K.J. Harrison & Partners Inc increased its position in shares of Spectrum Brands Holdings, Inc. (NYSE:SPB) by 82.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,710 shares of the company’s stock after acquiring an additional 11,590 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in Spectrum Brands Holdings were worth $2,723,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Spectrum Brands Holdings during the second quarter valued at $100,000. Daiwa Securities Group Inc. lifted its stake in shares of Spectrum Brands Holdings by 33.3% during the second quarter. Daiwa Securities Group Inc. now owns 800 shares of the company’s stock valued at $100,000 after acquiring an additional 200 shares during the period. Pacad Investment Ltd. acquired a new position in shares of Spectrum Brands Holdings during the second quarter valued at $113,000. FNY Partners Fund LP acquired a new position in shares of Spectrum Brands Holdings during the second quarter valued at $187,000. Finally, SG Americas Securities LLC lifted its stake in shares of Spectrum Brands Holdings by 50.6% during the second quarter. SG Americas Securities LLC now owns 1,586 shares of the company’s stock valued at $198,000 after acquiring an additional 533 shares during the period. 46.11% of the stock is currently owned by institutional investors and hedge funds.

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Several brokerages have recently issued reports on SPB. Jefferies Group LLC reaffirmed a “buy” rating and set a $150.00 price target (down previously from $165.00) on shares of Spectrum Brands Holdings in a research note on Thursday, July 6th. BidaskClub lowered Spectrum Brands Holdings from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 8th. Zacks Investment Research lowered Spectrum Brands Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, July 8th. Wells Fargo & Company reaffirmed a “buy” rating on shares of Spectrum Brands Holdings in a research note on Thursday, July 27th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a $131.00 price target (down previously from $149.00) on shares of Spectrum Brands Holdings in a research note on Monday, July 31st. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $140.13.

Spectrum Brands Holdings, Inc. (NYSE:SPB) traded up 1.577% during trading on Tuesday, reaching $109.825. The company’s stock had a trading volume of 115,986 shares. The stock has a market cap of $6.37 billion, a price-to-earnings ratio of 22.487 and a beta of 0.65. Spectrum Brands Holdings, Inc. has a 52-week low of $101.93 and a 52-week high of $146.09. The firm has a 50 day moving average price of $106.14 and a 200-day moving average price of $119.69.

About Spectrum Brands Holdings

Spectrum Brands Holdings, Inc (SB Holdings) is a diversified global consumer products company. The Company manufactures, markets and/or distributes its products in approximately 160 countries in the North America (NA); Europe, the Middle East and Africa (EMEA); Latin America (LATAM), and Asia-Pacific (APAC) regions.

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Institutional Ownership by Quarter for Spectrum Brands Holdings (NYSE:SPB)

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