Verition Fund Management Trimmed Fortune Brands Home & Sec In (FBHS) Holding; Kona Grill (KONA) SI Decreased By 2.56%

August 10, 2018 - By Sarah Harris

Fortune Brands Home & Security, Inc. (NYSE:FBHS) Logo

Kona Grill Inc (NASDAQ:KONA) had a decrease of 2.56% in short interest. KONA’s SI was 1.23 million shares in August as released by FINRA. Its down 2.56% from 1.26M shares previously. With 36,100 avg volume, 34 days are for Kona Grill Inc (NASDAQ:KONA)’s short sellers to cover KONA’s short positions. The SI to Kona Grill Inc’s float is 22.07%. The stock increased 7.28% or $0.171 during the last trading session, reaching $2.521. About 71,680 shares traded or 59.04% up from the average. Kona Grill, Inc. (NASDAQ:KONA) has declined 32.53% since August 10, 2017 and is downtrending. It has underperformed by 45.10% the S&P500. Some Historical KONA News: 21/05/2018 – Hyundai Celebrates Stories of Purposeful Living in ‘The Kona Way’ Content Series; 15/03/2018 KONA GRILL INC – 4TH AMENDMENT TO SECOND AMENDED AGREEMENT AMENDS AVAILABLE CREDIT ON REVOLVER WAS REDUCED TO $25 MLN – SEC FILING; 10/05/2018 – Kona Grill 1Q Loss/Shr 24c; 11/05/2018 – NANYAN ZHENG REPORTS 19.9 PCT STAKE IN KONA GRILL INC AS OF MAY 2 – SEC FILING; 11/05/2018 – NANYAN ZHENG SAYS INTEND TO ENGAGE IN COMMUNICATIONS WITH KONA GRILL AND ONE OR MORE OFFICERS, DIRECTORS OR REPRESENTATIVES OF CO; 17/05/2018 – HAWAIIAN AIR FLIGHTS TO HILO, KONA OPERATING NORMALLY:SPOKESMAN; 11/05/2018 – Zheng, Nanyan, Affiliates Report Stake In Kona Grill; 10/05/2018 – Kona Grill 1Q Rev $42M; 22/03/2018 – Kona Grill 4Q Rev $42.5M; 15/03/2018 – KONA GRILL INC – MATURITY DATE WAS AMENDED FROM OCTOBER 12, 2019 TO JANUARY 13, 2020 WITH NO OPTION TO EXTEND MATURITY DATE

Verition Fund Management Llc decreased Fortune Brands Home & Sec In (FBHS) stake by 61.15% reported in 2018Q1 SEC filing. Verition Fund Management Llc sold 13,924 shares as Fortune Brands Home & Sec In (FBHS)’s stock declined 9.46%. The Verition Fund Management Llc holds 8,845 shares with $521,000 value, down from 22,769 last quarter. Fortune Brands Home & Sec In now has $7.79B valuation. The stock decreased 2.32% or $1.3 during the last trading session, reaching $54.66. About 709,109 shares traded. Fortune Brands Home & Security, Inc. (NYSE:FBHS) has declined 8.98% since August 10, 2017 and is downtrending. It has underperformed by 21.55% the S&P500. Some Historical FBHS News: 30/04/2018 – FORTUNE BRANDS REPORTS $150M SHARE BUYBACK AUTHORIZATION; 05/04/2018 U.S. COMMERCE DEPARTMENT SAYS MAKES FINAL FINDING THAT TOOL CHESTS AND CABINETS FROM CHINA, VIETNAM ARE DUMPED IN U.S. MARKET; 26/04/2018 – Fortune Brands 1Q EPS 49c; 11/05/2018 – U.S. trade panel: tool chests from China, Vietnam harm U.S. makers; 30/04/2018 – Fortune Brands Declares Quarterly Dividend And Announces $150 Million Share Repurchase Authorization; 26/04/2018 – Fortune Brands Raises 2018 View To Adj EPS $3.58-Adj EPS $3.70; 19/04/2018 – DJ Fortune Brands Home & Security Inc, Inst Holders, 1Q 2018 (FBHS); 25/04/2018 – Moen Inspires Consumers and Designers at New Design Center in Chicago’s Merchandise Mart; 09/04/2018 – Therma-Tru Named “Brand Used Most” for More Than 20 Consecutive Years; 26/04/2018 – Fortune Brands Announces Yr-to-date Shr Repurchases of $400M

Analysts await Fortune Brands Home & Security, Inc. (NYSE:FBHS) to report earnings on October, 24. They expect $1.07 EPS, up 28.92% or $0.24 from last year’s $0.83 per share. FBHS’s profit will be $152.40M for 12.77 P/E if the $1.07 EPS becomes a reality. After $1.00 actual EPS reported by Fortune Brands Home & Security, Inc. for the previous quarter, Wall Street now forecasts 7.00% EPS growth.

More recent Fortune Brands Home & Security, Inc. (NYSE:FBHS) news were published by: Benzinga.com which released: “Fortune Brands Downgraded By BofA On Cautious View For Building Products Stocks” on August 10, 2018. Also Seekingalpha.com published the news titled: “Fortune Brands Home & Security (FBHS) Q2 2018 Results – Earnings Call Transcript” on July 27, 2018. Nasdaq.com‘s news article titled: “Recent Analysis Shows Washington Real Estate Investment Trust, FirstEnergy, Alexion Pharmaceuticals, Alaska Air …” with publication date: August 08, 2018 was also an interesting one.

