Pet Supplies, Home and Garden, and Global Auto Care. It has a 2.61 P/E ratio. The firm offers batteries; battery-powered portable lighting products; small kitchen and home appliances; personal care products; hinges; security, garage door, and window hardware products; floor protection products; residential lockset and door hardware products; commercial door, lock, and hardware products; and plumbing products.
More recent Spectrum Brands Holdings, Inc. (NYSE:SPB) news were published by: Globenewswire.com which released: “Market Trends Toward New Normal in Crown, Athersys, CSX, Magellan Health, Spectrum Brands, and MGIC …” on October 29, 2018. Also Digitaljournal.com published the news titled: “NYSE: SPB Shareholder Alert: Investigation over Possible Violations of Securities Laws by Spectrum Brands Holdings …” on November 05, 2018. Globenewswire.com‘s news article titled: “INVESTIGATION UPDATE for SPB and ABC: Levi & Korsinsky, LLP Reminds Investors of Investigations on Behalf of …” with publication date: October 16, 2018 was also an interesting one.
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By Clifton Ray