Briggs & Stratton Corporation (NYSE:BGG) is expected to pay $0.14 on Oct 3, 2016. The indicated annual dividend is $0.56. Shareholders owning the stock before Sep 14, 2016 will be eligible to receive the payout. Based on Briggs & Stratton Corporation’s current price of $18.48, the dividend is 0.76%. This dividend’s record date is Sep 16, 2016 and the announcement date is Aug 17, 2016. About 17,471 shares traded hands. Briggs & Stratton Corporation (NYSE:BGG) has declined 7.27% since February 8, 2016 and is downtrending. It has underperformed by 23.75% the S&P500.
Briggs & Stratton Corporation is a producer of gasoline engines for outdoor power equipment. The company has a market cap of $805.66 million. The Firm designs, makes, markets, sells and services the various products for original equipment manufacturers around the world. It has a 30.38 P/E ratio. It also markets and sells related service parts and accessories for its engines.
The institutional sentiment decreased to 0.75 in 2016 Q2. Its down 0.43, from 1.18 in 2016Q1. The ratio is negative, as 32 funds sold all Briggs & Stratton Corporation shares owned while 67 reduced positions. 18 funds bought stakes while 56 increased positions. They now own 39.53 million shares or 2.38% less from 40.50 million shares in 2016Q1.
Daruma Capital Management Llc holds 3.12% of its portfolio in Briggs & Stratton Corporation for 2.26 million shares. Salem Capital Management Inc owns 175,575 shares or 2.14% of their US portfolio. Moreover, Netols Asset Management Inc. has 1.72% invested in the company for 359,918 shares. The New York-based Walthausen & Co. Llc has invested 1.04% in the stock. Harvest Capital Strategies Llc, a California-based fund reported 320,000 shares.
Out of 2 analysts covering Briggs & Stratton Corporation (NYSE:BGG), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Briggs & Stratton Corporation has been the topic of 2 analyst reports since April 15, 2016 according to StockzIntelligence Inc. Raymond James downgraded the stock on June 1 to “Market Perform” rating.
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