<div id="readability-page-1"><p>Pinebridge Investments L.P. grew its stake in  Brunswick Co. (NYSE:BC - Free Report) by 42.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 19,006 shares of the company's stock after buying an additional 5,686 shares during the quarter. Pinebridge Investments L.P.'s holdings in Brunswick were worth $1,229,000 as of its most recent SEC filing.</p><ul><li>Top 3 Beverage Stocks Pouring Out Profits</li></ul><p>Several other institutional investors have also recently made changes to their positions in BC. Barclays PLC increased its holdings in  Brunswick by 78.6% in the 3rd quarter. Barclays PLC now owns 118,189 shares of the company's stock worth $9,907,000 after acquiring an additional 52,024 shares in the last quarter.  Franklin Resources Inc. raised its position in shares of  Brunswick by 2.5% during the 3rd quarter. Franklin Resources Inc. now owns 233,128 shares of the company's stock valued at $19,394,000 after purchasing an additional 5,604 shares during the period.  Lord Abbett &amp; CO. LLC boosted its holdings in  Brunswick by 50.2% in the 3rd quarter. Lord Abbett &amp; CO. LLC now owns 683,943 shares of the company's stock worth $57,328,000 after buying an additional 228,662 shares during the period.  Principal Financial Group Inc. boosted its stake in shares of  Brunswick by 2.7% in the third quarter. Principal Financial Group Inc. now owns 1,075,845 shares of the company's stock worth $90,171,000 after acquiring an additional 28,781 shares during the period.  Finally, JPMorgan Chase &amp; Co. lifted its holdings in  Brunswick by 7.4% in the 3rd quarter. JPMorgan Chase &amp; Co. now owns 1,487,773 shares of the company's stock worth $124,705,000 after purchasing an additional 102,780 shares in the last quarter. Institutional investors own  99.34% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>BC has been the topic of several research analyst reports. Robert W. Baird  reissued a &#34;neutral&#34; rating and issued a $56.00 target price (down previously from $90.00) on shares of Brunswick in a report on Friday, April 4th. BMO Capital Markets reduced their target price on Brunswick from $75.00 to $65.00 and set an &#34;outperform&#34; rating on the stock in a report on Friday. DA Davidson upgraded Brunswick to a &#34;hold&#34; rating in a report on Monday, April 14th. Jefferies Financial Group lowered their target price on Brunswick from $64.00 to $45.00 and set a &#34;hold&#34; rating for the company in a research report on Thursday. Finally, Benchmark decreased their price target on shares of Brunswick from $100.00 to $90.00 and set a &#34;buy&#34; rating on the stock in a research note on Friday, January 31st. Seven equities research analysts have rated the stock with a hold rating and seven have assigned  a buy rating to the company. Based on data from MarketBeat, Brunswick presently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $73.85.</p><ul><li>Bath &amp; Body Works Rebound Ahead? Why Analysts Remain Optimistic</li></ul><p><b>Read Our Latest Stock Report on Brunswick</b></p><h2>Brunswick Stock Down 2.2 %</h2><p>Shares of NYSE BC opened at $46.82 on Monday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.65 and a quick ratio of 0.63. The company has a market cap of $3.09 billion, a P/E ratio of 24.64 and a beta of 1.42. Brunswick Co. has a 1 year low of $41.00 and a 1 year high of $87.65. The firm has a 50-day simple moving average of $53.26 and a two-hundred day simple moving average of $66.43. </p><ul><li>Coca-Cola Stock Analysis: Key Insights and Trends</li></ul><p>Brunswick (NYSE:BC - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.31. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.14 billion. Brunswick had a net margin of 2.48% and a return on equity of 15.41%.  Research analysts anticipate that  Brunswick Co. will post 4.19 earnings per share for the current year. </p><h2>Brunswick Increases Dividend</h2><p>The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were issued a $0.43 dividend. This is a positive change from Brunswick's previous quarterly dividend of $0.42. The ex-dividend date  was Monday, February 24th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.67%. Brunswick's payout ratio is presently 142.15%. </p><h2>Insider Activity at Brunswick</h2><p>In other Brunswick news, SVP Randall S. Altman sold 3,417 shares of the company's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $63.21, for a total transaction of $215,988.57. Following the completion of the sale, the senior vice president now owns 26,683 shares in the company, valued at $1,686,632.43. This represents a 11.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, Director Nancy E. Cooper sold 433 shares of the company's stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $65.65, for a total value of $28,426.45. Following the sale, the director now owns 25,361 shares of the company's stock, valued at approximately $1,664,949.65. This represents a 1.68 % decrease in their position. The disclosure for this sale can be found here. 0.81% of the stock is owned by company insiders. </p><h2>Brunswick Profile</h2> (Free Report)<p>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&amp;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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Brunswick</li><li>What Investors Need to Know About Upcoming IPOs</li><li>Texas Instruments: Earnings Beat, Upbeat Guidance Fuel Recovery</li><li>What is the Shanghai Stock Exchange Composite Index?</li><li>O’Reilly Automotive: An Anytime Buy for Buy-and-Hold Investors</li><li>Earnings Per Share Calculator: How to Calculate EPS</li><li>Chipotle Mexican Grill Serves Smoking Hot Entry Point in Q2</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJD?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJD"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Brunswick Right Now?</h2><p>Before you consider Brunswick, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brunswick wasn't on the list.</p><p>While Brunswick currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Pinebridge Investments L.P. increased its stake in Brunswick Co. (NYSE:BC) by 42.7% in Q4, owning 19,006 shares valued at $1.23 million. Other institutional investors, including Barclays and Franklin Resources, also raised their positions. Analysts have mixed ratings on Brunswick, with a consensus price target of $73.85. The stock is currently down 2.2%, trading at $46.82, with a market cap of $3.09 billion. Brunswick recently reported better-than-expected earnings and increased its quarterly dividend to $0.43, reflecting a positive outlook despite a high payout ratio.</p>

Pinebridge Investments L.P. Grows Position in Brunswick Co. (NYSE:BC)