Since April 2, 2018, it had 0 insider purchases, and 1 sale for $287,147 activity. On Monday, April 2 the insider WATERS RONALD V sold $287,147.

Investors sentiment decreased to 0.85 in 2018 Q1. Its down 0.56, from 1.41 in 2017Q4. It fall, as 47 investors sold FBHS shares while 162 reduced holdings. 50 funds opened positions while 128 raised stakes. 120.01 million shares or 5.56% less from 127.08 million shares in 2017Q4 were reported. Amer Inc has 50,468 shares for 0.01% of their portfolio. Wendell David Associate invested in 0.11% or 10,347 shares. Renaissance Technologies holds 0.02% or 240,300 shares in its portfolio. Ibm Retirement Fund owns 5,440 shares. Gabelli Funds Limited Co owns 487,000 shares for 0.17% of their portfolio. Rafferty Asset Mgmt Ltd Liability Corp owns 10,318 shares. Westpac has invested 0% in Fortune Brands Home & Security, Inc. (NYSE:FBHS). Meiji Yasuda Asset Mgmt Limited invested in 0.04% or 7,870 shares. Clearbridge Invests Limited Liability holds 0% or 2,750 shares in its portfolio. Cap One Natl Association has 9,043 shares for 0.04% of their portfolio. California State Teachers Retirement Systems owns 245,756 shares or 0.03% of their US portfolio. Verition Fund Mngmt Ltd Llc accumulated 8,845 shares. Washington-based Tradewinds Limited Liability Company has invested 0.02% in Fortune Brands Home & Security, Inc. (NYSE:FBHS). Stephens Ar reported 0.01% stake. Exane Derivatives holds 464 shares.

Verition Fund Management Llc increased Akamai Technologies Inc (NASDAQ:AKAM) stake by 12,896 shares to 23,138 valued at $1.64M in 2018Q1. It also upped Gramercy Ppty Tr stake by 39,246 shares and now owns 63,381 shares. American Finl Group Inc Ohio (NYSE:AFG) was raised too.

Among 8 analysts covering Fortune Brands Home (NYSE:FBHS), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Fortune Brands Home had 8 analyst reports since February 12, 2018 according to SRatingsIntel. The company was maintained on Friday, April 27 by Barclays Capital. As per Monday, June 25, the company rating was maintained by J.P. Morgan. Bank of America downgraded the shares of FBHS in report on Monday, May 14 to “Hold” rating. Credit Suisse maintained Fortune Brands Home & Security, Inc. (NYSE:FBHS) on Friday, April 27 with “Outperform” rating. The rating was maintained by Robert W. Baird with “Buy” on Thursday, April 19. The firm earned “Neutral” rating on Monday, April 30 by Citigroup. The rating was upgraded by Gabelli to “Buy” on Monday, February 12.

Kona Grill, Inc. owns and operates upscale casual restaurants under the Kona Grill brand name. The company has market cap of $33.42 million. As of August 15, 2017, it owned and operated 46 restaurants in 23 states of the United States and Puerto Rico; and 1 franchise restaurant in Monterrey, Mexico. It currently has negative earnings.

Since May 4, 2018, it had 1 insider purchase, and 0 insider sales for $880,000 activity. Bakay Berke had bought 492,997 shares worth $880,000.

Investors sentiment increased to 1.33 in 2018 Q1. Its up 0.48, from 0.85 in 2017Q4. It is positive, as 5 investors sold Kona Grill, Inc. shares while 4 reduced holdings. 5 funds opened positions while 7 raised stakes. 1.79 million shares or 10.36% less from 2.00 million shares in 2017Q4 were reported. Deutsche Comml Bank Ag holds 0% or 20 shares in its portfolio. Meeder Asset Inc invested in 1,888 shares or 0% of the stock. Macquarie Group Inc Ltd reported 33,997 shares. Art Ltd Limited Liability Company holds 0% of its portfolio in Kona Grill, Inc. (NASDAQ:KONA) for 13,834 shares. The Texas-based Dimensional Fund L P has invested 0% in Kona Grill, Inc. (NASDAQ:KONA). Renaissance Technology Lc stated it has 0% of its portfolio in Kona Grill, Inc. (NASDAQ:KONA). 44,219 were reported by Blackrock. Bridgeway Capital Management Incorporated accumulated 110,200 shares or 0% of the stock. Northern Tru has invested 0% in Kona Grill, Inc. (NASDAQ:KONA). Natl Bank Of America De has 559 shares. Millennium Management Limited Co holds 0% in Kona Grill, Inc. (NASDAQ:KONA) or 25,389 shares. Citadel Advsr Ltd Liability Com owns 24,744 shares. Bnp Paribas Arbitrage Sa has invested 0% in Kona Grill, Inc. (NASDAQ:KONA). Vanguard Grp Inc owns 253,119 shares for 0% of their portfolio. 52,010 are held by Geode Mngmt Ltd Limited Liability Company.

More news for Kona Grill, Inc. (NASDAQ:KONA) were recently published by: Nasdaq.com, which released: “Kona Grill Reports Second Quarter 2018 Results” on August 09, 2018. Nasdaq.com‘s article titled: “Kona Grill Sets Second Quarter 2018 Conference Call for Thursday, August 9, 2018 at 5:00 pm ET” and published on August 01, 2018 is yet another important article.

Kona Grill, Inc. (NASDAQ:KONA) Institutional Positions Chart

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