Published on 27 Mar 2024 on Insider Monkey via Yahoo Finance
Brunswick Corporation (BC) Rose 23% Despite Reporting Mixed Results
TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” fourth-quarter investor letter. A copy of the same can be downloaded here. In the fourth quarter, the strategy underperformed the Russell Midcap Growth Index and returned 13.66% (gross) and 13.44% (net) while the index return was - 14.55%. In addition, please check the fund’s top five holdings to know its best picks in 2023.
TimesSquare Capital U.S. Mid Cap Growth Strategy featured stocks like Brunswick Corporation (NYSE:BC) in the fourth quarter 2023 investor letter. Headquartered in Mettawa, Illinois, Brunswick Corporation (NYSE:BC) designs, manufactures, and markets recreational marine products, including marine engines, boats, and parts and accessories for those products. On March 27, 2024, Brunswick Corporation (NYSE:BC) stock closed at $95.71 per share. One-month return of Brunswick Corporation (NYSE:BC) was 10.66%, and its shares gained 21.37% of their value over the last 52 weeks. Brunswick Corporation (NYSE:BC) has a market capitalization of $6.5 billion.
TimesSquare Capital U.S. Mid Cap Growth Strategy stated the following regarding Brunswick Corporation (NYSE:BC) in its fourth quarter 2023 investor letter: