Spectrum Brands Holdings, Inc. (NYSE:SPB) is expected to pay $0.38 on Dec 15, 2016. The indicated annual dividend is $1.52. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Spectrum Brands Holdings, Inc.’s current price of $121.97, the dividend is 0.31%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 15, 2016. The stock increased 0.26% or $0.32 on November 25, hitting $121.97. About 300,177 shares traded hands. Spectrum Brands Holdings, Inc. (NYSE:SPB) has risen 9.76% since April 25, 2016 and is uptrending. It has outperformed by 3.75% the S&P500.
Spectrum Brands Holdings, Inc. is a diversified consumer products company. The company has a market cap of $7.26 billion. The Firm operates through five divisions: Global Batteries & Appliances, Global Pet Supplies, Home and Garden, Hardware & Home Improvement, and Global Auto Care. It has a 20.37 P/E ratio. The Company’s Global Batteries & Appliances segment includes consumer batteries, small appliances and personal care products.
Insitutional Activity: The institutional sentiment increased to 1.18 in 2016 Q2. Its up 0.03, from 1.15 in 2016Q1. The ratio improved, as 22 funds sold all Spectrum Brands Holdings, Inc. shares owned while 74 reduced positions. 31 funds bought stakes while 79 increased positions. They now own 26.72 million shares or 7.05% more from 24.96 million shares in 2016Q1.
Teacher Retirement Systems Of Texas has 0% invested in the company for 3,717 shares. Picton Mahoney Asset Mgmt accumulated 0.24% or 32,300 shares. Bnp Paribas Arbitrage Sa holds 7,390 shares or 0% of its portfolio. Panagora Asset Mngmt holds 0.01% of its portfolio in Spectrum Brands Holdings, Inc. (NYSE:SPB) for 15,584 shares. London Of Virginia has 548,689 shares for 0.5% of their US portfolio. Cypress Funds Ltd Liability Company has 3.69% invested in the company for 131,000 shares. Ardevora Asset Mngmt Limited Liability Partnership accumulated 1.13% or 226,900 shares. Genesee Valley Trust holds 0.16% of its portfolio in Spectrum Brands Holdings, Inc. (NYSE:SPB) for 2,064 shares. Stoneridge Investment Ltd reported 9,564 shares or 0.17% of all its holdings. First Tru Ltd Partnership holds 0.4% or 1.07M shares in its portfolio. Clinton holds 0.04% of its portfolio in Spectrum Brands Holdings, Inc. (NYSE:SPB) for 8,048 shares. Kj Harrison And Prtn Inc last reported 5,200 shares in the company. Checchi Capital Advisers Limited Liability Company has 0% invested in the company for 84 shares. Tourbillon Cap Ptnrs L P holds 0.96% of its portfolio in Spectrum Brands Holdings, Inc. (NYSE:SPB) for 403,296 shares. The New York-based Renaissance Tech Ltd has invested 0.04% in Spectrum Brands Holdings, Inc. (NYSE:SPB).
Insider Transactions: Since June 13, 2016, the stock had 2 buys, and 1 sale for $650,670 net activity. $102,432 worth of shares were sold by Neu Stacey L on Tuesday, August 2. Maura David M bought 2,000 shares worth $254,940.
Spectrum Brands Holdings, Inc. (NYSE:SPB) Ratings Coverage
Out of 8 analysts covering Spectrum Brands (NYSE:SPB), 8 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Spectrum Brands has been the topic of 12 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, August 20 by RBC Capital Markets. Piperjaffray initiated Spectrum Brands Holdings, Inc. (NYSE:SPB) rating on Thursday, September 1. Piperjaffray has “Overweight” rating and $147 price target. As per Thursday, September 29, the company rating was maintained by Monness Crespi & Hardt. Monness Crespi maintained Spectrum Brands Holdings, Inc. (NYSE:SPB) rating on Friday, July 29. Monness Crespi has “Buy” rating and $138 price target. Monness Crespi maintained the stock with “Buy” rating in Friday, April 29 report. The rating was initiated by Raymond James with “Outperform” on Tuesday, December 15. The firm has “Buy” rating given on Thursday, August 6 by Sterne Agee CRT. The stock has “Buy” rating given by Jefferies on Friday, January 8. The company was initiated on Thursday, September 1 by PiperJaffray. The rating was maintained by Deutsche Bank on Thursday, August 6 with “Buy”.
More recent Spectrum Brands Holdings, Inc. (NYSE:SPB) news were published by: Wsj.com which released: “Spectrum Brands Revenue Declines” on November 17, 2016. Also Forbes.com published the news titled: “Ex-Dividend Reminder: HanesBrands, Spectrum Brands Holdings and Cable One” on August 10, 2016. Prnewswire.com‘s news article titled: “Spectrum Brands, Inc. – Pet, Home & Garden Division Announces Launch of Tetra …” with publication date: October 25, 2016 was also an interesting one.
SPB Company Profile
Spectrum Brands Holdings, Inc. (SBH), incorporated on February 5, 2010, is a diversified consumer products company. The Firm makes, markets and/or distributes its products in approximately 160 countries in the North America, Europe, Middle East and Africa (MEA), Latin America and Asia-Pacific regions through a range of trade channels, including retailers, wholesalers and distributors, original equipment manufacturers (OEMs), construction companies and hearing aid professionals. The Firm operates through five divisions: Global Batteries & Appliances, Global Pet Supplies, Home and Garden, Hardware & Home Improvement, and Global Auto Care.
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