Neuberger Berman Group LLC boosted its stake in Prestige Brands Holdings Inc. (NYSE:PBH) by 17.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,448,129 shares of the company’s stock after buying an additional 218,400 shares during the period. Neuberger Berman Group LLC owned 2.74% of Prestige Brands Holdings worth $69,901,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PBH. Squarepoint Ops LLC boosted its position in shares of Prestige Brands Holdings by 459.5% in the first quarter. Squarepoint Ops LLC now owns 26,962 shares of the company’s stock worth $1,440,000 after buying an additional 22,143 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in shares of Prestige Brands Holdings by 204.7% in the second quarter. BNP Paribas Arbitrage SA now owns 23,567 shares of the company’s stock worth $1,306,000 after buying an additional 15,833 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in shares of Prestige Brands Holdings by 2.8% in the second quarter. Nisa Investment Advisors LLC now owns 7,400 shares of the company’s stock worth $410,000 after buying an additional 200 shares during the last quarter. Eagle Boston Investment Management Inc. boosted its position in shares of Prestige Brands Holdings by 2.6% in the second quarter. Eagle Boston Investment Management Inc. now owns 148,267 shares of the company’s stock worth $8,213,000 after buying an additional 3,811 shares during the last quarter. Finally, LS Investment Advisors LLC boosted its position in shares of Prestige Brands Holdings by 68.5% in the second quarter. LS Investment Advisors LLC now owns 3,482 shares of the company’s stock worth $193,000 after buying an additional 1,416 shares during the last quarter. Hedge funds and other institutional investors own 97.72% of the company’s stock.

Institutional Ownership by Quarter for Prestige Brands Holdings (NYSE:PBH)

Shares of Prestige Brands Holdings Inc. (NYSE:PBH) opened at 48.12 on Wednesday. Prestige Brands Holdings Inc. has a 52 week low of $43.63 and a 52 week high of $58.09. The stock’s 50 day moving average price is $47.83 and its 200-day moving average price is $50.63. The firm has a market capitalization of $2.55 billion, a price-to-earnings ratio of 37.30 and a beta of 1.62.

Prestige Brands Holdings (NYSE:PBH) last issued its quarterly earnings data on Thursday, November 3rd. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. The business had revenue of $215.10 million for the quarter, compared to analysts’ expectations of $78.04 million. Prestige Brands Holdings had a return on equity of 16.27% and a net margin of 8.24%. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.60 EPS. Equities analysts predict that Prestige Brands Holdings Inc. will post $2.37 earnings per share for the current year.

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A number of research firms have issued reports on PBH. B. Riley reiterated a “buy” rating and issued a $70.00 target price on shares of Prestige Brands Holdings in a research report on Tuesday, September 27th. Jefferies Group reiterated a “sell” rating on shares of Prestige Brands Holdings in a research report on Wednesday, August 10th. KeyCorp reiterated a “buy” rating on shares of Prestige Brands Holdings in a research report on Friday, September 23rd. TheStreet upgraded Prestige Brands Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, November 17th. Finally, Gabelli began coverage on Prestige Brands Holdings in a research report on Thursday, November 17th. They issued a “buy” rating and a $65.00 target price on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $60.00.

About Prestige Brands Holdings

Prestige Brands Holdings, Inc is engaged in the marketing, sales and distribution of over-the-counter healthcare and household cleaning products. The Company operates through three segments: North American Over-the-Counter (OTC) Healthcare; International Over-the-Counter Healthcare, and Household Cleaning.

5 Day Chart for NYSE:PBH

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