Brunswick Co. (NYSE:BC) Shares Acquired by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. raised its holdings in shares of Brunswick Co. (NYSE:BC - Free Report) by 113.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,648 shares of the company's stock after purchasing an additional 10,424 shares during the quarter. Harbor Capital Advisors Inc.'s holdings in Brunswick were worth $1,647,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. V Square Quantitative Management LLC bought a new position in Brunswick during the 3rd quarter valued at about $26,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Brunswick by 43,700.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 438 shares of the company's stock worth $42,000 after buying an additional 437 shares during the period. J.Safra Asset Management Corp lifted its stake in shares of Brunswick by 77.1% during the 1st quarter. J.Safra Asset Management Corp now owns 602 shares of the company's stock worth $58,000 after acquiring an additional 262 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Brunswick by 92.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,155 shares of the company's stock worth $97,000 after acquiring an additional 555 shares during the last quarter. Finally, Fifth Third Bancorp lifted its stake in shares of Brunswick by 47.0% during the 2nd quarter. Fifth Third Bancorp now owns 1,511 shares of the company's stock worth $110,000 after acquiring an additional 483 shares during the last quarter. Institutional investors own 99.34% of the company's stock.

Insider Buying and Selling

In related news, Director Joseph W. Mcclanathan sold 4,745 shares of the business's stock in a transaction on Friday, October 25th. The stock was sold at an average price of $80.14, for a total transaction of $380,264.30. Following the transaction, the director now directly owns 19,218 shares in the company, valued at $1,540,130.52. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Joseph W. Mcclanathan sold 4,745 shares of the business's stock in a transaction on Friday, October 25th. The stock was sold at an average price of $80.14, for a total transaction of $380,264.30. Following the transaction, the director now directly owns 19,218 shares in the company, valued at $1,540,130.52. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO David M. Foulkes sold 23,829 shares of the business's stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $80.22, for a total value of $1,911,562.38. Following the transaction, the chief executive officer now owns 251,094 shares in the company, valued at approximately $20,142,760.68. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 28,940 shares of company stock worth $2,321,176 in the last ninety days. 0.81% of the stock is owned by insiders.

Brunswick Stock Up 5.3 %

Shares of NYSE:BC traded up $4.36 on Wednesday, reaching $85.95. The company had a trading volume of 1,120,578 shares, compared to its average volume of 712,749. Brunswick Co. has a 52-week low of $69.05 and a 52-week high of $99.68. The firm's 50 day simple moving average is $80.69 and its 200-day simple moving average is $78.82. The firm has a market capitalization of $5.67 billion, a PE ratio of 21.13 and a beta of 1.51. The company has a current ratio of 1.97, a quick ratio of 0.74 and a debt-to-equity ratio of 1.17.

Brunswick Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Wednesday, November 20th will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $1.68 annualized dividend and a yield of 1.95%. Brunswick's dividend payout ratio (DPR) is 41.79%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. B. Riley decreased their price target on Brunswick from $108.00 to $97.00 and set a "buy" rating for the company in a research note on Wednesday, July 10th. Jefferies Financial Group reissued a "hold" rating and set a $70.00 price target (down from $115.00) on shares of Brunswick in a research note on Friday, July 26th. Robert W. Baird reduced their price objective on Brunswick from $95.00 to $93.00 and set an "outperform" rating on the stock in a report on Friday, July 26th. Benchmark restated a "buy" rating and set a $100.00 price objective on shares of Brunswick in a report on Friday, October 25th. Finally, Northcoast Research upgraded Brunswick from a "neutral" rating to a "buy" rating and set a $100.00 price objective on the stock in a report on Monday, July 29th. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $89.23.

About Brunswick

Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.